Questions

Q:

The World Trade Organisation, which replaced GATT, has its Head Quarters in

A) Vienna B) Brussels
C) New York D) Geneva
 
Answer & Explanation Answer: D) Geneva

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

Prince of Wales Cup is associated with_____

A) Rugby B) Golf
C) Polo D) Chess
 
Answer & Explanation Answer: B) Golf

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Name the committee appointed in 1986 by Rajiv Gandhi on "Revitalisation of Panchayti Raj Institution for Democracy & Development".

A) Ashok Mehta Committee B) L M Singhvi Committee
C) G.V.K. Rao Committee D) Balwant Rai Mehta Committee
 
Answer & Explanation Answer: B) L M Singhvi Committee

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following organisms are considered to be both Living and Non-living?

A) Bacteria B) Fungi
C) Algae D) Virus
 
Answer & Explanation Answer: D) Virus

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The essential organs in a flower for reproduction are

A) the stamen and pistil B) the sepal and stamen
C) the sepal and petal D) the petal and pistil
 
Answer & Explanation Answer: A) the stamen and pistil

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The word development in economics pertains to

A) democratic countries B) third world countries
C) advanced countries D) undeveloped countries
 
Answer & Explanation Answer: B) third world countries

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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