Q:

Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?

A) NASDAQ Index	B) BSE Index
C) Consumer Price Index	D) Wholesale Price Index

Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The Wholesale Price Index (WPI) was main index for measurement of inflation in India till April 2014 when RBI adopted new Consumer Price Index (CPI) as the key measure of inflation.

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Filed Under: Indian Economy
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.

Explanation:

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

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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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following metals is found in free state?

A) Sodium	B) Gold
C) Potassium	D) Calcium

Answer & Explanation Answer: B) Gold

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following regions has the highest potential for wind energy?

A) The Deccan Plateau	B) Gangetic planes
C) Western Ghats	D) The Himalayas

Answer & Explanation Answer: C) Western Ghats

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Madhubani painting style is native to which state?

A) Orissa	B) Andhra Pradesh
C) Bihar	D) Madhya Pradesh

Answer & Explanation Answer: C) Bihar

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Impetus

A) Implication	B) Encouragement
C) Evidence	D) Hinderance

Answer & Explanation Answer: B) Encouragement

Explanation:

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Which of the following is the second highest civilian award of India given for exceptional and distinguished service in any field including service rendered by the government servants?

A) Padma Bhushan	B) Param Vir Chakra
C) Padma Vibhushan	D) Bharat Ratna

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