Questions

Q:

Which Schedule of Indian Constitution was added by the 74th Constitutional Amendment Act?

A) Ninth Schedule B) Tenth Schedule
C) Eleventh Schedule D) Twelfth Schedule
 
Answer & Explanation Answer: D) Twelfth Schedule

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Q:

Find the odd word/letters/number pair from the given alternatives.

A) BDF B) NQS
C) TVX D) HJL
 
Answer & Explanation Answer: B) NQS

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Q:

Find the odd word/letters/number from the given alternatives.

A) BDF B) GIK
C) LMO D) OQS
 
Answer & Explanation Answer: C) LMO

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Q:

Who among the following Sikh Gurus had laid the foundation of Amritsar?

A) Guru Amar Das B) Guru Ram Das
C) Guru Arjan Dev D) Guru Har Govind
 
Answer & Explanation Answer: B) Guru Ram Das

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Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent B) One percent
C) 0.5 percent D) More than one percent
 
Answer & Explanation Answer: B) One percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Working capital is a measure of

A) liquidity B) consistency
C) profitability D) solvency
 
Answer & Explanation Answer: A) liquidity

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

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