Q:

The Peacock Throne was a famous jewelled throne that was the seat of the ________ emperors of India.

A) Maurya	B) Gupta
C) Mughal	D) Maratha

Answer & Explanation Answer: C) Mughal

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who is the author of "India: From Midnight to the Millennium"?

A) Anuj Tiwari	B) Mitali Meelan
C) Shashi Tharoor	D) Jhumpa Lahiri

Answer & Explanation Answer: C) Shashi Tharoor

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Filed Under: Books and Authors
Exam Prep: Bank Exams , CAT

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Q:

Depreciation is loss in value of ________

A) Final goods	B) Machinery
C) Capital stock	D) Stock of inventory

Answer & Explanation Answer: B) Machinery

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following tax systems will help to reduce economic inequalities in India?

A) Regressive Tax	B) Progressive Tax
C) Flat rate tax	D) None of these

Answer & Explanation Answer: B) Progressive Tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.	B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources.	D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.

Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23	B) -2.09
C) 2.23	D) 2.09

Answer & Explanation Answer: A) -2.23

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of these islands are located in the Arabian Sea?

A) Andaman Islands	B) Nicobar Islands
C) Lakshadweep Islands	D) All of the above

Answer & Explanation Answer: C) Lakshadweep Islands

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Dudhwa Tiger Reserve is in which state?

A) Karnataka	B) Uttar Pradesh
C) Chhattisgarh	D) West Bengal

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