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Q:

Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?

A) Amazon B) Flipkart
C) Snapdeal D) eBay
 
Answer & Explanation Answer: A) Amazon

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Filed Under: Indian Economy

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50% B) 3.00%
C) 3.50% D) 4.00%
 
Answer & Explanation Answer: A) 2.50%

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Filed Under: Indian Economy
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Q:

How many union territories does India have as of June 2017?

A) 7 B) 6
C) 5 D) 4
 
Answer & Explanation Answer: A) 7

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Filed Under: Indian Geography
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Q:

Who has been named as the first ever 'Kid of the Year' by TIME Magazine?

A) Udit Singhal B) Krishna Tirath
C) Sadat Rahman D) Gitanjali Rao
 
Answer & Explanation Answer: D) Gitanjali Rao

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Filed Under: Famous Personalities
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Q:

Which Asian city hosted the 2017 Men's Hockey Asia Cup?

A) Dhaka B) Teheran
C) Tokyo D) Singapore
 
Answer & Explanation Answer: A) Dhaka

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Filed Under: Sports
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Q:

The game of football is also referred to as ___.

A) Rugby B) Poker
C) Soccer D) Ping-Pong
 
Answer & Explanation Answer: C) Soccer

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Filed Under: Sports
Exam Prep: Bank Exams

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