Questions

Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

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Q:

The angle of elevation of the top of a pillar from the foot and the top of a building 20 m high, are 60° and 30° respectively. The height of the pillar is

A) 10 m B) 10√3m
C) 60 m D) 30 m
 
Answer & Explanation Answer: D) 30 m

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Q:

Which country hosted the FIFA Under 17 (U-17) World Cup in 2017?

A) Brazil B) Spain
C) England D) India
 
Answer & Explanation Answer: D) India

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which of the following organisation has approved a $25-30 billion commitment plan for India for the 2019-22 period? 

A) United Nations  B) World Bank 
C) UNCTAD  D) New Development Bank 
 
Answer & Explanation Answer: B) World Bank 

Explanation:

The World Bank Group (WBG) has approved a $25-30 billion commitment plan for India for the 201922 period. The new Country Partnership Framework (CPF), endorsed by the WBG board of executive directors focuses on the development priorities of the country - resource efficient and inclusive growth, job creation and building its human capital. The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

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Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore D) Mumbai, Kolkata, Hyderabad, NOIDA
 
Answer & Explanation Answer: D) Mumbai, Kolkata, Hyderabad, NOIDA

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

India's current finance minister Arun Jaitley is a Rajya Sabha member from which state?

A) Uttar Pradesh B) Haryana
C) Punjab D) Gujarat
 
Answer & Explanation Answer: D) Gujarat

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Filed Under: Indian Politics
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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory? 

 

A) Prime Minister   B) President
C) Vice President D) Finance Minister
 
Answer & Explanation Answer: B) President

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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