Bank Exams Questions

Q:

Someone who loans money is called

A) Lender B) Borrower
C) Investee D) Investor
 
Answer & Explanation Answer: A) Lender

Explanation:

Someone who receives money in exchange for a promise to pay it back later is called a borrower1, and the person making the loan is the lender.

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Q:

Which ministry has started the exercise to revise base year to 2017 - 2018 for computation of wholesale inflation?

A) Ministry of Commerce and Industry B) Ministry of Finance
C) Ministry of Corporate Affairs D) All the above
 
Answer & Explanation Answer: A) Ministry of Commerce and Industry

Explanation:

The India's commerce and industry ministry has started the exercise to revise base year to 2017-18 for computation of wholesale inflation with a view to present more realistic picture of the price situation

 

In May last year, the government revised the base year for WPI-based inflation to 2011-12 to give a better indication of changes in prices of commodities.

 

The new index, with 2017-18, is expected to have new items, which would provide a more realistic picture of price rise and its impact on people.

 

Most of the additions could be in the manufactured products category. Currently, the index has a total of 697 items, including primary articles, fuel and power and manufactured products.

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Filed Under: Indian Economy
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Q:

What is the first step when supervising detainee operations?

Answer

The first step is to disarm and secure detainees when supervising detainee operations.

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Subject: Indian Politics Exam Prep: AIEEE , Bank Exams
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Q:

On a certain item profit is 120%. If the cost price increases by 10% then what will be the new profit margin (in %) if selling price remains the same?

A) 50 B) 60
C) 100 D) 90
 
Answer & Explanation Answer: C) 100

Explanation:
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Filed Under: Profit and Loss
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Q:

The National Flag Code of India has taken effect from

A) 26th January 2002 B) 15th August 2000
C) 26th Jan 2001 D) 15th August 2001
 
Answer & Explanation Answer: A) 26th January 2002

Explanation:

There is universal affection and respect for and loyalty to the Indian National Flag. As it is the symbol of our national pride it represents the hopes and aspiration of the people.


The Flag Code of India 2002 permits unrestricted display of the tricolour, consistent with the honour and dignity of the flag.

 

The Flag Code of India has been divided into three parts:-

1. General Description of the National Flag.

2. Display of the National Flag by members of public, private Organizations & educational institutions etc.

3. Display of National Flag by Central or State Governments and their organizations and agencies.

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Q:

Eshan's birthday is on Friday 10th March. On what day of the week will be Shlok's Birthday in the same year if Shlok was born on 25th September?

A) Monday B) Wednesday
C) Friday D) Thursday
 
Answer & Explanation Answer: A) Monday

Explanation:
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Filed Under: Calendar
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Q:

Which describes how mRNA is used by a cell?

A) It is used to move information to other cells. B) It is used to check DNA for mutations.
C) It is used to replicate DNA for mitosis. D) It is used to transfer genetic information.
 
Answer & Explanation Answer: D) It is used to transfer genetic information.

Explanation:

A RNA copy of a DNA gene is called as messenger RNA or mRNA. mRna is used in translation because information is translated from one language (nucleotides) into another (amino acids).

 

Hence, mRNA is used to transfer genetic information by a cell.

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Filed Under: Biology
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Q:

On election day, voters for President are really voting for

A) Electors B) President
C) The speaker of the House D) Both B & C
 
Answer & Explanation Answer: A) Electors

Explanation:

On election day, voters for The President are really voting for the electors who can elect President.

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Filed Under: Indian Politics
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