General Knowledge Questions

Q:

The term 'Dumping' refers to

A) The sale of a sub­standard commodity B) Sale in a foreign market of a commodity at a price below marginal cost
C) Sale in a foreign market of a commodity just at marginal cost with too much of profit D) Smuggling of goods without paying any customs duty
 
Answer & Explanation Answer: B) Sale in a foreign market of a commodity at a price below marginal cost

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In India, planning commission was replaced by

A) UPSC B) NITI Aayog
C) National Development Council D) NMDC
 
Answer & Explanation Answer: B) NITI Aayog

Explanation:

The Planning Commission was an institution in the Government of India started by Jawaharlal Nehru, The First Prime Minister of Independent India, in the year 1950. Later, this was replaced by NITI Aayog in 2015 by now and than Prime Minister Narendra Modi to ensure implementation of the Sustainable Development Goals by fostering the involvement of State Governments of India in the economic policy-making process.

 

NITI Aayog means National Institute for Transforming India. Narendra Modi is the Chairman of NITI Aayog.

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Filed Under: Indian Politics
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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Q:

The long run aggregate supply curve is vertical because

A) there is no cyclical inflation B) potential GDP is low
C) at full employment prices are stable D) all of the above
 
Answer & Explanation Answer: C) at full employment prices are stable

Explanation:

The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

India's largest start up ecosystem has launched in which state?

A) Uttar Pradesh B) Gujarat
C) Uttarakhand D) Kerala
 
Answer & Explanation Answer: D) Kerala

Explanation:
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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

How long is a term in the house of representatives?

A) 5 B) 2
C) 4 D) 6
 
Answer & Explanation Answer: B) 2

Explanation:

Members of the House of Representatives serve two-year terms and are considered for reelection every even year.

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The swift movement of the falling water droplets along with the rising air create lightning and sound. It is this event that we call a ________________.

A) thunderstorm B) hail
C) twister D) cloudburst
 
Answer & Explanation Answer: A) thunderstorm

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which characteristic is a property of molecular substances?

A) good heat conductivity B) high melting point
C) good heat conductivity D) low melting point
 
Answer & Explanation Answer: D) low melting point

Explanation:

The substances in which two or more atoms are attached together are called as molecular substances. 

 

Properties of molecular substances ::

 

1. Molecular substances are bonded with covalent bonds

2. Bad heat conductivity

3. Bad electrical conductivity

4. Have low melting points.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

What was India's rank in the latest ICC One Day International Rankings?

A) 1st B) 2nd
C) 3rd D) 4th
 
Answer & Explanation Answer: B) 2nd

Explanation:

India's rank in the latest ICC One Day International Rankings is Second. England tops the list followed by India, South Africa, New Zealand, Pakistan, Australia in the list.

 

Whereas India's rank in the latest ICC Test International Rankings is First followed by South Africa and England in 2nd and 3rd places.

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Filed Under: Sports
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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