Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50	B) Rs 850
C) Rs 800	D) Rs 100

Answer & Explanation Answer: B) Rs 850

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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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Filed Under: Indian Economy

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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product	B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product	D) when there are two buyers and two sellers of a product

Answer & Explanation Answer: C) when there is only one buyer and one seller of a product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive	B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth	D) ensures increasing productive investment

Answer & Explanation Answer: B) makes the monetary policies less effective

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Atomic numbers of four elements are as follows : F(9), P(15), Cl(17), Ar(18). Which of the following two elements would be chemically similar?

A) F and Ar	B) Cl and P
C) F and P	D) F and Cl

Answer & Explanation Answer: D) F and Cl

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Filed Under: Chemistry
Exam Prep: 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:

Which among the following is true for the Supreme Court of India ?

A) Federal Court	B) Court of Appeal
C) Guardian of the Constitution	D) All of these

Answer & Explanation Answer: D) All of these

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 2 January 2018, Parliament Passed NABARD (Amendment) Bill, 2017. The Bill seeks to increase capital of NABARD from Rs 5,000 crore to ______.

A) Rs 30,000 crore	B) Rs 10,000 crore
C) Rs 20,000 crore	D) Rs 40,000 crore

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