Q:

Where will be the Jai Bhawani women's cooperative textile mill (Asia's first Solar Power-Enabled Textile Mill) set up?

A) Maharashtra	B) Chennai
C) Bengaluru	D) Kanpur

Answer & Explanation Answer: A) Maharashtra

Explanation:

Jai Bhawani women's cooperative textile mill which is set to come up at Parbhani, Maharashtra will be the first Textile Mill in Asia which will operate on Solar Power.

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Exam Prep: Bank Exams

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Q:

Which is the 1st Central Bank to reach one million followers on twitter?

A) Central Bank of India	B) Reserve Bank of India
C) The Bank of Ghana	D) Bank of America

Answer & Explanation Answer: B) Reserve Bank of India

Explanation:

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Q:

The second most senior office in the country is of _____ .

A) Office of the President of India	B) Office of the Prime Minister of India
C) Office of the Vice President of India	D) Office of the Chief Justice of India

Answer & Explanation Answer: C) Office of the Vice President of India

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero	B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive	D) When total utility is maximum,marginal and average utility are equal to each other.

Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Filed Under: Indian Economy
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Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35%	B) 40%
C) 42%	D) 45%

Answer & Explanation Answer: C) 42%

Explanation:

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Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

Explanation:

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Q:

In economics secondary effects refer to the

A) best alternative that must be forgone as the result of a choice.	B) immediate and visible intended consequences of a change.
C) impact of the scarcity of resources on the scarcity of the goods that are produced with those resources.	D) unintended consequences of a change that are not immediately identifiable but are felt only with time.

Answer & Explanation Answer: B) immediate and visible intended consequences of a change.

Explanation:

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Q:

______ is a strong drug that doctors give to people to make them calm or help them sleep.

A) Barbiturate	B) Antidepressant
C) Antihistamine	D) Beta-Blocker

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