Q:

Which dynasty was started by Khizr Khan ?

A) The Sayyids	B) The Lodhis
C) The Rajputs	D) The Khiljis

Answer & Explanation Answer: A) The Sayyids

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Two circles touch each other internally. The radius of the larger circle is 6 cm and the distance between the centre is 2 cm, then the radius (in cms) of the other circle is

A) 8	B) 2
C) 4	D) 3

Answer & Explanation Answer: C) 4

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

The age of the father 4 years ago was 8 times the age of his son. At present, the father's age is 4 times that of his son. Find the present age of son.

A) 9 years	B) 7 years
C) 14 years	D) 18 years

Answer & Explanation Answer: B) 7 years

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent	B) 12.5 percent
C) 10 percent	D) 15 percent

Answer & Explanation Answer: B) 12.5 percent

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Filed Under: Indian Economy
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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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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%

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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.

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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.

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