Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5%	B) 10%
C) 2%	D) 15%

Answer & Explanation Answer: C) 2%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The State Financial Corporations have given assistance mainly to develop___________.

A) agriculture farms	B) cottage industries
C) medium and small-scale industries	D) large scale industries

Answer & Explanation Answer: C) medium and small-scale industries

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price	B) Substitution
C) Supply	D) Demand

Answer & Explanation Answer: D) Demand

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is a risk taken by entrepreneurs in small business?

A) Interference with personal lives	B) Psychological stress
C) Social and family pressure	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Some of the risks faced by entrepreneur of small business are:-

1. Funding of capital.
2. Adequate cashflows.
3. Social and family pressures.
4. Interference with personal lives.
5. psychological pressure.
6.Lack of motivation

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony	B) Monopoly
C) Oligopoly	D) Monopolistic Competition

Answer & Explanation Answer: D) Monopolistic Competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is used to get relief when you have been stung by a honeybee?

A) Common salt	B) Baking soda
C) Acetic acid	D) Washing soda

Answer & Explanation Answer: B) Baking soda

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Who is the Chairman of the Film and Television Institute of India as of February 2018?

A) Jaya Prada	B) Anupam Kher
C) Mithum Chakraborty	D) Jaya Bachchan

Answer & Explanation Answer: B) Anupam Kher

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

What is the range of frequencies of sound waves audible to human beings?

A) 16kHz to 200kHz	B) 16Hz to 16kHz
C) 16Hz to 20kHz	D) 14Hz to 20kHz

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