Questions

Q:

Fertilisation of sperm with the ovum takes place in

A) Uterus B) Cervix
C) Fallopian Tube D) Ovary
 
Answer & Explanation Answer: C) Fallopian Tube

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following hormone is not secreted by pituitary gland?

A) Thyroid-stimulating hormone (TSH) B) Prolactin
C) Vasopressin D) Somatostatin
 
Answer & Explanation Answer: D) Somatostatin

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry B) Reserve Bank of India
C) Treasury D) Currency Printing Presses
 
Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

In August 2017, which of the following launched world’s first future contracts in ‘diamonds’?

 

A) Indian Commodity Exchange (ICEX) B) Multi Commodity Exchange (MCEX)  
C) National Association of Securities Dealers Automated Quotations (NASDAQ)   D) None of these  
 
Answer & Explanation Answer: A) Indian Commodity Exchange (ICEX)

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

How many princely states were there in India at the time of Independence?

A) 347 B) 490
C) 565 D) 418
 
Answer & Explanation Answer: C) 565

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Filed Under: Indian History
Exam Prep: Bank Exams

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