Questions

Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which State in India has the highest forest cover?

A) Kerala B) Madhya Pradesh
C) Maharashtra D) Bihar
 
Answer & Explanation Answer: B) Madhya Pradesh

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following is a CORRECT statement?

A) Only compounds are pure substance B) Compounds are impure substance
C) Only elements are pure substance D) Both compounds and elements are pure substance
 
Answer & Explanation Answer: D) Both compounds and elements are pure substance

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which diabetes requires insulin shots?

A) Type 2 B) Type 1
C) Both 1 & 2 D) None
 
Answer & Explanation Answer: B) Type 1

Explanation:

The purpose of using insulin is to get the best management of blood sugar readings as close to normal blood sugar readings as possible to help avoid complications from diabetes.

People with Type 1 diabetes always require insulin injections in order to control blood sugar readings because they make little or no insulin.

 

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

 

English may be a foreign

 

A-countries, but not for

B-those from India

C-language for students from other

 

 

A) BCA   B) CAB  
C) BAC   D) ACB
 
Answer & Explanation Answer: B) CAB  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

In December 2017, SEBI tightened rating agency norms. The net worth requirement for rating agencies has now been increased from Rs 5 crore to ______.

A) Rs 10 crore   B) Rs 15 crore
C) Rs 20 crore D) Rs 25 crore
 
Answer & Explanation Answer: D) Rs 25 crore

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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