Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax	B) Entertainment tax
C) Income tax	D) Gift tax

Answer & Explanation Answer: B) Entertainment tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The major objective of monetary policy is to

A) increase government's tax revenue	B) revamp the Public Distribution System
C) Promote economic growth with price stability	D) weed out corruption in the economy

Answer & Explanation Answer: C) Promote economic growth with price stability

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Q:

An increase in the growth rate of the nominal money supply results in

A) Lower rate of inflation	B) Higher rate of inflation
C) Lower interest rates	D) Currency appreciation

Answer & Explanation Answer: B) Higher rate of inflation

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Exam Prep: Bank Exams

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor	B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go	D) decreases unemployment

Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Q:

India-born Satya Nadella is the Chief Executive Officer (CEO) of which of the following companies?

A) Dell	B) Amazon
C) Microsoft	D) Google

Answer & Explanation Answer: C) Microsoft

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Name the architect who designed New Delhi.

A) Le Corbusier	B) Sir Edwin Lutyens
C) Andrew Paul	D) George Baker

Answer & Explanation Answer: B) Sir Edwin Lutyens

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Q:

To commemorate the 75th anniversary of Quit India Movement, which program was organized by the Central Government in August 2017?

A) Sankalp se Shakti	B) Sankalp se Siddhi
C) Saavdhani se Suraksha	D) Sangharsh se Saksham

Answer & Explanation Answer: B) Sankalp se Siddhi

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

In which of the following, Nylon is used?

A) Sleeping bags	B) Parachute
C) Toothbrush	D) All options are correct

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