Q:

Indian Constitution has how many Schedules?

A) 4	B) 8
C) 12	D) 16

Answer & Explanation Answer: B) 8

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Find out the odd word/letters/number/number pair from the given alternatives.

A) Tamil Nadu	B) Kerala
C) Andhra Pradesh	D) Delhi

Answer & Explanation Answer: D) Delhi

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Q:

Which of following is true if the Government monetized part of its deficit?

A) Money supply in the economy will increase.	B) Interest rate will increase.
C) Government revenue will decrease.	D) Government expenditure will increase.

Answer & Explanation Answer: A) Money supply in the economy will increase.

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Filed Under: Indian Economy
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Q:

In 2016, the State Bank of India launched a new product called 'SBI Exclusif'. What is the financial nature of this product?

A) Insurance	B) Mutual Fund Offering
C) Wealth Management	D) Recurring Deposit Scheme

Answer & Explanation Answer: C) Wealth Management

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Q:

In terms of economics, if it is possible to make someone betteroff without making someone worseoff, then the situation is

A) Inefficient	B) Efficient
C) Optimal	D) Paretosuperior

Answer & Explanation Answer: D) Paretosuperior

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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital	B) help in the further production of goods
C) directly go into the satisfaction of human wants	D) find multiple uses

Answer & Explanation Answer: B) help in the further production of goods

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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.	B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions.	D) the extent to which a market is competitive.

Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

The major ingredient of sweetened soft drink is

A) Carbonated water	B) Hydrochloric acid
C) Phosphoric acid	D) Caffeine

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