Q:

In October 2017, who launched ‘Sampoorna Bima Gram (SBG) Yojana’, which aims to expand the clientele base of postal life Insurance?

A) Manoj Sinha	B) Jayant Sinha
C) Arun Jaitley	D) Suresh Prabhu

Answer & Explanation Answer: A) Manoj Sinha

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 917

Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes	B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production	D) the market value of the annual output net of consumption of fixed capital

Answer & Explanation Answer: A) income received by households less personal taxes

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 917

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:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note	B) Usance Promissory Note
C) Demand Promissory Note	D) Both a & b

Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45	B) 0.55
C) 2	D) 1.25

Answer & Explanation Answer: B) 0.55

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The people of the Indus Valley Civilisation worshipped ___

A) Hanuman	B) Kali
C) Ayyappa	D) Pashupati

Answer & Explanation Answer: D) Pashupati

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who among the following has been awarded by the UNHCR Nansen Refugee Award-2017 for his crucial mediating role and efforts to help children effected by the insurgency in his country?

A) Zannah Mustapha	B) Francois Gabart
C) Sarah Mullally	D) Cyril Ramaphosa

Answer & Explanation Answer: A) Zannah Mustapha

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 915

Q:

Which of the following is a feature of aerobic metabolism?

A) energy is produced more slowly than in anaerobic metabolism	B) energy is observed more slowly than in anaerobic metabolism
C) energy is produced more fastly than in anaerobic metabolism	D) energy is observed more fastly than in anaerobic metabolism

Answer & Explanation Answer: A) energy is produced more slowly than in anaerobic metabolism

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Filed Under: Biology
Exam Prep: Bank Exams

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