Questions

Q:

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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

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Q:

Which of the following Cryptocurrency Dealers launched India’s first mobile ‘Bitcoin trading' app for transacting in virtual currencies?

A) EtherDelta Exchange B) BitFin Exchange
C) Venus Exchange D) Pluto Exchange
 
Answer & Explanation Answer: D) Pluto Exchange

Explanation:

Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India’s first mobile ‘Bitcoin trading app’ fortransacting in virtual currencies. Users of Pluto Exchange’s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).

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Filed Under: General Awareness

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Q:

As per the 2016-17 Budget, the largest source of money to the Government of India is

A) Income Tax B) Corporation Tax
C) Non-tax revenues D) Borrowings and other liabilities
 
Answer & Explanation Answer: D) Borrowings and other liabilities

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In July 2017, the Central Government has set the investment limit per fiscal year for ‘Hindu Undivided Family’ to ______ kg under ‘Sovereign Gold Bonds Scheme’.

A) 2 B) 10
C) 4 D) 15
 
Answer & Explanation Answer: C) 4

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

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Q:

What is the name of the acid in an ant's sting?

A) Acetic acid B) Citric acid
C) Formic acid D) Lactic acid
 
Answer & Explanation Answer: C) Formic acid

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Why do atoms bond?

A) To reduce potential energy and gain stability B) To make atoms
C) To increase potential energy and lose stability D) To increase potential energy and gain stability
 
Answer & Explanation Answer: A) To reduce potential energy and gain stability

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Pick the odd one out from the following:

A) NaOH B) Cu(OH)2
C) NH4OH D) Zn(OH)2
 
Answer & Explanation Answer: A) NaOH

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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