Q:

Match the characteristics with their market structure:

(a) Difficult entry (often due to economies of scale)
(b) Can sell as much as it can at market price

A) (a) Monopolistic Competition, (b) Pure Monopoly	B) (a) Pure Monopoly, (b) Oligopoly
C) (a) Oligopoly, (b) Pure Competition	D) (a) Pure Competition, (b) Oligopoly

Answer & Explanation Answer: C) (a) Oligopoly, (b) Pure Competition

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 40579

Q:

Union Home Minister is to launch the 'Single Window Clearance System' in which sector?

A) DISCOMs	B) Steel Plants
C) Coal Mines	D) Copper Mines

Answer & Explanation Answer: C) Coal Mines

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 40561

Q:

‘Pey Jal Survekshan’ is the initiative of which Union Ministry?

A) Ministry of Jal Shakti	B) Ministry of Agriculture and Farmers Welfare
C) Ministry of Rural Development	D) Ministry of Housing and Urban Affairs

Answer & Explanation Answer: D) Ministry of Housing and Urban Affairs

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 40526

Q:

The basic structure doctrine with regard to the Constitution of India relates to

1.the power of judicial review

2.the judgment in Kesavananda Bharati case (1973)

3.the constraints on Article 368 of the Constitution of India

4.the judgment in Golaknath case (1967)

Select the correct answer using the code given below.

A) 1, 2 and 3 only	B) 1, 2, 3 and 4
C) 1 and 3 only	D) 2 and 4 only

Answer & Explanation Answer: A) 1, 2 and 3 only

Explanation:

The Golaknath Case of 1967 relates to the power of the Parliament to curtail the Fundamental Rights provided in the Constitution.In 1967, the Supreme Court reversed its earlier decisions in Golaknath v. State of Punjab. It held that Fundamental Rights included in Part III of the Constitution are given a "transcendental position" and arebeyond the reach of Parliament. It also declared any amendment that "takes away or abridges" a Fundamental Right conferred by Part III as unconstitutional. By 1973, the basic structure doctrine triumphed in Justice Hans Raj Khanna's judgment in the landmark decision of Kesavananda Bharati v. State of Kerala.

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Filed Under: Indian History
Exam Prep: Bank Exams

0 40490

Q:

Every inductive argument is __________.

A) a comparison of two sets of events, ideas, and things	B) based on rules, definitions, and principles
C) either valid or sound	D) either invalid or unsound

Answer & Explanation Answer: A) a comparison of two sets of events, ideas, and things

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

2 40451

Q:

Who holds the post of Deputy Chairman of the Planning Commission?

A) Prime Minister	B) Planning Minister
C) an official who holds the rank of a Cabinet Minister	D) an economist of repute

Answer & Explanation Answer: C) an official who holds the rank of a Cabinet Minister

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 40411

Q:

'Bagh', a village in Gwalior is famous for

A) Sculptures	B) Architecture
C) Cave Painting	D) All of the above

Answer & Explanation Answer: C) Cave Painting

Explanation:

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Filed Under: Famous Places

140 40396

Q:

Which among the following is/are the unitary feature(s) of Indian Constitution?

I. Single Constitution for State and Centre

II. Single Citizenship

III. Integrated Judiciary

A) Only I	B) Only II
C) Both I and II	D) All I, II and III

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