Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961	B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990	D) No option is correct

Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who is the newly appointed Foreign Secretary of India who took charge in early 2018?

A) Vijay Keshav Gokhale	B) Usha Rani
C) Nitin Kumar Yadav	D) Rajni Sekhri Sibal

Answer & Explanation Answer: A) Vijay Keshav Gokhale

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase	B) decrease
C) constant	D) double

Answer & Explanation Answer: B) decrease

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A price floor is _____.

A) a maximum legal price	B) a minimum legal price
C) the price where demand equals supply	D) the price where elasticity of demand equals elasticity of supply

Answer & Explanation Answer: B) a minimum legal price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores	B) Rs 43.5 crores
C) Rs 76.5 crores	D) Rs 78.5 crores

Answer & Explanation Answer: D) Rs 78.5 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the Greenhouse Effect?

A) The fall in population of plants due to human activity	B) It is the warming of earth's surface due to its atmosphere
C) The polluting effect of burning fossil fuels	D) The heating of the atmosphere due to depletion of the ozone layer

Answer & Explanation Answer: B) It is the warming of earth's surface due to its atmosphere

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
Ritika decided to get up early (1)/ to wear a nice dress (2)/ and visit her aunt. (3)/ No Error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: C) 3

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In which coast was the World's largest Marine Protected Area (MPA) created in October 2016?

A) Ireland	B) Italy
C) Antarctica	D) Scotland

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