Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Maineveer	B) Maneuver
C) Maneover	D) Manever

Answer & Explanation Answer: B) Maneuver

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 915

Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5	B) 1
C) 2.5	D) 8

Answer & Explanation Answer: B) 1

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 915

Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers	B) Income of consumers remains constant
C) Consumers are affected by demonstration effect	D) There are no changes in the price of substitute goods.

Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 914

Q:

ZIKA virus which causes neurological birth disorders is transmitted by

A) Rat bites	B) Mosquito bites
C) Snake bites	D) Monkey bites

Answer & Explanation Answer: B) Mosquito bites

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

1 913

Q:

Which Part of Indian Constitution contains Article 368 that gives power to the Parliament to do constitutional amendments?

A) Part XX	B) Part VII
C) Part XXII	D) Part IX

Answer & Explanation Answer: A) Part XX

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 913

Q:

Select the missing numbers from the given alternatives

A) 30	B) 35
C) 20	D) 25

Answer & Explanation Answer: B) 35

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

0 913

Q:

In the following question, four groups of three numbers are given. In each group the second and third number are related to the first number by aLogic/Rule/Relation. Three are similar on basis of same Logic/Rule/Relation. Select the odd one out from the given alternatives.

A) (61, 64, 71)	B) (57, 60, 69)
C) (75, 78, 85)	D) (89, 92, 99)

Answer & Explanation Answer: B) (57, 60, 69)

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

A) Rs 3.11 lakh crore	B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore	D) Rs 7 lakh crore

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