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Q:

The International Date Line is located at

 

A) 180° longitude B) Standard meridian
C) Equator D) Greenwich meridian
 
Answer & Explanation Answer: A) 180° longitude

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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 31949
Q:

Match the characteristics with their market structure:

(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic
(b) Homogeneous product, all goods are perfect substitutes for consumers

A) (a) Monopolistic Competition, (b) Pure Competition B) (a) Monopolistic Competition, (b) Pure Monopoly
C) (a) Pure Monopoly, (b) Pure Competition D) (a) Pure Monopoly, (b) Pure Competition
 
Answer & Explanation Answer: A) (a) Monopolistic Competition, (b) Pure Competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Article 360 of Indian Constitution, empowers whom to proclaim a Financial Emergency?

 

 

 

A) The Finance Minister of India   B) The Governor of Reserve Bank of India
C) The President of India D) Defence Minister of India
 
Answer & Explanation Answer: C) The President of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

2 31892
Q:

Match the characteristics with their market structure:

(a) MC = Price
(b) Firm will tend to set output so that it earns maximum profits.

A) (a) Pure Competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic Competition
C) (a) Oligopoly, (b) Monopolistic Competition D) (a) Pure Competition, (b) Oligopoly
 
Answer & Explanation Answer: A) (a) Pure Competition, (b) Pure Monopoly

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Filed Under: Indian Economy
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Q:

"Gilt-edged" means ___________.

 

A) bullion market   B) market of government securities  
C) market of guns D) market of pure metals
 
Answer & Explanation Answer: B) market of government securities  

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which animal can create the loudest sound among any living creature?

A) Whale shark B) Gibbon
C) Humpback Whales D) Howler monkey
 
Answer & Explanation Answer: C) Humpback Whales

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Filed Under: Animals and Birds

335 31777
Q:

Which statements are CORRECT?

I. In early 1930’s Nylon was prepared from coal, water and air.

II. Nylon was the first fully synthetic fibre.

III. Nylon fibre was strong, elastic and light.

A) Only I and II B) Only I and III
C) Only II and III D) All I, II and III
 
Answer & Explanation Answer: D) All I, II and III

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Filed Under: Indian History
Exam Prep: Bank Exams

0 31583
Q:

Which one of the following with regard to the term ‘bank run’ is correct?

 

A) The net balance of money a bank has in its chest at the end of the day’s business B) The ratio of bank’s total deposits and total liabilities
C) A panic situation when the deposit holders start withdrawing cash from the banks D) The period in which a bank creates highest credit in the market
 
Answer & Explanation Answer: C) A panic situation when the deposit holders start withdrawing cash from the banks

Explanation:

A bank run occurs when a large number of people withdraw their money from a bank, because they believe the bank may cease to function soon.

A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as people suddenly try to convert their threatened deposits into cash or try to get out of their domestic banking system altogether.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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