Questions

Q:

What is true about economic resources?

A) Economic resources are limited. B) Economic resources are always controlled by the government.
C) Economic resources include only money. D) Economic resources exist only at the individual level.
 
Answer & Explanation Answer: A) Economic resources are limited.

Explanation:

Economic resources are those goods and services that can be converted into valuable products for individual and business purposes.

There are four major types of economic resources:

1. land,

2. labor,

3. capital and

4. entrepreneurship.

 

Land and labor are natural and human resources, while capital means physical resources or money.

Entrepreneurship converts these resources into usable goods.

 

However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Black soils are best suited for the cultivation of

A) Maize B) Sugarcane
C) Cotton D) Paddy
 
Answer & Explanation Answer: C) Cotton

Explanation:

Black soils are rich in montmorillonitic and beidellitic group of clay minerals and are poor in nitrogen, phosphorus and organic matter. Black soils are most suitable for the cotton crop hence it is also known as black cotton soil. Besides cotton, the soil is suitable for the cultivation of crops like wheat, groundnut, chillies, tobacco and jowar.

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Filed Under: Indian Geography
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Q:

Economic liberalization in India started with ___________.

A) substantial changes in industrial licensing policy   B) convertibility of Indian rupee  
C) doing away with procedural formalities for foreign direct investment D) significant reduction in tax rates  
 
Answer & Explanation Answer: A) substantial changes in industrial licensing policy  

Explanation:
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Filed Under: Indian Economy
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Q:

Human body main organ of balance is located in

A) Brain B) Eyes
C) Ears D) Nose
 
Answer & Explanation Answer: C) Ears

Explanation:

Labyrinth which is part of the ear is the main organ of balance in the human body.

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Filed Under: General Science
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Q:

The monosaccharides important in nutrition are

A) Glucose B) Galactose
C) Fructose D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

There are 3 monosaccharides important in nutrition. They are Glucose, Galactose and Fructose.

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Filed Under: General Science
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Q:

Majuli, the largest river island in the world is located in which state of India?

A) Tripura B) Nagaland
C) Assam D) Manipur
 
Answer & Explanation Answer: C) Assam

Explanation:

Majuli or Majoli is a river island in the Brahmaputra River, Assam and in 2016 it became the first island to be made a district in India.

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Filed Under: Indian Politics
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Q:

The Limitation Law, which passed by the British in 1859, addressed which one of the following issues?

A) Loan bonds would not have any legal validity B) Loan bonds signed between money lender and Ryots would have validity only for three years
C) Loan bonds could not be executed by money lenders D) Loan bonds would have validity for ten years
 
Answer & Explanation Answer: B) Loan bonds signed between money lender and Ryots would have validity only for three years

Explanation:

The ryots came to see the moneylender as devious and deceitful. They complained of moneylenders manipulating laws and forging accounts. In 1859 the British passed a Limitation Law that stated that the loan bonds signed between moneylenders and ryots would have validity for only three years. This law was meant to check the accumulation of interest over time. The moneylender, however, turned the law around, forcing the ryot to sign a new bond every three years.

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Name an English Word of more than 2 letters that both begins and ends with the letters

Answer

Headache and Heartache are the only two words that of more than 2 letters that both begins and ends with the letters "HE" in the same order.

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Subject: Word Puzzles Exam Prep: Bank Exams

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