Bank Clerk Questions

The India's commerce and industry ministry has started the exercise to revise base year to 2017-18 for computation of wholesale inflation with a view to present more realistic picture of the price situation

In May last year, the government revised the base year for WPI-based inflation to 2011-12 to give a better indication of changes in prices of commodities.

The new index, with 2017-18, is expected to have new items, which would provide a more realistic picture of price rise and its impact on people.

Most of the additions could be in the manufactured products category. Currently, the index has a total of 697 items, including primary articles, fuel and power and manufactured products.

Budgetary Control is establishment of budgets and the continuous comparison of actual results with the planned results. It computes the variances and after that management takes necessary actions to maintain favorable variations, through revision of the budgets.

Delhi state police has launched e-learning portal 'Nipun' for training all its police officers to give up to date information through specialized courses designed by experts.

Option A) "Counting the votes in an election to determine the next governor"  is the only one where data gathering is done.

In all other options, data is already collected and now analyzing of data is going on.

The term 'degrees of newness' is associated with degree of design change. How much the design changes that much newness comes in it.

A large underground economy results in an Overstated GDP. The underground economy is also called as Black market. It refers to illegal economic activity. Transactions in the underground economy are illegal either because the good or service being traded is illegal or because an otherwise licit transaction does not comply with government reporting requirements.

During protein synthesis process, each tRNA carries one aminoacid for protein synthesis to the ribosomes.