Questions

Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A grant for expenditure made by Lok Sabha for part of a financial year pending voting is called

A) Cut motion B) Appropriation
C) Prorogation D) Vote on account
 
Answer & Explanation Answer: D) Vote on account

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The World Health Organization (WHO) has collaborated with which company to distribute Covid vaccines under Covax alliance?

A) Roche B) Pfizer
C) Merck D) Johnson & Johnson
 
Answer & Explanation Answer: B) Pfizer

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A body of mass 6 kg accelerates from 6 m/s to 18 m/s in 3 seconds due to the application of a force on it. Calculate the magnitude of this force (in N).

 

A) 48 B) 60
C) 24 D) 96
 
Answer & Explanation Answer: C) 24

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Filed Under: Physics
Exam Prep: Bank Exams

1 999
Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

India-born Leo Varadkar became the Prime Minister of which of the following countries?

A) Sri Lanka B) Scotland
C) South Africa D) Ireland
 
Answer & Explanation Answer: D) Ireland

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Filed Under: Famous Personalities
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Q:

Which Indian freedom fighter unfurled the flag known as Saptarishi at Stuttgart in Germany in 1907?

A) Madam Cama B) Mahatma Gandhi
C) Dadabhai Naroji D) Lokmanya Tilak
 
Answer & Explanation Answer: A) Madam Cama

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Filed Under: Indian History
Exam Prep: Bank Exams

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