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Q:

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books ?

A) 600 B) 1200
C) 1800 D) none of these
 
Answer & Explanation Answer: C) 1800

Explanation:

Least Cost Price = Rs. (200 * 8) = Rs. 1600.

Greatest Selling Price = Rs. (425 * 8) = Rs. 3400.

Required profit = Rs. (3400 - 1600) = Rs. 1800.

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Filed Under: Profit and Loss

Q:

If the true discount on a certain sum due 6 months hence at 15% is Rs 120.What is the bankers discount on the same for same time and the same rate.

A) Rs.109 B) Rs.119
C) Rs.129 D) Rs.139
 
Answer & Explanation Answer: C) Rs.129

Explanation:

B.G = S.I On T.D

      = Rs. (120 * 15 * 1/2 * 1/100)

      = Rs.9

B.D - T.D = Rs.9

B.D = Rs.(120 +9) = Rs.129

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Filed Under: Banker's Discount

Q:

The Government of India recently decided to create a 'Specific Financing Window ' for its ' Mega Bharat Nirman Programme ' . This specific financing window will operate through

A) SIDBI B) NABARD
C) SBI D) None of these
 
Answer & Explanation Answer: B) NABARD

Explanation:
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Filed Under: Indian Economy

Q:

Which of the following is NOT one of the core areas identified under the Bharat Nirman Programme

A) Irrigation B) Rural Electrification
C) Rural Housing D) Computer Education in schools
 
Answer & Explanation Answer: D) Computer Education in schools

Explanation:
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Filed Under: Indian Economy

Q:

The brand name of 16 digit Unique identification number to be assigned to each individual in the country will be

A) Pehchan B) Maadhyam
C) Aadhar D) Aabhar
 
Answer & Explanation Answer: C) Aadhar

Explanation:
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Filed Under: Indian Politics

Q:

Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

A) 3.6 B) 6
C) 18 D) Cannot be determined
 
Answer & Explanation Answer: B) 6

Explanation:

Explanation:

 

Let rate = R% and time = R years.

 

Then, 1200*R*R100=432

 

12R2=432

 

=>R2=36R=6

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Filed Under: Compound Interest

Q:

The stupa site which is not connected with any incident of lord Buddha's life is

A) Sarnath B) Bodh Gaya
C) Sanchi D) Kushinagar
 
Answer & Explanation Answer: C) Sanchi

Explanation:
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Filed Under: Indian History

Q:

In which categories did Marie Curie win her two different Nobel Prizes

A) Physics and chemistry B) Chemistry and Medicine
C) Physics and Medicine D) Chemistry and Peace
 
Answer & Explanation Answer: A) Physics and chemistry

Explanation:
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Filed Under: Honours and Awards