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Q:

Who among the following is the Chairman of the Fourteenth Finance Commission?

A) C. Rangarajan   B) Vijay Kelkar
C) Y. V. Reddy D) Rakesh Mohan
 
Answer & Explanation Answer: C) Y. V. Reddy

Explanation:

The 14th Finance Commission was constituted in January 2014. Commissions chairman was former RBI governor Y V Reddy and its members were Sushma Nath, M. Govinda Rao, Abhijit Sen, Sudipto Mundle.

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Consider the given statement/s to be true and decide which of the given conclusions/assumptions can definitely be drawn from the given statement.
Statement: To achieve economic development, people should work hard.
Conclusions: I: Economic development is directly related to people's hardwork.
II: Working hard by all the people is impossible

A) Only I follows B) Only II follows
C) Both I and II follow D) Neither I nor II follows
 
Answer & Explanation Answer: A) Only I follows

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

Q:

Rita travelled 35 Km from a point towards South and then turned left and travelled 20 Km and finally turned left again and travelled 35 Km. In which direction is she from the starting point?

A) East B) West
C) North D) South
 
Answer & Explanation Answer: A) East

Explanation:
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Filed Under: Direction Sense Test
Exam Prep: Bank Exams

Q:

Select the missing number from the given responses:

A) 6 B) 9
C) 5 D) 4
 
Answer & Explanation Answer: C) 5

Explanation:
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Filed Under: Number Series
Exam Prep: Bank Exams

Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word:
PRONOUNCEMENT

A) MOUNT B) CEMENT
C) PAVEMENT D) NOUN
 
Answer & Explanation Answer: C) PAVEMENT

Explanation:
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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

Q:

Arrange the following words as per order in the dictionary.

1. Fraudulent 2. Fraught 3. Fraternity 4. Franchise 5. Frantic

A) 5,4,1,2,3 B) 4,5,3,1,2
C) 4,3,5,1,2 D) 3,4,5,2,1
 
Answer & Explanation Answer: B) 4,5,3,1,2

Explanation:
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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

Q:

Which of the following is/ are credit rating agency/agencies in India?

 

A) CRISIL B) CARE
C) ICRA D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Some of the Top Credit Rating Agencies in India are:

1.Credit Rating Information Services of India Limited (CRISIL)

2.ICRA Limited

3.Credit Analysis &Research limited (CARE)

4.Brickwork Ratings (BWR)

5.India Rating and Research Pvt. Ltd.

6.Small and Medium Enterprises Rating Agency of India (SMERA)

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Which one of the following statements is correct with respect to the composition of national income in India?

A) The share of manufacturing sector has declined B) The share of services sector has increased sharply.
C) The share of agriculture has remained static. D) The share of services sector has declined.
 
Answer & Explanation Answer: B) The share of services sector has increased sharply.

Explanation:

The growth scenario in India shows that the services sector has become the most dominant in the later part of its growth process. The share of services sector in GDP increased from 28.5 per cent in 1950-51 to 39.6 per cent in 1990-91 and then to 52.6 per cent in 2014-15 while the share of primary sector declined from 56.4 per cent in 1950-51 to 33.4 per cent in 1990-91 and then to only 19.0 per cent in 2014-15.

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Filed Under: General Awareness
Exam Prep: Bank Exams