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Q:

Government has announced to fix MSP at a level of at least ________________ per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19.

A) 50 per cent	B) 250 per cent
C) 200 per cent	D) 100 per cent

Answer & Explanation Answer:

Explanation:

Government has announced its historic decision on 04.07.2018 to fix MSP at a level of at least 150 per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19.The MSPs fixed by Government, cost and returns over all-India weighted average cost of production of crops for 2017-18 and 2018-19 is at Annexure.Cost of production varies in different states on account of difference in levels of irrigation, resource endowment, farm mechanization, land holding size, yield of crops etc.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

Q:

Which of the following organisation has approved a $25-30 billion commitment plan for India for the 2019-22 period?

A) United Nations	B) World Bank
C) UNCTAD	D) New Development Bank

Answer & Explanation Answer: B) World Bank

Explanation:

The World Bank Group (WBG) has approved a $25-30 billion commitment plan for India for the 201922 period. The new Country Partnership Framework (CPF), endorsed by the WBG board of executive directors focuses on the development priorities of the country - resource efficient and inclusive growth, job creation and building its human capital. The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

Q:

There is a square field of area ‘X’ square meters. A cylindrical ditch of radius 7 meters and depth 2 meters is dug, and the earth is taken out and spread over the remaining part of the square field, the height of square field which goes up by 0.77 meters. What is the value of ‘X’ ?

A) 548 sq. m	B) 524 sq. m
C) 518 sq. m	D) 554 sq. m

Answer & Explanation Answer: D) 554 sq. m

Explanation:

Volume of the cylindrical ditch = πrxrh = 22/7 ×7×7×2 = 308 sq.m

Area of remaining field = (X −πrxr) sq.m

= (X − 154)

ATQ –

(X – 154) ×0.77 = 308

(X – 154) = 400

X= 554 sq.m

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Filed Under: Area
Exam Prep: AIEEE , Bank Exams

Q:

Train A can cross a man in 8 sec and a 180 m long platform ‘P’ in 17 sec. If train A cross train B which is running in opposite direction at speed of 108 km/hr in 8 sec, then find time taken by train B to cross platform P?

A) 16 sec	B) 11 sec
C) 14 sec	D) 12 sec

Answer & Explanation Answer: C) 14 sec

Explanation:

Let length of train A be ‘L’ m and speed be ‘V’ m/s

ATQ –

V =

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Filed Under: Problems on Trains
Exam Prep: AIEEE , Bank Exams , CAT

Q:

‘X’ is a bread seller who marked up price of each bread packet by 150% above and allow discounts of 40% and made a profit of Rs. 30 on each bread packet. If ‘X’ allows 37.5% discount on each packet, then find how much profit he gets on selling 80 bread packets?

A) Rs 2750	B) Rs 3200
C) Rs 2500	D) Rs 2700

Answer & Explanation Answer: D) Rs 2700

Explanation:

Let cost price of each bread packet = a Rs.

So, marked price of each bread packet = 2.5a

And selling price of each bread packet = 2.5a × 60/100 = 1.5a

Given, 1.5a –

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT

Q:

Sharmi starts from Pune and Ritesh starts from Mumbai to meet each other. The Speed of Sharmi is 37 kmph, while the speed of Ritesh is 41 kmph. If the distance between Pune and Mumbai be 234 km and both Sharmi and Ritesh start their journey at the same time, when they will meet?

A) 1 hour later	B) 1.5 hour later
C) 2 hour later	D) 2.5 hour later

Answer & Explanation Answer:

Explanation:

234 = (37+41)*t

t =3

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Filed Under: Time and Distance
Exam Prep: Bank Exams

Q:

A cistern has one inlet, L and one inlet, M. L takes 5 hours to fill the empty tank, when M is not open and M takes 8 hours to empty the full tank, if the tank is two fifth full, how much time will it take to fill the tank completely when both L and M are opened simultaneously? (in hours)

A) 5 hours	B) 3 hours
C) 6 hours	D) 8 hours

Answer & Explanation Answer: D) 8 hours

Explanation:

If the tank is 2/5th full, then remaining empty tank will be = 1-2/5=3/5th

L and M can fill the empty tank in = (5*8)/(8-5)=40/3 hours

Then 3/5 th tank fill in =40/3 * 3/5= 8 hours

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Filed Under: Pipes and Cistern
Exam Prep: Bank Exams

Q:

The average age of Hari, his wife and their two children is 23 years. His wife is just 4 years younger than Hari and his wife was 20 years old when their daughter was born. He was 28 years old when their son was born. What is the sum of the age of Hari and his daughter is?

A) 53 years	B) 55 years
C) 56 years	D) 50 years

Answer & Explanation Answer: D) 50 years

Explanation:

H+W+S+D/4 = 23

H= W+4

D =W-20 = H-24

S = H-28

H+H-4+H-24+H-28/4 = 23

H =37 D =13

H + D = 50

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Filed Under: Problems on Ages
Exam Prep: Bank Exams

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