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Q:

The World Economic Outlook (WEO) is a survey conducted and published by- 

A) WTO B) World Bank
C) UNCTAD D) New Development Bank 
 
Answer & Explanation Answer:

Explanation:

 The World Economic Outlook (WEO) is a survey conducted and published by the International Monetary Fund. It is published biannually and partly updated two times a year. It portrays the world economy in the near and medium context, with projections for up to four years into the future. 

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Filed Under: General Awareness
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Q:

 Which organisation is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottomup approach? 

A) RBI B) IRDAI
C) NITI Aayog  D) Planning Commission 
 
Answer & Explanation Answer: C) NITI Aayog 

Explanation:

The NITI Aayog (Hindi for Policy Commission), also National Institution for Transforming India, is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.

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Filed Under: World Organisations
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Q:

 Who are the winners of this year's Ramon Magsaysay Award 2018 from India, regarded as the Asian version of the Nobel Prize? 

A)  Bharat Vatwani and Sonam Wangchuk  B)  Kailash Satyarthi and Arvind Kejriwal 
C) Bhuwan Ribhu and Asmita Satyarthi  D)  Nadia Murad and Juan Manuel Santos 
 
Answer & Explanation Answer: A)  Bharat Vatwani and Sonam Wangchuk 

Explanation:

Two Indians Bharat Vatwani and Sonam Wangchuk are among the winners of this year’s Ramon Magsaysay Award 2018, regarded as the Asian version of the Nobel Prize.

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Filed Under: Honours and Awards
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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
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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
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Q:

A man invested an amount at the rate of 10% p.a. on compound interest and after two years he again invested half of the initial amount. If man got Rs. 457.2 Rs. as interest after three years, find the amount received by man after three years, if he invested same amount on simple interest at rate of 15% p.a.? 

A)  1740 Rs.  B)  1760 Rs. 
C)  1720 Rs.  D)  1780 Rs. 
 
Answer & Explanation Answer: A)  1740 Rs. 

Explanation:

Let man invested Rs. A And, after two years amount invested = (A +

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Filed Under: Simple Interest
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Q:

 A and B entered in a business by making investment of Rs. 4000 & Rs. 5500 respectively. After six months A & B withdrew Rs. 1000 and Rs. 1500 respectively and C joined them with capital of Rs. 4x. If after one year and three months C received Rs. 2250 as profit share out of total profit of Rs. 12250, then find investment of C? 

A)  Rs. 3600  B)  Rs. 3200 
C)  Rs. 4400  D)  Rs. 3000 
 
Answer & Explanation Answer: D)  Rs. 3000 

Explanation:

 Investment ratio of A, B & C = (4000 ×6+3000×9):(5500 ×6+4000×9):4

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Filed Under: Partnership
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