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Q:

The economic survey of India is prepared by

A) Department of economic affairs B) Central statistical office (CSO)
C) National sample survey organization(NSSO) D) Office of Economic Advisor
 
Answer & Explanation Answer: A) Department of economic affairs

Explanation:

The Department of Economic Affairs, Finance Ministry of India presents the Economic Surveyin the parliament every year, just before the Union Budget. It is prepared under the guidance of theChief Economic Adviser, Finance Ministry. It is the ministry's view on the annual economic development of the country.

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Q:

Where was Asia Pacific Economic Cooperation (APEC) 2017 summit held?

A) Singapore B) Vietnam
C) Australia D) Japan
 
Answer & Explanation Answer: B) Vietnam

Explanation:

APEC 2017 summit was held in the city ‘Da Nang, Vietnam’ under the theme of ‘Creating New Dynamism, Fostering a Shared Future’. APEC is the forum of 21 pacific region countries, headquartered at Singapore, which promotes free trade in the Asia-pacific region.

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Q:

The maximum number of common tangents that can be drawn to two disjoint circles is

A) 1 B) 2
C) 4 D) Infinity many
 
Answer & Explanation Answer: C) 4

Explanation:
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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate B) Repo rate
C) Reserve repo rate D) Marginal Standing Facily
 
Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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Q:

If m+n=1, then the value of m3+n3+3mn is equal to

A) 0 B) 1
C) 2 D) 3
 
Answer & Explanation Answer: B) 1

Explanation:
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Q:

If a+1a=1, then the value of a2-a+1a2+a+1 is a0

A) 1 B) -1
C) 0 D) 2
 
Answer & Explanation Answer: C) 0

Explanation:
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Q:

When an account is declared as Inoperative & Dormant Accounts?

A) Only after 2 years from the date of the lasttransaction B) Only after 3 years from the date of the lasttransaction
C) Only after 1 years from the date of the lasttransaction D) Only after 10 years from the date of thelast transaction
 
Answer & Explanation Answer: A) Only after 2 years from the date of the lasttransaction

Explanation:

Schedule bank’s account can be treated as inoperative account only after 2 years from the date of the last credit entry of interest on Fixed Deposit account as per RBI guidelines.

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Q:

It takes eight hours for a 600 km journey, if 120 km is done by train and the rest by car. It takes 20 minutes more, if 200 km is done by train and the rest by car. The ratio of the speed of the train to that of the car is:

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

Explanation:
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