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Q:

What is the slowdown in the rate of increase of prices of goods & services in National GDP over time called?

A) Deflation B) Disinflation
C) Inflation D) Reflation
 
Answer & Explanation Answer: B) Disinflation

Explanation:

In the rate ofinflation, disinflation is a decrease –in a nation'sgross domestic productover time, a slowdown in the rate of increase of the generalprice levelof goods and services. It is the opposite ofreflation. When the increase in the “consumer price level” it occurs disinflation and slows down from the previous period when the prices were rising.

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Filed Under: Indian Economy

Q:

Which bank became the third bank by the Reserve Bank of India into Domestic Systemically Important Banks (D-SIBs) list?

A) ICICI Bank B) SBI
C) HDFC Bank D) Axis Bank
 
Answer & Explanation Answer: C) HDFC Bank

Explanation:

The Reserve Bank of India (RBI) has added HDFC Bank, the second largest private sector lender of country in list of Domestic Systemically Important Banks (D-SIBs). HDFC Bank is third bank in country to be added in list of D-SIBs after State Bank of India (SBI) and ICICI Bank which were added in 2016 and continue to be in that category.

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Filed Under: General Awareness

Q:

In the following question, some statements is followed by some conclusions, you have to take the given statements to be true even if they seem to be at variance with
commonly known facts and then decide which of the given logically follow. Choose that conclusion as the answer.

Statements:
Some roads are not good.
Some railways are good.
All airways are good.
Some roads are bad.

Conclusions:
I. At least some bad are good.
II. No bad is good.

A) Only conclusion I follow. B) Only conclusion II follow.
C) Either conclusion I or II follows. D) Neither conclusion I or II follows.
 
Answer & Explanation Answer: C) Either conclusion I or II follows.

Explanation:

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Q:

The following question consists of four statements followed by two conclusions. Consider the statements to be true even if they vary from commonly known facts and find out which of the conclusions logically follow(s).


Statements:
All papers are books.
All pencils are pens.
No paper is pencil.
No stationary is book.

Conclusions:
I. Some papers are stationary is a possibility.
II. Some pens are books as well as papers.

A) Only conclusion I follow. B) Only conclusion II follow.
C) Either conclusion I or II follows. D) Neither conclusion I or II follows.
 
Answer & Explanation Answer: D) Neither conclusion I or II follows.

Explanation:

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Q:

In the question below are given three statements followed by two conclusions which are numbered as I, and II. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follows from the given statements, disregarding commonly known facts.


Statements:
Some pages are papers.
No page is a book.
All books are pencils.

Conclusions:
I. All books can never be papers.
II. All pencils are papers is a possibility.

A) Only conclusion I follows B) Only conclusion II follows
C) Either conclusion I or conclusion II follows D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: B) Only conclusion II follows

Explanation:

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Q:

The question below has three statements followed by two conclusions numbered I and II. You have to take the three given statements to be true even if they seem to be at variance with commonly known facts and then decide which of the given conclusions logically follows from the given statements disregarding commonly known facts.


Statements:
Some rings are bracelets.
All bracelets are earrings.
All earrings are necklaces.

Conclusions:
I. All those bracelets which are earrings can never be a ring is a possibility.
II. There is a possibility that all rings are necklaces.

A) Only conclusion I follow. B) Only conclusion II follows.
C) Only conclusion Either I or II follows. D) Only conclusion Neither I nor II follows.
 
Answer & Explanation Answer: B) Only conclusion II follows.

Explanation:
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Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.


Statement:
(I) If we are lucky then things automatically fall in place.
(II) Luck follows only when we work hard.


Conclusions:
(I) Hard work is the key to success.
(II) If you don’t work hard, luck will not follow you.

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

Explanation:
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Q:

Japan is called the 'Land of the rising sun' because

A) Sun rises there as soon as it sets B) Sun always remains in the eastern part of the sky throughout the day in Japan
C) Japan being the Eastern most country in the world, it has  earliest sunrise D) The rays of the sun get reflected from the waters of the sea and make the sunrise beautiful in Japan
 
Answer & Explanation Answer: C) Japan being the Eastern most country in the world, it has  earliest sunrise

Explanation:
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Filed Under: General Awareness