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Q:

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers?

A) RBI B) The Labour Bureau
C) Commerce Department D) NITI Ayog
 
Answer & Explanation Answer: B) The Labour Bureau

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Filed Under: Indian Economy
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Q:

Insure payment of minimum wages for tea leave pickers

A) will improve quality of tea. B) will reduce unemployment of tea leave pickers.
C) decreases unemployment. D) will increase picking cost for all tea companies.
 
Answer & Explanation Answer: D) will increase picking cost for all tea companies.

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Filed Under: Indian Economy
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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Q:

One of four words is a class to which the other three belong. Identify the class.

A) Coal B) Lignite
C) Anthracite D) Peat
 
Answer & Explanation Answer: A) Coal

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Filed Under: General Science
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Q:

Ping-pong Diplomacy is related to which of the following countries?

A) Myanmar B) Japan
C) China D) Taiwan
 
Answer & Explanation Answer: C) China

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Filed Under: General Awareness
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Q:

What is the valency of magnesium?

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

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Filed Under: Chemistry
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Q:

Which of the following Prime Ministers was awarded Bharat Ratna?

A) V.P.Singh B) Morarji Desai
C) Charan Singh D) Manmohan Singh
 
Answer & Explanation Answer: B) Morarji Desai

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Filed Under: Honours and Awards
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Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry B) Reserve Bank of India
C) Treasury D) Currency Printing Presses
 
Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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