Questions

Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

Explanation:
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Filed Under: Indian Economy

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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Be deprived of property or a right or privilege as a penalty for wrongdoing

 

A) Forfeited   B) Endow  
C) Render   D) Assign
 
Answer & Explanation Answer: A) Forfeited  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in
Passive/Active Voice.


They selected the red car.

 

A) The red car is select. B)  The red car is chosen by them.
C) The red car by them is selected. D)  The red car was selected by them.
 
Answer & Explanation Answer: D)  The red car was selected by them.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 


People are now either exposed to the very best of their inner circle and the world, ________ to the worst — articles that look to shock, to provoke rage and put a lens on everything that is wrong _________ the world. Imperceptibly, it goes unsaid that often __________ pieces of ‘news’ fail to actually provide a constructive solution. The effect of such a disparity _________ to the same effect as news of TV and newspapers — a feeling that what we see does not ____________ our lives.

 

and the world, ________ to the worst

 

A) nor   B)  or  
C)  and   D)  but  
 
Answer & Explanation Answer: B)  or  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who among the following has scored 2 triple hundreds in test matches?

A) Ricky Ponting B) Jacques Kallis
C) Sachin Tendulkar D) Brian Lara
 
Answer & Explanation Answer: D) Brian Lara

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Who is the Founder of International Premier Tennis League?

A) Leander Paes B) Roger Federer
C) Martina Navratilova D) Mahesh Bhupathi
 
Answer & Explanation Answer: D) Mahesh Bhupathi

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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