Questions

Q:

The Chairman of the National Disaster Management Authority (NDMA) is

A) National Security Advisor B) Prime Minister of India
C) Chief of DRDO D) Home Minister of India
 
Answer & Explanation Answer: B) Prime Minister of India

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

With which country India has signed an agreement to renew the supply of Petroleum for a period of 5 years (i.e. till 2022)?

A) Nepal B) U.A.E.
C) Iran D) Bhutan
 
Answer & Explanation Answer: A) Nepal

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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.


Democracy should _____ dignity of the individual. It should also aim at the _____ good of the greatest _____. The opposition party should _____ the wrong plans,
policies and decisions of the government in power. The government should cater to the _____ needs of the people to make its position solid.


The government should cater to the _____ needs of the people to make its position solid.

A) genuine B) mere
C) emotional D)  luxurious
 
Answer & Explanation Answer: A) genuine

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following has pH value 7?

A) Pure Water B) H2SO4
C) Sodium Carbonate D) HCl
 
Answer & Explanation Answer: A) Pure Water

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The Chemical formula of Acetic acid is _____.

A) CH3COH B) CH3COOH
C) CH3COCH3 D) CH2COOH
 
Answer & Explanation Answer: D) CH2COOH

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Filed Under: Chemistry
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Q:

When was Consumer Protection Act (COPRA) passed?

A) 1984 B) 1980
C) 1986 D) 1995
 
Answer & Explanation Answer: C) 1986

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Filed Under: Indian Economy
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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Q:

If goods A and Z are complements, an increase in the price of good Z will _____.

A) increase demand for good A B) decrease demand for good A
C) decrease demand for good Z D) increase demand for good Z
 
Answer & Explanation Answer: B) decrease demand for good A

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Filed Under: Indian Economy
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Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
An __________ is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch ____________, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. In economic theory, an ____________ may refer to any mechanism or set of trading rules for exchange.

A) Assets B) Auction
C) Autarky D) Arbitrage
 
Answer & Explanation Answer: B) Auction

Explanation:

‘Assets’ mean things that have earning power or some other value to their owner. ‘Auction’ means a public sale in which goods or property are sold to the highest bidder. ‘Autarky’ refers to the idea that a country should be self-sufficient and not take part in international trade. ‘Arbitrage’ means the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. ‘Amortisation’ means the running down or payment of a loan by instalments. The given passage includes the presence of an ‘auctioneer’ who is defined as a person who conducts auctions by accepting bids and declaring goods sold. Thus, option 2 is the correct fit for all three blanks.

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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

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