Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting	B) Zerobased budgeting
C) Performancebased budgeting	D) Surplus budgeting

Answer & Explanation Answer: A) Deficit budgeting

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Economic reasoning is based on the premise that

A) only economic decisions or actions have a cost associated with them	B) all decisions and actions have a cost associated with them
C) all decisions or actions are costless because costs shared among decision-makers	D) only decisions or actions that involve money have a cost associated with them

Answer & Explanation Answer: B) all decisions and actions have a cost associated with them

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the action of dry HCl gas on dry litmus paper?

A) Blue litmus paper turns white	B) Blue or red litmus paper does not change its colour
C) Blue litmus paper turns red	D) Red litmus paper turns blue

Answer & Explanation Answer: B) Blue or red litmus paper does not change its colour

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which one of the following issues was included in the Indo-US Nuclear Agreement of 2007?

A) India has 'advance right to reprocess' US-origin safeguarded spent fuel.	B) India did not have the right to build a strategic fuel reserve with the help of the other supplier countries
C) India should not test a nuclear device	D) The US will impede with the growth of India's nuclear weapons programme.

Answer & Explanation Answer: C) India should not test a nuclear device

Explanation:

The deal would indirectly bring India under purview of NSG and US laws that would not allow India to conduct nuclear test in the future. The issue of nuclear test was later clarified as the moratorium on nuclear test was unilateral and voluntary and there was no pressure on India from outside.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

BREXIT refers to the Great Britain leaving which one of the following?

A) International Monetary Fund	B) Common wealth
C) World Trade Organization	D) European Union

Answer & Explanation Answer: D) European Union

Explanation:

Brexit is the withdrawal of the United Kingdom from the European Union. In a referendum on 23 June 2016, 51.9% of the participating UK electorate voted to leave the EU, out of a turnout of 72.2%.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which state topped the Urban Governance Index (UGI) - 2020?

A) Odisha	B) Chhattisgarh
C) Kerala	D) Tamil Nadu

Answer & Explanation Answer: A) Odisha

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Article 44 of the Indian Constitution "Uniform civil code for the citizens" deals with _____.

A) the directive principles of state policy	B) the Union Government
C) the State Government	D) the fundamental rights of the Indian Citizen

Answer & Explanation Answer: A) the directive principles of state policy

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which one of the following cities, is included in the first list of 20 proposed smart cities under the 'Smart Cities Mission' released by the Union Government in January 2016?

A) Guwahati	B) Mumbai
C) Vadodara	D) Kolkata

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