Q:

How many members are nominated in Rajya Sabha and Lok Sabha respectively by the President of India?

A) 2, 12	B) 12, 2
C) 10, 20	D) 20, 10

Answer & Explanation Answer: B) 12, 2

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1008

Q:

What is the reason for formation of Mirage in desert?

A) Refraction of light	B) Reflection of light
C) Total internal reflection of light	D) Both Refraction and Total internal reflection of light

Answer & Explanation Answer: D) Both Refraction and Total internal reflection of light

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Who has recently been appointed as the Chief of New Development Bank of BRICS country, has also served as the chairman of Infosys Ltd, and was non-Executive chairman of ICICI Bank in the past?

A) K.V. Kamath	B) Nandan Nilekani
C) Azim Premji	D) Chanda Kochhar

Answer & Explanation Answer: A) K.V. Kamath

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Capital deepening refers to

A) going for more fixed capital per worker	B) emphasis on social overhead capital
C) constant capital-output ratio	D) increasing capital-output ratio

Answer & Explanation Answer: A) going for more fixed capital per worker

Explanation:

Capital deepening is a situation where the capital per worker is increasing in the economy. This is also referred to as increase in the capital intensity. Capital deepening is often measured by the rate of change in capital stock per labour hour.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which answer figure will complete the pattern?

A) X	B) W
C) V	D) U

Answer & Explanation Answer: D) U

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases.	B) buy more of a good as the price of the good falls.
C) will spend all of their money on something.	D) want more of everything even if they have no money to buy anything.

Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

The demand for a normal good increases with ________ in the consumer's income.

A) increase	B) decrease
C) constant	D) double

Answer & Explanation Answer: A) increase

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax	B) Indirect tax
C) Straight tax	D) Advance tax

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