Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist.	B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole.	D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who is the winner of the third Indian Council for cultural Relations (ICCR) distinguished indologist award – 2017

A) Hiroshi Marui	B) Owen King
C) Larry Sloman	D) Peggy Whitson

Answer & Explanation Answer: A) Hiroshi Marui

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who is called as 'Bismarck of India'?

A) Jawaharlal Nehru	B) Vallabhai Patel
C) Sarojini Naidu	D) Lokamanya Tilak

Answer & Explanation Answer: B) Vallabhai Patel

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Which Indian author in May 2016 won the prestigious 2016 Scholastic Asian Book Award for her work 'Codex : The Lost Treasure of the Indus' ?

A) Anita Desai	B) Aditi Krishna Kumar
C) Rupa Iyer	D) Preethi Nair

Answer & Explanation Answer: B) Aditi Krishna Kumar

Explanation:

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: B) Production function

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores	B) Rs 43.5 crores
C) Rs 76.5 crores	D) Rs 78.5 crores

Answer & Explanation Answer: D) Rs 78.5 crores

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100	B) 62.5
C) 167	D) 250

Answer & Explanation Answer: D) 250

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Chandrabhaga beach is located in which state?

A) Odisha	B) Kerala
C) Chennai	D) Gujarat

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