Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good	B) Giffin good
C) Inferior good	D) Normal good

Answer & Explanation Answer: A) Superior good

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country	B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves	D) Rate at which banks lend to money lenders

Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax	B) Entertainment tax
C) Income tax	D) Gift tax

Answer & Explanation Answer: B) Entertainment tax

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50%	B) 4.20%
C) 3.00%	D) 2.50%

Answer & Explanation Answer: A) 3.50%

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Q:

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

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

Answer & Explanation Answer: B) decrease

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Q:

Which of the following is a nitrogen-fixing bacteria?

A) Salmonella	B) Rhizobium
C) E.coli	D) Pseudomonas

Answer & Explanation Answer: B) Rhizobium

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Filed Under: Biology
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Q:

What is the name of the point at which the chromatids are attached in a chromosome?

A) Centrosome	B) Centromere
C) Nucleosome	D) Gene

Answer & Explanation Answer: B) Centromere

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The instrument used to examine a person's digestive tract is called ___.

A) Oscilloscope	B) Microscope
C) Endoscope	D) Radiograph

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