Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply	B) Demand
C) Price	D) Stock Market

Answer & Explanation Answer: C) Price

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50	B) Rs 850
C) Rs 800	D) Rs 100

Answer & Explanation Answer: B) Rs 850

Explanation:

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Filed Under: Indian Economy
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Q:

The pH of a solution, whose hydrogen ion concentration is 1 x 10 mole per litre, will be ____.

A) 7	B) 5
C) 4	D) 6

Answer & Explanation Answer: B) 5

Explanation:

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Filed Under: Chemistry
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Q:

Which country, on 25 October 2017 announced that it would be introduced a minimum wage for workers?

A) Bahrain	B) Kuwait
C) Oman	D) Qatar

Answer & Explanation Answer: A) Bahrain

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India	B) IDBI Bank
C) United Bank of India	D) Indian Bank

Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Q:

As of February 2018, who is the Chief Minister of Telangana, who is also the Chief Minister of Telangana?

A) K Chandrasekhar Rao	B) Kadiyam Srihari
C) T Rajaiah	D) Chandrababu Naidu

Answer & Explanation Answer: A) K Chandrasekhar Rao

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following is a CORRECT statement?

A) Only compounds are pure substance	B) Compounds are impure substance
C) Only elements are pure substance	D) Both compounds and elements are pure substance

Answer & Explanation Answer: D) Both compounds and elements are pure substance

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is called Aurum?

A) Bronze	B) Gold
C) Silver	D) Copper

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