Questions

Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram B) Nagaland
C) Meghalaya D) Arunachal Pradesh
 
Answer & Explanation Answer: A) Mizoram

Explanation:

                     Scheduled Tribes 

State with highest proportion of Scheduled Tribes               Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes                 Goa (0.04 %)

UT with highest proportion of Scheduled Tribes                   Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes                     A & N Islands (8.3 %)

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the modern periodic table, which of the two periods contain 8 elements each?

A) 4 and 5 B) 3 and 4
C) 1 and 2 D) 2 and 3
 
Answer & Explanation Answer: D) 2 and 3

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

Explanation:
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Filed Under: Indian Economy

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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product D) when there are two buyers and two sellers of a product
 
Answer & Explanation Answer: C) when there is only one buyer and one seller of a product

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

The job for drawing water (A) / from the village well is usually (B) / carried out by the women and young girls. (C) / No Error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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