Questions

Q:

Who wrote the book, 'Indian Home Rule'?

A) M K Gandhi B) Jawaharlal Nehru
C) Subhash Chandra Bose D) Babasaheb Ambedkar
 
Answer & Explanation Answer: A) M K Gandhi

Explanation:
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Filed Under: Books and Authors
Exam Prep: Bank Exams

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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:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following CANNOT be called a Debt instrument as referred in financial transactions?

A) Certificate of Deposits B) Bonds
C) Stocks D) Commercial Papers
 
Answer & Explanation Answer: C) Stocks

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive D) When total utility is maximum,marginal and average utility are equal to each other.
 
Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

Explanation:
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Filed Under: Indian Economy
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If asentence is free from error, select 'No Error'.

1. A Creole language is a

2. stable natural language develop from

3. a mixture of different languages

4. No error

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

Explanation:
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Filed Under: English

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Q:

Around how much percent of earth's surface is covered with water?

A) 20-25% B) 40-50%
C) 70-80% D) 55-60%
 
Answer & Explanation Answer: C) 70-80%

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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