Questions

Q:

On 29 September 2017, SEBI allowed Sovereign wealth fund and other long term Foreign Portfolio Investors (FPIs) to buy corporate debt up to ______ in infrastructure sector.

 

A) Rs 9500 crore B) Rs 5000 crore
C) Rs 15,000 crore D) Rs 20,000 crore
 
Answer & Explanation Answer: A) Rs 9500 crore

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The President of India appoints how many Chief Election Commissioner(s)?

A) One B) Two
C) Three D) Four
 
Answer & Explanation Answer: A) One

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Filed Under: Indian Politics
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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory? 

 

A) Prime Minister   B) President
C) Vice President D) Finance Minister
 
Answer & Explanation Answer: B) President

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Filed Under: Indian Economy
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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Filed Under: Indian Economy
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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

In 1528, __________ defeated the Rajputs at Chanderi.

A) Humayun B) Akbar
C) Jahangir D) Babur
 
Answer & Explanation Answer: D) Babur

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Filed Under: Indian History
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Q:

Ramesh starts his journey by walking 2 kilometres towards North. Then he takes a right turn and walks 1 kilometre. Again takes a right turn and walks 2 kilometre. Now which direction is he facing?

A) East B) West
C) South D) North
 
Answer & Explanation Answer: C) South

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