Q:

In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was

A) 7.50%	B) 4.50%
C) 4%	D) 0.25%

Answer & Explanation Answer: B) 4.50%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following statements is correct about the President of India ?

A) Addresses first session of Parliament after each General Election.	B) Addresses first session of Parliament at the beginning of each year
C) Addresses every session of Parliament	D) Never addresses Parliament

Answer & Explanation Answer: A) Addresses first session of Parliament after each General Election.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What will be the resistance of a wire across which, when 2V potential difference is applied, 1A current flows through the wire?

A) 2 ohms	B) 0.02 ohms
C) 0.5 ohms	D) 20 ohms

Answer & Explanation Answer: A) 2 ohms

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In which year did Ole Romer measure the speed of light for the first time in the history?

A) 1776	B) 1676
C) 1876	D) 1867

Answer & Explanation Answer: B) 1676

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which is the brightest star in our night sky?

A) Canopus	B) Sirius A
C) Vega	D) Spica

Answer & Explanation Answer: B) Sirius A

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

An archaeological site named Pompeii, is located in which country?

A) Germany	B) Italy
C) France	D) Greece

Answer & Explanation Answer: B) Italy

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied	B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity	D) elasticity of demand equals elasticity of supply

Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following elements has the lowest atomic mass?

A) Lithium	B) Nitrogen
C) Hydrogen	D) Helium

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