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Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan B) Bangladesh
C) India D) China
 
Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Filed Under: General Awareness

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Q:

Which   one   of   the   following   statements relating  to  protection  against arrest  and detention  of  individuals  under  Article  22  is not correct?

A) No  person  who  is  arrested  shall  be detained   in   custody   without   being informed   of   the   grounds   for   such arrest. B) No  person  shall  be  denied  the  right  to consult,  and  be  defended  by,  a  legal practitioner of his/her choice.
C) Every   person   who   is   arrested   and detained  in  custody  shall  be  produced before  the  nearest  magistrate  within  a period of one week of suc D) The  right  to  protection  against  is  not available to a person in jail pursuant to a judicial order.
 
Answer & Explanation Answer: C) Every   person   who   is   arrested   and detained  in  custody  shall  be  produced before  the  nearest  magistrate  within  a period of one week of suc

Explanation:

Every  person  who  is  arrested  and detained    in    custody    shall    be produced    before    the    nearest magistrate   within   a   period   of twenty-four  hours  of  such  arrest excluding  the  time  necessary  for the   journey   from   the   place   of arrest    to    the    court    of    the magistrate   and   no   such   person shall    be    detained    in    custody beyond the said period without the authority of a magistrate.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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

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Q:

How many bio-geographical zones are there in India?

A) 2 B) 4
C) 6 D) 10
 
Answer & Explanation Answer: D) 10

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

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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 a sentence is free from error, select 'No error'.
I was shocked to hear (1)/ that her husband (2)/ died of an accident. (3)/ No Error (4)

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Sphalerite is an ore/mineral of

A) Mercury B) Molybdenum
C) Silver D) Zinc
 
Answer & Explanation Answer: D) Zinc

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. If the sentence is correct as it is mark 'no error' as the answer.Jaitely announced a waivered of the service charge (a)/ on e-tickets and spoke about a number of steps (b)/ to improve passenger amenities (c)/ such as a ‘coach mitra’ facility. (d)/ No error (e).

A) Jaitely announced a waivered of the service charge B) on e-tickets and spoke about a number of steps
C) to improve passenger amenities D) such as a ‘coach mitra’ facility
 
Answer & Explanation Answer: A) Jaitely announced a waivered of the service charge

Explanation:

'waiver' should be used to make the sentence correct.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The 7.6% growth rate registered by Indian economy during the year 2015-16 is based on 

A) Gross   National   Product   at   market prices B) Gross Value Added at constant prices
C) Gross   Domestic   Product   at   market prices D) Gross  Domestic  Product  at  constant prices
 
Answer & Explanation Answer: D) Gross  Domestic  Product  at  constant prices

Explanation:

The Central Statistics Office (CSO), Ministry of Statistics and Programme   Implementation,   has released  the  provisional  estimates of national income for the financial year 2015-16 and quarterly estimates    of    Gross    Domestic Product    (GDP)    for    the    fourth quarter  (January-March)  of  2015-16,   both   at   constant   (2011-12) and current prices.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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