Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law	B) Grimm's law
C) Gresham's law	D) Keynes' law

Answer & Explanation Answer: C) Gresham's law

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent	B) 12.5 percent
C) 10 percent	D) 15 percent

Answer & Explanation Answer: B) 12.5 percent

Explanation:

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Filed Under: Indian Economy
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:

Which of the following organisms can reproduce by regeneration and budding?

A) Yeast	B) Plasmodium
C) Hydra	D) Planaria

Answer & Explanation Answer: C) Hydra

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which one of the following statements regarding freedom to manage religious affairs as per the Constitution of India is notcorrect?

A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities.	B) Every religion or any section thereof shall have the right to own and acquire movable and Immovable property.
C) Every religious community has the right to establish and maintain institutions for religious and charitable purpose.	D) Every community has the right to manage its own affairs in matters of religion.

Answer & Explanation Answer: A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities.

Explanation:

All are correct except A, as every religious denomination including minor communities shall have right to manage its own affairs.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

President of India can be removed from his office by

A) Prime Minister of India	B) Chief Justice of India
C) Parliament	D) Lok Sabha

Answer & Explanation Answer: C) Parliament

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. The proposed bill will be applicable in cases where the value of offences is over ______.

A) Rs 100 crores	B) Rs 50 crores
C) Rs 25 crores	D) Rs 200 crores

Answer & Explanation Answer: A) Rs 100 crores

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In which of the following countries militants killed more than 230 people attacking at a mosque on 24th November, 2017?

A) Pakistan	B) Afghanistan
C) Iran	D) Egypt

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