Questions

Q:

What is the minimum paid-up equity capital for small finance banks?

A) Rs 10 crore  B) Rs 500 crore 
C) Rs 100 crore  D) Rs 200 crore 
 
Answer & Explanation Answer: C) Rs 100 crore 

Explanation:

The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore. 

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Q:

Which play of Shakespeare's was recently claimed to be dated wrongly?

A) Macbeth B) Othello
C) Hamlet D) Romeo Julliet
 
Answer & Explanation Answer: C) Hamlet

Explanation:
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Q:

To make child labour free society, PENCIL portal was launched in September 2017 in India. What does ‘P’ stand for in ‘PENCIL’?

A) Partnership B) Platform
C) Podium D) People
 
Answer & Explanation Answer: B) Platform

Explanation:
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Q:

Ilmenite is an ore/mineral of _________.

A) Titanium B) Copper
C) Lead D) Manganese
 
Answer & Explanation Answer: A) Titanium

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

A brain and nervous system that are poorly developed or insufficiently nourished means low grade of ______________ in our mental processes, just as a poorly constructed or wrongly adjusted motor means loss of power in applying the electric current to its work. We will, __________, look upon the mind and the brain as counterparts of ___________ other, each performing activities which correspond to activities in the other, ________ inextricably bound together at least so far as this life is concerned, and each getting its _______________ by its union with the other. This view will lend interest to a brief study of the brain and nervous system.

 

nourished means low grade of ______________ in our mental processes

 

A) efficiently B) efficiencies
C) efficiency D) efficient
 
Answer & Explanation Answer: C) efficiency

Explanation:
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

Without education we are ______ and our lives are useless without any meaning attached to it.

 

A) someone B) uncomplete
C) complete D) incomplete
 
Answer & Explanation Answer: D) incomplete

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.


New kid on the block

 

A) A person who is acting smart to impress others     B) Be inexperienced in company of veteran  
C) To block the path of success of outsiders.   D) Newcomer to a particular place or sphere of activity  
 
Answer & Explanation Answer: D) Newcomer to a particular place or sphere of activity  

Explanation:
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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 

Price-fixing is a phenomenon that is normal in -

A) agricultural societies B) industrialized societies
C) pre-industrial societies D) globalised societies
 
Answer & Explanation Answer: B) industrialized societies

Explanation:
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