Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party	B) Andhra Pride Party
C) Telugu Desam Party	D) Praja Rajyam Party

Answer & Explanation Answer: D) Praja Rajyam Party

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The number of parliamentary seats (Lok Sabha) of Andhra Pradesh is _______.

A) 2	B) 13
C) 19	D) 25

Answer & Explanation Answer: D) 25

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT

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Q:

What is the role of "Ombudsman" in a bank?

A) To provide quality and speedy redressal of grievances of customers.	B) To provide suggestions for innovative schemes in the banks.
C) To inspect the internal working of the branches.	D) To monitor the poverty alleviation programmes

Answer & Explanation Answer: A) To provide quality and speedy redressal of grievances of customers.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities	B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities	D) current liabilities and long-term liabilities

Answer & Explanation Answer: D) current liabilities and long-term liabilities

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Exam Prep: Bank Exams

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50	B) Rs 850
C) Rs 800	D) Rs 100

Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

"Residex Index" is associated with which of these?

A) Share Prices	B) Mutual Fund Prices
C) Price Inflation Index	D) Housing Prices

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