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:

WIMAX stands for

A) Wireless Interoperability for Microwave Access	B) Wired Interoperability for Microwave Access
C) Worldwide Interoperability for Microwave Access	D) Worldwide Infrastructure for Microwave Access

Answer & Explanation Answer: B) Wired Interoperability for Microwave Access

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Indirect/Direct speech.
“Bring me my spectacles,” said grandfather to me.

A) Grandfather ordered me and brought him his spectacles.	B) Grandfather ordered me to have brought to him his spectacles.
C) Grandfather ordered me to bring him his spectacles.	D) Grandfather ordered myself to bring his spectacles to where he was.

Answer & Explanation Answer: C) Grandfather ordered me to bring him his spectacles.

Explanation:

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Filed Under: English

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Q:

Economic sanctions are mainly used to

A) to help international trade run smoothly.	B) punish nations that disobey international law
C) to impose tariffs on vehicles at the border	D) all the above

Answer & Explanation Answer: B) punish nations that disobey international law

Explanation:

A sanction is a punishment imposed on another nation, or on individual natives of another nation.

Economic sanctions are characterized as the withdrawal of standard exchange and money related relations for outside and security strategy purposes. They might be extensive, denying business movement as to a whole nation,...

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Birth rate in a country is defined as

A) Number of births per 100 in 1 year	B) Number of births per 1000 in 1 year
C) Number of births per km of area in 1 year	D) Number of births per 100 km of area in 1 year

Answer & Explanation Answer: B) Number of births per 1000 in 1 year

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is _____.

A) Cyclical unemployment	B) Frictional unemployment
C) Seasonal unemployment	D) Structural unemployment

Answer & Explanation Answer: C) Seasonal unemployment

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for an electric tooth brush is D = 25000 - 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150	B) Rs 1000
C) Rs 400	D) Rs 50

Answer & Explanation Answer: B) Rs 1000

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

on this earth. Everyman tends to define a happy life in a _____ individualistic fashion.

A) distinctly	B) identically
C) similar	D) serious

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