Questions

Q:

The Limitation Law, which passed by the British in 1859, addressed which one of the following issues?

A) Loan bonds would not have any legal validity B) Loan bonds signed between money lender and Ryots would have validity only for three years
C) Loan bonds could not be executed by money lenders D) Loan bonds would have validity for ten years
 
Answer & Explanation Answer: B) Loan bonds signed between money lender and Ryots would have validity only for three years

Explanation:

The ryots came to see the moneylender as devious and deceitful. They complained of moneylenders manipulating laws and forging accounts. In 1859 the British passed a Limitation Law that stated that the loan bonds signed between moneylenders and ryots would have validity for only three years. This law was meant to check the accumulation of interest over time. The moneylender, however, turned the law around, forcing the ryot to sign a new bond every three years.

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Lowest temperature is recorded in

A) USA B) Mexico
C) Verkhoyansk D) Alaska
 
Answer & Explanation Answer: C) Verkhoyansk

Explanation:
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Filed Under: World Geography

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Q:

The sea with one of the highest salinities in the world is _________

A) the Dead Sea B) the Red Sea
C) the Arabian Sea D) the Baltic Sea
 
Answer & Explanation Answer: A) the Dead Sea

Explanation:

Salinity is often high in enclosed seas, this is due to high temperature, rapid evaparation and little inflow of fresh water.

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Filed Under: World Geography

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Q:

Which has the lowest freezing point?

A) Mercury B) Helium
C) Cesium D) Aluminium
 
Answer & Explanation Answer: B) Helium

Explanation:

Helium has the lowest freezing point of all the elements. When coming to metals, mercury has the lowest freezing point of all the metals.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

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Q:

What is true about economic resources?

A) Economic resources are limited. B) Economic resources are always controlled by the government.
C) Economic resources include only money. D) Economic resources exist only at the individual level.
 
Answer & Explanation Answer: A) Economic resources are limited.

Explanation:

Economic resources are those goods and services that can be converted into valuable products for individual and business purposes.

There are four major types of economic resources:

1. land,

2. labor,

3. capital and

4. entrepreneurship.

 

Land and labor are natural and human resources, while capital means physical resources or money.

Entrepreneurship converts these resources into usable goods.

 

However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Economic liberalization in India started with ___________.

A) substantial changes in industrial licensing policy   B) convertibility of Indian rupee  
C) doing away with procedural formalities for foreign direct investment D) significant reduction in tax rates  
 
Answer & Explanation Answer: A) substantial changes in industrial licensing policy  

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

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Q:

' The Sikhs of New York ' organised the " Turban Day " at Times Square on which date?

A) March 15, 2017 B) April 11, 2017
C) March 14, 2017 D) April 15, 2017
 
Answer & Explanation Answer: D) April 15, 2017

Explanation:
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Filed Under: Important Days and Years
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

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Q:

When is World Day for Water, recognised by the UN observed?

A) January 21 B) March 22
C) October 27 D) February 24
 
Answer & Explanation Answer: B) March 22

Explanation:
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