Questions

Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. It will empower government to _______ property of economic offenders and defaulters who flee from India.

 

A) Consolidate B) Confiscate
C) Combine D) Collect
 
Answer & Explanation Answer: B) Confiscate

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

India-born Sundar Pichai is the Chief Executive Officer (CEO) of which of the following companies?

A) Google B) Amazon
C) Dell D) Microsoft
 
Answer & Explanation Answer: A) Google

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961 B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990 D) No option is correct
 
Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word:

CHRONOLOGICAL

A) CALL B) LOGIC
C) CALICO D) ANALOGY
 
Answer & Explanation Answer: D) ANALOGY

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Q:

The name of the newest Antarctica research base commissioned in 2015 is

A) Dakshin Gangotri B) Maitri
C) Bharati D) Lotus
 
Answer & Explanation Answer: C) Bharati

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Irfaan loves black coffee. A roadside stall selling a cup of black coffee at Rs. 120, offered 25% discount to Irfaan. If Irfaan was willing to pay even Rs. 200 for this cup of black coffee, Irfaan's consumer surplus is

A) 90 B) 80
C) 30 D) 110
 
Answer & Explanation Answer: D) 110

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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.


In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse square law __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where the judge, the police and the civil servant dispense ___________ to the citizen.

 

a few things are __________ to politicians.

 

A) right B) leave
C)  with D) left
 
Answer & Explanation Answer: D) left

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Filed Under: English
Exam Prep: Bank Exams

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