Questions

Q:

Find the odd word/letters/number from the given alternatives.

A) 13 B) 17
C) 29 D) 87
 
Answer & Explanation Answer: D) 87

Explanation:
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Q:

SAARC Development Fund Headquarters are located in which country?

A) Kathmandu, Nepal B) Islamabad, Pakistan
C) Thimpu, Bhutan D) New Delhi, India
 
Answer & Explanation Answer: C) Thimpu, Bhutan

Explanation:

SAARC Development Fund Headquarters are located in Thimpu, Bhutan. SAARC Development Fund (SDF), the umbrella financial institution for projects in SAARC member countries. SDF has been established
(i) to promote the welfare of the people of SAARC region,
(ii) to improve their quality of life and

(iii) toaccelerate economic growth, social progress and poverty alleviation in the region. The Fund is to serve as the umbrella financial institution for SAARC projects and programmes and is aimed to contribute to regional cooperation and integration through project collaboration.

 

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Filed Under: World Organisations
Exam Prep: Bank Exams

1 1130
Q:

Which of the following is not an agency ofUN?

A) World Bank B) International Atomic Energy Agency
C) Universal Postal Union D) None of the above
 
Answer & Explanation Answer: B) International Atomic Energy Agency

Explanation:

International Atomic Energy Agency. The International Atomic Energy Agency (IAEA) is an international organization that seeks to promote the peaceful use of nuclear energy.

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Filed Under: World Organisations
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

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

1 1130
Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Filed Under: Indian Economy

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