Q:

The major objective of monetary policy is to

A) increase government's tax revenue	B) revamp the Public Distribution System
C) Promote economic growth with price stability	D) weed out corruption in the economy

Answer & Explanation Answer: C) Promote economic growth with price stability

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As per the data released by the IncomeTax Department in December 2017, how much percent of total population paid income tax in the assessment year 201516?

A) 1.7	B) 5.7
C) 9.7	D) 11.7

Answer & Explanation Answer: A) 1.7

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A price floor is _____.

A) a maximum legal price	B) a minimum legal price
C) the price where demand equals supply	D) the price where elasticity of demand equals elasticity of supply

Answer & Explanation Answer: B) a minimum legal price

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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 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1	B) 1
C) -1.25	D) 1.25

Answer & Explanation Answer: A) -1

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following was the winner of the Grammy Awards 2016 "Country Song of the Year"?

A) Chances Are	B) Girl Crush
C) Hold My Hand	D) Traveller

Answer & Explanation Answer: B) Girl Crush

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice	B) Crop – Rubber
C) Crop – Wheat	D) Crop – Bajra

Answer & Explanation Answer: B) Crop – Rubber

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Which of the following is the name of a medieval Indian book on mathematics?

A) Vastushastra	B) Leelavati
C) Panchadashi	D) Roopmati

Answer & Explanation Answer: B) Leelavati

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

When a number is divided by 56, the remainder will be 29. If the same number is divided by 8, then the remainder will be

A) 6	B) 7
C) 5	D) 3

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