Questions

Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory? 

 

A) Prime Minister   B) President
C) Vice President D) Finance Minister
 
Answer & Explanation Answer: B) President

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves D) Rate at which banks lend to money lenders
 
Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

In 1528, __________ defeated the Rajputs at Chanderi.

A) Humayun B) Akbar
C) Jahangir D) Babur
 
Answer & Explanation Answer: D) Babur

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Filed Under: Indian History
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Q:

Who established Mahabalipuram?

A) Pandya B) Pallava
C) Chalukya D) Chola
 
Answer & Explanation Answer: B) Pallava

Explanation:

Mahabalipuram was established by Pallava king Narasimhavarman I.

 

 

Narasimha_Varman_I_-_mahabalipuram_was_established_by1600689466.jpg image

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Q:

In January 2018, who has been awarded the 9th Infosys award for engineering and computer science?

A) Sanghamitra Bondopadhyaya B) Ananya J. Kabir
C) Upinder Singh Bhalla D) Ritabrata Munsi
 
Answer & Explanation Answer: A) Sanghamitra Bondopadhyaya

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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