Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods	B) Capital goods
C) Veblen goods	D) Giffen goods

Answer & Explanation Answer: D) Giffen goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.	B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources.	D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.

Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Modern India has a secular constitution and ______ itself on being a secular country.

A) prides	B) humiliates
C) shy	D) disgraces

Answer & Explanation Answer: A) prides

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which Article specifies the Fundamental Duties of every citizen?

A) Article 80	B) Article 343
C) Article 51A	D) Article 356

Answer & Explanation Answer: C) Article 51A

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who is the CEO of the Unique Identification Authority of India (UIDAI) as of February 2018?

A) Ajay Bhushan Pandey	B) Anil Dhasmana
C) Nandan Nilekani	D) Ajit Doval

Answer & Explanation Answer: A) Ajay Bhushan Pandey

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The tallest bridge in the world Millau Viaduct has been constructed over the river

A) Seine	B) Tarn
C) Durance	D) Loir

Answer & Explanation Answer: B) Tarn

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Filed Under: General Awareness
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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. The proposed bill will be applicable in cases where the value of offences is over ______.

A) Rs 100 crores	B) Rs 50 crores
C) Rs 25 crores	D) Rs 200 crores

Answer & Explanation Answer: A) Rs 100 crores

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the name of the castle that was built in honour of world renowned composer Richard Wagner?

A) Balmoral Castle	B) Neuschwanstein Castle
C) Conwy Castle	D) Kronborg

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