Questions

Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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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
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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

How many medals in all did India win at the Rio Olympics 2016?

A) 5 B) 4
C) 3 D) 2
 
Answer & Explanation Answer: D) 2

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

In April 2017, diplomatic ties were re-established after 37 years between Cuba and _________.

A) India B) Morocco
C) Sri Lanka D) USA
 
Answer & Explanation Answer: B) Morocco

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

The area of a circle is 38.5 cm2. Find its circumference (in cm).

A) 1848 B) 1716
C) 1621 D) 1587
 
Answer & Explanation Answer: A) 1848

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Q:

Which of the following President was awarded the Nobel Peace Prize 2016?

A) Raffel Korea B) Juan Manuel Santos  
C) Donald Trump D) Alexander Lukashenko
 
Answer & Explanation Answer: B) Juan Manuel Santos  

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which international tyre company has recently appointed ace badminton queen PV Sindhu as their brand ambassador?

A) Pirelli B) Michelin
C) Continental D) Bridgestone
 
Answer & Explanation Answer: D) Bridgestone

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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