Q:

In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was

A) 3%	B) 6%
C) 9%	D) 12%

Answer & Explanation Answer: C) 9%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.
Sunita has written a story which fascinates everyone.

A) A story has been written by Sunita which fascinates every one.	B) Everyone is fascinated by the story which has been written by Sunita.
C) Every one fascinates the story which is written by Sunita.	D) Story written by Sunita fascinates everyone.

Answer & Explanation Answer: A) A story has been written by Sunita which fascinates every one.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which one of the following statements is correct?

A) The rank of Second Lieutenant has been abolished.	B) The Chief of Army Staff carries the rank of Field Marshal.
C) All officers posted to Andaman and Nicobar Islands wear the ranks of the Indian Navy.	D) The rank of Major General is higher than the rank of Lieutenant General.

Answer & Explanation Answer: A) The rank of Second Lieutenant has been abolished.

Explanation:

The rank of 2nd Lieutenant/Act. Sub Lieutenant/Pilot Officer were removed because the salary of the officers holding these ranks were less compared to senior Non-Commissioned Officers i.e Subedar Major in army, Master Warrant Officer in air force and Master Chief Petty Officer -1st Class in navy.

Rest of the statements are incorrect.In modern armies, lieutenant general normally ranks immediately below general and above major general; it is equivalent to the navy rank of vice admiral, and in air forces with a separate rank structure, it is equivalent to air marshal.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Under which article, President of India can proclaim financial emergency?

A) Article 32	B) Article 349
C) Article 360	D) Article 355

Answer & Explanation Answer: C) Article 360

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In India which of the following taxes is levied by the State governments?

A) Excise duty on liquor	B) Capital gains tax
C) Customs tax	D) Corporation tax

Answer & Explanation Answer: A) Excise duty on liquor

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The force of friction between two surfaces will increase if:

A) a layer of lubricant is kept between the two surfaces	B) the two surfaces are pressed harder
C) air gap is created between the two surfaces	D) irregularities on both the surfaces are removed

Answer & Explanation Answer: B) the two surfaces are pressed harder

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Terminal velocity ________.

A) first increases before decreasing	B) is constant
C) first decreases before increasing	D) always keeps on increasing

Answer & Explanation Answer: B) is constant

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which of the following is NOT a metamorphic rock?

A) Slate	B) Schist
C) Diorite	D) Phyllite

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