Exams Questions and Answers

Q:

Which of the following can be used as a weapon of war and conflict?

A) Extreme economic dependence	B) Trade sanctions
C) Currency manipulation	D) Withdrawal of bilateraltreaties

Answer & Explanation Answer: B) Trade sanctions

Explanation:

This can be interpreted from these lines of the passage, “Sanctions also play a dramatic role as an offensive militaristic manoeuver” and "Indeed, economics is often used directly as a weapon of war and conflict via trade sanctions."

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax	B) Entertainment tax
C) Income tax	D) Gift tax

Answer & Explanation Answer: B) Entertainment tax

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero	B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive	D) When total utility is maximum,marginal and average utility are equal to each other.

Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

According to the Election Commission of India, in order to be recognized as a ‘National Party’, a political party must be treated as a recognized political party in how many States?

A) At least two States	B) At least three States
C) At least four States	D) At least five States

Answer & Explanation Answer: C) At least four States

Explanation:

Trinamool Congress became the 7th political party to be recognized as a National Party in September 2016.

Conditions for Recognition as a National Party

1. Secure at least 6% of the valid vote in an Assembly or a Lok Sabha General Election in any four or more states and won at least 4 seats in a Lok Sabha General Election from any State or States.

2. Win at least 2% of the total Lok Sabha seats in a Lok Sabha General Election and these seats have to be won from at least 3 states.

3. The party is recognized as a State Party in at least four states.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which figure will complete the pattern?

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: Pattern Completion
Exam Prep: Bank Exams

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Q:

The pie chart shows the share of tiger population in six wild life sanctuaries (A, B, C, D, E, F) of a country. Study the diagram and answer the following questions.

If the total tiger population in these six sanctuaries had grown by 20% and 25% in the previous two decades, then what was the total tiger population in these six sanctuaries before 20 years?

A) 135	B) 150
C) 60	D) 45

Answer & Explanation Answer: C) 60

Explanation:

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Filed Under: Pie Charts
Exam Prep: Bank Exams

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Q:

In the question, a word is represented by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as in two matrices given below. The columns and rows of Matrix I are numbered from 0 to 4 and that of Matrix II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, e.g., 'G' can be represented by 01 and 'P' can be represented by 10, 44, etc. Similarly you have to identify the set for the word 'BARK'

A) 32, 55, 69, 24	B) 32, 03, 66, 57
C) 67, 42, 66, 00	D) 23, 30, 66, 97

Answer & Explanation Answer: C) 67, 42, 66, 00

Explanation:

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Filed Under: Figure Matrix
Exam Prep: Bank Exams

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Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24	B) 18
C) 36	D) 60

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