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Q:

The major objective of monetary policy is to

A) increase government's tax revenue B) revamp the Public Distribution System
C) Promote economic growth with price stability D) weed out corruption in the economy
 
Answer & Explanation Answer: C) Promote economic growth with price stability

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Q:

The area of a rectangle is 448 sq.m. If the length is more than the breadth by 12%, find the breadth.

A) 14 m B) 16 m
C) 18 m D) 20 m
 
Answer & Explanation Answer: D) 20 m

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Filed Under: Area
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Q:

Find the maximum area of a rectangle field which is surrounded by a rope of 400 m.

A) 5000 sq.m B) 6250 sq.m
C) 4000 sq.m D) 10000 sq.m
 
Answer & Explanation Answer: D) 10000 sq.m

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Q:

Which Indian Maharashtra Company has been the title sponsor of Hockey India League since 2016?

A) Gas Authority of India (GAIL) B) National Thermal Power Corporation (NTPC)
C) Coal India Limited (CIL) D) Oil and Natural Gas Corporation (ONGC)
 
Answer & Explanation Answer: C) Coal India Limited (CIL)

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
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Q:

Which one of the following statements is not correct?

A) India joined MTCR in 2016. B) India submitted a formal application for membership of the NSG in 2016.
C) India proposed the Comprehensive Convention on International Terrorism in 1996. D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.
 
Answer & Explanation Answer: D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.

Explanation:

The Commonwealth Heads of Government Meeting is held every 2 years. It is the association’s ultimate policy and decision-making forum. The November 2015 Meeting, to be held in Malta, had the theme of ‘Commonwealth –Adding Global Value’.

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Filed Under: General Awareness
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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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Filed Under: Indian Economy
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