General Knowledge Questions

Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

Explanation:
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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Photography is the _____________ we can get to stopping time. The camera is our pause button, the cork we use to stop time from running out. And the photo album is the most potent time machine ever ____________, one that transports you to a curated past where everything exists ________ you choose to remember it,one that lets you revisit ________ just people and places and ages, but the hidden crannies of ________ own memory and the strange landscape of emotions that lies beyond.

 

time machine ever ____________, one that transports

A) build B) built
C) building D) builds
 
Answer & Explanation Answer: B) built

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

 

I said to her, "I will do it now or never."

A) I informed her that I would do it that moment or never. B) I told her I would do it then or never.
C) I told her that I would not do it then or ever. D) I told her that I would do it then or never.
 
Answer & Explanation Answer: D) I told her that I would do it then or never.

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


Targeting inflation comes from a belief that policy should be _________ and transparent, so that the private sector can factor this ___________ their decision-making. The question that this ________ is: are there more "complicated" policies which _________ better? I just note that one such policy is called "nominal income targeting". _____________ it is more complicated and the private sector is deemed to be intellectually challenged.

policy should be _________ and transparent,

A) elaborate B) detailed
C) easy D) simple
 
Answer & Explanation Answer: D) simple

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Q:

IMF has predicted that the global economy would grow at _______ % in 2017.

A) 5.5 B) 4.5
C) 3.5 D) 2.5
 
Answer & Explanation Answer: C) 3.5

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Q:

Which one of the following statements relating to cultural and educational rights in India is not correct?

 

A) Every section of the citizens has the right to conserve its language, script or culture. B) No citizen shall be denied admission into any educational institution maintained by the State or receiving aid out of State funds on grounds of religion, race or language
C) The state shall, in granting aid to educational institutions, discriminate against any educational institution on the ground that it is under the management of a majority community. D) all minorities whether based on religion or language, shall have the right to establish and administer educational institutions of their choice.
 
Answer & Explanation Answer: C) The state shall, in granting aid to educational institutions, discriminate against any educational institution on the ground that it is under the management of a majority community.

Explanation:

The  Indianconstitution  guarantees Cultural   and   Educational   Rights under  articles  29  and  30.Under article   29,   this   article   seeks   to protect    the    interests    of    the minority  communities.  This  article confers the freedom to all citizens, residing  in  different  parts  of  the land,   to   conserve   their   distinct languages, scripts or cultures state shall   not   impose   upon   it   any culture other than the community’s own  culture.  This  article  further assures  that  no  citizen  shall  be denied  admission  into  any  state-run    or    state-aided    educational institution   on   grounds   only   of religion,  race,  caste,  language  or any of them. And Under article 30, It    provides    that    all    minority communities—religion  or  linguistic, have  the  right  to  establish  and administer  educational  institutions of  their  choice.  In  granting  aid  to educational  institutions,  the  state shall    not    discriminate    on    the grounds of religion or language.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: When all the credit worthy people were given loans to a logical limit, they ceased to be a part of the market.
Q: Even this would have been understandable if it could work as an eye opener.
R: Owing to the materialistic culture elsewhere, it was possible to keep selling newer products to the consumers despite having existing ones which served equally
well.
S: They were lured through advertising and marketing techniques of 'dustbinisation' of the customer; and then finally, once they became ready customers, they were
given loans and credits to help them by more and more.

A) PRQS B) RSPQ
C) QSPR D) RPQS 
 
Answer & Explanation Answer: B) RSPQ

Explanation:
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