Questions

Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

India  became a  member  of  which  one  of the following in 2016?

A) Non-Proliferation Treaty B) Missile Technology Control Regime
C) Nuclear Suppliers Group D) Wassenaar Arrangement
 
Answer & Explanation Answer: B) Missile Technology Control Regime

Explanation:

In  a  boost  to  its  non-proliferation credentials, India joined the Missile Technology Control Regime (MTCR) at   a   ceremony   in   South   Block. India’s  MTCR  membership  would help in furtherance of international non-proliferation  objectives,  India would  enjoy  full  participation  in organisational  activities,  India  had intensified     efforts     at     gaining membership   of   the   MTCR,   the NSG,   the   Australia   Group   and Wassenaar     Arrangement     since getting  a  waiver  at  the  NSG  in 2008. Membership of these groups would    help    India    trade    more effectively    in    critical    high-tech areas

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Ratio of real to nominal GNP

A) State Bank of India B) Reserve Bank of India
C) Grameen Bank of India D) None of these
 
Answer & Explanation Answer: B) Reserve Bank of India

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Q:

Communist Party of India was founded in _____.

A) 1835 B) 1885
C) 1925 D) 1964
 
Answer & Explanation Answer: C) 1925

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Filed Under: Indian Politics
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Q:

Under which Article of Indian Constitution an emergency can be declared on the grounds of failure of constitutional machinery in the states?

A) Article 350 B) Article 352
C) Article 356 D) Article 368
 
Answer & Explanation Answer: C) Article 356

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Q:

Which Indian State has the highest GDP?

A) Gujarat B) Maharashtra
C) Karnataka D) Andhra Pradesh
 
Answer & Explanation Answer: B) Maharashtra

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Filed Under: Indian Politics
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Q:

What is the total number of members in Rajya Sabha from States and Union Territories?

A) 218 B) 228
C) 238 D) 248
 
Answer & Explanation Answer: C) 238

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Q:

What is the reason for formation of Mirage in desert?

A) Refraction of light B) Reflection of light
C) Total internal reflection of light D) Both Refraction and Total internal reflection of light
 
Answer & Explanation Answer: D) Both Refraction and Total internal reflection of light

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Filed Under: Physics
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