Questions

Q:

Ashoka converted to which religion after the Kalinga war?

A) Jainism B) Buddhism
C) Christianity D) Judaism
 
Answer & Explanation Answer: B) Buddhism

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

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Q:

Goods which are consumed together are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: C) Complementary goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

 The difference between exports and imports is called-? 

A) assets and liabilities  B) balance of payment 
C) GDP  D) balance of trade 
 
Answer & Explanation Answer: D) balance of trade 

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

What was the debt-to-GDP ratio for the Financial Year 2016-17?

A) 60.40% B) 49.40%
C) 50.40% D) 55.40%
 
Answer & Explanation Answer: B) 49.40%

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Q:

 

A) I – 2, II – 3, III – 1, IV – 4 B) I – 3, II – 1, III – 4, IV – 2
C) I – 2, II – 4, III – 1, IV – 3 D) I – 1, II – 4, III – 3, IV – 2
 
Answer & Explanation Answer: D) I – 1, II – 4, III – 3, IV – 2

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following committees has been constituted by Insurance Regulatory and Development Authority (IRDAI) to review regulations governing the Insurance Marketing Firms (IMF)?

A) Balwant Rai Mehta Committee B) Veerappa Moily Committee
C) Ashok Chavan Committee D) Sachar Committee
 
Answer & Explanation Answer: D) Sachar Committee

Explanation:

The Insurance Regulatory and Development Authority (IRDAI) has set up a 10-member committee headed by Suresh Mathur (ED-IMF, IRDAI) to review norms related to Insurance
Marketing Firms (IMF) with an aim to increase insurance penetration in the country.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which one of the following is the largest source of electricity in India?

A) Hydropower plants B) Nuclear power plants
C) Thermal power plants D) Wind energy
 
Answer & Explanation Answer: C) Thermal power plants

Explanation:

About 65% of the electricity consumed in India is generated by thermal power plants, 22% by hydroelectric power plants, 3% by nuclear power plants and rest by 10% from other alternate sources like solar, wind, biomass etc.

India is the sixth largest in terms of power generation.

 

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