Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs	B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs.	D) there would neither be scarcity nor opportunity costs

Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. It will empower government to _______ property of economic offenders and defaulters who flee from India.

A) Consolidate	B) Confiscate
C) Combine	D) Collect

Answer & Explanation Answer: B) Confiscate

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

India-born Sundar Pichai is the Chief Executive Officer (CEO) of which of the following companies?

A) Google	B) Amazon
C) Dell	D) Microsoft

Answer & Explanation Answer: A) Google

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961	B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990	D) No option is correct

Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 785

Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word:

CHRONOLOGICAL

A) CALL	B) LOGIC
C) CALICO	D) ANALOGY

Answer & Explanation Answer: D) ANALOGY

Explanation:

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Filed Under: Verbal Reasoning - Logical Deduction

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Q:

The name of the newest Antarctica research base commissioned in 2015 is

A) Dakshin Gangotri	B) Maitri
C) Bharati	D) Lotus

Answer & Explanation Answer: C) Bharati

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which Ministry launched a campaign for Diwali - "Local4Diwali"?

A) Ministry of Textiles	B) Minister of Commerce and Industry
C) Ministry of Home Affairs	D) Ministry of Agriculture & Farmers Welfare

Answer & Explanation Answer: A) Ministry of Textiles

Explanation:

The Ministry of Textiles launched a campaign for Diwali - "Local4Diwali" to promote the Indian handicraft which is the cultural heritage of the country.

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 784

Q:

Irfaan loves black coffee. A roadside stall selling a cup of black coffee at Rs. 120, offered 25% discount to Irfaan. If Irfaan was willing to pay even Rs. 200 for this cup of black coffee, Irfaan's consumer surplus is

A) 90	B) 80
C) 30	D) 110

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