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

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

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Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January B) March
C) July D) September
 
Answer & Explanation Answer: C) July

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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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Filed Under: Indian Economy
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Q:

Which of the following is NOT an example of potential energy?

A) Running water B) Water stored in a dam
C) A raised hammer D) A compressed spring
 
Answer & Explanation Answer: A) Running water

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The sensation of sound persists in the human brain for about:

A) 0.5 sec B) 0.2 sec
C) 0.1 sec D) 1 sec
 
Answer & Explanation Answer: C) 0.1 sec

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Who appears on behalf of the Government of India in all cases in the Supreme Court in which Government of India is concerned?

A) Comptroller and Auditor General of India B) Advocate General of State
C) Attorney General of India D) Chief Election Commissioner of India  
 
Answer & Explanation Answer: C) Attorney General of India

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Filed Under: Indian Politics
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Q:

In Indian parliamentary system, the leader of the largest opposition party having not less than _______ seats of total strength of the house is recognized as the leader of the opposition in that House.

A) 1/10 th B) 1/9 th
C) 1/8 th D) 1/7 th
 
Answer & Explanation Answer: A) 1/10 th

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Q:

What occurs during the appropriations process?

A) Congress acquires requested oversight material from the executive. B) Congress instructs the president to eliminate federal agencies.
C) Congress grants funds to federal agencies and programs.  D) Congress makes laws.
 
Answer & Explanation Answer: C) Congress grants funds to federal agencies and programs. 

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Filed Under: General Awareness
Exam Prep: Bank Exams

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