Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

Explanation:

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Filed Under: Indian Economy
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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor	B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go	D) decreases unemployment

Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

Explanation:

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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund	B) Mutual Fund
C) Both of these	D) Neither of these

Answer & Explanation Answer: C) Both of these

Explanation:

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Q:

Fastest Indian supercomputer recently developed by ISRO

A) PARAM 8000	B) SAGA-220
C) CRAY XC - 30	D) PRATYUSH

Answer & Explanation Answer: B) SAGA-220

Explanation:

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Filed Under: General Science
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Q:

What of the following refers to hypotheses which are confirmed by varied tests?

A) Assumption	B) Theory
C) Answer	D) Opinion

Answer & Explanation Answer: B) Theory

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Filed Under: General Science
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Q:

Prime Minister Narendra Modi has released two commemorative coins of denominations Rs. 125 & Rs. 10 as a mark of tribute to whom?

A) Abdul Kalam	B) Mahatma Gandhi
C) Dr. Rajendra Prasad	D) B.R. Ambedkar

Answer & Explanation Answer: D) B.R. Ambedkar

Explanation:

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Filed Under: General Awareness
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Q:

Which of the following voted for Brexit in June 2016?

A) England and Scotland	B) England and Wales
C) Scotland and Northern Ireland	D) Wales and Northern Ireland

Answer & Explanation Answer: B) England and Wales

Explanation:

The decision by the electorate was to "Leave the European Union" which won by a majority of 1,269,501 votes (3.78%) over those who had voted in favour of "Remain a member of the European Union" with England and Wales voting to "Leave" whilst Scotland and Northern Ireland voted to "Remain".

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Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.
Grandfather led (1)/a peaceful life after his (2)/retirement from the army.(3)/No Error (4)

A) 1	B) 2
C) 3	D) 4

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