Q:

If demand curve for roller skates is D = 23000 - 19P and supply curve is S = 18000 + 6P, find the equilibrium Price?

A) Rs 100	B) Rs 400
C) Rs 50	D) Rs 200

Answer & Explanation Answer: D) Rs 200

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A binding price ceiling is designed to

A) keep prices low	B) increase efficiency
C) increase the quality of the good	D) prevent shortages

Answer & Explanation Answer: A) keep prices low

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the minimum paid-up equity capital for small finance banks?

A) Rs 10 crore	B) Rs 500 crore
C) Rs 100 crore	D) Rs 200 crore

Answer & Explanation Answer: C) Rs 100 crore

Explanation:

The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT

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Q:

The rank of Captain of the Indian Navy is equivalent to which one of the following?

A) Captain of the Indian Army	B) Group Captain in the Indian Air Force
C) Lieutenant Colonel of the Indian Army	D) Wing Commander of the Indian Air Force

Answer & Explanation Answer: B) Group Captain in the Indian Air Force

Explanation:

Rank of captain of Indian Navy is equivalent to Group captain of Indian Air Force.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Malachite is an ore/mineral of

A) Lead	B) Manganese
C) Mercury	D) Copper

Answer & Explanation Answer: D) Copper

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

What is the name of the asteroid that causes Geminid meteor shower display around 15 December of every year?

A) 3 Juno	B) 3200 Phaethon
C) 511 Davida	D) 5200 Europa

Answer & Explanation Answer: B) 3200 Phaethon

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The most important function of an interest group is to

A) form the government	B) alter government policies to its liking
C) build up public opinion	D) Contest elections

Answer & Explanation Answer: B) alter government policies to its liking

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which company developed 'Swift' Programming Language?

A) Google	B) Microsoft
C) Facebook	D) Apple

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