Questions

Q:

What is Damodar Valley Corporation ?

A) Statutory body B) Municipal Corporation looking after Damodar Valley
C) A private enterprise located in Bihar D) A non government organisation
 
Answer & Explanation Answer: A) Statutory body

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Tax on inheritance is called __________

A) Excise duty B) Estate duty
C) Gift tax D) Sales tax
 
Answer & Explanation Answer: B) Estate duty

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Filed Under: Indian Economy

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Q:

In 2015, the nominal rate of interest in a country was 5.5% and the inflation rate then was 2.5%. So real rate of interest in 2015 was _________.

A) 8 percent B) 2.2 percent
C) 13.75 percent D) 3 percent
 
Answer & Explanation Answer: D) 3 percent

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Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

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Q:

In an acid base reaction which product is produced along with a salt?

A) Hydrogen gas B) Water
C) Oxygen gas D) Carbon dioxide
 
Answer & Explanation Answer: B) Water

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Filed Under: Chemistry
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Q:

Which electron dot formula represents a polar molecule?

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Reduce something in size, amount, or extent by a gradual series of steps

 

A) Concoct B) Whittle
C) Beget D) Exigency
 
Answer & Explanation Answer: B) Whittle

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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

a rich source of something

 

A) antecedent B) lode
C) node D) provenience
 
Answer & Explanation Answer: B) lode

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Filed Under: English
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