Q:

The BRICS Development Bank is now called as

A) Asia Development Bank	B) World Bank
C) New Development Bank	D) New BRICS Bank

Answer & Explanation Answer: C) New Development Bank

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The Look East Policy in India was started by which of the following Prime Ministers?

A) Rajiv Gandhi	B) Atal Bihari Vajpayee
C) P.V. Narasimha Rao	D) Manmohan Singh

Answer & Explanation Answer: C) P.V. Narasimha Rao

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

There are 15 protons and 22 neutrons in the nucleus of an element. What is its mass number?

A) 22	B) 7
C) 37	D) 15

Answer & Explanation Answer: C) 37

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The difference between exports and imports is called-?

A) assets and liabilities	B) balance of payment
C) GDP	D) balance of trade

Answer & Explanation Answer: D) balance of trade

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax	B) Indirect tax
C) Straight tax	D) Advance tax

Answer & Explanation Answer: A) Direct tax

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores	B) Rs 300 crores
C) Rs 60 crores	D) Rs 250 crores

Answer & Explanation Answer: C) Rs 60 crores

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2	B) 1.2
C) -1.5	D) 1.5

Answer & Explanation Answer: A) -1.2

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following vitamins help in the absorption of calcium?

A) Vitamin A	B) Vitamin D
C) Vitamin B	D) Vitamin C

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