Questions

Q:

Kala Ghoda festival, India’s largest multi-cultural street festival begins in which place?

A) Mumbai B) Kolkata
C) Thiruvananthapuram D) Panaji
 
Answer & Explanation Answer: A) Mumbai

Explanation:

The Kala Ghoda Arts Festival is annual festival, nine days long, commencing always on the first Saturday of February and closing always on the second Sunday in February, in the Kala Ghoda area of South Mumbai, India.

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Filed Under: Indian Culture
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Q:

DNA is a long chain made of repeating units called aminoacids.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

The repeating units that are used to form the helical DNA structure are called nucleotides.

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Subject: General Science
Exam Prep: AIEEE , Bank Exams , GATE
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Q:

How many Earth- sized Exoplanets have been discovered by NASA around a single star in February 2017 ?

A) 14 B) 7
C) 6 D) 11
 
Answer & Explanation Answer: B) 7

Explanation:

NASA announced a Seven new system of Exoplanets, which are Earth-size, and could potentially hold life.These exoplanets are located outside of our solar system and orbit a star. NASA has named the system of planets after the ‘Transiting Planets and Planetesimals Small Telescope,’ which is located in Chile. This telescope first discovered three of the planets in this system in May 2016. Unlike Earth, which rotates on its axis, the planets are “tidally locked to the star.” This means that one side of the planet has only day, and one side has only night. It also means the weather conditions are unlike what we experience on Earth.

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Filed Under: General Awareness
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Q:

Which is false concerning the use of the voting machine?

A) It does away with the need for numerous officials to count ballots. B) Fraud is nearly impossible.
C) It assures absolute secrecy. D) It was invented in 1898.
 
Answer & Explanation Answer: D) It was invented in 1898.

Explanation:

A voting machine is a machine used to register and tabulate votes.

 

In the given options, It was invented in 1898 is the false statement as it was actually invented in 1875 with some faults in it.

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Filed Under: Indian Politics
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Q:

In the aggregate expenditures model, it is assumed that investment

in_the_aggregate_expenditures_model_it_is_assumed_that_investment1553493949.jpg image

A) does not change when real GDP changes B) does not respond to changes in interest rates
C) changes by less in percentage terms than changes in real GDP D) automatically changes in response to changes in real GDP
 
Answer & Explanation Answer: A) does not change when real GDP changes

Explanation:

In the aggregate expenditures model, it is assumed that investment does not change when real GDP changes.

 

  • The aggregate expenditure is the sum of all the expenditures undertaken in the economy by the factors during a specific time period.

 

  • The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.
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Filed Under: Indian Economy
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Q:

What is the basic objective of monetary policy?

Answer

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.


The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.


Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

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Subject: Indian Economy Exam Prep: Bank Exams , CAT
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Q:

The Reserve Bank of India has imposed a penalty of Rs 5 crore on which of the following banks for non-compliance of its directives?

A) Karur Vysya Bank B) HDFC Bank
C) Kotak Mahindra Bank D) Yes Bank
 
Answer & Explanation Answer: A) Karur Vysya Bank

Explanation:

The Reserve Bank of India has imposed a penalty of Rs 5 crore on Karur Vysya Bank for non-compliance of its directives on Income Recognition and Asset Classification (IRAC).

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Filed Under: General Awareness
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Q:

Press freedom day is celebrated on

A) May 2 B) May 3
C) May 4 D) None of these
 
Answer & Explanation Answer: B) May 3

Explanation:
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