Questions

Q:

One statement is given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

Statement: I) Quality has a price tag.

II) India is allocating lots of funds to education.

Conclusions: I) Quality of education in India would improve.

II) Funding alone can enhance quality of education.

A) Only Conclusion I follows B) Only Conclusion II follows
C) Both the Conclusions I and II follow D) Neither Conclusion I nor II follows
 
Answer & Explanation Answer: A) Only Conclusion I follows

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Q:

Which of the following Country doesn't have a written Constitution?

A) United Kingdom B) Australia
C) United States of America D) Bangladesh
 
Answer & Explanation Answer: A) United Kingdom

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The Typhoon named 'Goni' has recently hit which country?

A) Philippines B) United States of America
C) Indonesia D) Australia
 
Answer & Explanation Answer: A) Philippines

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Filed Under: Indian Economy

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Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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

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Q:

In which market form, a market or an industry is dominated by a single seller?

A) Oligopoly B) Monopoly
C) Duopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

How many union territories does India have as of June 2017?

A) 7 B) 6
C) 5 D) 4
 
Answer & Explanation Answer: A) 7

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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