Questions

Q:

Who was appointed as the Managing Director of International Monetary Fund for 5 years starting July 5, 2016?

A) Strauss-khan B) Christine Lagarde
C) Jim Yong Kim D) Rodrigo de Rato
 
Answer & Explanation Answer: B) Christine Lagarde

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Q:

Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017?

A) UAE and Saudi Arabia B) Qatar and UAE
C) Bahrain and Kuwait D) Oman and Saudi Arabia
 
Answer & Explanation Answer: A) UAE and Saudi Arabia

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Q:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000 B) 10000
C) 15000 D) 12000
 
Answer & Explanation Answer: A) 20000

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Filed Under: Indian Economy
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Q:

In which state is Koyna dam located?

A) Madhya Pradesh B) Rajasthan
C) Maharashtra D) Gujarat
 
Answer & Explanation Answer: C) Maharashtra

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Filed Under: Indian Geography
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Q:

Which state organized India's first Tribal Entrepreneurship Summit in November 2017?

A) Jharkhand B) Chhattisgarh
C) West Bengal D) Odisha
 
Answer & Explanation Answer: B) Chhattisgarh

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Filed Under: Indian Geography
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Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly B) Perfect competition
C) Oligopoly D) Monopolistic competition
 
Answer & Explanation Answer: B) Perfect competition

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Q:

A bank statement provided by the bank includes

A) The beginning and the ending balance of the depositor's account B) A list of outstanding check
C) A list of pretty cash amounts D) A listing of deposits in transit
 
Answer & Explanation Answer: A) The beginning and the ending balance of the depositor's account

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Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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

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