Questions

Q:

When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______

A) seasonal unemployment B) structural unemployment  
C) disguised unemployment   D) cyclical unemployment
 
Answer & Explanation Answer: D) cyclical unemployment

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

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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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) It B) was raining
C) cats and dogs. D) No error
 
Answer & Explanation Answer: D) No error

Explanation:

The given sentence is grammatically correct and there is no error.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who wrote the book 'Two Fates - The Story of My Divorce', which is a parody of Chetan Bhagat's 'Two States - The Story of My Marriage'?

A) Namita Gokhale B) Judy Balan
C) Swati Kaushal D) Arundati Roy
 
Answer & Explanation Answer: B) Judy Balan

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

SAARC Development Fund Headquarters are located in which country?

A) Kathmandu, Nepal B) Islamabad, Pakistan
C) Thimpu, Bhutan D) New Delhi, India
 
Answer & Explanation Answer: C) Thimpu, Bhutan

Explanation:

SAARC Development Fund Headquarters are located in Thimpu, Bhutan. SAARC Development Fund (SDF), the umbrella financial institution for projects in SAARC member countries. SDF has been established
(i) to promote the welfare of the people of SAARC region,
(ii) to improve their quality of life and

(iii) toaccelerate economic growth, social progress and poverty alleviation in the region. The Fund is to serve as the umbrella financial institution for SAARC projects and programmes and is aimed to contribute to regional cooperation and integration through project collaboration.

 

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

 

When the self is not enlightened, (1)/ it is fundamental identified with the notion of (2)/ difference, unaware of its primordial unity. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Young boys and girls seem to have become inordinately addicted to these sites.
Q: The parents, teachers and the government must look into the problems being caused by these networking sites and must formulate a strategy either to curb or completely stop its fast growing negative influence on the minds of our youth.
R: Smart-phones, computers, social media, internet and networking sites such as Facebook and Twitter have become source of major distractions for students.
S: They are thoughtlessly and uselessly wasting their precious time on these sites.

A) PRQS B) RPSQ
C) PSQR D) QRPS
 
Answer & Explanation Answer: B) RPSQ

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Filed Under: English
Exam Prep: Bank Exams

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