Questions

Q:

Which of the following is indicated by the colour of a star ?

A) weight B) distance
C) temperature D) size
 
Answer & Explanation Answer: C) temperature

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following Acts under the Indian Constitution is described by Article 21A?

A) Right to Education B) Right to Information
C) Representation of the People D) Right to Freedom of Religion
 
Answer & Explanation Answer: A) Right to Education

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

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Filed Under: Indian Economy

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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:

Stagflation is defined as

A) low inflation, low growth, low unemployment B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment D) low inflation, high growth, low unemployment
 
Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

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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:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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