Questions

Q:

Buddhist Monuments at Sanchi is in _________.

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

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What does indifference curve represent?

A) Levels of Income and Capital B) Satisfaction derived from two goods
C) Income from two businesses D) Relationship between expenditure and savings
 
Answer & Explanation Answer: B) Satisfaction derived from two goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The economic survey of India is prepared by

A) Department of economic affairs B) Central statistical office (CSO)
C) National sample survey organization(NSSO) D) Office of Economic Advisor
 
Answer & Explanation Answer: A) Department of economic affairs

Explanation:

The Department of Economic Affairs, Finance Ministry of India presents the Economic Surveyin the parliament every year, just before the Union Budget. It is prepared under the guidance of theChief Economic Adviser, Finance Ministry. It is the ministry's view on the annual economic development of the country.

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Filed Under: General Awareness

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Q:

On 10 April 2017, Lok Sabha passed the Human Immunodeficiency Virus (HIV) and AIDS (Prevention Control) Bill, 2017. Under the new provisions, which of the following is not included?

A) Establishments keeping records of information of person living with HIV must adopt data protection measures. B) Person will be compelled to disclose his HIV status if even he/she does not give his/her Consent.
C) Prohibits any individual from advocating feeling of hatred against HIV positive persons. D) All are included.
 
Answer & Explanation Answer: B) Person will be compelled to disclose his HIV status if even he/she does not give his/her Consent.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following is not provided in the constitution ?

A) Election Commission B) Finance Commission
C) Public Service Commission D) Planning Commission
 
Answer & Explanation Answer: D) Planning Commission

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The Ministry of Labour and Employment, in January 2018, announced how many persons for Prime Minister's Shram Awards for the year 2016?

 

 

A) 16 B) 34
C) 50 D) 64
 
Answer & Explanation Answer: C) 50

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which State hosted the 12th National Ice-Skating Championship in India?

A) Sikkim B) Himachal Pradesh
C) Uttarakhand D) Jammu and Kashmir
 
Answer & Explanation Answer: D) Jammu and Kashmir

Explanation:
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Filed Under: Sports

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