Q:

In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was

A) 7.50%	B) 4.50%
C) 4%	D) 0.25%

Answer & Explanation Answer: B) 4.50%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent	B) 7.8 percent
C) 10.2 percent	D) 10 percent

Answer & Explanation Answer: A) 7.5 percent

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Q:

Nepal's first woman President is

A) Rita Bhandary	B) Vidya Devi Bhandari
C) Aishwarya Rajya Laxmi	D) Komal Rajya Laxmi

Answer & Explanation Answer: B) Vidya Devi Bhandari

Explanation:

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Filed Under: Famous Personalities
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Q:

Who built the Group of Monuments at Mahabalipuram?

A) Chola Kings	B) Pallava Kings
C) Chera Kings	D) Chalukya Kings

Answer & Explanation Answer: B) Pallava Kings

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Filed Under: Indian History
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Q:

On which date was the partition of India announced?

A) 15th August 1947	B) 3rd June 1947
C) 17th July 1947	D) 1st July 1947

Answer & Explanation Answer: B) 3rd June 1947

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Q:

Which dynasty developed the ancient route of Bhor Ghat?

A) Satavahana	B) Mauryas
C) Guptas	D) Cholas

Answer & Explanation Answer: A) Satavahana

Explanation:

Bhor Ghat was an ancient trade route developed by the Satavahana Dynasty to connect the ports on Konkan coast and surrounding areas of the Deccan plateau.

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Q:

In the battle of Panipat, Babar faced the armies of

A) Jaichand	B) Hemu
C) Daulat khan	D) Ibrahim Lodi

Answer & Explanation Answer: D) Ibrahim Lodi

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Q:

Who was the first Indian to win the 52nd Capablanca Memorial Chess tournament at at Cuba?

A) Adhiban Baskaran	B) Pentala Harikrishna
C) K Srikanth	D) Krishnan Saikiran

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