Questions

Q:

At which rate, Reserve Bank of India borrows money from commercial banks?

A) Bank Rate B) Repo Rate
C) Reverse Repo Rate D) Statutory Liquidity Rate
 
Answer & Explanation Answer: C) Reverse Repo Rate

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Q:

What is the local name given to the parliament of Pakistan?

A) Majilis B) Majilis-e-Shoora
C) Saeima-e-majilis D) Jatia Parliament
 
Answer & Explanation Answer: B) Majilis-e-Shoora

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Q:

Who is the CEO of the Unique Identification Authority of India (UIDAI) as of February 2018?

A) Ajay Bhushan Pandey B) Anil Dhasmana
C) Nandan Nilekani D) Ajit Doval
 
Answer & Explanation Answer: A) Ajay Bhushan Pandey

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Q:

'Ooceraea joshii', is an Ant species recently discovered in which state?

A) Telangana B) Kerala
C) Andhra Pradesh D) Karnataka
 
Answer & Explanation Answer: B) Kerala

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Exam Prep: AIEEE , 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'.

 

According to the Copernican principle, the Earth does not (1)/ occupy a unique position in the Universe while (2)/ implies life on other planets can be a possibility.(3)/ No error (4)

 

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

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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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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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