Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5	B) 1
C) 2.5	D) 8

Answer & Explanation Answer: B) 1

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Filed Under: Indian Economy
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Q:

According to Newlands' law of Octaves, how many elements exist in nature?

A) 56	B) 66
C) 55	D) 65

Answer & Explanation Answer: A) 56

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus	B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus	D) Rs 8000 worth of producer surplus

Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
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Q:

On 2 January 2018, Parliament Passed Insolvency and Bankruptcy Code (IBC) amendment Bill, 2017. The Bill seeks to amend ______.

A) IBC, 2015	B) IBC, 2016
C) IBC, 2014	D) IBC, 2013

Answer & Explanation Answer: B) IBC, 2016

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

If Money supply growth is faster than real GDP growth, it results in _____.

A) Inflation	B) deflation
C) budget surplus	D) budget deficit

Answer & Explanation Answer: A) Inflation

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Q:

Which of the following statements is true?

A) In grasshoppers and some insects, the male has only four sex chromosomes	B) A male individual contains one X and two Y chromosomes
C) In human beings, there are 46 chromosomes, of which 42 (21 pairs) are autosomes	D) In diploid organisms having separate sexes, a specific pair of chromosomes in each diploid cell determines the sex of the individual, they are called sex chromosomes.

Answer & Explanation Answer: D) In diploid organisms having separate sexes, a specific pair of chromosomes in each diploid cell determines the sex of the individual, they are called sex chromosomes.

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it byselecting the appropriate option.

The purpose of life is not to simply survive, but to discover ______fulfillment.

A) inner	B) outer
C) outmost	D) top

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