Questions

Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.


The public sector banks are witnessing in india a period of transition and are at crossroads, where they without giving up social responsibility, should also remain healthy. They need to undertake risky experiments yet perform it innovatively in a way it does not fail. They should make forays into new areas which are rarely tread by them and lose no emerging opportunities. It should be understood that absence of any bad advance is no sign of efficient banking system. It only indicates immense conservatism. However this is no guarantee for profit. There should be a balance between liquidity and risk. Past sins should be forgotten. Novel and pragmatic techniques should be adopted without which banks would be in danger.

 

In addition to being socially responsible, what does the author want the banks to be.

A) Customer friendly B) Able to attract foreign investors.
C) Financially healthy D) Senseless risk takers
 
Answer & Explanation Answer: C) Financially healthy

Explanation:
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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’.

Earth’s resources have to be protected and sustain and we need to (1)/ share our resources across species as we all are (2)/ interconnected as one giant living organism. (3)/ No error (4)

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

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Q:

If demand curve for trekking boots is D = 67500 - 18P and supply curve is S = 22500 + 12P, find the equilibrium Price?

A) 1500 B) 750
C) 2250 D) 500
 
Answer & Explanation Answer: A) 1500

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Filed Under: Indian Economy
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Q:

National Income refers to ___________

A) money value of goods and services produced in a country during a year  B) money value of stocks and shares of a country during a year
C) money value of capital goods produced by a country during a year D) money value of consumer goods and services produced in a country during a year 
 
Answer & Explanation Answer: A) money value of goods and services produced in a country during a year 

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

Medulla oblongata is a part of which of the following?

A) Heart B) Brain
C) Lungs D) Stomach
 
Answer & Explanation Answer: B) Brain

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Filed Under: Biology
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Q:

Recently, the 2017 Global Hunger Index is published. What is the position of India in this index?

A) 97th B) 98th
C) 100th D) 102nd
 
Answer & Explanation Answer: C) 100th

Explanation:

India ranks 100th(last year 97thposition) out of 119 countries on the 2017 Global Hunger Index which is published by International Food Research Institute.India has “serious” hunger problems, and has third highest score in all of Asia.

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Q:

Which among the following is an umbrella organization for all retail payments system in India?

A) RBI B) NPCI
C) SEBI D) NITI Aayog
 
Answer & Explanation Answer: B) NPCI

Explanation:

National Payments Corporation of India is the umbrella organisation for all retail payment systems in India, which aims to allow all Indian citizens to have unrestricted access to e-payment services

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