Q:

A bank always has a/an

A) Locker	B) Account holder
C) Manager	D) ATM

Answer & Explanation Answer: B) Account holder

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The study of human evolution indicates that all of us belong to a single species that evolved in

A) West Asia	B) Central Asia
C) Africa	D) America

Answer & Explanation Answer: C) Africa

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Statement I :The Poona Pact provided for 151 reserved seats for the scheduled castes to be elected by a joint, not separate, electorate.

Statement II :Dr. B. R. Ambedkar withdrew from active politics for almost a decade when the Communal Award was revoked.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I	B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false	D) Statement I is false but Statement II is true

Answer & Explanation Answer: C) Statement I is true but Statement II is false

Explanation:

The Poona Pact was an agreement between Dr. Babasaheb Ambedkar and Mahatma Gandhi which was signed on 24 September 1932 at Yerwada Central Jail in Pune, India, which asserted that there will be a single Hindu electorate, with scheduled castes having seats reserved within it,So the representation of these classes was based on the standards of joint electorates and reserved seats. The Communal Award was made by the British Prime Minister Ramsay MacDonald on 16 August 1932 which allowed separate electorates in India, and it was supported by Ambedkar.

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Exam Prep: Bank Exams

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Q:

After his stint as the Reserve Bank Governor, which University in USA did Raghuram Rajan join as professor of Finance?

A) Harvard Business School, Boston	B) Berkeley Haas, California
C) Booth School, Chicago	D) Columbia Business School, New York

Answer & Explanation Answer: C) Booth School, Chicago

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country	B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves	D) Rate at which banks lend to money lenders

Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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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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Filed Under: Indian Economy
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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension	B) Investment Expenditure
C) Value added	D) Consumption Expenditure

Answer & Explanation Answer: A) Pension

Explanation:

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Exam Prep: Bank Exams

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Q:

To which class does Oxyreductases, transferases, hydrolases belong?

A) Hormones	B) Enzymes
C) Proteins	D) Vitamins

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