Q:

The global Multidimensional Poverty Index (MPI) is an international measure of acute poverty covering over 100 developing countries. Global Multidimensional Poverty Index given by-?

A) UNESCO	B) UNCTAD
C) UNDP	D) OECD

Answer & Explanation Answer: C) UNDP

Explanation:

The global Multidimensional Poverty Index (MPI) is an international measure of acute poverty covering over 100 developing countries. Global Multidimensional Poverty Index given by United Nations Development Programme (UNDP).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

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Q:

On 24 January 2018, the Ministry of Women and Child Development launched a web based Rapid Reporting System for the ______.

A) Scheme for Adolescent Girls	B) Scheme for Widow women
C) Scheme for Acid attack victims	D) Scheme for divorced women

Answer & Explanation Answer: A) Scheme for Adolescent Girls

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The term polyarchy was used by Robert Dahl to describe a form of government in which?

A) It reduces the multitudinous differences of opinion to relatively simple alternatives	B) It takes individual as the basic unit of democratic model
C) People can participate through their representations	D) People act both through the electoral system and the group process

Answer & Explanation Answer: D) People act both through the electoral system and the group process

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Where will be the Jai Bhawani women's cooperative textile mill (Asia's first Solar Power-Enabled Textile Mill) set up?

A) Maharashtra	B) Chennai
C) Bengaluru	D) Kanpur

Answer & Explanation Answer: A) Maharashtra

Explanation:

Jai Bhawani women's cooperative textile mill which is set to come up at Parbhani, Maharashtra will be the first Textile Mill in Asia which will operate on Solar Power.

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Filed Under: General Awareness
Exam Prep: Bank Exams

3 1130

Q:

On 5 March 2017, who launched an artificial intelligence – driven chatbot named ‘EVA (Electronic Virtual Assistant)’ for customer services?

A) ICICI Bank	B) State Bank of India
C) HDFC Bank	D) Bank of Baroda

Answer & Explanation Answer: C) HDFC Bank

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI	B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI	D) Deposit mobilisation

Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

Explanation:

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Filed Under: Indian Economy

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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases.	B) buy more of a good as the price of the good falls.
C) will spend all of their money on something.	D) want more of everything even if they have no money to buy anything.

Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2	B) 1.2
C) -1.5	D) 1.5

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