Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores	B) Rs 300 crores
C) Rs 60 crores	D) Rs 250 crores

Answer & Explanation Answer: C) Rs 60 crores

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1101

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 B. R. Ambedkar withdrew from active politics for almost a decade when the Communal Award was revoked.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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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1101

Q:

How do you know Yarlung Tsangpo better?

A) Ganges	B) Brahmaputra
C) Mahanadi	D) Sutlej

Answer & Explanation Answer: B) Brahmaputra

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 1101

Q:

On which date is India likely to experience the shortest day?

A) December 22	B) March 21
C) June 22	D) September 23

Answer & Explanation Answer: A) December 22

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

0 1100

Q:

The astronomer who discovered planet Pluto was ___.

A) Sylvain Arend	B) Joseph Asbrook
C) Edwin Hubble	D) Clyde Tombaugh

Answer & Explanation Answer: D) Clyde Tombaugh

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

2 1100

Q:

According to Indian Constitution, there are three organs of government. Which among the following is/are NOT an organ/organs of it?

I. The legislature

II. The Media

III. The Judiciary

A) Only I	B) Only II
C) Only III	D) Only I and III

Answer & Explanation Answer: B) Only II

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1100

Q:

Slave Dynasty was founded by

A) Qutbuddin Aibak	B) Mahmud Ghazni
C) Muhammad Ghori	D) Razia Sultana

Answer & Explanation Answer: A) Qutbuddin Aibak

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

1 1100

Q:

Kakori train robbery was organized by the ___ in 1925.

A) Swaraj Party	B) Indian National Congress
C) Anushilan Samiti	D) Hindustan Republican Association

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