Q:

Yerwada Jail is in

A) Mumbai	B) Pune
C) Goa	D) Nagpur

Answer & Explanation Answer: B) Pune

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January	B) March
C) July	D) September

Answer & Explanation Answer: C) July

Explanation:

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Filed Under: Indian Economy
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of thefour alternatives.

Teachers ____________ the country require proper training at the appropriate time in their careers. On account of the unique occupational dynamic, together _________the constant pressure to address the growing expectations of society and the ______________ of teaching pedagogy, teachers need to be engaged in continual re-examination of their role. This cannot be achieved unless they incorporate the subjects as varied ________ applied ethics, human psychology, spirituality, ____________values, peace studies, and organisational behaviour.

society and the ______________ of teaching pedagogy,

A) effective	B) effectively
C) effectiveness	D) effectives

Answer & Explanation Answer: C) effectiveness

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Filed Under: English
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Q:

Who is the author of the book titled "Walking With The Comrades"?

A) Shashi Tharoor	B) Arundhati Roy
C) Ramchandra Guha	D) Anuradha Roy

Answer & Explanation Answer: B) Arundhati Roy

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Filed Under: Books and Authors
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Q:

As of February 2018, which Indian Paediatrician has been appointed as the Deputy Director General (Programmes) in the World Health Organisation (WHO)?

A) Dr. Indira Hinduja	B) Dr. SI Padmavati
C) Dr. Kamini Rao	D) Dr. Soumya Swaminathan

Answer & Explanation Answer: D) Dr. Soumya Swaminathan

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Filed Under: Famous Personalities
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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers	B) Income of consumers remains constant
C) Consumers are affected by demonstration effect	D) There are no changes in the price of substitute goods.

Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line.	B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one.	D) APS is positive at all income levels.

Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

Explanation:

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Q:

Which of the following hormone is not secreted by pituitary gland?

A) Thyroid-stimulating hormone (TSH)	B) Prolactin
C) Vasopressin	D) Somatostatin

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