Questions

Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods B) Capital goods
C) Veblen goods D) Giffen goods
 
Answer & Explanation Answer: D) Giffen goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Dhola-Sadiya Bridge, dedicated to the nation by Prime Minister Narendra Modi, is built across which river?

A) Narmada River B) Yamuna River
C) Lohit River D) Ganges River
 
Answer & Explanation Answer: C) Lohit River

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following is a book written by Shashi Tharoor?

A) It's Not About You B) Invisible People
C) An Era of Darkness D) Democrats and Dissenters
 
Answer & Explanation Answer: C) An Era of Darkness

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Who awarded the Kaisar-i-Hind medal of the British to Mahatma Gandhi for his contribution to ambulance services in South Africa?

 

A) Lord Dalhousie B) Lord Canning
C) Lord Hardinge D) Lord Curzon
 
Answer & Explanation Answer: C) Lord Hardinge

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

From the given words, select the word which cannot be formed using the letters of the given word. ALTERNATIVES

A) ALTER B) NATIVE
C) TEN D) NATIONAL
 
Answer & Explanation Answer: D) NATIONAL

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Q:

"Trade unions" is listed in the __________ list given in the Seventh Schedule of the Constitution of India.

A) Union B) State
C) Global D) Concurrent
 
Answer & Explanation Answer: D) Concurrent

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan B) Bangladesh
C) India D) China
 
Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Filed Under: General Awareness

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