Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place	B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate	D) the market place powers all its own laws

Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 1094

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

1 1094

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

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Filed Under: Indian Economy

0 1094

Q:

In terms of economics, if it is possible to make someone betteroff without making someone worseoff, then the situation is

A) Inefficient	B) Efficient
C) Optimal	D) Paretosuperior

Answer & Explanation Answer: D) Paretosuperior

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1094

Q:

Which part of the brain plays an important role in motor control?

A) Cerebellum	B) Cerebrum
C) Medulla	D) Pons

Answer & Explanation Answer: A) Cerebellum

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Filed Under: Biology
Exam Prep: Bank Exams

1 1094

Q:

Which of the following regions has the highest potential for wind energy?

A) The Deccan Plateau	B) Gangetic planes
C) Western Ghats	D) The Himalayas

Answer & Explanation Answer: C) Western Ghats

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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 1094

Q:

Where is the tomb of Mughal Emperor Jahangir in Pakistan?

A) Islamabad	B) Hyderabad
C) Lahore	D) Karach

Answer & Explanation Answer: C) Lahore

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Filed Under: Indian History

1 1094

Q:

Who wrote the book, 'Indian Home Rule'?

A) M K Gandhi	B) Jawaharlal Nehru
C) Subhash Chandra Bose	D) Babasaheb Ambedkar

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