Questions

Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates B) will have no effect on interest rates
C) will increase supply of loanable funds D) will put upward pressure on interest rates
 
Answer & Explanation Answer: D) will put upward pressure on interest rates

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which   one   of   the   following   statements relating  to  protection  against arrest  and detention  of  individuals  under  Article  22  is not correct?

A) No  person  who  is  arrested  shall  be detained   in   custody   without   being informed   of   the   grounds   for   such arrest. B) No  person  shall  be  denied  the  right  to consult,  and  be  defended  by,  a  legal practitioner of his/her choice.
C) Every   person   who   is   arrested   and detained  in  custody  shall  be  produced before  the  nearest  magistrate  within  a period of one week of suc D) The  right  to  protection  against  is  not available to a person in jail pursuant to a judicial order.
 
Answer & Explanation Answer: C) Every   person   who   is   arrested   and detained  in  custody  shall  be  produced before  the  nearest  magistrate  within  a period of one week of suc

Explanation:

Every  person  who  is  arrested  and detained    in    custody    shall    be produced    before    the    nearest magistrate   within   a   period   of twenty-four  hours  of  such  arrest excluding  the  time  necessary  for the   journey   from   the   place   of arrest    to    the    court    of    the magistrate   and   no   such   person shall    be    detained    in    custody beyond the said period without the authority of a magistrate.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Definition of Force can be stated from:

A) Newton's second law of motion B) Newton's first law of motion
C) Newton's third law of motion D) Newton's law of gravitation
 
Answer & Explanation Answer: D) Newton's law of gravitation

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which Indian Maharashtra Company has been the title sponsor of Hockey India League since 2016?

A) Gas Authority of India (GAIL) B) National Thermal Power Corporation (NTPC)
C) Coal India Limited (CIL) D) Oil and Natural Gas Corporation (ONGC)
 
Answer & Explanation Answer: C) Coal India Limited (CIL)

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

As of February 2018, who is the coach of Rio Olympics silver medal winner PV Sindhu?

A) Prakash Padukone B) Pullela Gopichand
C) Akhtar Ali D) Vikram Bisht
 
Answer & Explanation Answer: B) Pullela Gopichand

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Filed Under: Sports
Exam Prep: Bank Exams

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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 the four alternatives.

 

Let us examine the facts in the case more ____________. First of all, language is no more ____________ a medium; it is like air to the creatures of the land or water to fishes. If it is perfectly clear and pure, we do not notice it any more than we notice pure air when the sun is shining ________ a clear sky, or the taste of pure cool water when we drink a glass __________ a hot day. Unless the sun is shining, there is no brightness; unless the water is cool, there is __________ refreshment.

 

sun is shining ________ a clear sky,

 

A) inside   B) in  
C) into   D) inner
 
Answer & Explanation Answer: B) in  

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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