Q:

What does cyclical unemployment mean?

A) Unemployment during recessionary phase of trade cycle	B) Disguised unemployment
C) Seasonal unemployment	D) Voluntary unemployment

Answer & Explanation Answer: A) Unemployment during recessionary phase of trade cycle

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of these is the best description of fixed expenses?

A) Insurance	B) Payment on loans
C) Rent	D) All the above

Answer & Explanation Answer: D) All the above

Explanation:

Fixed expenses are those expenses that do not change when there is a change in production or sales level.

Examples of Fixed Expenses are rent, insurance, payment on loans, salaries, advertising, etc...

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Q:

The agricultural price support program is an example of ___________.

A) a price ceiling	B) a price floor
C) equilibrium pricing	D) No option is correct

Answer & Explanation Answer: B) a price floor

Explanation:

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Q:

Which of the statements given below are correct?

A) Grigor Dimitrov won the Tennis 2017 ATP World Tour Finals Men's Singles.

B) In 2017, Sergio Aguero played for the Premier League team Liverpool.

C) In 2017, Rohit Sharma captained the IPL team Mumbai Indians.

A) Both A and C	B) Both A and B
C) A, B and C	D) None of these

Answer & Explanation Answer: A) Both A and C

Explanation:

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Filed Under: Sports
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Q:

Govind Ballabh Pant, was the first Chief Minister of which state?

A) Goa	B) Himachal Pradesh
C) Uttar Pradesh	D) Gujarat

Answer & Explanation Answer: C) Uttar Pradesh

Explanation:

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Filed Under: Famous Personalities
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Q:

Which of following sectors does NOT come under tertiary sector?

A) Electricity	B) Business Services
C) Transport	D) Trade

Answer & Explanation Answer: A) Electricity

Explanation:

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Q:

The story of vitamins dates back to

A) 15th century	B) 16th century
C) 17th century	D) 18th century

Answer & Explanation Answer: D) 18th century

Explanation:

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Filed Under: Biology

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Q:

In which of the following fields was Prof. Richard H. Thaler awarded the Nobel Prize 2017?

A) Physics	B) Chemistry
C) Literature	D) Economics

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