Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party	B) Andhra Pride Party
C) Telugu Desam Party	D) Praja Rajyam Party

Answer & Explanation Answer: D) Praja Rajyam Party

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Q:

Which country, on 25 October 2017 announced that it would be introduced a minimum wage for workers?

A) Bahrain	B) Kuwait
C) Oman	D) Qatar

Answer & Explanation Answer: A) Bahrain

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Q:

Ayodhya Airport in Uttar Pradesh is set to be renamed as

A) Purushottam Sri Ram Airport	B) Sri Ram Airport
C) Maryada Purushottam Sri Ram Airport	D) Ayodhya Purushottam Sri Ram Airport

Answer & Explanation Answer: C) Maryada Purushottam Sri Ram Airport

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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price	B) Commodities are bought and sold at retail price
C) Securities are bought and sold	D) None of these

Answer & Explanation Answer: C) Securities are bought and sold

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Q:

Lorenz curve shows

A) Inflation	B) Unemployment
C) Income distribution	D) Poverty

Answer & Explanation Answer: C) Income distribution

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50	B) Rs 850
C) Rs 800	D) Rs 100

Answer & Explanation Answer: B) Rs 850

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Q:

"Residex Index" is associated with which of these?

A) Share Prices	B) Mutual Fund Prices
C) Price Inflation Index	D) Housing Prices

Answer & Explanation Answer: D) Housing Prices

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Exam Prep: Bank Exams , CAT

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities	B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities	D) current liabilities and long-term liabilities

Answer & Explanation Answer: D) current liabilities and long-term liabilities

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