Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly	B) Half-yearly
C) Quarterly	D) Bi-Monthly

Answer & Explanation Answer: C) Quarterly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

On which river's bank is Panaji located?

A) Mandovi	B) Zuari
C) Sal	D) Terekhol

Answer & Explanation Answer: A) Mandovi

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following is a CORRECT statement?

A) Only compounds are pure substance	B) Compounds are impure substance
C) Only elements are pure substance	D) Both compounds and elements are pure substance

Answer & Explanation Answer: D) Both compounds and elements are pure substance

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following elements replaced eka-Aluminium in Mendeleev's Periodic table?

A) Scandium	B) Gallium
C) Titanium	D) Germanium

Answer & Explanation Answer: B) Gallium

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India	B) IDBI Bank
C) United Bank of India	D) Indian Bank

Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

What is the role of "Ombudsman" in a bank?

A) To provide quality and speedy redressal of grievances of customers.	B) To provide suggestions for innovative schemes in the banks.
C) To inspect the internal working of the branches.	D) To monitor the poverty alleviation programmes

Answer & Explanation Answer: A) To provide quality and speedy redressal of grievances of customers.

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

English may be a foreign

A-countries, but not for

B-those from India

C-language for students from other

A) BCA	B) CAB
C) BAC	D) ACB

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