Q:

What does ‘J’ stand in ‘UJALA’ scheme being undertaken by the Energy Efficiency Services Limited (EESL)?

A) Jeevan	B) Jyoti
C) Jagriti	D) Jagran

Answer & Explanation Answer: B) Jyoti

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200	B) Rs 9000
C) Rs 14400	D) Rs 19800

Answer & Explanation Answer: C) Rs 14400

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost.	B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota.	D) constitutes a general case for permanent tariffs.

Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

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Q:

The major objective of monetary policy is to

A) increase government's tax revenue	B) revamp the Public Distribution System
C) Promote economic growth with price stability	D) weed out corruption in the economy

Answer & Explanation Answer: C) Promote economic growth with price stability

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Q:

Ping-pong Diplomacy is related to which of the following countries?

A) Myanmar	B) Japan
C) China	D) Taiwan

Answer & Explanation Answer: C) China

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Q:

The Dr. B. C. Roy awards, instituted in 1962, are given to eminent achievers primarily from which field?

A) Medicine	B) Law
C) Sports	D) Journalism

Answer & Explanation Answer: A) Medicine

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Filed Under: Honours and Awards
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Q:

The annual award of 'Gandhi Peace Prize' is given to

A) Individuals only	B) Institutions only
C) Individuals and institutions	D) Group of institutions

Answer & Explanation Answer: C) Individuals and institutions

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Exam Prep: Bank Exams

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Q:

Which Indian chief minister was awarded the "Transformative Chief Minister Award" by US-India Business Council (USIBC) in 2017?

A) K. Chandrashekhar Rao	B) Naveen Patnaik
C) Siddaramaiah	D) Chandrababu Naidu

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