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Q:

Which of the following best defines free trade?

A) Imports are discouraged B) There are no restrictions on exports and imports  
C) There are no duties levied on export   D) Imported goods are made duty free  
 
Answer & Explanation Answer: B) There are no restrictions on exports and imports  

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Filed Under: Indian Economy
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Q:

If Money supply growth is faster than real GDP growth, it results in _____.

A) Inflation B) deflation
C) budget surplus D) budget deficit
 
Answer & Explanation Answer: A) Inflation

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Filed Under: Indian Economy
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Q:

In each of the following question below are given some statements followed by some conclusions. Taking the given statements to be true even if they seem to be at variance from commonly known facts, read all the conclusions and then decide which of the given conclusion logically follows the given statements.

Statements:

I. Some pens are pencils.
II. All pencils are erasers.

Conclusions:

I. Some pens are erasers.
II. No pens are erasers.
III. Some erasers are pencils

A) Only conclusion (II) follows. B) Only conclusion (I) and (II) follow
C) Only conclusion (I) and (III) follow D) No conclusion follows
 
Answer & Explanation Answer: C) Only conclusion (I) and (III) follow

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Filed Under: Verbal Reasoning - Mental Ability
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Q:

Who won the 2017 Women's Hockey Asia Cup held in Japan?

A) China B) India
C) Japan D) South Korea
 
Answer & Explanation Answer: B) India

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Financial reports are used by

A) Investors B) Creditors
C) Market Analysts D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Financial reports are used for monitoring and controlling the movement of cash into and out of a business. They are used to communicate relevant, reliable and understandable information about the business that can be used by managers, analysts, investors to make decisions. 

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Filed Under: Indian Economy
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Q:

In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?

A) Food processing B) Petro-chemical
C) Chemicals other than fertilizers D) Telecommunications
 
Answer & Explanation Answer: D) Telecommunications

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Q:

Who is the Fortune's Businessperson of the Year 2020?

A) Jensen Huang B) Ajay Banga
C) Elon Musk D) Tim Cook
 
Answer & Explanation Answer: C) Elon Musk

Explanation:

The CEO of Tesla & SpaceX, Elon Musk tops the list of the Fortune's Businessperson of the Year 2020. He achieved this spot for the second time.

 

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Filed Under: General Awareness
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Q:

 On 2 January 2018, Parliament Passed Insolvency and Bankruptcy Code (IBC) amendment Bill, 2017. The Bill seeks to amend ______.

A) IBC, 2015 B) IBC, 2016
C) IBC, 2014 D) IBC, 2013
 
Answer & Explanation Answer: B) IBC, 2016

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Filed Under: Indian Politics
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