Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus	B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus	D) Rs 8000 worth of producer surplus

Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5	B) 1
C) 2.5	D) 8

Answer & Explanation Answer: B) 1

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following metals does NOT react with Oxygen even at a high temperature?

A) Silver	B) Lead
C) Aluminium	D) Zinc

Answer & Explanation Answer: A) Silver

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

According to Newlands' law of Octaves, how many elements exist in nature?

A) 56	B) 66
C) 55	D) 65

Answer & Explanation Answer: A) 56

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Which team won the 2016 Champions Trophy Men's Hockey tournament defeating India in the finals in London?

A) Netherlands	B) Australia
C) USA	D) Spain

Answer & Explanation Answer: B) Australia

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Released in 2016, which of the following is the first Malayalam movie to cross the 100-crore revenue mark?

A) Drishyam	B) Oru Vadakkan Selfie
C) Pulimurugan	D) Premam

Answer & Explanation Answer: C) Pulimurugan

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961	B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990	D) No option is correct

Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Botanical Survey of India has discovered a new species of parasitic flowering plant Gleadovia Konyakianorum named in the honour of which community?

A) Toda	B) Caddo
C) Nagas	D) Tobu

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