Questions

Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan B) Bangladesh
C) India D) China
 
Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Filed Under: General Awareness

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Q:

Which institute launches Bharat Inclusive Initiative?

A) IIT Bombay B) IIM Ahmedabad
C) IIT Kharagpur D) IIM Calcutta
 
Answer & Explanation Answer: B) IIM Ahmedabad

Explanation:

IIM Ahmedabad launches Bharat Inclusive Initiative.
IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched a Bharat Inclusion Initiative to build knowledge and foster innovation and entrepreneurial activity across areas such as financial inclusion, livelihood, education and
health. Centre for Innovation Incubation and Entrepreneurship (CIIE) at IIM Ahmedabad helps entrepreneurs turn ideas into viable businesses.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the local name given to the parliament of Pakistan?

A) Majilis B) Majilis-e-Shoora
C) Saeima-e-majilis D) Jatia Parliament
 
Answer & Explanation Answer: B) Majilis-e-Shoora

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following leaders formed 'India Home Rule Society'?

A) Shyamji Krishna Varma B) Annie Besant
C) Lala Hardayal D) Bal Gangadhar Tilak
 
Answer & Explanation Answer: A) Shyamji Krishna Varma

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

 

A) Acquittied B) Acquitted  
C) Ecquited D) Acqiuteed
 
Answer & Explanation Answer: B) Acquitted  

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

So, in asking you to consider the processes of reasoning we are ________ assuming that you never have reasoned--_________ the contrary we are fully aware that you in connection __________ every other person, have reasoned all your mature life. That is not the question. While everyone reasons, the fact is __________ true that the majority of persons reason incorrectly. Many persons reason ______________ lines far from correct and scientific, and suffer therefor and thereby.

 

that you in connection __________ every other person,

 

A) with B) of
C) for D) from
 
Answer & Explanation Answer: A) with

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Barbarous

 

A) Refined B) Polite  
C) Crude   D) Civilized
 
Answer & Explanation Answer: C) Crude  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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