Questions

Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production D) No option is correct
 
Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Filed Under: Indian Economy
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Q:

The Figitive Economic Offenders Bill 2017 was passed by which ministry?

A) Finance Ministry B) Commerce Ministry
C) Labour Ministry D) Law Ministry
 
Answer & Explanation Answer: A) Finance Ministry

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Filed Under: Indian Politics
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Q:

The centre of the reflecting surface of a spherical mirror is called the

A) radius B) centre of curvature
C) pole D) focus
 
Answer & Explanation Answer: C) pole

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Prime Minister Narendra Modi has released two commemorative coins of denominations Rs. 125 & Rs. 10 as a mark of tribute to whom?

A) Abdul Kalam B) Mahatma Gandhi
C) Dr. Rajendra Prasad D) B.R. Ambedkar
 
Answer & Explanation Answer: D) B.R. Ambedkar

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Filed Under: General Awareness
Exam Prep: Bank Exams

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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
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
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Q:

In the following question, select the odd letter/letters from the given alternatives.

A) SW B) GK
C) FJ D) DG
 
Answer & Explanation Answer: D) DG

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Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry B) Reserve Bank of India
C) Treasury D) Currency Printing Presses
 
Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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