Questions

Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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

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Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate D) the market place powers all its own laws
 
Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following is NOT an example of potential energy?

A) Running water B) Water stored in a dam
C) A raised hammer D) A compressed spring
 
Answer & Explanation Answer: A) Running water

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

India’s first Labour Movement Museum is to be launched in which state/UT?

A) Kerala B) Andhra Pradesh
C) West Bengal D) Tamil Nadu
 
Answer & Explanation Answer: A) Kerala

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who fought Ahmad Shah Abdali at the third battle of Panipat?

A) Mughals B) Lodhis
C) Marathas D) Khiljis
 
Answer & Explanation Answer: C) Marathas

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: But when it comes to negative human rights reports or one on the environment, it rubbishes them.
Q: This kind of behaviour isn’t going to solve the problem.
R: Every government is quick to accept reports that give it a pat on the back – as the Indian government was after the latest ease of doing business report.
S: No government likes negative reports on its performance.

A) RSPQ B) PRSQ
C) SRPQ D) RPSQ
 
Answer & Explanation Answer: C) SRPQ

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Filed Under: English
Exam Prep: Bank Exams

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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.

 

The ___________ conversation-starter cultivated by years of ostentatious ___________ society is a simple ‘how do you do?’ followed by a polite shaking of hands and an optional comment on the weather. But aside __________ the mental trauma this ritual causes to those unfortunate souls who suffer from clammy hands, it also doesn’t provide much incentive to go on. Fascinating as the weather can be from time _________ time, one can speak only so much about the ____________ of the sun and express sympathy towards the depressions the Bay of Bengal faces.

 

from time _________ time, one

 

A) to B) at
C) so D) is
 
Answer & Explanation Answer: A) to

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

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