Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent	B) 12.5 percent
C) 10 percent	D) 15 percent

Answer & Explanation Answer: B) 12.5 percent

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist.	B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole.	D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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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 quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

_____have attempted to define a happy life

A) Professors	B) Thinkers
C) Researchers	D) Scientists

Answer & Explanation Answer: B) Thinkers

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The kinetic energy of a ball weighing 0.5 kg moving with a velocity of 4 m/s will be

A) 16 J	B) 4 J
C) 8 J	D) 12 J

Answer & Explanation Answer: B) 4 J

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The pressure inside the cabin of the aircraft flying at an altitude is

A) The same as that outside	B) Less than that outside
C) More than that outside	D) Normal atmospheric pressure at sea level

Answer & Explanation Answer: C) More than that outside

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

India-born Satya Nadella is the Chief Executive Officer (CEO) of which of the following companies?

A) Dell	B) Amazon
C) Microsoft	D) Google

Answer & Explanation Answer: C) Microsoft

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Which of the following increased in the 1920's?

A) Farmers' debt	B) Domestic demand for U.S. farm products
C) Prices for farm productsc)	D) Foreign demand for U.S. farm products

Answer & Explanation Answer: A) Farmers' debt

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which was the capital of the first Sri Lankan kingdom?

A) Jaffna	B) Polonnaruwa
C) Anuradhapura	D) Kandy

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