Questions

Q:

In July 2017, the Central Government has set the investment limit per fiscal year for ‘Hindu Undivided Family’ to ______ kg under ‘Sovereign Gold Bonds Scheme’.

A) 2 B) 10
C) 4 D) 15
 
Answer & Explanation Answer: C) 4

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

India has designed and developed pilotless target aircrafts named ___ and made successful test flight of its unmanned air vehicle (UAV).

 

1. Nishant

2. Lakshya

3. Astra

 

A) Only 2 B) Only 1
C) Only 2 & 3 D) Only 1 & 2
 
Answer & Explanation Answer: D) Only 1 & 2

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Filed Under: General Science
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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party B) Andhra Pride Party
C) Telugu Desam Party D) Praja Rajyam Party
 
Answer & Explanation Answer: D) Praja Rajyam Party

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Filed Under: Indian Politics
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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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Filed Under: Indian Economy
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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Filed Under: Indian Economy
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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: They feel that during their time, young boys and girls were better behaved, more obedient, and had greater respect for their elders.
Q: Young people on the other hand, feel that they are capable enough to learn on their own rather than lean heavily on the older generation for any guidance.
R: The people belonging to the older generation always wonder as to what has gone wrong with the new generation.
S: They feel that a lack of respect for the old will ruin and spell disaster for the young.

 

A) PRSQ B) SPQR
C) PRQS D) RPSQ
 
Answer & Explanation Answer: D) RPSQ

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Filed Under: English
Exam Prep: Bank Exams

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Q:

With the participation in the Rio Olympics who has become the first tennis player in the world to have 7 appearances in Olympics?

A) Martina Navratilova B) Serena Williams
C) Leander Paes D) Roger Federer
 
Answer & Explanation Answer: C) Leander Paes

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Filed Under: Sports

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