Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50	B) Rs 850
C) Rs 800	D) Rs 100

Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities	B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities	D) current liabilities and long-term liabilities

Answer & Explanation Answer: D) current liabilities and long-term liabilities

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The word development in economics pertains to

A) democratic countries	B) third world countries
C) advanced countries	D) undeveloped countries

Answer & Explanation Answer: B) third world countries

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the action of dry HCl gas on dry litmus paper?

A) Blue litmus paper turns white	B) Blue or red litmus paper does not change its colour
C) Blue litmus paper turns red	D) Red litmus paper turns blue

Answer & Explanation Answer: B) Blue or red litmus paper does not change its colour

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Name the professional Indian basketball player who became the first ever player to be drafted from India into the National Basketball Association (NBA).

A) SatnamSingh Bhamara	B) Akilan Pari
C) Yadwinder Singh	D) Ajmer Singh

Answer & Explanation Answer: A) SatnamSingh Bhamara

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Filed Under: Sports
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 June 2017, who has become the first local body in the country to issue ‘municipal bonds’ in nearly one and a half decade?

A) Municipal Corporation of Mumbai	B) Municipal Corporation of Pune
C) Municipal Corporation of Delhi	D) Municipal Corporation of Kolkata

Answer & Explanation Answer: B) Municipal Corporation of Pune

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which of the following events is NOT considered for the time being of Viceroy Lord Lytton?

A) Afghan War	B) Burma war
C) Arms Act	D) Press Act

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