Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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

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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

NOA, PQB, RSC, ?

A) TUD B) TVD
C) TUE D) TVE
 
Answer & Explanation Answer: A) TUD

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Q:

The question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.
Statement:

Should women be allowed into combat arms if they meet all standards?
Arguments:
I. Yes, women have already proven competence in combat – they have already been exposed to combat in Iraq and Afghanistan, so it makes no sense to officially continue excluding them.
II. No, the average female is physically weaker than the average male.

A) Only argument I is strong B) Only argument II is strong
C) Either I or II is strong D) Neither I nor II is strong and
 
Answer & Explanation Answer: A) Only argument I is strong

Explanation:

Argument I is strong as it gives a proper reason as to why women should be included in combat arms – because they have already worked in this area in Iraq and other places and so it makes sense to include them officially. Argument II is weak because it talks about a general scenario in comparing an average female with an average male.
However, what if a woman with exceptional athletic ability and toughness can meet and even exceed the standards currently set for male troops, on what basis should she be denied entry into combat arms? Therefore, option 1 is the correct answer.

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Q:

When a person can see only nearby objects, the condition is called

A) Hypermetropia B) Astigmatism
C) Myopia D) Retinopathy
 
Answer & Explanation Answer: C) Myopia

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

What is caloric stimulation test?

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Subject: Biology Exam Prep: Bank Exams

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Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

 

A) Rs 3.11 lakh crore B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore D) Rs 7 lakh crore
 
Answer & Explanation Answer: C) Rs 2.11 lakh crore

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Filed Under: General Awareness
Exam Prep: Bank Exams

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