Questions

Q:

If Money supply growth is faster than real GDP growth, it results in _____.

A) Inflation B) deflation
C) budget surplus D) budget deficit
 
Answer & Explanation Answer: A) Inflation

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

 

I had to stop all my work to complete this project.

A) All other work had to be stopped to complete this project by me. B) For completing this project all other work must be stopped.
C) For completing this project I had to stop all my work. D) To complete this project all other work had been stopped by me.
 
Answer & Explanation Answer: D) To complete this project all other work had been stopped by me.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

How many full member teams were in ICC Cricket World Cup T20 - 2016 other than the host country?

A) Seven B) Eight
C) Nine D) Ten
 
Answer & Explanation Answer: C) Nine

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

How  many  medals were  won  by  India  in 2016 Summer Olympics?

A) One silver and one Bronze B) Two Gold
C) Two Bronze D) None
 
Answer & Explanation Answer: A) One silver and one Bronze

Explanation:

India    competed    at    the    2016 Summer    Olympics    in    Rio    de Janeiro,   Brazil,   from   5   to   21 August   2016.   The   Indian   roster featured  three  Olympic  medallists from  London,  including  badminton star     Saina     Nehwal,     freestyle wrestler  and  four-time  Olympian Yogeshwar  Dutt,  and  rifle  shooter Gagan   Narang.   Medals   Ranked 67th:  Gold  0,  Silver  1,  Bronze  1, Total  2  Competitors:  117  in  15 sports

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Financial reports are used by

A) Investors B) Creditors
C) Market Analysts D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Financial reports are used for monitoring and controlling the movement of cash into and out of a business. They are used to communicate relevant, reliable and understandable information about the business that can be used by managers, analysts, investors to make decisions. 

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Filed Under: Indian Economy
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Q:

How many agreements have been signed by India and Israel in July 2017?

A) 5 B) 7
C) 9 D) 11
 
Answer & Explanation Answer: B) 7

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

 On 2 January 2018, Parliament Passed Insolvency and Bankruptcy Code (IBC) amendment Bill, 2017. The Bill seeks to amend ______.

A) IBC, 2015 B) IBC, 2016
C) IBC, 2014 D) IBC, 2013
 
Answer & Explanation Answer: B) IBC, 2016

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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