Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods	B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production	D) No option is correct

Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Ram Nath Kovind, the Indian President as of February 2018, hails from which state?

A) Punjab	B) Uttar Pradesh
C) Gujarat	D) Rajasthan

Answer & Explanation Answer: B) Uttar Pradesh

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Filed Under: Indian Politics
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Q:

Which Part of Indian Constitution contains Article 368 that gives power to the Parliament to do constitutional amendments?

A) Part XX	B) Part VII
C) Part XXII	D) Part IX

Answer & Explanation Answer: A) Part XX

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Filed Under: Indian Politics
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Q:

Which Ministry launched a campaign for Diwali - "Local4Diwali"?

A) Ministry of Textiles	B) Minister of Commerce and Industry
C) Ministry of Home Affairs	D) Ministry of Agriculture & Farmers Welfare

Answer & Explanation Answer: A) Ministry of Textiles

Explanation:

The Ministry of Textiles launched a campaign for Diwali - "Local4Diwali" to promote the Indian handicraft which is the cultural heritage of the country.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs	B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs.	D) there would neither be scarcity nor opportunity costs

Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Filed Under: Indian Economy
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Q:

Which of the following classifications is based on atomic numbers?

A) Mendeleev's Periodic Table	B) Modern Periodic Table
C) Newlands Law of Octaves	D) Dobereiner's Law of Triads

Answer & Explanation Answer: B) Modern Periodic Table

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Filed Under: Chemistry
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Q:

Rupee 5 and 10 coins are now made of

A) Ferritic stainless steel	B) Silver and steel
C) Cupro nickel alloy	D) Copper and brass

Answer & Explanation Answer: C) Cupro nickel alloy

Explanation:

The copper nickel alloys composed of copper with 25% nickel with 0.05-0.4% manganese is commonly used for the manufacture of coins, medals and other semi valuable applications.

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Irfaan loves black coffee. A roadside stall selling a cup of black coffee at Rs. 120, offered 25% discount to Irfaan. If Irfaan was willing to pay even Rs. 200 for this cup of black coffee, Irfaan's consumer surplus is

A) 90	B) 80
C) 30	D) 110

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