Q:

Which one of the following is not a component of Revenue Receipts of the Union Government?

A) Corporate tax receipts	B) Dividends and profits
C) Disinvestment receipts	D) Interest receipts

Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue receipts are regular source of Government of India, but Disinvestment receipts are not regular source of Income of Government and all other given are regular

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

Explanation:

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Q:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic	B) Demand is inelastic
C) The product can be differentiated	D) The product can be homogenous.

Answer & Explanation Answer: C) The product can be differentiated

Explanation:

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45	B) 0.55
C) 2	D) 1.25

Answer & Explanation Answer: B) 0.55

Explanation:

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Q:

The principles of internal control include

A) Maintain Records	B) Segregate of Duties
C) Mandatory Employee Rotation	D) All the above

Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.

The main internal control principles include:

Establish Responsibilities
Maintain Records
Insure Assets by Bonding Key Employees
Segregate of Duties
Mandatory Employee Rotation
Split Related Party Responsibility
Use Technological Controls
Perform Regular Independent Reviews

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Q:

Rajaji National Park is in ___.

A) Tamil Nadu	B) Uttarakhand
C) Karnataka	D) Kerala

Answer & Explanation Answer: B) Uttarakhand

Explanation:

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Filed Under: Indian Geography
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Q:

Who is the Amrut Yojana Scheme named after? (initiative to meet the nutrition needs of pregnant, lactating women in the tribal areas)

A) Mahatma Gandhi	B) Abdul Kalam
C) BR Ambedkar	D) Indira Gandhi

Answer & Explanation Answer: B) Abdul Kalam

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In September 2017, a Nation Wide campaign was launched to sensitise women about the preventive care for cancer. The theme of this Campaign was‘Nurturing the Nurturer’. Who launched this Campaign?

A) Anupriya Patel	B) Rajiv Gauba
C) Hasmukh Adhiya	D) Injeti Srinivas

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