Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50%	B) 8%
C) 10%	D) 15%

Answer & Explanation Answer: A) 12.50%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1114

Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Acquittied	B) Acquitted
C) Ecquited	D) Acqiuteed

Answer & Explanation Answer: B) Acquitted

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

0 1114

Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan	B) Bangladesh
C) India	D) China

Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Filed Under: General Awareness

1 1114

Q:

Which institute launches Bharat Inclusive Initiative?

A) IIT Bombay	B) IIM Ahmedabad
C) IIT Kharagpur	D) IIM Calcutta

Answer & Explanation Answer: B) IIM Ahmedabad

Explanation:

IIM Ahmedabad launches Bharat Inclusive Initiative.
IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched a Bharat Inclusion Initiative to build knowledge and foster innovation and entrepreneurial activity across areas such as financial inclusion, livelihood, education and
health. Centre for Innovation Incubation and Entrepreneurship (CIIE) at IIM Ahmedabad helps entrepreneurs turn ideas into viable businesses.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the local name given to the parliament of Pakistan?

A) Majilis	B) Majilis-e-Shoora
C) Saeima-e-majilis	D) Jatia Parliament

Answer & Explanation Answer: B) Majilis-e-Shoora

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following is a characteristic of an exothermic reaction?

A) Release of heat	B) Absorption of heat
C) Doesn't involve any change in temperature	D) None of the option is correct

Answer & Explanation Answer: A) Release of heat

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

0 1113

Q:

The work done in one complete revolution of the moon around the earth is equal to

A) centripetal force x radius of the orbit of the moon	B) gravitational force x circumference of the orbit of the moon
C) gravitational force x diameter of the orbit of the moon	D) zero

Answer & Explanation Answer: D) zero

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Two particles with charges q1 and q2 are kept at a certain distance to exert force F on each other. If the distance is reduced to one-fifth, then the force between them is

A) F/25	B) 5F
C) F/5	D) 25F

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