Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50%	B) 4.20%
C) 3.00%	D) 2.50%

Answer & Explanation Answer: A) 3.50%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

Explanation:

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Filed Under: Indian Economy
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Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram	B) Nagaland
C) Meghalaya	D) Arunachal Pradesh

Answer & Explanation Answer: A) Mizoram

Explanation:

Scheduled Tribes

State with highest proportion of Scheduled Tribes Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes Goa (0.04 %)

UT with highest proportion of Scheduled Tribes Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes A & N Islands (8.3 %)

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Considering about these facts	B) the principal has offered
C) him a seat	D) No error

Answer & Explanation Answer: A) Considering about these facts

Explanation:

The error is in first part. ‘Considering’ is a preposition that relates the facts to the principal and hence does not need to be followed by another preposition ‘about’. A preposition like ‘considering’ should be followed by a pronoun like ‘these’ in this case. The use of about is unnecessary and shall be omitted. The sentence indicates that the principal offered him a seat only after considering certain facts.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero	B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive	D) When total utility is maximum,marginal and average utility are equal to each other.

Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Filed Under: Indian Economy
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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill seeks to revise the pension for Chief Justice of India to a maximum of how much amount per annum?

A) Rs 16,80,000	B) Rs 20,80,000
C) Rs 25,80,000	D) Rs 10,80,000

Answer & Explanation Answer: A) Rs 16,80,000

Explanation:

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Filed Under: Indian Politics
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Q:

Who is the newly appointed Foreign Secretary of India who took charge in early 2018?

A) Vijay Keshav Gokhale	B) Usha Rani
C) Nitin Kumar Yadav	D) Rajni Sekhri Sibal

Answer & Explanation Answer: A) Vijay Keshav Gokhale

Explanation:

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Q:

An object having a mass 'm' moving with a velocity 'v' possesses a kinetic energy 'K'. If its velocity is doubled, its kinetic energy will become:

A) K/2	B) 2K
C) 4K	D) K/4

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