Analyst Questions

The Vijaya Stambha is an imposing victory monument located within Chittor Fort in Chittorgarh, Rajasthan, India. The tower was constructed by the Mewar king, Rana Kumbha, in 1448 to commemorate his victory over the combined armies of Malwa and Gujarat led by Mahmud Khilji.

The Reserve Bank of India has imposed a penalty of Rs 5 crore on Karur Vysya Bank for non-compliance of its directives on Income Recognition and Asset Classification (IRAC).

Economic resources are those goods and services that can be converted into valuable products for individual and business purposes.

There are four major types of economic resources:

1. land,

2. labor,

3. capital and

4. entrepreneurship.

Land and labor are natural and human resources, while capital means physical resources or money.

Entrepreneurship converts these resources into usable goods.

However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

Farsightedness is more properly called Hyperopia.

Federalism ::

Federalism is a system based upon democratic rules and institutions in which the power to govern is shared between national and provincial/state governments, creating what is often called a federation.

Federalism is a political concept in which a group of members are bound together with a governing representative head. 

Federalism enables the state and the national government to share power.

Majuli or Majoli is a river island in the Brahmaputra River, Assam and in 2016 it became the first island to be made a district in India.

Multiplicative inverse is nothing but a reciprocal of a number. 

It is defined as one of a pair of numbers that when multiplied with another number equals the number 1.

Multiplicative inverse or reciprocal of 7 is 

7 x n = 1

=> n = 1/7.

Hence, Multiplicative inverse or reciprocal of 7 is  1/7.