Questions

Q:

 On 2 January 2018, Parliament Passed Insolvency and Bankruptcy Code (IBC) amendment Bill, 2017. The Bill seeks to amend ______.

A) IBC, 2015 B) IBC, 2016
C) IBC, 2014 D) IBC, 2013
 
Answer & Explanation Answer: B) IBC, 2016

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

With reference to Indian Defence, Arjun Mk1A is a

A) Main Battle Tank B) Fighter jets
C) Unmanned Aerial Vehicle D) Anti-tank Guided Missile
 
Answer & Explanation Answer: A) Main Battle Tank

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run. B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time. D) tends to be larger in the short run than in the long run.
 
Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Financial reports are used by

A) Investors B) Creditors
C) Market Analysts D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Financial reports are used for monitoring and controlling the movement of cash into and out of a business. They are used to communicate relevant, reliable and understandable information about the business that can be used by managers, analysts, investors to make decisions. 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If Money supply growth is faster than real GDP growth, it results in _____.

A) Inflation B) deflation
C) budget surplus D) budget deficit
 
Answer & Explanation Answer: A) Inflation

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Union Home Ministry will set up an Indian Cyber Crime Coordination Centre (14C), an apex coordination centre at which place to deal with cybercrimes?

 

A) Hyderabad B) Pune
C) Bengaluru D) New Delhi
 
Answer & Explanation Answer: D) New Delhi

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

 

I had to stop all my work to complete this project.

A) All other work had to be stopped to complete this project by me. B) For completing this project all other work must be stopped.
C) For completing this project I had to stop all my work. D) To complete this project all other work had been stopped by me.
 
Answer & Explanation Answer: D) To complete this project all other work had been stopped by me.

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Filed Under: English
Exam Prep: Bank Exams

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