Q:

Which of the following rate is charged by banks to their most credit worthy customers?

A) Prime Lending Rate	B) Statutory Liquidity Rate
C) Bank Rate	D) Repo Rate

Answer & Explanation Answer: A) Prime Lending Rate

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Stagflation is defined as

A) low inflation, low growth, low unemployment	B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment	D) low inflation, high growth, low unemployment

Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Q:

If a country devalues its currency, its _______________

A) Exports become cheaper and imports become costlier	B) Exports become costlier and imports become cheaper.
C) Exports value is equivalent to imports value	D) No effect on exports and imports

Answer & Explanation Answer: A) Exports become cheaper and imports become costlier

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Q:

Which disease is caused due to deficiency of Iodine?

A) Rickets	B) Scurvy
C) Goitre	D) Growth retardation

Answer & Explanation Answer: C) Goitre

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Filed Under: Biology
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Q:

Blood group AB has

A) No antigen	B) No antibody
C) Neither antigen nor antibody	D) Both antigen and antibody

Answer & Explanation Answer: B) No antibody

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Filed Under: Biology
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Q:

Which type of Ethanol is made from sources like molasses, sugarcane, sugar beet, sorghum and edible oil seeds?

A) 2G ethanol	B) 1G ethanol
C) Clean ethanol	D) 3G ethanol

Answer & Explanation Answer: B) 1G ethanol

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

If demand curve for trekking boots is D = 67500 - 18P and supply curve is S = 22500 + 12P, find the equilibrium Price?

A) 1500	B) 750
C) 2250	D) 500

Answer & Explanation Answer: A) 1500

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Exam Prep: Bank Exams

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Q:

A binding price ceiling is designed to

A) keep prices low	B) increase efficiency
C) increase the quality of the good	D) prevent shortages

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