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Q:

Which leader adopted Orthodox Christianity as the official religion of Russia?

A) Vladmir the Great B) Micheal Romanav
C) Ivan IV D) Boris Godunov
 
Answer & Explanation Answer: A) Vladmir the Great

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

With which country India did its seventh edition of bilateral EKUVERIN Exercise 2016 at Kadhdhoo?

A) Nepal B) Pakistan
C) Maldives D) Bhutan
 
Answer & Explanation Answer: C) Maldives

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Lorenz curve shows

A) Inflation B) Unemployment
C) Income distribution D) Poverty
 
Answer & Explanation Answer: C) Income distribution

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Filed Under: Indian Economy
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Q:

Who appoints Advocate General of State in India?

A) Governor of State B) Chief Minister of State
C) Law Minister of State D) No option is correct
 
Answer & Explanation Answer: A) Governor of State

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 5 March 2017, who launched an artificial intelligence – driven chatbot named ‘EVA (Electronic Virtual Assistant)’ for customer services? 

 

A) ICICI Bank B) State Bank of India
C) HDFC Bank D) Bank of Baroda
 
Answer & Explanation Answer: C) HDFC Bank

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The banks avail long-term loans from Reserve Bank of India (RBI) by putting no collateral securities. This loan is availed under which of the following lending rates?

A) Bank rate B) Repo rate
C) Reserve repo rate D) Marginal Standing Facily
 
Answer & Explanation Answer: A) Bank rate

Explanation:

The bank rateis the rate of interest at which banks takelong term loansfrom Reserve Bank of India (RBI) by putting no collateral security. It is the rate at which RBI rediscounts the bills of exchange and government securities held by the commercial banks. For controlling the credit, inflation and money supply, RBI increases the bank rate.

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