Questions

Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan B) Bangladesh
C) India D) China
 
Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Q:

Statement I :The    Poona    Pact    provided    for    151 reserved  seats  for  the  scheduled  castes  to be   elected   by   a   joint,   not   separate, electorate.

Statement II :Dr.  B.  R.  Ambedkar  withdrew  from  active politics   for   almost   a   decade   when   the Communal Award was revoked.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false D) Statement I is false but Statement II is true
 
Answer & Explanation Answer: C) Statement I is true but Statement II is false

Explanation:

The  Poona  Pact  was  an  agreement between  Dr.  Babasaheb  Ambedkar and  Mahatma  Gandhi  which  was signed  on  24  September  1932  at Yerwada Central Jail in Pune, India, which asserted that there will be a single    Hindu    electorate,    with scheduled    castes    having    seats reserved     within     it,So     the representation of these classes was based  on  the  standards  of  joint electorates   and   reserved   seats. The  Communal  Award  was  made by    the    British    Prime    Minister Ramsay  MacDonald  on  16  August 1932    which    allowed    separate electorates  in  India,  and  it  was supported by Ambedkar.

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Exam Prep: Bank Exams

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Q:

The following equation is incorrect which two signs should be interchanged to correct the equation

12 - 12 ÷ 25 x 10 + 10 = 25

A) - and + B) ÷ and x
C) x and - D) + and ÷
 
Answer & Explanation Answer: D) + and ÷

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Chink in one's armour

 

A) A spotless shield tells that the person has not yet fought any war B) A small crack if not repaired will break the shield
C) An area of vulnerability D) One's primary defence system against loss or injury
 
Answer & Explanation Answer: C) An area of vulnerability

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

A balanced diet is one that provide (1)/ an adequate intake of energy and nutrients (2)/ for maintenance of the body and therefore good health. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option.If a sentence is free from error, select 'No Error'.

 

A team of researchers from the University of Florence and Germany's University of Bonn found that plants (1)/ respond to anesthetics the same way that (2)/humans and animals does. (3)/  No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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Exam Prep: Bank Exams

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Q:

What does 'C' stands for 'CAGR', a business specific term for the geometric progression ratio that provides a constant rate over the specific time period?

A) Control B) Compound
C) Credit D) Call
 
Answer & Explanation Answer: B) Compound

Explanation:

CAGR stands for Compound Annual Growth Rate. So, C stands for Compound. Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

Explanation:
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Filed Under: Indian Economy
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