Questions

Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961 B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990 D) No option is correct
 
Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

After how much time the laws made by Parliament on the state subjects during a National Emergency become inoperative and cease to operate?

 

A) Three months B) Six months
C) Nine months D) Twelve months
 
Answer & Explanation Answer: B) Six months

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

From which of the following, is the GDP of a country not derived from?

A) Agricultural sector B) Industrial sector
C) International sector D) Service sector
 
Answer & Explanation Answer: C) International sector

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following organisation has approved a $25-30 billion commitment plan for India for the 2019-22 period? 

A) United Nations  B) World Bank 
C) UNCTAD  D) New Development Bank 
 
Answer & Explanation Answer: B) World Bank 

Explanation:

The World Bank Group (WBG) has approved a $25-30 billion commitment plan for India for the 201922 period. The new Country Partnership Framework (CPF), endorsed by the WBG board of executive directors focuses on the development priorities of the country - resource efficient and inclusive growth, job creation and building its human capital. The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

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Q:

The length and breadth of a rectangle are 15 cm and 8 cm respectively. Find its area (in cm2)

A) 240 B) 208
C) 416 D) 120
 
Answer & Explanation Answer: D) 120

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Q:

Who is the author of the book named "Making India Awesome"?

A) Jairam Ramesh B) Tarun Khanna
C) Chetan Bhagat D) Amitav Ghosh
 
Answer & Explanation Answer: C) Chetan Bhagat

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

"Hema Malini : Beyond the Dream Girl" is authored by which author?

A) Meena Iyer B) Hema Malini
C) Ram Kamal Mukherjee D) Vijay Kumar
 
Answer & Explanation Answer: C) Ram Kamal Mukherjee

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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