Q:

What is an octroi ?

A) Tax	B) Tax collection centre
C) Tax processing centre	D) Tax information centre

Answer & Explanation Answer: A) Tax

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 709

Q:

The short run marginal cost curve is ____ shaped.

A) U	B) V
C) X	D) W

Answer & Explanation Answer: A) U

Explanation:

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Filed Under: Indian Economy
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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50%	B) 8%
C) 10%	D) 15%

Answer & Explanation Answer: A) 12.50%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which is NOT an example of organism that takes in whole food material and breaks it down inside its body?

A) Mushrooms	B) Fish
C) Snake	D) Lizards

Answer & Explanation Answer: A) Mushrooms

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

1 709

Q:

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

A) Linking traditional American Native stories	B) to historic records of a Japanese tsunami
C) was considered an exception, not the start	D) of a fruitful geological collaboration.

Answer & Explanation Answer: A) Linking traditional American Native stories

Explanation:

In 1 part, use of 'Native' after ‘American’ is incorrect. Also ‘traditional’ should come before ‘stories’. Native is an adjective that is used here for American and not stories. So native will come before American. Traditional is used as an adjective for stories. This is a case of misplaced modifiers.Hence 1 is the correct choice.

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Filed Under: English
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 will write an essay.

A) An essay will have been written by me.	B) An essay will be written by me.
C) An essay has been written by me.	D) An essay had been written by me.

Answer & Explanation Answer: B) An essay will be written by me.

Explanation:

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Filed Under: English
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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Filed Under: General Awareness

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Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata	B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore	D) Mumbai, Kolkata, Hyderabad, NOIDA

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