Questions

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:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

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Filed Under: Indian Economy
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Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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

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Q:

The percentage of carbon in CO2 is

A) 12 B) 44
C) 14 D) 27.3
 
Answer & Explanation Answer: D) 27.3

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Contraction of heart is also known as

A) Systole B) Aristotle
C) Diastole D) Lub
 
Answer & Explanation Answer: A) Systole

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is a nitrogen-fixing bacteria?

A) Salmonella B) Rhizobium
C) E.coli D) Pseudomonas
 
Answer & Explanation Answer: B) Rhizobium

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which one of the following statements regarding freedom to manage religious affairs as per the Constitution of India is notcorrect?

 

A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities. B) Every religion or any section thereof shall have the right to own and acquire movable and Immovable property.
C) Every religious community has the right to establish and maintain institutions for religious and charitable purpose. D) Every community has the right to manage its own affairs in matters of religion.
 
Answer & Explanation Answer: A) Every religious denomination shall have the right to manage its own affairs in matters of religion except some minor communities.

Explanation:

All  are  correct  except  A,  as  every religious denomination including minor communities shall have right to manage its own affairs.

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Filed Under: Indian Politics
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Q:

"Trade unions" is listed in the __________ list given in the Seventh Schedule of the Constitution of India.

A) Union B) State
C) Global D) Concurrent
 
Answer & Explanation Answer: D) Concurrent

Explanation:
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