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Q:

In 2015, the nominal rate of interest in a country was 5.5% and the inflation rate then was 2.5%. So real rate of interest in 2015 was _________.

A) 8 percent B) 2.2 percent
C) 13.75 percent D) 3 percent
 
Answer & Explanation Answer: D) 3 percent

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Filed Under: Indian Economy

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Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

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Filed Under: Indian Economy
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Q:

Which of the following areas or regions is most prone to earthquakes?

A) Deccan Plateau B) Ganga­Brahmaputra Valley
C) Plains of northern India D) Western Ghats
 
Answer & Explanation Answer: B) Ganga­Brahmaputra Valley

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

What is the popular name of Monolithic rock shrines at Mahabalipuram ?

A) Rathas B) Prasadas
C) Mathika D) Gandhakuti
 
Answer & Explanation Answer: A) Rathas

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Filed Under: Indian Geography
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Q:

Under universal adult franchise, people of what age have the right to vote, irrespective of their social or economic backgrounds?

A) 16 years and above B) 17 years and above
C) 18 years and above D) 21 years and above
 
Answer & Explanation Answer: C) 18 years and above

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Filed Under: Indian Politics

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Q:

Currently who is the chairman of State Bank of India?

A) Rajeev Rishi B) Arundhati Bhattacharya
C) Usha Ananthasubramanian D) Mahesh Kumar Jain
 
Answer & Explanation Answer:

Explanation:

Rajnish Kumar, 59, the senior most of the managing directors at State Bank of India (SBI), became the 25th chairman of the country’s largest lender, succeeding Arundhati Bhattacharya.

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Filed Under: General Awareness

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Q:

Which system is used by the Digital Computers to encode data and Programs?

A) Decimal B) Binary
C) Hexa decimal D) Octal
 
Answer & Explanation Answer: B) Binary

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

In India, who is considered above the law of country?

A) President of India B) Prime Minister of India
C) A wealthy person of India D) No option is correct  
 
Answer & Explanation Answer: D) No option is correct  

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Filed Under: Indian Politics
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