Questions

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

Explanation:
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Filed Under: Indian Economy

1 954
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
Exam Prep: Bank Exams

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Q:

The first Commonwealth Games in 1930 was held in which country?

A) Australia B) England
C) New Zealand D) Canada
 
Answer & Explanation Answer: D) Canada

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Filed Under: Sports

2 954
Q:

Which of the following was not mentioned in the Dhamma?

A) Obedience to parents B) Charity
C) Paternalism D) Faith in Sangha
 
Answer & Explanation Answer: D) Faith in Sangha

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Revolving Door was invented by ________.

A) Lucien Vidi B) John Venn
C) Theophilus Van Kannel D) Lewis Urry
 
Answer & Explanation Answer: C) Theophilus Van Kannel

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

Which Bollywood actor was honoured with the 24th Crystal Award at the world Economic Forum meeting in January 2018?

A) Shahrukh Khan B) Aamir Khan
C) Salman Khan D) Akshay Kumar
 
Answer & Explanation Answer: A) Shahrukh Khan

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who is commonly known as "the Father of Microbiology"?

A) Robert Hooke B) Antonie Philips van Leeuwenhoek
C) Carl Linnaeus D) Charles Darwin
 
Answer & Explanation Answer: B) Antonie Philips van Leeuwenhoek

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) castegated B) castigatad
C) castigated D) casttigated
 
Answer & Explanation Answer: C) castigated

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Filed Under: English
Exam Prep: Bank Exams

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