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 question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.


P- The starting point can be the experience of a minority within society generally or even the experience of a group of people within a progressive social movement
which does not live up to its progressive agenda in every respect.
Q- Within (or after) postmodernism a grand unifying theory no longer seems possible. This does not exclude the possibility or the necessity of dialogue.
R- The starting points of social criticism can be very different and the different forms of socialism never has a monopoly on Social Criticism.
S- Nevertheless most social critics still consider the Critique of capitalism to be central.

A) PRQS B) RPQS
C) RQPS D)  PSRQ
 
Answer & Explanation Answer: B) RPQS

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: When all the credit worthy people were given loans to a logical limit, they ceased to be a part of the market.
Q: Even this would have been understandable if it could work as an eye opener.
R: Owing to the materialistic culture elsewhere, it was possible to keep selling newer products to the consumers despite having existing ones which served equally
well.
S: They were lured through advertising and marketing techniques of 'dustbinisation' of the customer; and then finally, once they became ready customers, they were
given loans and credits to help them by more and more.

A) PRQS B) RSPQ
C) QSPR D) RPQS 
 
Answer & Explanation Answer: B) RSPQ

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.


You must not waste your leisure time doing nothing, rather you should engage yourself in such activities that will blow off steam and recharge you for the future endeavours.

A) Release surplus energy B) Take steam bath
C) To make someone fidgety D) To exercise the brain
 
Answer & Explanation Answer: A) Release surplus energy

Explanation:

The idiom “blow off steam” means to express one’s anger, usually noisily and harmlessly, thereby relieving one’s tension. The above sentence states that one should not waste one’s time and utilise it in releasing negative energies to get charged up. Only option 1 goes with this meaning, hence option 1 is correct.

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Filed Under: English

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Q:

In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement.

As the files were being arranged/ been lost for several decades now (P)/ which were believed to have (Q)/ into a stack, the butler cam (R)/ across information about several of the family heirlooms (S)

A) RSQP B) PQRS
C) SRQP D) QSRP
 
Answer & Explanation Answer: A) RSQP

Explanation:

The most logical segment that can follow the first segment is R, 'being arranged into a stack'. This leaves us with only one option i.e. option 1. Hence, the correct answer is RSQP.

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Filed Under: English

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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
Exam Prep: Bank Exams

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Q:

In August 2017, which bank allowed India to construct Ratle Hydroelectric project which was opposed by Pakistan?

 

A) bank of England B) World Bank
C) International Bank for Reconstruction and development (IBRD) D) Asian Development Bank
 
Answer & Explanation Answer: B) World Bank

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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