Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase	B) decrease
C) constant	D) double

Answer & Explanation Answer: B) decrease

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

"Sunrise Industries” are industries _____________

A) which are well developed and have ample scope for further development	B) which improve export performance of the country
C) which small-scale industries	D) which have high growth potential and meet further requirements of the economy

Answer & Explanation Answer: D) which have high growth potential and meet further requirements of the economy

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Management accountants would not

A) prepare reports primarily for external users.	B) be concerned with the impact of cost and volume on profits
C) assist in budget planning.	D) determine cost behavior.

Answer & Explanation Answer: A) prepare reports primarily for external users.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

From May 2017, the Real Estate Act has come into effect. It aims to protect the interests of ______.

A) Bureaucrats	B) Home Buyers
C) Lenders	D) No option is correct

Answer & Explanation Answer: B) Home Buyers

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Physical Research Laboratory was founded by ____.

A) S.K. Mitra	B) C.V. Raman
C) Homi Bhaba	D) Vikram Sarabhai

Answer & Explanation Answer: D) Vikram Sarabhai

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

Two circles touch each other internally. The radius of the larger circle is 6 cm and the distance between the centre is 2 cm, then the radius (in cms) of the other circle is

A) 8	B) 2
C) 4	D) 3

Answer & Explanation Answer: C) 4

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

International Chess Day is celebrated annually on

A) 21st July	B) 20th July
C) 18th July	D) 23rd July

Answer & Explanation Answer: B) 20th July

Explanation:

International Chess Day is celebrated annually on 20th July, since 1966. The idea to celebrate this day proposed was by UNESCO.

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Filed Under: Important Days and Years
Exam Prep: Bank Exams

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Q:

Macro economics deals with

A) the circular flow of income	B) the decision making of a single economic variable like demand
C) resource allocation at firm level	D) equilibrium prices and quantities

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