Q:

Where is the headquarters of the World Customs Organization (WCO) located?

A) Brussels	B) Paris
C) Berlin	D) Rome

Answer & Explanation Answer: A) Brussels

Explanation:

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?

A) NASDAQ Index	B) BSE Index
C) Consumer Price Index	D) Wholesale Price Index

Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The Wholesale Price Index (WPI) was main index for measurement of inflation in India till April 2014 when RBI adopted new Consumer Price Index (CPI) as the key measure of inflation.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3%	B) 10%
C) 2.50%	D) 7%

Answer & Explanation Answer: B) 10%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores	B) Rs. 52 crores
C) Rs. 18 crores	D) Rs. 38 crores

Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following is lyophilic colloid?

A) Gold sol	B) Smoke
C) Cloud	D) Starch aqueous solution

Answer & Explanation Answer: D) Starch aqueous solution

Explanation:

Starch aqueous solution is a lyophilic colloidal solution.

Lyophilic colloids are liquid loving colloids. When these colloids are mixed with suitable liquid high force of attraction exists between colloidal particles and liquid.

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
Rohit is two year (1)/ junior than Mukesh (2)/ in the office. (3)/ No Error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

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Filed Under: English
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Q:

Which north-eastern state of India has signed up to host the 39th National Games in the year 2022?

A) Meghalaya	B) Mizoram
C) Manipur	D) Tripura

Answer & Explanation Answer: A) Meghalaya

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The fat digesting enzyme Lipase is secreted by which of the following

A) Kidneys	B) Pancreas
C) Large Intestine	D) Liver

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