Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country	B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves	D) Rate at which banks lend to money lenders

Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for racing cycles is D = 80200 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units	B) 31220 units
C) 8750 units	D) 41720 units

Answer & Explanation Answer: D) 41720 units

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Q:

Ammonium nitrate, on thermal decomposition, produces :

A) NH3 and NO2	B) NH3 and NO
C) N2 and H2O	D) N2O and H2O

Answer & Explanation Answer: D) N2O and H2O

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods	B) Capital goods
C) Veblen goods	D) Giffen goods

Answer & Explanation Answer: D) Giffen goods

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase	B) decrease; decrease
C) increase; decrease	D) decrease; increase

Answer & Explanation Answer: D) decrease; increase

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Q:

What is the full form of ASSOCHAM?

A) Associated Chambers of Commerce and Industry	B) Association of Commerce
C) Associated Commerce	D) Associated Chambers in India

Answer & Explanation Answer: A) Associated Chambers of Commerce and Industry

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Ozone hole is caused by chemicals like _____.

A) Nitrogen Oxide	B) Hydrogen Sulphide
C) Chloro Fluoro Carbon	D) Carbon Monoxide

Answer & Explanation Answer: C) Chloro Fluoro Carbon

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

What is the name of first solar mission of Indian Space Research Organisation set to be launch in 2019?

A) Halo–L1	B) Aditya–L1
C) Corona–L1	D) Ravi – L1

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