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Opportunity costs exist because

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Subject: Indian Economy Exam Prep: Bank Exams , CAT

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Q:

Fixed Foreign Exchange Rate can be changed by

A) RBI B) SEBI
C) Ministry of Finance D) FIPB
 
Answer & Explanation Answer: A) RBI

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Filed Under: Indian Economy

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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The concept of Triratna belonged to

A) Sikhism B) Jainism
C) Buddhism D) Zoroastrianism
 
Answer & Explanation Answer: C) Buddhism

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Filed Under: Indian Culture
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
Pillar to post

A) Main support of an object B) One place to another
C) To be reluctant D) To incite others
 
Answer & Explanation Answer: B) One place to another

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who was conferred with the 2016 Nobel Prize for Literature?

A) Bob Dylan B) Oliver Hart
C) Yoshinori Ohsum D) J. Michael Kosterlitz
 
Answer & Explanation Answer: A) Bob Dylan

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which among the following countries won the Sultan Azlan Shah cup in 2016?

A) Netherlands B) Germany
C) England D) Australia
 
Answer & Explanation Answer: D) Australia

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Choose the most appropriate answer:Which of the following Asian countries celebrates its Independence Day on 4th February?

A) Sri Lanka B) Bahrain
C) Cambodia D) Bangladesh
 
Answer & Explanation Answer: A) Sri Lanka

Explanation:

The day commemorates its internal political independence from British rule on that day in 1948. The day is a national holiday in Sri Lanka.

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Filed Under: Important Days and Years

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