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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
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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Filed Under: Indian Economy
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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case noimprovement is needed, select "no improvement".

Opening the door to her each morning is like (lets) a breath of fresh air into my world.

A) let B) to let
C) letting D) no improvement
 
Answer & Explanation Answer: C) letting

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Filed Under: English

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Q:

One of the techniques used for desalination of sea water is

A) Filtration B) Distillation
C) Evaporation D) Condensation
 
Answer & Explanation Answer: B) Distillation

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Filed Under: Chemistry
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Q:

Strait of Gibraltar connects which of the following?

A) Red Sea ­ Mediterranean Sea B) Red Sea ­ Arabian Sea
C) Atlantic Ocean ­ Mediterranean Sea D) Mediterranean Sea ­ Black Sea
 
Answer & Explanation Answer: C) Atlantic Ocean ­ Mediterranean Sea

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Filed Under: Indian Geography
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Q:

One of the most famous speeches in U>S> Presidential history is 'The Gettysburg Address'. Name the US President who gave this epochal speech.

A) Abraham Lincoln B) Theodore Roosevelt
C) John F. Kennedy D) George Washington
 
Answer & Explanation Answer: A) Abraham Lincoln

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Filed Under: Famous Personalities
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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.

The ball is in your court

A) It is up to you to make the next move B) You have got a fantastic opportunity
C) You will be blamed for crimes that you have not committed D) You have been put into a dilemma.
 
Answer & Explanation Answer: A) It is up to you to make the next move

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Filed Under: English
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