Q:

Inflation exists when

A) there is general increase in the prices over time.	B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time.	D) there is rise in the purchasing value of money.

Answer & Explanation Answer: A) there is general increase in the prices over time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In perfect competition _____.

A) Products can be similar or different	B) Producer can control price by controlling production
C) Demand curve is perfectly elastic	D) All firms make economic profit in the long run

Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

_______________________ is the unemployment which exists in any economy due to people being in the process of moving from one job to another.

A) Seasonal unemployment	B) Cyclical unemployment
C) Frictional unemployment	D) Structural unemployment

Answer & Explanation Answer: C) Frictional unemployment

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Filed Under: Indian Economy
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'.
Not only did they offer him (1)/ good salary but provided (2)/ him with a beautiful bungalow. (3)/ No Error (4)

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

Answer & Explanation Answer: B) 2

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Champions of the 2nd football Indian Super League (ISL) were

A) FC Goa	B) Channaiyin FC
C) Delhi Dynamos	D) Atletico de Kolkata

Answer & Explanation Answer: B) Channaiyin FC

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Three freedom fighters including Bipin Chandra Pal were popularly known as Lal-Bal-Pal. Who were the other two?

A) Subhash Chandra Bose & Bal Gangadhar Tilak	B) Bal Gangadhar Tilak & Lala Lajpat Rai
C) Lala Lajpat Rai & Bhagat Singh	D) Ram Prasad Bismil & Bhikaiji Cama

Answer & Explanation Answer: B) Bal Gangadhar Tilak & Lala Lajpat Rai

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who among the following was honoured with the IAAF male Athlete of year Award for 2017 at a award ceremony in Monaco in November 2017?

A) Mutaz Essa Barshim	B) Usain Bolt
C) Mo Farah	D) Wayde van Niekerk

Answer & Explanation Answer: A) Mutaz Essa Barshim

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Kalindi is another name of the river

A) Ganges	B) Bhagirathi
C) Yamuna	D) Brahmaputra

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