Questions

Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In animals like Annelids, Molluscs, organs have associated to form functional systems, each system concerned with a specific physiological function. This pattern is called ________ system level of organization.

A) organ B) open
C) closed D) coelom
 
Answer & Explanation Answer: A) organ

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Transperancy International (TI) has put India at rank ___ out of 168 countries in its Competition Perception Index as on January 2016.

A) 68 B) 76
C) 84 D) 101
 
Answer & Explanation Answer: B) 76

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In India which of the following taxes is levied by the State governments?

A) Excise duty on liquor B) Capital gains tax
C) Customs tax D) Corporation tax
 
Answer & Explanation Answer: A) Excise duty on liquor

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which one of the following is not an exclusive right of the concerned coastal nations over Exclusive Economic Zone (EEZ)?

A) Survey and exploitation of mineral resources of ocean deposits B) Exploitation of marine water energy and marine organisms including fishing
C) Conservation and management of marine resources D) Navigation of ships and laying down submarine cables
 
Answer & Explanation Answer: D) Navigation of ships and laying down submarine cables

Explanation:

In the exclusive economic zone, the coastal nation has sovereign rights for the purpose of exploring and exploiting, conserving and managing the natural resources, whether living or non-living, including production of energy from the water, currents and winds. However, In the exclusive economic zone, all nations, whether coastal or land-locked shall enjoy the freedom of navigation and overflight and of the laying of submarine cables and pipelines, and other internationally lawful uses of the sea. That means fourth right is not exclusive only for the coastal nations.

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Writing or drawings scribbled, scratched, or sprayed illicitly on a wall or other surface in a public place

 

A) Splotch B) Smudge
C) Graffiti D) Streak
 
Answer & Explanation Answer: C) Graffiti

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Irony. __________________word captures our response to the ongoing nationwide drought in more ways than one. We have woken _________ the reality of drought a full six months after the end of monsoon. After waking up, we focus ____________ the drinking water __________ in urban centres and not the multidimensional crisis of life and livelihood in _______________ hinterland.

 

We have woken _________ the reality of drought

 

A) up B) up to
C) to D) for
 
Answer & Explanation Answer: B) up to

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Filed Under: English
Exam Prep: Bank Exams

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