Questions

Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530 B) Rs 1050
C) Rs 50 D) Rs 1350
 
Answer & Explanation Answer: D) Rs 1350

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Filed Under: Indian Economy
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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Q:

Which state organized India's first Tribal Entrepreneurship Summit in November 2017?

A) Jharkhand B) Chhattisgarh
C) West Bengal D) Odisha
 
Answer & Explanation Answer: B) Chhattisgarh

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Filed Under: Indian Geography
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Q:

In Indian parliamentary system, the leader of the largest opposition party having not less than _______ seats of total strength of the house is recognized as the leader of the opposition in that House.

A) 1/10 th B) 1/9 th
C) 1/8 th D) 1/7 th
 
Answer & Explanation Answer: A) 1/10 th

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Filed Under: Indian Politics
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Q:

Which bank has launched the Atmanirbhar Women Scheme?

A) Vijaya Bank B) Bank of India
C) Central Bank of India D) Bank of Baroda
 
Answer & Explanation Answer: D) Bank of Baroda

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

On 29 September 2017, SEBI allowed Sovereign wealth fund and other long term Foreign Portfolio Investors (FPIs) to buy corporate debt up to ______ in infrastructure sector.

 

A) Rs 9500 crore B) Rs 5000 crore
C) Rs 15,000 crore D) Rs 20,000 crore
 
Answer & Explanation Answer: A) Rs 9500 crore

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Q:

The following equation is incorrect which two signs should be interchanged to correct the equation

12 - 12 ÷ 25 x 10 + 10 = 25

A) - and + B) ÷ and x
C) x and - D) + and ÷
 
Answer & Explanation Answer: D) + and ÷

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Q:

When n is divided by 4, the remainder is 3. The remainder when 2n is divided by 4 is:

A) 1 B) 2
C) 3 D) 6
 
Answer & Explanation Answer: B) 2

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