Q:

According to the Classical Theory of Employment, deviations from the state of full employment are

A) Purely temporary in nature	B) permanent in nature
C) imaginary situations	D) normal situations

Answer & Explanation Answer: A) Purely temporary in nature

Explanation:

The classical economists believed in the existence of full employment in the economy. To them, full employment was a normal situation and any deviation from this regarded as something abnormal. According to Pigou, the tendency of the economic system is to automatically provide full employment in the labour market when the demand and supply of labour are equal.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

According to the 2016 Jane's Defence Budgets Report,India's position among the global defence spender is _____________.

A) Fourth	B) Third
C) Ninth	D) Fifth

Answer & Explanation Answer: A) Fourth

Explanation:

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Q:

Which one of the following institutions is also called "World Bank" ?

A) International Bank of Reconstruction and Development	B) International Monetary Fund
C) UNICEF	D) IFC

Answer & Explanation Answer: A) International Bank of Reconstruction and Development

Explanation:

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Q:

Who is the present (2017) Secretary General of SAARC?

A) Tajuddin Ahmed	B) Mujibur Rehman
C) Muhammad Mansur Ali	D) Mr. Amjad Hussain B. Sial

Answer & Explanation Answer: D) Mr. Amjad Hussain B. Sial

Explanation:

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Q:

___________ defines data types and the relationships among them.

A) Data definition language	B) Data manipulation language
C) Query language	D) OQL

Answer & Explanation Answer: A) Data definition language

Explanation:

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Q:

According to Dr. Ambedkar which Article is the most important article of Indian constitution?

A) Article 21	B) Article 24
C) Article 32	D) Article 256

Answer & Explanation Answer: C) Article 32

Explanation:

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Q:

Captain Manoj Kumar Pandey was awarded the Paramvir Chakra for his martyrdom at which of the following wars?

A) Indo-Pakistani War of 1965	B) Indo-Pakistani War of 1971
C) Kargil War of 1999	D) Indo-China War of 1962

Answer & Explanation Answer: C) Kargil War of 1999

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

A profit maximizing firm will

A) Use less of an input	B) Operates where marginal revenue equals marginal cost.
C) Increase in production	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

A firm maximizes profit by operating where marginal revenue equals marginal cost. They use less of an input in producing more products to increse their profits.

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Filed Under: Manufacturing
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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