Q:

Which American of Indian descent has recently been appointed as the president of the US-Indian Business Council?

A) Nina Davuluri	B) Nisha Dessai Biswal
C) prith Banerjee	D) Asim Ghosh

Answer & Explanation Answer: B) Nisha Dessai Biswal

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist.	B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole.	D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

A) Just as a letter’s physical presence, then,	B) resists the rationalisations of the public
C) sphere, its temporal idiosyncrasies resisted the	D) efficiencies of capitalist production.

Answer & Explanation Answer: C) sphere, its temporal idiosyncrasies resisted the

Explanation:

In 3 part, use of ‘resisted' is incorrect. ‘Resists’ should replace ‘resisted’. The given sentence is in present tense. So, present form of verb will be used.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

___, present in the centre of a flower, forms the female reproductive part.

A) Sepals	B) Petals
C) Carpels	D) Stamens

Answer & Explanation Answer: C) Carpels

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent	B) One percent
C) 0.5 percent	D) More than one percent

Answer & Explanation Answer: B) One percent

Explanation:

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Filed Under: Indian Economy
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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

Explanation:

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Filed Under: Indian Economy
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Q:

Long run growth in GDP is determined by

A) Capital stocks	B) Labour force
C) Both 1 & 2	D) None

Answer & Explanation Answer: C) Both 1 & 2

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good	B) normal good
C) exclusive good	D) inferior good

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