Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country	B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves	D) Rate at which banks lend to money lenders

Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for racing cycles is D = 80200 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units	B) 31220 units
C) 8750 units	D) 41720 units

Answer & Explanation Answer: D) 41720 units

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Exam Prep: Bank Exams

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase	B) decrease; decrease
C) increase; decrease	D) decrease; increase

Answer & Explanation Answer: D) decrease; increase

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Exam Prep: Bank Exams

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Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365.	B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales.	D) Dividing net sales by accounts receivable.

Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following branches of mathematics was invented by Newton?

A) Calculus	B) Logic
C) Algebra	D) Geometry

Answer & Explanation Answer: A) Calculus

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

Which ex-cricketer has acted in the movies 'Team 5' and 'Aksar 2'?

A) S. Sreesanth	B) Salil Ankola
C) Zaheer Khan	D) Mohammad Azharuddin

Answer & Explanation Answer: A) S. Sreesanth

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Name the British General who was responsible for the Jallianwalla Bagh massacre.

A) Hastings	B) Cornwallis
C) Dyer	D) Dalhousie

Answer & Explanation Answer: C) Dyer

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who wrote the book "Walking with Lions"?

A) K Natwar Singh	B) Kapil Dev
C) Kiran Bedi	D) Sarojini Naidu

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