Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set	B) Production Probability Set
C) Resource Possibility Set	D) Production Possibility Set

Answer & Explanation Answer: D) Production Possibility Set

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 621

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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who is the CEO of Flipkart in 2016?

A) Ananth Narayanan	B) Mukesh Bansal
C) Binny Bansal	D) Sachin Bansal

Answer & Explanation Answer: C) Binny Bansal

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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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

1 621

Q:

Find the odd word/letters/number pair from the given alternatives.

A) (85, 136)	B) (34, 85)
C) (102, 153)	D) (63, 162)

Answer & Explanation Answer: D) (63, 162)

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

To enlarge their hold over India, many wars were fought between British and Indians but NOT one of the following.

A) Anglo-Maratha	B) Anglo-Sikh
C) Anglo-Mysore	D) Anglo-Bangla

Answer & Explanation Answer: D) Anglo-Bangla

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The Battle of Plassey was fought in

A) Calcutta	B) Bombai
C) Madras	D) Delhi

Answer & Explanation Answer: A) Calcutta

Explanation:

The Battle of Plassey was fought at Palashi, on the banks of Bhagirathi river near Calcutta on June 23, 1757.

It is a battle fought between the East India Company force headed by Robert Clive and Siraj-Ud-Daulah (Nawab of Bengal).

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which Malayalam actress won the National Film Award for the film 'Minnaminungu' in 2017?

A) Amala Paul	B) Surabhi Lakshmi
C) Gopika	D) Mamta Mohandas

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