Questions

Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Globalization of the economy has

A) decreased regional specialization of production B) decreased investment in less developed countries
C) heightened economic differences among places D) leveled economic differences between places
 
Answer & Explanation Answer: C) heightened economic differences among places

Explanation:

Economic globalization is the increasing economic integration and interdependence of national, regional and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the full form of GST?

A) Good and Services Tax B) Goods Sales Tax
C) Grand Sales Tax D) General Sales Tax
 
Answer & Explanation Answer: A) Good and Services Tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What happens to the Potential and Kinetic energies of a body as it falls down from a height?

A) Its Potential energy decreases while its Kinetic energy increases B) There is no change in its Potential or Kinetic energy
C) Its Potential and Kinetic energies decrease D) Its Potential energy increases while its Kinetic energy decreases
 
Answer & Explanation Answer: A) Its Potential energy decreases while its Kinetic energy increases

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The speed of light in vacuum is estimated as ___ meters/second.

A) 3.00 x 108 B) 3.10 x 108
C) 3.12 x 108 D) 3.15 x 108
 
Answer & Explanation Answer: A) 3.00 x 108

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Who among the following has been awarded by the UNHCR Nansen Refugee Award-2017 for his crucial mediating role and efforts to help children effected by the insurgency in his country?

 

A) Zannah Mustapha   B) Francois Gabart  
C) Sarah Mullally   D) Cyril Ramaphosa  
 
Answer & Explanation Answer: A) Zannah Mustapha  

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Bollywood actress Pryanka Chopra won the Favourite Actress award at the People's Choice awards 2016, for her leading role in the American TV thriller series ___.

A) Secrets and Lies B) The Middle
C) Quantico D) Mistress
 
Answer & Explanation Answer: C) Quantico

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which country has won maximum number of World cup titles in football?

A) Argentina B) Brazil
C) France D) Italy
 
Answer & Explanation Answer: B) Brazil

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Filed Under: Sports
Exam Prep: Bank Exams

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