Questions

Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Filed Under: Indian Economy
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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.


P: “Health is Wealth” is a very old proverb however will be true forever for the humanity.
Q: A healthy person can perform any task however; a wealthy person who is suffering from untreatable disease can never buy a good health.
R: A healthy person (whether rich or poor) lives more happy and peaceful life than any rich person having a diseased body.
S: It indicates a very clear meaning that health is more significant for a person than the wealth.

A) SQRP B) QRPS
C) RPQS D) PSQR
 
Answer & Explanation Answer: D) PSQR

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Filed Under: English

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Q:

The Prime Minister of India unveiled a 112-feet bust of 'Lord Shiva in an Adiyogi pose' at the Isha Yoga centre in 2017. In which city is this statue located?

A) Amarnath B) Kedarnath
C) Coimbatore D) Varanasi
 
Answer & Explanation Answer: C) Coimbatore

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams

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Q:

The maximum number of electrons that can be accommodated in M shell is

A) 8 B) 2
C) 18 D) 32
 
Answer & Explanation Answer: C) 18

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Filed Under: Chemistry
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Q:

World Wetland day is celebrated every year on ___ February.

A) 2nd B) 3rd
C) 4th D) 5th
 
Answer & Explanation Answer: A) 2nd

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Filed Under: Important Days and Years
Exam Prep: Bank Exams

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