Q:

In 2015, the nominal rate of interest in a country was 5.5% and the inflation rate then was 2.5%. So real rate of interest in 2015 was _________.

A) 8 percent	B) 2.2 percent
C) 13.75 percent	D) 3 percent

Answer & Explanation Answer: D) 3 percent

Explanation:

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Filed Under: Indian Economy

1 954

Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal	B) downward sloping to the right
C) vertical	D) upward sloping to the right

Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 954

Q:

Currently who is the chairman of State Bank of India?

A) Rajeev Rishi	B) Arundhati Bhattacharya
C) Usha Ananthasubramanian	D) Mahesh Kumar Jain

Answer & Explanation Answer:

Explanation:

Rajnish Kumar, 59, the senior most of the managing directors at State Bank of India (SBI), became the 25th chairman of the country’s largest lender, succeeding Arundhati Bhattacharya.

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Filed Under: General Awareness

0 954

Q:

The motion of a freely falling body is an example of ________________________ motion.

A) uniformly accelerated	B) non-uniformly accelerated
C) constant velocity	D) constant speed

Answer & Explanation Answer: A) uniformly accelerated

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

1 954

Q:

Find the resistance (in mega ohm) of a wire of length 8 m, cross sectional area 2 sq.cm and made of a material of resistivity 120 ohm m.

A) 1920	B) 4.8
C) 2.4	D) 960

Answer & Explanation Answer: B) 4.8

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

2 954

Q:

Under universal adult franchise, people of what age have the right to vote, irrespective of their social or economic backgrounds?

A) 16 years and above	B) 17 years and above
C) 18 years and above	D) 21 years and above

Answer & Explanation Answer: C) 18 years and above

Explanation:

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Filed Under: Indian Politics

1 954

Q:

Which system is used by the Digital Computers to encode data and Programs?

A) Decimal	B) Binary
C) Hexa decimal	D) Octal

Answer & Explanation Answer: B) Binary

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

2 954

Q:

Which of the following is a volatile memory of a computer?

A) Secondary Memory	B) Cache memory
C) RAM	D) ROM

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