Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand	B) Substitution effect
C) Problem of choice	D) Optimal choice

Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty	B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax	D) Custom duty, Entertainment tax and Income tax

Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Filed Under: Indian Economy
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Q:

The tallest bridge in the world Millau Viaduct has been constructed over the river

A) Seine	B) Tarn
C) Durance	D) Loir

Answer & Explanation Answer: B) Tarn

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

As of 2018, who is the chairman of the University Grants Commission (UGC)?

A) Najma Heptulla	B) Anil Saharbudhe
C) V.K. Saraswat	D) D.P. Singh

Answer & Explanation Answer: D) D.P. Singh

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Q:

On 28 July 2017, Lok Sabha passed Indian Institutes of Management (IIM) Bill, 2017. The Bill has a provision to place the Annual report of the IIM’s in the parliament and auditing of their accounts by ______.

A) Chief Economic Adviser	B) Economic Affairs Secretary
C) Comptroller and Auditor General	D) Attorney General

Answer & Explanation Answer: C) Comptroller and Auditor General

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Filed Under: Indian Politics
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Q:

Who took charge as the Chief Minister of Goa after the 2017 elections?

A) Bharat Vir Wanchoo	B) Manohar Parrikar
C) Churchill Alemao	D) Dayanand Narvekar

Answer & Explanation Answer: B) Manohar Parrikar

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Q:

For what is Radiocarbon dating technique used?

A) To estimate soil contamination	B) To estimate the amount of water in fossils
C) To estimate the age of fossils	D) To estimate the quality of soil

Answer & Explanation Answer: C) To estimate the age of fossils

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

What is the SI unit of Charge?

A) Coulomb	B) Amperes
C) Watts	D) Joules

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