Questions

Q:

Which of the following will be the outcome if an economy is under the inflationary pressure?

1.Domestic currency heads for depreciation.

2.Exports become less competitive with imports getting costlier.

3.Cost of borrowing decreases.4.Bondholders get benefitted.

 

Select the correct answer using the code given below.

 

A) 1 and 2 B) 2 and 3
C) 1 and 3 only D) 1, 3 and 4
 
Answer & Explanation Answer: C) 1 and 3 only

Explanation:

Creditors and debtors:

During inflation creditors lose because they receive in effect less in goods and services than if they had received the repayments during a period of low prices. Debtors, on other hand, as a group gain during inflation, since they repay their debts in currency that has lost its value.The aggregate volume of internal trade tends to increase during inflation due to higher incomes, greater production and larger spending. But the export trade is likely to suffer on account of arise in the prices of domestic goods.

The same currency unit will now buy less goods and services.But the bondholders lose as they get a fixed interest the real value of which has already fallen.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of these was an action of Farmers Alliances?

A) Involving farmers in political action B) Encouraging farmers to give up farming
C) Helping farmers fight for better prices D) Both A & C
 
Answer & Explanation Answer: D) Both A & C

Explanation:

The Farmers Alliance was an organized agrarian economic movement among American farmers that developed and flourished in 1875.

 

One of the goals of the organization was to end the adverse effects of the crop-lien system on farmers in the period following the American Civil War.

 

The Farmer's Alliance moved into politics in the early 1890s under the banner of the People's Party, commonly known as the "Populists."

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following features is the product of vulcanicity

A) Geosyncline B) Escarpment
C) Atoll D) Fold mountain
 
Answer & Explanation Answer: C) Atoll

Explanation:
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Filed Under: World Geography

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Q:

Select the antonym of

to exile

 

A) to relegation B) to usher
C) to banish D) to ostracism
 
Answer & Explanation Answer: B) to usher

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the synonym of

dire

A) calm B) mild
C) critical D) trivial
 
Answer & Explanation Answer: C) critical

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the synonym of

to gnaw

 

A) to drool B) to slaver
C) to nibble D) to spit
 
Answer & Explanation Answer: C) to nibble

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In which Schedule to the Constitution of India is the list of States and Union Territories given?

 

A) First Schedule  B) Second Schedule 
C) Fourth Schedule  D) Sixth Schedule
 
Answer & Explanation Answer: A) First Schedule 

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

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Q:

Which of the following statements about the olive ridley turtles is/are correct?

1. They are the smallest and most abundant of all sea turtles found in the world.

2. They live in warm waters of Pacific, Atlantic and Indian Oceans.

3. The Coromandel Coast in India is the largest mass nesting site for the olive ridley turtles.

Select the correct answer using the code

A) 1, 2 and 3 B) 1 and 2 only
C) 2 and 3 only D) 1 only
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

The Olive ridley turtles are the smallest and most abundant of all sea turtles found in the world, inhabiting warm waters of the Pacific, Atlantic and Indian oceans. These turtles, along with their cousin the Kemps ridley turtle, are best known for their unique mass nesting called Arribada, where thousands of females come together on the same beach to lay eggs. Though found in abundance, their numbers have been declining over the past few years, and the species is recognized as Vulnerable by the IUCN Red list.The coast of Orissa in India is the largest mass nesting site for the Olive-ridley, followed by the coasts of Mexico and Costa Rica.

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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