Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

There is renewed sense(A)/of urgency in(B)/completing the project.(C)/No error(D)

A) A	B) B
C) C	D) D

Answer & Explanation Answer: A) A

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The Grande Croix Commandeur in National Merit Order - the highest civilian honor of Ivory Coast, Africa - was recently conferred on which Indian?

A) Pranab Mukherjee	B) Narendra Modi
C) Gopalkrishna Gandhi	D) Manmohan Singh

Answer & Explanation Answer: A) Pranab Mukherjee

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which one of the following is not a component of Revenue Receipts of the Union Government?

A) Corporate tax receipts	B) Dividends and profits
C) Disinvestment receipts	D) Interest receipts

Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue receipts are regular source of Government of India, but Disinvestment receipts are not regular source of Income of Government and all other given are regular

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

Explanation:

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Filed Under: Indian Economy
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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000	B) Rs 2000
C) Rs 1000	D) Rs 7000

Answer & Explanation Answer: A) Rs 3000

Explanation:

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period	B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales	D) How long it takes to sell merchandise inventory

Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output	B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected	D) we can expect businesses to increase the level of production

Answer & Explanation Answer: B) we can expect businesses to lower the level of production

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Filed Under: Indian Economy
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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit	B) Amit Mishra
C) Amartya Sen	D) Abhijit Banerjee

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