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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:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
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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.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

DF, GJ, KM, NQ, RT, ?

A) EI B) UX
C) UV D) XY
 
Answer & Explanation Answer: B) UX

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

The 'Quit India' movement was launched by Mahatma Gandhi in the year

A) 1941 B) 1942
C) 1945 D) 1946
 
Answer & Explanation Answer: B) 1942

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who received the Dinanath Mangeshkar award for 2015?

A) Sanjay Leela Bhansali B) Ranveer Kapoor
C) Anil Kapoor D) Amir Khan
 
Answer & Explanation Answer: C) Anil Kapoor

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which country hosted the Asian Women's Boxing Championship in 2017 when India's iconic boxer Mary Kom won gold?

A) Vietnam B) China
C) Indonesia D) Japan
 
Answer & Explanation Answer: A) Vietnam

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

In April 2017, on the birth anniversary of Dr. B. R. Ambedkar which body announced the winners of Lucky Draw Schemes like ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’?

 

A) Reserve Bank of India B) State Bank of India
C) National Payments Corporation of India D) No option is correct
 
Answer & Explanation Answer: C) National Payments Corporation of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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