Sawaal

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Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Q:

Which amendment of the Constitution of India increased the age of retirement of High Court judges from 60 to 62 years?

A) 10th B) 12th
C) 15th D) 245th
 
Answer & Explanation Answer: C) 15th

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Q:

AC is converted into DC by a

A) Condenser B) Rectifier
C) Amplifier D) Filter
 
Answer & Explanation Answer: B) Rectifier

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Q:

Prime Minister's 'Ujjwala Yojana' is related to __________________

A) Free distribution of LPG connections to socially backward classes. B) Free electric connections to members of Scheduled Castes and Scheduled Tribes.
C) Mass immunisation campaign for children. D) None of the these.
 
Answer & Explanation Answer: A) Free distribution of LPG connections to socially backward classes.

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

To bite the bullet

A) Hatred should be nipped in the bud B) To do something difficult that one has been hesitating over
C) To punish someone who was later found to be not guilty D) To prevent someone form getting killed
 
Answer & Explanation Answer: B) To do something difficult that one has been hesitating over

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