Q:

The simple interest on a sum for 5 years is twofifth of the sum. The rate of interest per annum is

A) 0.1	B) 0.08
C) 0.06	D) 0.04

Answer & Explanation Answer: B) 0.08

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million	B) $250 million
C) $580 million	D) $610 million

Answer & Explanation Answer: B) $250 million

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist.	B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole.	D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following organ does NOT belong to human excretory system?

A) Kidneys	B) Ureters
C) Uterus	D) Urethra

Answer & Explanation Answer: C) Uterus

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

2 624

Q:

The Reserve Bank of India (RBI) proposed a four-tier regulatory framework for which type of financial institutions?

A) Foreign Banks	B) Small Finance Banks
C) NBFCs	D) Payments Banks

Answer & Explanation Answer: C) NBFCs

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 624

Q:

Which Constitutional Amendment Act gave constitutional recognition to the panchayats?

A) 72nd Constitutional Amendment Act	B) 73rd Constitutional Amendment Act
C) 74th Constitutional Amendment Act	D) 75th Constitutional Amendment Act

Answer & Explanation Answer: B) 73rd Constitutional Amendment Act

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In Indian parliamentary system, the leader of the largest opposition party having not less than _______ seats of total strength of the house is recognized as the leader of the opposition in that House.

A) 1/10 th	B) 1/9 th
C) 1/8 th	D) 1/7 th

Answer & Explanation Answer: A) 1/10 th

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which five year plan aimed at following regional approach, instead of a sectoral approach so as to bring down regional inequalities?

A) Ninth Five year plan	B) Eighth Five year plan
C) Tenth Five year plan	D) Eleventh Five year plan

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