Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place	B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate	D) the market place powers all its own laws

Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party	B) Andhra Pride Party
C) Telugu Desam Party	D) Praja Rajyam Party

Answer & Explanation Answer: D) Praja Rajyam Party

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Filed Under: Indian Politics
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Q:

The central government has set an ambitious target of raising how much amount from disinvestment in 2017-18?

A) Rs 72,500 crore	B) Rs 1,00,000 crore
C) Rs 50,000 crore	D) Rs 25,000 crore

Answer & Explanation Answer: A) Rs 72,500 crore

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Q:

After how much time the laws made by Parliament on the state subjects during a National Emergency become inoperative and cease to operate?

A) Three months	B) Six months
C) Nine months	D) Twelve months

Answer & Explanation Answer: B) Six months

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Q:

Blocking in experimental design is useful because it

A) keeps the experimenter from knowing which subjects are in the treatment group.	B) prevents response bias from entering into the experiment.
C) gives the quarterback enough time to throw the ball.	D) controls for multiple variables in an experiment.

Answer & Explanation Answer: D) controls for multiple variables in an experiment.

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Debenture holders of a company are its ___________.

A) Shareholders	B) Creditors
C) Debtors	D) Directors

Answer & Explanation Answer: B) Creditors

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Q:

Two identical resistors of 20 ohm each are connected in parallel. This combination, in turn, is connected to a 10 ohm resister. The equivalent resistance of the combination will be

A) 30 ohm	B) 10 ohm
C) 5 ohm	D) 20 ohm

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