Questions

Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves D) Rate at which banks lend to money lenders
 
Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods B) Capital goods
C) Veblen goods D) Giffen goods
 
Answer & Explanation Answer: D) Giffen goods

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Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: A) Inferior goods

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Filed Under: Indian Economy
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Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365. B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales. D) Dividing net sales by accounts receivable.
 
Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

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Q:

Improve the bracketed part of the sentence.
The communities of ants are sometimes very large, (numbered) even upto 500 individuals: and it is a lesson to us that no one has ever yet seen quarrel between
any two ants belonging to the same community.

A) number B) numerous
C) numbering D) No improvement
 
Answer & Explanation Answer: C) numbering

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Filed Under: English

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Indirect/Direct speech.
Sahil said to me, "Where will you go this holiday?"

A) Sahil asked me where I would go that holiday. B) Sahil asked me where I will go that holiday.
C) Sahil asked me where I will be going that holiday. D) Sahil asked me where I would gone that holiday.
 
Answer & Explanation Answer: A) Sahil asked me where I would go that holiday.

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Filed Under: English

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.
The coach said, "Well done! You have made me proud."

A) The coach applauded and said that he has made him proud. B) The coach applauds and says well done that he had made him proud.
C) The coach applauded, says well done and that he has made him proud. D) The coach applauded and said that he had made him proud
 
Answer & Explanation Answer: D) The coach applauded and said that he had made him proud

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Exam Prep: Bank Exams

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Q:

The economic survey of India is prepared by

A) Department of economic affairs B) Central statistical office (CSO)
C) National sample survey organization(NSSO) D) Office of Economic Advisor
 
Answer & Explanation Answer: A) Department of economic affairs

Explanation:

The Department of Economic Affairs, Finance Ministry of India presents the Economic Surveyin the parliament every year, just before the Union Budget. It is prepared under the guidance of theChief Economic Adviser, Finance Ministry. It is the ministry's view on the annual economic development of the country.

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