Questions

Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.

Our Institute has launched a new scholarship scheme for the weaker sections of the society.

A) A new scholarship scheme has been launched by our Institute for the weaker sections of the society. B) A new scholarship scheme was launched for our Institute for sections of the society which are weak.
C) For the weaker sections of the society a new scholarship scheme had been launched by our Institute. D) For the weaker sections of the society our Institute had launched a new scholarship scheme.
 
Answer & Explanation Answer: B) A new scholarship scheme was launched for our Institute for sections of the society which are weak.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

To understand the nature of electromagnetic radiation, it is imperative that we grasp the _______ nature of light.

A) twice B) dual
C) double D) dichotomous
 
Answer & Explanation Answer: B) dual

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

Mohan wishes (A)/ he will be (B)/ richer. (C)/ No Error (D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active.
The event manager is making all the reservations.

A) All the reservations would be made by the event manager. B) All the reservations are being made by the event manager.
C) All the reservations would have been made by the event manager. D) All the reservations will have been made by the event manager.
 
Answer & Explanation Answer: B) All the reservations are being made by the event manager.

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Filed Under: English
Exam Prep: Bank Exams

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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

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Q:

Arrange the following words as per order in the dictionary and then choose the one which comes last.

A) Qualify B) Quarter
C) Quarrel D) Quaver
 
Answer & Explanation Answer: D) Quaver

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Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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