Questions

Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

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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.
He said, "I saw the movie yesterday."

A) He said that he has seen the movie the day before. B) He said that I had seen the movie the day before.
C) He said that he had seen the movie the day before. D) He said that I have seen the movie the day before.
 
Answer & Explanation Answer: C) He said that he had seen the movie the day before.

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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.

Modern India has a secular constitution and ______ itself on being a secular country.

A) prides B) humiliates
C) shy D) disgraces
 
Answer & Explanation Answer: A) prides

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

I hope you pardon my French that I used during the serious and intense discussion we were having yesterday.

A) Excuse my use of incorrect French B) Excuse my inappropriate language
C) Excuse my untidiness D) Excuse my behaviour
 
Answer & Explanation Answer: B) Excuse my inappropriate language

Explanation:

The phrase “pardon my French” is usually used humorously to denote an excuse for using taboo words or inappropriate words. The above sentence speaks of a person asking another person to excuse him for using inappropriate language during their discussion. Out of the given option, option 2 is correct.

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Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35% B) 40%
C) 42% D) 45%
 
Answer & Explanation Answer: C) 42%

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Q:

In India all of the following are sources for government revenue, except?

A) Agricultural income tax B) Anti dumping duty
C) Perquisite tax D) Toll tax
 
Answer & Explanation Answer: A) Agricultural income tax

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Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Books are our ______ friends. They are our guides. We can learn everything from them. The books contain all the great ______ of the world's leaders and we can learn them by reading the books. The books help us find ______ to our questions. The books never fail us. We should read as ______ books as we can. But all books are not good. So we should ______ only good books.

______ books as we can.

A) much B) many
C) few D) less
 
Answer & Explanation Answer: B) many

Explanation:
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