Questions

Q:

What is the effective discount (in %) on two successive discounts of 20% and 10%?

A) 30 B) 32
C) 35 D) 28
 
Answer & Explanation Answer: D) 28

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Q:

The 'Father of Indian Space Program' is

A) Dr. A.P.J. Abdul kalam B) Dr. Vikram A. Sarabhai
C) Dr. K. Kasturirangan D) Prof. Satish Dhawan
 
Answer & Explanation Answer: B) Dr. Vikram A. Sarabhai

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In August 2017, National Highway Authority of India (NHAI) launched two mobile apps named ‘MyFASTag’ and ‘______’.

A) FASTag Lane B) FASTag Partner
C) FASTag First D) FASTag Life
 
Answer & Explanation Answer: B) FASTag Partner

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Exam Prep: Bank Exams

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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

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Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
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Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Filed Under: Indian Economy
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Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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Filed Under: Indian Economy
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) All of them B) speak
C) good english D) No error
 
Answer & Explanation Answer: C) good english

Explanation:

The error is in third part. Replace ‘good’ with ‘correct’. English is not good or bad, but it can be correct or incorrect. We can also say ‘All of them speak English well’, or ‘All of them speak fluent English’. The error remains in part c.

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Filed Under: English
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