Q:

Who presented the first Union budget of independent India?

A) Morarji Desai	B) John Mathai
C) TT Krishnamachari	D) RK Shanmukham Chetty

Answer & Explanation Answer: D) RK Shanmukham Chetty

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following can be used as a weapon of war and conflict?

A) Extreme economic dependence	B) Trade sanctions
C) Currency manipulation	D) Withdrawal of bilateraltreaties

Answer & Explanation Answer: B) Trade sanctions

Explanation:

This can be interpreted from these lines of the passage, “Sanctions also play a dramatic role as an offensive militaristic manoeuver” and "Indeed, economics is often used directly as a weapon of war and conflict via trade sanctions."

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000	B) Rs 2000
C) Rs 1000	D) Rs 7000

Answer & Explanation Answer: A) Rs 3000

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period	B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales	D) How long it takes to sell merchandise inventory

Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?

A) Rs. 2.5 lakhs	B) Rs. 3 lakhs
C) Rs. 1.5 lakhs	D) Rs. 4 lakhs

Answer & Explanation Answer: A) Rs. 2.5 lakhs

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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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 express the same sentence in Indirect/Direct speech.

Rupa said to the driver, "Can you take me to the doctor now?"

A) Rupa asked the driver if he could take her to the doctor then.	B) Rupa asked the driver that if he could take her to the doctor than.
C) Rupa asked the driver that if he would take her to the doctor at once.	D) Rupa asked the driver that if he can take her to the doctor than at once.

Answer & Explanation Answer: A) Rupa asked the driver if he could take her to the doctor then.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the question, a word is represented by only one set of numbers as given in any one of the alternatives. The sets of numbers given in the alternatives are represented by two classes of alphabets as in two matrices given below. The columns and rows of Matrix I are numbered from 0 to 4 and that of Matrix II are numbered from 5 to 9. A letter from these matrices can be represented first by its row and next by its column, e.g., 'B' can be represented by 00, 13 etc., and 'A' can be represented by 55, 69 etc.

Similarly you have to identify the set for the word 'GIRL'

A) 02, 56, 97, 24	B) 31, 79, 68, 42
C) 23, 97, 77, 11	D) 11, 88, 95, 23

Answer & Explanation Answer: C) 23, 97, 77, 11

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

If sin 30° + cos 45° = X, then the value of X.

A) (2√2-√3)/2	B) 4/√3
C) (1-√3)/√3	D) (1+√2)/2

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