Q:

A car takes 5 hours to cover 100 kms distance at a particular speed whereas another car takes 3 hours to reach a particular distance at the same speed. Find the distance.

A) 40 km	B) 60 km
C) 70 km	D) 80 km

Answer & Explanation Answer: B) 60 km

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony	B) Monopoly
C) Oligopoly	D) Monopolistic Competition

Answer & Explanation Answer: D) Monopolistic Competition

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply	B) Demand
C) Price	D) Stock Market

Answer & Explanation Answer: C) Price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

FERA stands for

A) Foreign Exchange Regulation Agency	B) Foreign Exchange Repulsive Agent
C) Foreign Expert Regulation Act	D) Foreign Exchange Regulation Act

Answer & Explanation Answer: D) Foreign Exchange Regulation Act

Explanation:

FERA stands for Foreign Exchange Regulation Act.

It came into existence in 1973.
FERA lays emphasis on the regulation of currencies.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Granite is an example of

A) Metamorphic rock	B) Sedimentary rock
C) Igneous rock	D) Artificial stone

Answer & Explanation Answer: C) Igneous rock

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The President can dismiss a member of the Council of Ministers

A) with the consent of the Speaker	B) only under emergency conditions
C) on the recommendation of the Prime Minister	D) on his own

Answer & Explanation Answer: C) on the recommendation of the Prime Minister

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which amendment of the Constitution of India increased the age of retirement of High Court judges from 60 to 62 years?

A) 10th	B) 12th
C) 15th	D) 245th

Answer & Explanation Answer: C) 15th

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which is India's first defense satellite?

A) INSAT 2B	B) GSAT - 7
C) GSAT - 6	D) IRS - 1A

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