Exams


Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement:

(I) In the GST Model in India, it would be dual tax (GST) with the center and states simultaneously levying tax on a common base tax.
(II) The central and state GST would be levied on every transaction of supply of goods and services simultaneously.

 

Conclusions:
(I) This new tax regime would benefit common man of country.
(II) There would be more clarity on state and central component.

 

A) Only conclusion II follows B) Conclusion I and II both follow
C) Neither I nor II follow D) Only conclusion I follows
 
Answer & Explanation Answer: C) Neither I nor II follow

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

Study the following bar­ diagram carefully and answer the questions. The bar graph given below shows the foreign exchange reserves of a country (in million US $) from 1991 ­ 1992 to 1998 ­ 1999.

The foreign exchange reserves in 1996­97 were approximately what percent of the average foreign exchange reserves over the period under review?

A) 95% B) 110%
C) 115% D) 124%
 
Answer & Explanation Answer: D) 124%

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Filed Under: Bar Charts
Exam Prep: Bank Exams

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Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Curved surface area of a cylinder is 440 sq cm. If circumference of its base is 44 cm, what is the volume of the cylinder? (Take π = 22/7)

A) 1540 cubic cm B) 3080 cubic cm
C) 770 cubic cm D) 2310 cubic cm
 
Answer & Explanation Answer: A) 1540 cubic cm

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the measure of the interior angle of a regular polygon is 120 deg then how many sides does it have?

 

A) 6 B) 8
C) 9 D) 10
 
Answer & Explanation Answer: A) 6

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Filed Under: Area
Exam Prep: Bank Exams

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Q:

What does UFO stand for?

A) Under Fire Object B) Unidentified Flying Object
C) Unapproved Foreign Object D) Unidentified Free Object
 
Answer & Explanation Answer: B) Unidentified Flying Object

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

As per the scientists of Physics Research Laboratory, Ahmedabad which type of storm can flow towards the Earth and disturb the atmosphere?

 

A) Meteorite Strom B) Comet Strom
C) Solar Strom D) Asteroid Strom
 
Answer & Explanation Answer: C) Solar Strom

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Filed Under: General Science
Exam Prep: Bank Exams

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