Bank Exams Questions

Q:

Which one of the following statements is not correct with respect to Article 32 of the Constitution of India?

A) It provides remedies to citizens for the enforcement of fundamental rights.   B) It is a part of fundamental rights.
C) The Supreme Court cannot refuse a writ petition under Article 32 on the ground of delay. D) Protection under Article 32 also applies to the enforcement of ordinary law which has nothing to do with the fundamental rights.
 
Answer & Explanation Answer: D) Protection under Article 32 also applies to the enforcement of ordinary law which has nothing to do with the fundamental rights.

Explanation:

Protection under Article 32 applies only to the fundamental rights as provided by the Constitution.

 

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

Explanation:
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Q:

Which of the following cube in the answer figure cannot be made based on the unfolded cube in the question figure?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:
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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

Explanation:
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Q:

The line graph shows the exports by a certain company. Study the diagram and answer the following questions.

 

 

 

What were the total exports (in Rs lakhs) by the company in the last four years?

 

A) 300 B) 290  
C) 280   D) 310
 
Answer & Explanation Answer: C) 280  

Explanation:
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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

Explanation:
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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

Explanation:
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Q:

As per the data released by the Income­Tax Department in December 2017, how much percent of total population paid income tax in the assessment year 2015­16?

A) 1.7 B) 5.7
C) 9.7 D) 11.7
 
Answer & Explanation Answer: A) 1.7

Explanation:
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