General Knowledge Questions

Q:

Sub-prime crisis' is a term associated with which one of the following events?

A) Economic recession B) Political instability
C) Structural adjustment programmes D) Growing social inequality
 
Answer & Explanation Answer: A) Economic recession

Explanation:

The United States subprime mortgage crisis was a nationwide financial crisis, occurring between 2007 and 2010, that contributed to the U.S. recession of December 2007 –June 2009.It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities.

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A business owned by one person

A) Sole proprietorship B) Non profit
C) Limited liability D) None of the above
 
Answer & Explanation Answer: A) Sole proprietorship

Explanation:

A business owned by one person and operates for their benefits is called as Sole Proprietorship or sole trader.

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Filed Under: Indian Economy
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Q:

Who was Shivaji’s Guru?

A) Eknath B) Tukaram
C) Dnyanesh D) Samartha Ramadas
 
Answer & Explanation Answer: D) Samartha Ramadas

Explanation:

Shivaji’s Guru was Shree Samarth Ramdas was a noted 17th-century saint and spiritual poet of Maharashtra. He is most remembered for his Advaita Vedantist text, the Dasbodh. Ramdas was a devotee of Hanuman and Rama.

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Filed Under: Indian History
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Q:

National Human Rights Commission was formed in the year ?

A) 1992 B) 1993
C) 1994 D) 1991
 
Answer & Explanation Answer: B) 1993

Explanation:

National Human Rights Commission was formed on 12th October 1993.

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Filed Under: Indian Politics
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Q:

Percentage of freshwater on earth surface

A) 3% B) 4%
C) 0.3% D) 69%
 
Answer & Explanation Answer: B) 4%

Explanation:

About 71% of the earth's surface is covered with water. In that 71% only 4% of water is a fresh water.

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Q:

Tennis rackets and ballpoint pens are

A) complementary goods B) independent goods
C) inferior goods D) substitute goods
 
Answer & Explanation Answer: B) independent goods

Explanation:

Tennis rackets and ballpoint pens are two independent goods. Since, one doesn't depend on the other.

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Filed Under: Indian Economy
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Q:

Which of the following statements about Woodrow Wilson is true?

A) He wanted to place strict government controls on corporations. B) He overturned discriminatory laws against African Americans.
C) He advocated eliminating the income tax. D) He opposed reforms to the banking system.
 
Answer & Explanation Answer: A) He wanted to place strict government controls on corporations.

Explanation:

Woodrow Wilson was one of the major "Progressives" in American government and so 'He wanted to place strict government controls on corporations.'

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Filed Under: World History
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Q:

At low temperature, Lead behaves as a :

A) Semi conductor B) Super conductor
C) Insulator D) Conductor
 
Answer & Explanation Answer: B) Super conductor

Explanation:
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Filed Under: Chemistry
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