General Knowledge Questions

Q:

Which among the following refers the existence of more than one level of Government in the Country?

A) Democracy B) Federalism
C) Monarchy D) Bicameral
 
Answer & Explanation Answer: B) Federalism

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, rate of return on his capital and age of the individual?

A) Absolute Income Hypothesis B) Relative Income Hypothesis
C) Life Cycle Hypothesis D) Permanent Income Hypothesis
 
Answer & Explanation Answer: C) Life Cycle Hypothesis

Explanation:

The life-cycle theory of consumption, popularly known as life-cycle hypothesis,' was developed by Ando and Modigliani" in the early 1960s.

The life-cycle hypothesis postulates that individual consumption in any time period depends on

(i) resources available to the individual,

(ii) the rate of return on his capital, and

(iii) the age of the individual.

The resources available to an individual consist of his existing net wealth and the present value of all his current and future labour incomes. According to the life-cycle hypothesis, a rational consumer plans consumption on the basis of all his resources and allocates his income to consumption over time so that he maximizes his total utility over his life time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What does “L” stand for in PMLA?

A) Leverage B) Limit
C) Lending D) Liberalised
 
Answer & Explanation Answer:

Explanation:

PMLA stands for Prevention of Money Laundering Act, 2002. So, L stands for Laundering. Prevention of Money Laundering Act, 2002 is an Act of the Parliament of India enacted by the NDA
government to prevent money-laundering and to provide for confiscation of property derived from money-laundering.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Name the metal that can be easily cut with a knife:

A) Copper B) Gold
C) Sodium D) Aluminium
 
Answer & Explanation Answer: C) Sodium

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Filed Under: General Science
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

Which of the following is the treatment of water pollution?

A) Bag house filter B) Windrow composting
C) Venturi scrubber D) Reverse Osmosis
 
Answer & Explanation Answer: D) Reverse Osmosis

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following constitutional Amendment Act, deals with the Elementary Education as a Fundamental Right?

A) 84th Amendment Act B) 85th Amendment Act
C) 86th Amendment Act D) 87th Amendment Act
 
Answer & Explanation Answer: C) 86th Amendment Act

Explanation:
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Filed Under: Indian Politics

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Q:

Odsha often faces natural disasters due to ____

A) earthquakes B) rainfall
C) cyclones D) drizzle
 
Answer & Explanation Answer: C) cyclones

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Who is the recipient of Kala Ratna Award 2017?

A) Anupam Kher B) Om Puri
C) Naseeruddin Shah D) Prahlaj Nihalani
 
Answer & Explanation Answer: A) Anupam Kher

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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