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IBPS PO CWE Exam General Awareness Study Material

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Banking & Economics

In the national context which of the following indicates Macro Approach ?

a) Sales of Bata Shoe Company
b) Exports of Mangoes to UK
c) Income from Railways.
d) Inflation in India.

✔Answer

Correct Answer Is : Inflation in India.

Solution Is :

Internal economies

a) Arise in an economy as it makes progress.
b) Accrue to a firm when it expands its output.
c) Arise when there is expansion in internal trade.
d) Arise when there is expansion in an industry.

✔Answer

Correct Answer Is : Arise when there is expansion in an industry.

Solution Is :

One of the features of a free market economy is

a) Public ownership of factors of production
b) Rationing and price control
c) Consumer’s sovereignty
d) Active state intervention

✔Answer

Correct Answer Is : Consumer’s sovereignty

Solution Is :

Gross National Product – Depreciation Allowance = ?

a) Gross Domestic Product
b) Personal Income
c) Net National Product
d) Per Capita Income

✔Answer

Correct Answer Is : Net National Product

Solution Is :

The Panchayat Samiti remains accountable for its functions to

a) The Gram Panchayats and Gram Sabhas
b) Zilla Parishads
c) Anchal Panchayats
d) Janpad Panchayats

✔Answer

Correct Answer Is : Zilla Parishads

Solution Is :

The legislature gains a priority over the executive in

a) A Federal Government
b) An Authoritarian Government
c) A Parliamentary Government
d) A Presidential Government

✔Answer

Correct Answer Is : A Parliamentary Government

Solution Is :

The legislature in a democratic country can influence public opinion by

a) Granting rights
b) Enacting non-controversial laws
c) Defining the duties of the citizens
d) Focusing attention on public issues

✔Answer

Correct Answer Is : Focusing attention on public issues

Solution Is :

If the President wants to resign from his office, he may do so by writing to the

a) Vice President
b) Chief Justice of India
c) Prime Minister
d) Speaker of Lok Sabha

✔Answer

Correct Answer Is : Vice President

Solution Is :

The Women’s Reservation Bill seeks how much reservation for women in the State assemblies and Lok Sabha ?

a) 30%
b) 25%
c) 33%
d) 36%

✔Answer

Correct Answer Is : 33%

Solution Is :

What is the fascist view of state ?

a) State enhances the ideal of individualism
b) Nation state is unquestionably sovereign
c) State is the instrument of exploitation in the hands of few.
d) State is under the control of a king

✔Answer

Correct Answer Is : Nation state is unquestionably sovereign

Solution Is :

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IBPS PO CWE Exam General Awareness Study Material

Banking & Economics

In the national context which of the following indicates Macro Approach ?

Correct Answer Is : Inflation in India.

Solution Is :

Internal economies

Correct Answer Is : Arise when there is expansion in an industry.

Solution Is :

One of the features of a free market economy is

Correct Answer Is : Consumer’s sovereignty

Solution Is :

Gross National Product – Depreciation Allowance = ?

Correct Answer Is : Net National Product

Solution Is :

The Panchayat Samiti remains accountable for its functions to

Correct Answer Is : Zilla Parishads

Solution Is :

The legislature gains a priority over the executive in

Correct Answer Is : A Parliamentary Government

Solution Is :

The legislature in a democratic country can influence public opinion by

Correct Answer Is : Focusing attention on public issues

Solution Is :

If the President wants to resign from his office, he may do so by writing to the

Correct Answer Is : Vice President

Solution Is :

The Women’s Reservation Bill seeks how much reservation for women in the State assemblies and Lok Sabha ?

Correct Answer Is : 33%

Solution Is :

What is the fascist view of state ?

Correct Answer Is : Nation state is unquestionably sovereign

Solution Is :

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