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Simplification Questions and Answers for Competitive Exams

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Simplification Questions

Here, I am sharing Simplification Questions and answers under the Aptitude section for learners preparing for competitive exams. In this Aptitude section, many questions are asked related to Simplification Questions. Try to solve all given questions of Simplification.

Students can quickly get free General Knowledge Mock Test and Current Affairs Mock Test on this platform for online exam practice to obtain good marks in competitive exams.

Simplification Questions and Answers

  Q :  

Which fruit has the largest area under agriculture in India?

(A) Banana

(B) Jackfruit

(C) Lychee

(D) Mango

Correct Answer : D

Q :  

In which year Foreign Exchange Management Act (FEMA) came into effect?

(A) 1999

(B) 2000

(C) 2002

(D) 2003

Correct Answer : D

Q :  

Do the poor save more than the rich?

(A) Relatively large portion of their income

(B) his entire income

(C) a relatively small portion of their income

(D) equal share of his income

Correct Answer : C

Q :  

In case of joint accounts who can stop the payment?

(A) by two account holders together

(B) any one of the account holders singly.

(C) all the account holders with permission of the bank.

(D) no one can stop the payment

Correct Answer : B

Q :  

In the context of investment, what are A, AA+, and AAA+?

(A) stock exchange index

(B) credit ratings

(C) market stability index

(D) profit equity index

Correct Answer : B
Explanation :

The difference between an AA+ and AAA credit rating is that a AAA rating is considered the highest credit rating possible, while an AA+ rating is still considered a high-quality credit rating, but slightly lower than AAA.


Q :  

Which of the following is not a basis of credit?

(A) Faith

(B) Education

(C) repaying ability

(D) Period of loan

Correct Answer : B

Q :  

Production and income calculation method is from economic point of view?

(A) Sahaj

(B) Scientist

(C) practical

(D) all three

Correct Answer : D

Q :  

When was the commercial bank nationalized?

(A) 1975

(B) 1966

(C) 1969

(D) 1980

Correct Answer : C

Q :  

Which state has the highest Human Development Index (HDI) in India?

(A) Gujarat

(B) Kerala

(C) Tamil Nadu

(D) Maharashtra

Correct Answer : B

Q :  Who is the richest state in India?

(A) TamilNadu

(B) Maharashatra

(C) Kerala

(D) Mumbai

Correct Answer : B

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