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Simplification Questions and Answers for Competitive Exams

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Simplification Questions and AnswersSimplification Questions and Answers
Q :  

Who said that in the modern world, the industry is wearing minted garments?

(A) Crowther

(B) Trescott

(C) Pigu

(D) Marshall

Correct Answer : C

Q :  

When did the cooperative movement start in India?

(A) 1904

(B) 1907

(C) 1905

(D) 1920

Correct Answer : A

Q :  

The National Rural Employment Guarantee Scheme is named after which great man?

(A) Rajiv Gandhi

(B) Mahatma Gandhi

(C) Indira Gandhi

(D) Jawaharlal Nehru

Correct Answer : B

Q :  

India is the major importer?

(A) Pulses

(B) Oilseeds

(C) Both of these

(D) None of these

Correct Answer : C

Q :  

Where does commercial magazine commerce come from?

(A) New Delhi

(B) Kolkata

(C) New York

(D) Mumbai

Correct Answer : D

Q :  

The first bank to gain license from RBI for internet banking is:-

(A) PNB

(B) SBI

(C) corporation bank

(D) Oriental bank of commerce

Correct Answer : A

Q :  

The total number of stock exchanges in India is:-

(A) 21

(B) 22

(C) 23

(D) 24

Correct Answer : C
Explanation :

There are 23 stock exchanges in India. Among them, two are national-level stock exchanges namely Bombay Stock exchange (BSE) and National Stock Exchange (NSE). The rest 21 are Regional Stock Exchanges (RSEs).


Q :  

Which of the following will be termed as cross-selling by banks?

i. sale of a debit card to a credit card older

ii. sale of insurance policy to a depositor

iii. insurance of cash against cheque presented by a third party.

(A) only i

(B) i and ii

(C) ii and iii

(D) all of the above

Correct Answer : D

Q :  

Who has defined the vicious cycle of poverty?

(A) Ragnar Nerks

(B) Prof. Fisher

(C) None of these

(D) Prof. Cannes

Correct Answer : A

Q :  

What was the period of Teesa's terrible economic recession?

(A) 1920-30

(B) 1929-33

(C) 1918-25

(D) 1998-2009

Correct Answer : B

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