Practice Question and Answer

Q:

Which of the following has appointed Nalin Negi as its new Chief Financial Officer (CFO)?

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  • 1
    Paytm
    Correct
    Wrong
  • 2
    Google Pay
    Correct
    Wrong
  • 3
    Mobikwik
    Correct
    Wrong
  • 4
    BharatPe
    Correct
    Wrong
  • 5
    Phonepe
    Correct
    Wrong
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Answer : 4. "BharatPe"
Explanation :

Fintech startup BharatPe has appointed Nalin Negi, the former chief financial officer of credit cards issuer SBI Card, as its CFO.


Q:

While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be: 

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  • 1
    40%
    Correct
    Wrong
  • 2
    $$42{6\over 7}\%$$
    Correct
    Wrong
  • 3
    30%
    Correct
    Wrong
  • 4
    $${17\over 2}\%$$
    Correct
    Wrong
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Answer : 2. "$$42{6\over 7}\%$$ "
Explanation :

Q:

A merchant purchases a wrist watch for ₹ 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then the list price of the watch is

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  • 1
    ₹ 550
    Correct
    Wrong
  • 2
    ₹ 600
    Correct
    Wrong
  • 3
    ₹ 650
    Correct
    Wrong
  • 4
    ₹ 700
    Correct
    Wrong
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Answer : 2. "₹ 600"
Explanation :

Q:

By selling 33 metres of cloth a person gain the cost price of 11 metres. find the gain%

1011 0

  • 1
    $$33{1\over3}\%$$
    Correct
    Wrong
  • 2
    $$33{1\over2}\%$$
    Correct
    Wrong
  • 3
    33%
    Correct
    Wrong
  • 4
    $$34{1\over3}\%$$
    Correct
    Wrong
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Answer : 1. "$$33{1\over3}\%$$ "
Explanation :

Q:

A fan is listed at ₹ 150 and a discount of 20% is given. Then the selling price is

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  • 1
    ₹ 120
    Correct
    Wrong
  • 2
    ₹ 110
    Correct
    Wrong
  • 3
    ₹ 180
    Correct
    Wrong
  • 4
    ₹ 150
    Correct
    Wrong
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Answer : 1. "₹ 120 "
Explanation :

Q:

An item when sold for ₹ 1,690 earned 30% profit on the cost price. Then the cost price is 

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  • 1
    ₹ 1,300
    Correct
    Wrong
  • 2
    ₹ 130
    Correct
    Wrong
  • 3
    ₹ 507
    Correct
    Wrong
  • 4
    ₹ 630
    Correct
    Wrong
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Answer : 1. "₹ 1,300 "
Explanation :

Q:

By selling a car for ₹ 64,000, Mr. Rao lost 20%. Then the cost price of the car is :

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  • 1
    ₹ 80,000
    Correct
    Wrong
  • 2
    ₹ 84,000
    Correct
    Wrong
  • 3
    ₹ 72,000
    Correct
    Wrong
  • 4
    ₹ 76,800
    Correct
    Wrong
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Answer : 1. "₹ 80,000 "
Explanation :

Q:

First level elected body and Basic unit of democracy in Panchayati Raj system is-

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  • 1
    Gram Panchayat
    Correct
    Wrong
  • 2
    Panchayat Samiti
    Correct
    Wrong
  • 3
    Zila Parishad
    Correct
    Wrong
  • 4
    Parliament
    Correct
    Wrong
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Answer : 1. "Gram Panchayat"
Explanation :

1. The Ministry of Panchayati Raj is a branch of the Government of India that looks after the ongoing process of decentralization and local governance in the states.

2. The Panchayati Raj system is the system of local self-government in rural India. Just as self-governance of urban areas is carried out through municipalities and suburban municipalities, similarly self-governance of rural areas is carried out through Panchayati Raj institutions.

3. There are three levels of Panchayati Raj institutions.

(1) Village level: Gram Panchayat

(2) Block level: Panchayat Samiti

(3) District level: District Council

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