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Q:

In which area is the public sector most dominant in India?

 

A) Organised term lending financial instistutions B) Transport
C) Commerical banking D) Steel production

Answer:   C) Commerical banking



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
Q:

Which among the following is the difference in valuebetween a countrys imports and exports?

A) Balance of Trade B) Balance of Payment
C) Balance of power D) Credit Balance
 
Answer & Explanation Answer: A) Balance of Trade

Explanation:
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0 861
Q:

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A) Capital Market B) Money Market
C) Bullion Market D) wholesale cash market
 
Answer & Explanation Answer: C) Bullion Market

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Exam Prep: Bank Exams

0 762
Q:

The rate of inflation increases when the purchasing powerof money___________ .

A) Decreases B) Increases
C) Stable D) Decrease just half
 
Answer & Explanation Answer: A) Decreases

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Exam Prep: Bank Exams

0 972
Q:

If the rupee depreciates, how the exporters are affected?

A) They are unaffected B) They are in loss
C) They are in profit D) They get credit crunch
 
Answer & Explanation Answer: C) They are in profit

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0 885
Q:

When was Consumer Protection Act (COPRA) passed?

A) 1984 B) 1980
C) 1986 D) 1995
 
Answer & Explanation Answer: C) 1986

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Exam Prep: Bank Exams , GATE
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0 979
Q:

Income and consumption are ___________.

A) directly related B) partially related
C) inversely related D) unrelated
 
Answer & Explanation Answer: A) directly related

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0 924
Q:

Which of the following is not true regard to Goods and Services Tax (GST) ?

A) It will replace luxury tax B) It is a direct tax
C) It will replace multiple taxes on a product or service D) It is an indirect tax
 
Answer & Explanation Answer: B) It is a direct tax

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Exam Prep: Bank Exams

0 806
Q:

Taxes cannot be levied by the union government in India -

A) Tax on professions B) Service tax
C) Income tax D) All of the above
 
Answer & Explanation Answer: A) Tax on professions

Explanation:

Tax on professions cannot be levied by the union government in India.

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Exam Prep: AIEEE , Bank Exams , CAT , GATE
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