Sawaal
2
Q:

Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
C) Balance of Current Account D) No option is correct

Answer:   B) Balance of Paymen



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
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In May 2017, the Base year of All-Indian WPI (Wholesale Price Index) has been revised from 2004-05 to ______.

A) 2010-11 B) 2015-16
C) 2011-12 D) 2016-17
 
Answer & Explanation Answer: C) 2011-12

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0 693
Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958 B) April, 1959
C) April, 1995 D) April, 1957
 
Answer & Explanation Answer: D) April, 1957

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

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0 695
Q:

Which of the following CANNOT be called a Debt instrument as referred in financial transactions?

A) Certificate of Deposits B) Bonds
C) Stocks D) Commercial Papers
 
Answer & Explanation Answer: C) Stocks

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Q:

A recurring theme in economics is that people:

A) Can increase resources by limiting their economic wants B) Have unlimited resources, but limited economic wants
C) Have unlimited economic wants, but limited resources D) Have limited economic wants and limited resources
 
Answer & Explanation Answer: C) Have unlimited economic wants, but limited resources

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1 938
Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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0 684
Q:

For internal financing of Five Year Plans, the Government depends on ___________.

 

A) taxation and public borrowing   B) taxation, public borrowing and deficit financing  
C) Only taxation D) public borrowing and deficit financing
 
Answer & Explanation Answer: D) public borrowing and deficit financing

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1 10645
Q:

"Residex Index" is associated with which of these?

A) Share Prices B) Mutual Fund Prices
C) Price Inflation Index D) Housing Prices
 
Answer & Explanation Answer: D) Housing Prices

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