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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
Q:

Money market is a market for _______________

A) Short term fund B) Long term fund
C) Negotiable instruments D) Sale of shares
 
Answer & Explanation Answer: A) Short term fund

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0 977
Q:

In which of the following case, law of demand fails?

A) Giffen goods B) Normal goods
C) Inferior goods D) Both Giffen and Inferior goods
 
Answer & Explanation Answer: A) Giffen goods

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0 799
Q:

Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?

A) Amazon B) Flipkart
C) Snapdeal D) eBay
 
Answer & Explanation Answer: A) Amazon

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0 733
Q:

Which of the following gulf countries has announced to form new economic and partnership group named 'Joint Cooperation Committee' inDecember 2017?

A) UAE and Saudi Arabia B) Qatar and UAE
C) Bahrain and Kuwait D) Oman and Saudi Arabia
 
Answer & Explanation Answer: A) UAE and Saudi Arabia

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0 698
Q:

Find the similarity among the following: Makar Sankranthi, Pongal, Lohri, Baisakhi

A) All are festivals of North India B) All are names of harvest festivals
C) All are festivals celebrated in the month of January D) There is no similarity at all
 
Answer & Explanation Answer: B) All are names of harvest festivals

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0 925
Q:

What does the term 'Call Money' refer to?

A) A loan made for a very short period of a few days or aweek B) Student loans to help cover the cost of highereducation
C) Loans to allow consumers to buy homes they can'tpay for upfront D) Personal loans for any personal expenses which don'thave a designated purpose
 
Answer & Explanation Answer: A) A loan made for a very short period of a few days or aweek

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Exam Prep: Bank Exams

1 719
Q:

The term 'Zero Based Budgeting' refers to __________.

A) A specified sum of money authorized by the Legislaturefor a specific period of time B) To ensure that every rupee spent is result oriented
C) A statutorily mandated form of reimbursement or up-front payment for state expenditures D) A cost item for which payment is made by one stateagency to another
 
Answer & Explanation Answer: B) To ensure that every rupee spent is result oriented

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Exam Prep: Bank Exams

0 809
Q:

Which of the following is not a primary function of a bank?

A) Facilitating import of goods B) Remittance facility
C) Safe custody of articles D) Foreign Exchange
 
Answer & Explanation Answer: A) Facilitating import of goods

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Exam Prep: Bank Exams

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