Q:

The difference between exports and imports is called-?

A) assets and liabilities	B) balance of payment
C) GDP	D) balance of trade

Answer & Explanation Answer: D) balance of trade

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition	B) Monopoly
C) Oligopoly	D) Monopolistic Competition

Answer & Explanation Answer: B) Monopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What was the major decision that took place in 1987 Montreal Conference?

A) Developed countries will completely ban CFC production by 2000	B) Developed countries will completely ban CFC production by 2010
C) Developing countries will completely ban CFC production by 2000	D) Developing countries will completely ban CFC production by 2020

Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A deep crack in a glacier is called

A) A crevice	B) A crevasse
C) A crack	D) A cleft

Answer & Explanation Answer: B) A crevasse

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

What is the name of ecologically clean rocket developed by Russia based space research center?

A) Angara	B) Vostok
C) Korolev	D) Luna

Answer & Explanation Answer: A) Angara

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The instrument that measures the ______________ is called an anemometer.

A) wind speed	B) pressure
C) humidity	D) rainfall

Answer & Explanation Answer: A) wind speed

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which Railway station in Uttar Pradesh (UP) has been renamed as 'Maa Barahi Devi Dham'?

A) Dandupur railway station	B) Amroha railway station
C) Basti railway station	D) Subedarganj railway station

Answer & Explanation Answer: A) Dandupur railway station

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In India, who is known as the highest law officer?

A) President of India	B) Attorney General of India
C) Comptroller and Auditor General of India	D) Advocate General of the State

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