Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note	B) Usance Promissory Note
C) Demand Promissory Note	D) Both a & b

Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
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Q:

___________ is an alternative way of representing the production function.

A) The Short Run	B) The Long Run
C) Isoquant	D) Average product

Answer & Explanation Answer: C) Isoquant

Explanation:

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Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good	B) normal good
C) exclusive good	D) inferior good

Answer & Explanation Answer: D) inferior good

Explanation:

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Q:

As of 2018, who is the CEO and president of MasterCard?

A) Prabhjot Singh	B) Ajaypal Singh Banga
C) Waris Ahluwalia	D) Darsh Singh

Answer & Explanation Answer: B) Ajaypal Singh Banga

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which among the following is not a qualification to become a Vice President of India?

A) Citizen of India	B) Above 35 years of age
C) Possess the Membership of Lok Sabha	D) Possess the Membership of Rajya Sabha

Answer & Explanation Answer: C) Possess the Membership of Lok Sabha

Explanation:

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Filed Under: Indian Politics
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Q:

In November 2017, second phase of ‘Bharat Net Project’ was launched. How much is its approximate outlay?

A) Rs 55,000 crore	B) Rs 10,000 crore
C) Rs 20,000 crore	D) Rs 34,000 crore

Answer & Explanation Answer: D) Rs 34,000 crore

Explanation:

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Q:

Who proposed the Scientific Management School of thought as opposed to the Administrative Management School of thought?

A) Henry Fayol	B) Frederick Taylor
C) Peter Drucker	D) Max Weber

Answer & Explanation Answer: B) Frederick Taylor

Explanation:

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Filed Under: Famous Personalities
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Q:

A man has some hens and some cows. If the total number of heads of hens and cows together is 50 and the nunber of feet of hens and cows together is 142, then the number of cows is

A) 21	B) 25
C) 27	D) 29

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