Indian Economy Questions

Q:

The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: C) Capital Account

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Exam Prep: Bank Exams

0 1018
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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Exam Prep: Bank Exams , CAT

0 1017
Q:

An increase in expected future income will

A) Decrease aggregate demand and aggregate supply B) Increase aggregate demand and aggregate supply
C) Increase aggregate demand D) Increase aggregate supply
 
Answer & Explanation Answer: C) Increase aggregate demand

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0 1017
Q:

Which of the following is not true about a Demand Draft?

A) It is a negotiable instrument. B) It is a banker's cheque.
C) It may be dishonoured for lack of funds. D) It is issued by a bank.
 
Answer & Explanation Answer: C) It may be dishonoured for lack of funds.

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0 1016
Q:

The __________ exchange rate is the relative price of foreign goods in terms of domestic goods.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: D) Real

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1 1015
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

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1 1014
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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0 1012
Q:

Movement along the supply curve is known as ______

A) Contraction of supply B) Expansion of supply
C) Increase in supply D) Expansion and contraction of supply
 
Answer & Explanation Answer: D) Expansion and contraction of supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1011