Description : CRR means (a) Cash Reserve Ratio ; (b) Current rate of return ; (c) Cumulative rate of return; (d) Current rate of Rupee
Last Answer : (a) Cash Reserve Ratio ;
Description : In SNRR Account, SNRR stands for _________ A. Statutory Non Resident Rupee B. Single Non Resident Rupee C. Statutory Non Reflex Rupee D. Single Non Resident Rupee E. Special Non Resident Rupee
Last Answer : E. Special Non Resident Rupee Explanation: Any person resident outside India, having a business interest in India, can open a Special Non-Resident Rupee Account (SNRR account) with an authorised dealer for the purpose of putting through bonafide transactions in rupees.
Description : A high Statutory Liquidity Ratio (SLR) (1) restricts lending (2) increases supply of cash (3) provides funds to the state (4) increases the strength of the banks
Last Answer : (1) restricts lending Explanation: Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form gold or government approved securities before providing credit to ... , suck liquidity in the market, to tighten the measure to safeguard the customers' money.
Last Answer : restricts lending
Description : At a given price increase in quantity supplied can be possible if …………… (a) There is apprehension of sharp fall in prices in future ; (b) Refund or subsidy of statutory levy in cash is given by the Government; (c) Improvement in technology led to cost saving ; (d) All the three
Last Answer : ; (d) All the three
Description : Not far off shore a ship stands with a rope ladder hanging over her side. The rope has 10 rungs. The distance between each rung is 12 inches. The lowest rung touches the water. The ocean is calm. ... hour. How soon will the water cover the third rung from the top rung of the rope ladder? -Riddles
Last Answer : When a problem deals with a physical phenonmenon, the phenonmenon should be considered as well as the numbers given. As the water rises, so does the rope ladder. The water will never cover the rung.
Description : NTPC stands for (a) National Thermal Power Corporation ; (b) Naturopathy treatment project commission. (c) Natural thermal project company ; (d) National Thermal power commission
Last Answer : (a) National Thermal Power Corporation ;
Description : TRAI stands for (a) Trans Communication Regulatory Authority of India ; (b) Telecom Regulatory Authority of India (c) Telegraphic Regulatory Authority of India ; (d) Traffic Regulatory Authority of Indi(a)
Last Answer : (b) Telecom Regulatory Authority of India
Description : BSNL stands for (a) British Sanchar Nigam Lt(d) ; (b) Bidesh Sanchar Nigam Lt(d) ; (c) Bharat Sanchar Nigam Lt(d) (d) Bhartiya Swadeshi Nigam Lt(d)
Last Answer : (d) Bhartiya Swadeshi Nigam Lt(d)
Description : The individual demand and supply curve of a product are Dx = 12-2px, Sx=3+5px, where Px stand for price and Dx and Sc respectively stands for quantity demanded and quantity supplie(d) If there are 5000 consumers and 1000 suppliers ... be the equilibrium price (a) `4 ; (b) `5 ; (c) `3 ; (d) `4.5
Last Answer : ; (c) `3 ;
Description : Repo Market means (a) A money market instrument which helps in collateral short term borrowing and lending through sale and purchase operation in debt instrument (b) A money market ... instrument which helps in collateral short term borrowing through sale and purchase operation in debt instrument
Last Answer : (a) A money market instrument which helps in collateral short term borrowing and lending through sale and purchase operation in debt instrument
Description : A natural monopoly has declining – over large range of output (a) Long run average cost ; (b) Short run average cost ; (c) Long run total cost; (d) Long run marginal cost
Last Answer : (a) Long run average cost ;
Description : Fixed costs are (a) Avoidable in the short run ; (b) Sunk cost in the short run ; (c) Sunk cost in the long run (d) Unavoidable in the long run
Last Answer : (b) Sunk cost in the short run ;
Description : The law of diminishing returns applies in……………. (a) Short run ; (b) Long run ; (c) Very short run ; (d) All the time period
Last Answer : (a) Short run ;
Description : …….. is the price at which demand for a commodity is equal to its supply (a) Normal price ; (b) Equilibrium price ; (c) Short run price ; (d) Secular price
Last Answer : ; (b) Equilibrium price ;
Description : In the short run an oligopolistic firm will (a) Make profits ; (b) Incur losses ; (c) Just break even ; (d) Any of these three are possible
Last Answer : (d) Any of these three are possible
Description : In short run a monopolistic competition firm will be in equilibrium where (a) MR = curve intersect SMC curve from above (b) MR curve intersect SMC curve from below (c) MC = AR ; (d) MR curve intersect SMC from below and P is equal to or more than AVC
Last Answer : ; (d) MR curve intersect SMC from below and P is equal to or more than AVC
Description : Which of these is associated with a monopolistic competitive market – (a) Product differentiation ; (b) Homogeneous Product ; (c) Normal in short run; (d) Single buyer
Last Answer : (c) Normal in short run;
Description : In the short run if the price is above the average total cost in a monopolistic competitive market, the firm makes (a) Profits and new firms join the market ; (b) Profit and bar entry to new firms; (c) Makes losses and exit the market ; (d) Quick profit and disappears
Last Answer : (a) Profits and new firms join the market ;
Description : Very short period is the market condition where the supply remain perfectly (a) Elastic ; (b) Inelastic ; (c) Unity elastic ; (d) Elasticity less than 1
Last Answer : (b) Inelastic ;
Description : In economic theory, in the short run all the cost are…………… (a) Fixed ; (b) Variable ; (c) Controllable ; (d) Semi variable
Last Answer : (a) Fixed ;
Description : In the short run, diminishing marginal returns is implied by (a) Rising MC ; (b) Falling MC ; (c) Rising AVC ; (d) Constant TC
Last Answer : (a) Rising MC ;
Description : In the short run which of the following is fixed (a) Labour ; (b) Capital ; (c) Raw material ; (d) None
Last Answer : (b) Capital ;
Description : If total production increases in the short run, the total cost will also…….. (a) Increase due to increase in fixed cost ; (b) Increase due to increase in variable cost (c) Increase due to increase in total cost ; (d) Remain constant
Last Answer : (b) Increase due to increase in variable cost
Description : Who according to Hitler topped the racial hierarchy? Who formed the lowest rung of the hierarchy? -History 9th
Last Answer : The Nordic German Aryans were at the top, while the Jews were located at the lowest rung of the racial hierarchy.
Description : A boat has a ladder that has six rungs; each rung is one foot apart. The bottom rung is one foot from the water. The tide rises at 12 inches every 15 minutes. High tide peaks in one hour. When the tide is at its highest, how many rungs are under water?
Last Answer : None, the boat rises with the tide.
Description : If an individual is spending his entire income on two items A and B in the ratio of 60:40. If income elasticity of A is 5 what is income elasticity of B (a) 4 ; (b) 2 ; (c) 5 ; (d) 1
Last Answer : (c) 5 ;
Description : Goods which are not perfect substitute of each other but have to be consumed in a fixed ratio will have rate of substitution (a) Unity ; (b) Less than 1 ; (c) More than 1 ; (d) Zero
Last Answer : (d) Zero
Description : Financial interrelation ratio is equal to (a) Total issues / National income ; (b) Primary issues / Net capital formation; (c) Total issues / Net capital formation ; (d) Total stock of financial assets/Stock of fiscal assets
Last Answer : (c) Total issues / Net capital formation
Description : Little trotty hetty coat in a long petticoat and a red nose the longer she stands the shorter she grows. -Riddles
Last Answer : A candle
Description : The voltage control in electric supply networks in required on account of which of the following reasons ? (a) Adjustment of voltage at consumers premises within statutory limits (b) Control of ... daily and seasonal voltage variations in accordance with variations of load (d) All of the above
Last Answer : (d) All of the above
Description : Which of these is not the function of World Bank? (a) To arbitrate on international trade disputes. (b) To help the member countries in the reconstruction and development of their countries. ... and credit by guaranteeing repayment. (d) To promote long term balanced growth of international trade.
Last Answer : (a) To arbitrate on international trade disputes.
Description : Long-term equilibrium of an Industry under a perfectly market conditions in achieved when (a) All the firms are earning normal profit ; (b) All the firms are in equilibrium ; (c) There is no further entry or exit of firms from the industry ; (d) All the three
Last Answer : (d) All the three
Description : …………… has excess production capacity in the long run (a) Perfect competition market ; (b) Monopolistic competition market ; (c) Oligopolistic market (d) None
Last Answer : (b) Monopolistic competition market ;
Description : In a pure monopoly firm a firm can make abnormal profit at the long run equilibrium level due to (a) Price discrimination;(b)Cost effectiveness ; (c) Banned entry of new firms ; (d) Sales promotion
Last Answer : (c) Banned entry of new firms ;
Description : In the long run a firm in perfect competition earns (a) Normal profit only ; (b) Abnormal profit ; (c) Average profit of past five years; (d) 12.33% profit on capital employed
Last Answer : (a) Normal profit only ;
Description : In the long run price is governed by …………. (a) Cost of Production ; (b) Demand supply forces ; (c) Marginal utility ; (d) None
Last Answer : (a) Cost of Production ;
Description : In economics, in the long run all the cost…………. (a) Are fixed ; (b) Are variable ; (c) Except labour are variable ; (d) Are non controllable
Last Answer : (b) Are variable ;
Description : Long run supply curve of a decreasing cost industry is (a) Downward sloping curve ; (b) Upward sloping curve; (c) Straight line parallel to X axis ; (d) Straight line parallel to y axis
Last Answer : (a) Downward sloping curve ;
Description : Long run supply curve of a increasing cost industry is (a) Horizontal line overlapping X axis ; (b) Upward sloping line; (c) Downward sloping line ; (d) Vertical line
Last Answer : (b) Upward sloping line;
Description : Long run supply curve of a constant cost industry is (a) Horizontal line at a price that is equal to the long run minimum average cost of production; (b) Horizontal line overlapping X axis ; (c) Vertical line at mid of X axis ; (d) Vertical line overlapping Y axis
Last Answer : (a) Horizontal line at a price that is equal to the long run minimum average cost of production;
Description : The negatively sloped part of long run cost curve of a firm is due to (a) Increase in production due to specialization and division of labour; (b) Diseconomies of scale ; (c) Diminishing returns to scale ; (d) Marginal utility theory
Last Answer : (a) Increase in production due to specialization and division of labour;
Description : The positively sloped part of long run cost curve of a firm is due to (a) Economies of scale ; (b) Diseconomies of scale; (c) Diminishing returns to scale ; (d) Marginal utility theory
Last Answer : (b) Diseconomies of scale;
Description : Little Nancy Ettistoat, in a white pettiecoat and a red nose, the longer she stands, the shorter she grows! What is it? -Riddles
Last Answer : A candle.
Description : Little Ms. Etticoat, in a white petticoat, and a red nose; the longer she stands, the shorter she grows.What is she? -Riddles
Last Answer : She is a candle.
Description : A purse contains one-rupee, 50 paise ad 25 paise coins in the ratio 4:3:6. fi the total amount in the purse is Rs 28, then find the number of 50 paise
Last Answer : A purse contains one-rupee, 50 paise ad 25 paise coins in the ratio 4:3:6. fi the total amount ... the number of 50 paise coins present in the purse.
Description : A bus and a truck are available to cross a jungle. The speed of the truck is thrice that of the bus. The capacity of the truck is 60 persons and that of bus is 40 persons. The average occupancy of the bus is twice ... boarding it and its capacity. a) 9:17 b) 17:9 c) 8:27 d) 27:8 e) None of these
Last Answer : Answer: D Average Rupee collection = Speed× capacity × Occupancy × Ticket rate Ratio of average Rupee collection of truck to that of bus= product of above rate According to question, (3×60×1×1.5):(1×40×2×1)= 270:80=27:8
Description : A bag contains 25p coins, 50p coins and 1 rupee coins whose values are in the ratio of 8:4:2.If the total values of coins is X and the total amount in rupees is Y,then which of the following is true A) X = 840; Y = 360 B) X = 966; Y = 345 C) X = 840; Y = 280 D) X = 740; Y = 260 E) None of these
Last Answer : Answer: A Value is given in the ratio 8:4:2. By option, (8x*0.25) + (4x*0.5) + (2x*1) = 840. So X=840 Y=360
Description : A bag contains one rupee, 50 paise and 25 paise coins in the ratio 2 : 3 : 5. Their total value is Rs. 144. The value of 50-paise coins is: a) Rs. 24 b) Rs. 36 c) Rs. 48 d) Rs. 72 e) None of these
Last Answer : Answer: B Sol. Let the number of one-rupee coins, 50-paise coins and 25-paise coins be 2k, 3k and 5k, respectively. ∴ 2k × 1 + 3k × 0.50 + 5k × 0.25 = 114 ⇒ 2k + 1.50k + 1.25k = 114 ⇒ 4.75k = 114 ⇒ k = 24. 50 paise value = 1.5x = 1.5*24 = 36
Description : The ratio of a bank's cash holdings to its total deposit liabilities is called the - (1) Variable Reserve Ratio (2) Cash Reserve Ratio (3) Statutory Liquidity Ratio (4) Minimum Reserve Ratio
Last Answer : (2) Cash Reserve Ratio Explanation: Cash Reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the avail-able amount with the banks comes down. The RBI uses the CRR to drain out excessive money from the system.