Description : For which function money is accepted as a unit of account? (a) Measure of value. (b) Store of value. © Medium of exchange. (d) Standard of deferred payment.
Last Answer : (a) Measure of value.
Description : The permission given to a bank customer to draw cheques in excess of his current account balance is called - (1) a personal loan (2) an ordinary loan (3) discounting a bill of exchange (4) an overdraft
Last Answer : (4) an overdraft Explanation: Overdrafts is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the ... available balance goes below zero. In this situation the account is said to be "overdrawn."
Description : The permission given to a bank customer to draw cheques in excess of his current account balance is called (1) a personal loan (2) an ordinary loan (3) discounting a bill of exchange (4) an overdraft
Last Answer : an overdraft
Description : Which of the following is an example of fiscal policy (a) Change in interest rate (b) Change in tax rate © Controlling money supply (d) Manipulating bank rate
Last Answer : (b) Change in tax rate
Description : Comparative advantage occurs when (a) A country can produce more goods than anyone else (b) A country has a lower opportunity cost in the production of a good than any other country © A country has more product lines than other countries (d) The exchange rate appreciates.
Last Answer : (b) A country has a lower opportunity cost in the production of a good than any other country
Description : Exchange of goods against goods is called (a) Charter (b) Barter © Hunter (d) None of them.
Last Answer : (b) Barter
Description : Gains from trade can be divided into two parts (a) gains from exports and gains from imports. (b) gains from specialization and gains from exchange. © gains from consumption and gains from production. (d) gains from profit and gains from loss.
Last Answer : (b) gains from specialization and gains from exchange.
Description : Mark the compound which posses ionic, covalent and co–ordinate bond:
Last Answer : NH4Cl
Description : What is the largest bank in India? (a) United bank of India (b) Punjab National Bank. © Bank of India. © State Bank of India.
Last Answer : © State Bank of India.
Description : Which bank enjoys monopoly power of note issue? (a) NABARD. (b) Commercial Bank. © Central Bank. (d) Regional Rural Bank.
Last Answer : © Central Bank.
Description : Which bank is called lender of the last resort? (a) Agricultural bank. (b) Industrial bank. © Commercial bank. (d) Central bank.
Last Answer : (d) Central bank.
Description : Which of the following is not the function of commercial bank? (a) Acceptance of deposits. (b) Advancing loans. © Issue of paper notes. (d) Credit control.
Last Answer : © Issue of paper notes.
Description : Which bank deals with short term credit? (a) Agricultural Bank. (b) Industrial Bank. © Commercial Bank. (d) None of these.
Last Answer : © Commercial Bank.
Description : Refinance facility is provided by NABARD. Which institutins can avail it. (a) Commercial Bank. (b) Regional Rural Banks. © State Cooperative Banks. (d) All of the above.
Last Answer : (d) All of the above.
Description : Which of the following is not an apex institution? (a) SIDBI. (b) NABARD. © SBI. (d) State Cooperative Bank.
Last Answer : © SBI.
Description : Which bank enjoys monopoly power of note issue? (a) NABARD (b) Agricultural bank © Industrial bank (d) Central bank.
Description : Which bank is called lender of the last resort? (a) Agricultural bank (b) Industrial bank © Commercial bank (d) Central bank
Last Answer : (d) Central bank
Description : Which type of bank deals with short term credit? (a) Agricultural bank (b) Industrial bank © Commercial bank (d) None of these
Last Answer : © Commercial bank
Description : "Legal Tender Money" refers to : (1) Cheques (2) Drafts (3) Bill of exchange (4) Currency notes
Last Answer : (4) Currency notes Explanation: Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common ... tender in many countries. Legal tender money is a type of payment that is protected by law.
Description : “Legal Tender Money” refers to : (1) Cheques (2) Drafts (3) Bill of exchange (4) Currency notes
Last Answer : Currency notes
Description : List of goods being transported, made out by the carrier is called ? 1. Bill of Exchange 2. Waybill 3. Indemnity Bond 4. Lorry Bond 5. None of these
Last Answer : Waybill
Description : Opportunity cost is a/an (a) spill-over cost (b) money cost © alternative cost (d) social cost
Last Answer : © alternative cost
Description : Specific tariffs are collected as (a) Fixed amount of money per unit traded (b) A percentage of the price of the product © A percentage on the quantity of imports (d) All of the above.
Last Answer : (a) Fixed amount of money per unit traded
Description : flation (a) Always reduces cost of living (b) Always reduces standard of living © Reduces price of products (d) Reduces purchasing power of money
Last Answer : (d) Reduces purchasing power of money
Description : )The process control charts are used: 1. to graph what typically focuses on the prevention of a problem 2. to detect the problem 3. to reject the problem 4. to determine the acceptability of the same
Last Answer : 1. to graph what typically focuses on the prevention of a problem
Description : Acceptability of the tractor and power tiller is not very common because of high initial a) price b) coverage c) investment d) power requirement
Last Answer : c) investment
Description : According to Hofstede, which dimension of a national culture measures the acceptability of a large difference in status and power among its citizens? A. Individualism versus collectivism B. Masculinity versus femininity C. Uncertainty avoidance D. Power distance
Last Answer : Power distance
Description : What is the primary approach that is used by the IRB to assess the ethical acceptability of a research study? a. Utilitarianism b. Deontology c. Ethical skepticism d. Comparativeism
Last Answer : a. Utilitarianism
Description : The following is true of anti-H.pylori therapy except: A. It is indicated in all patients of peptic ulcer B. Resistance to any single antimicrobial drug develops rapidly C. Concurrent ... efficacy of the regimen D. Colloidal bismuth directly inhibits H.pylori but has poor patient acceptability
Last Answer : A. It is indicated in all patients of peptic ulcer
Description : The side effect which primarily limits acceptability of oral iron therapy is: A. Epigastric pain and bowel upset B. Black stools C. Staining of teeth D. Metallic taste
Last Answer : A. Epigastric pain and bowel upset
Description : D) Axis Bank Explanation: Axis Bank raised $500 million at the London Stock Exchange after it launched India‘s first internationally-listed certified green bond to finance climate change solutions around the world.
Last Answer : Recently, Dr. R Seetharaman has been honored with the 2016 Green Economy Visionary Award. He is the CEO of A) South Indian Bank B) Federal Bank C) Doha Bank D) Deutsche Bank E) None of these
Description : What is the value of the the bank US 1000 dollar bill 8894 bond?
Last Answer : What is the answer ?
Description : The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the ... the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above
Last Answer : A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof
Description : Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank
Last Answer : (3) Controlling government spending Explanation: A central bank, reserve bank, or monetary authority is a public institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.
Description : The business in Stock Markets and other securities markets is regulated - (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India
Last Answer : (1) Securities and Exchange Board of India Explanation: As per the Securities and Exchange Board Of India (SEBI) Act, 1992, SEBI is responsible for protecting the interests of investors in ... is the duty of SEBI to regulate the business in stock exchanges and any other securities markets.
Description : Purchasing Power Parity theory is related with - (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate
Last Answer : (4) Exchange rate Explanation: Purchasing power parity (PPP) is an economic theory and a technique used to determine the relative value of currencies, estimating the amount of adjustment needed on the ... that PPP rate, an amount of money thus has the same purchasing power in different countries.
Description : Under flexible exchange rate system, the exchange rate is determined by - (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies
Last Answer : (2) the forces of demand and supply in the foreign exchange market Explanation: A floating exchange rate is a type of exchange rate regime wherein a currency's value is allowed to ... by the foreign-exchange market through supply and demand for that particular currency relative to other currencies.
Description : Under flexible exchange rate system, the exchange rate is determined by (1) the Central Bank of the country (2) the forces of demand and supply in the foreign exchange market (3) the price of gold (4) the purchasing power of currencies
Last Answer : the forces of demand and supply in the foreign exchange market
Description : Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank
Last Answer : Controlling government spending
Description : The business in Stock Markets and other securities markets is regulated (1) Securities and Exchange Board of India (2) Sole Trade and Exchange Bank of India (3) State and Exchange Bank of India (4) Stock and Exchange Bank of India
Last Answer : Securities and Exchange Board of India
Description : Purchasing Power Parity theory is related with (1) Interest rate (2) Bank rate (3) Wage rate (4) Exchange rate
Last Answer : Exchange rate
Description : Leontief’s input output model is based on the concept of----- (a) Consumption function (b) Partial Equilibrium © General Equilibrium. (d) All of the above.
Last Answer : © General Equilibrium.
Description : Which of the following is not an important document in foreign trade? A. a check for the value of goods B. a draft C. bill of lading D. a letter of credit E. none of the above
Last Answer : A. a check for the value of goods
Description : Leontief’s model is open due to the fact that final demand is given from----- the system (a) within (b) outside © both (a) and (b) (d) none of the above.
Last Answer : (b) outside
Description : Factors of production in Input Output model is---- (a) one (b) two © three (d) four
Last Answer : (a) one
Description : Leontief”s model explains a----- equilibrium. (a) static (b) dynamic © both static and dynamic (d) none of the above
Last Answer : (a) static
Description : The isoquants in Input Output model is (a) convex to the origin (b) concave to the origin © l shaped. (d) straight line.
Last Answer : © l shaped.
Description : In Input Output model only----product is produced (a) One (b) Two © Three (d) Four
Last Answer : (a) One (d) Four
Description : Hawkins Simon condition explains the----- condition in Input output model (a) Instability (b) Stability © Uniqueness (d) None of the above
Last Answer : (b) Stability