Sawaal
4
Q:

A raise in the price of a product causes

A) an increase in competition B) an increase in demand
C) a decrease in competition D) a decrease in supply

Answer:   A) an increase in competition



Explanation:

The raise in the price of a product may be due to increase in cost of production, increase in the demand of the product and increase in the margin.

 

When the price of a product increases its demand may fall as per the Law of Demand and an increase in the competition.

Subject: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO
Related Questions
Q:

What is the most direct cause of customer loyalty?

 

A) Friendly staff B) High food safety standards
C) Good records D) Delicious food
 
Answer & Explanation Answer: B) High food safety standards

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

24 58825
Q:

The basic goal of integrated marketing communications is to

 

 

A) communicate the value proposition to the target market B) tell the world about your company
C) create desire D) manipulate consumers
 
Answer & Explanation Answer: A) communicate the value proposition to the target market

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

37 55242
Q:

As per the guidelines issued by the RBI in September 2017, all Peer-to-Peer lending (P2P) platforms will be treated as ______.

 

A) Payment Banks   B) Small Finance Banks  
C) NBFCs D) Regional Rural Banks
 
Answer & Explanation Answer: C) NBFCs

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

3 1519
Q:

Business transaction are recorded

A) in chronological order B) at the end of the month
C) weekly D) any of the above
 
Answer & Explanation Answer: A) in chronological order

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

6 1740
Q:

Which major bank has launched the 'Unnati Credit Card' in 2017 to enhance credit inclusion in India?

A) SBI B) Axis Bank
C) HDFC Bank D) ICICI Bank
 
Answer & Explanation Answer: A) SBI

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

5 1729
Q:

On a classified balance sheet, companies usually list current assets

A) in the order of acquisition. B) with the largest dollar amounts first.
C) in alphabetical order. D) in the order in which they are expected to be converted into cash.
 
Answer & Explanation Answer: D) in the order in which they are expected to be converted into cash.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams , CAT

4 1558
Q:

A trial balance will not balance if

A) Rs.500 cash payment to creditors is debited to creditors a/c for Rs.50 and credited to cash Rs.500. B) correct journal entry is posted twice
C) the purchase on credit basis is debited to purchases and credited to cash D) None of the above
 
Answer & Explanation Answer: A) Rs.500 cash payment to creditors is debited to creditors a/c for Rs.50 and credited to cash Rs.500.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

4 1736
Q:

 In December 2017, as per the announcement made by the finance Ministry, nearly how much amount have banks lost on account of frauds in the fiscal 2016-17?

A) Rs 50,000 crore B) Rs 5000 crore
C) Rs 17,000 crore D) Rs 1,000 crore
 
Answer & Explanation Answer: C) Rs 17,000 crore

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: Bank Exams

6 1638