Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good	B) Giffin good
C) Inferior good	D) Normal good

Answer & Explanation Answer: A) Superior good

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1065

Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365.	B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales.	D) Dividing net sales by accounts receivable.

Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1065

Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985	B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995	D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971

Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1065

Q:

What happens to the Potential and Kinetic energies of a body as it falls down from a height?

A) Its Potential energy decreases while its Kinetic energy increases	B) There is no change in its Potential or Kinetic energy
C) Its Potential and Kinetic energies decrease	D) Its Potential energy increases while its Kinetic energy decreases

Answer & Explanation Answer: A) Its Potential energy decreases while its Kinetic energy increases

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

1 1065

Q:

If the momentum of a body is tripled, its KE will

A) become three times its original value	B) remain the same
C) become six times its original value	D) become nine times its original value

Answer & Explanation Answer: D) become nine times its original value

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

0 1064

Q:

The speed of the light is maximum in

A) Air	B) Vacuum
C) Water	D) Glass

Answer & Explanation Answer: B) Vacuum

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

0 1064

Q:

Which bill can be introduced without the prior recommendation of the President of India?

A) Money Bill	B) Finance Bill
C) Ordinary Bill	D) No option is correct

Answer & Explanation Answer: C) Ordinary Bill

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1064

Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Inocculate	B) Inoculate
C) Inouclulate	D) Inoculait

Questions

Quick Links