Q:

Expenses are recognized when

A) they are paid.	B) they contribute to the production of revenue.
C) the invoice is received.	D) they are billed by the supplier.

Answer & Explanation Answer: B) they contribute to the production of revenue.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Which level does macroeconomics focus on?

A) Government	B) Business
C) Personal	D) None

Answer & Explanation Answer: A) Government

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Q:

What does PDA stand for?

A) Personal Data Assistant	B) Personal Digital Assistant
C) Prime Data Assistant	D) Prime Digital Assistant

Answer & Explanation Answer: B) Personal Digital Assistant

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the name of the scheme for the Employees State Insurance Corporation (ESIC) beneficiaries launched in Delhi region?

A) Sakushal Humesha	B) Kahin bhi kabhi bhi
C) Jeevan Arogya	D) Shramik Kalyan

Answer & Explanation Answer: B) Kahin bhi kabhi bhi

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Q:

As of 2018, who is the chairman of the University Grants Commission (UGC)?

A) Najma Heptulla	B) Anil Saharbudhe
C) V.K. Saraswat	D) D.P. Singh

Answer & Explanation Answer: D) D.P. Singh

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Q:

HDI is an aggregate measure of progress in which of the three dimensions?

A) Health, Education, Income	B) Food Security, Employment, Income
C) Agriculture, Industry, Services	D) Height, Weight, Colour

Answer & Explanation Answer: A) Health, Education, Income

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Exam Prep: Bank Exams

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Q:

An indifference curve measures the same level of ___________

A) Output from two factors	B) Satisfaction from two commodities
C) Satisfaction from Income and Capital	D) Satisfaction from expenditure and savings

Answer & Explanation Answer: B) Satisfaction from two commodities

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Exam Prep: Bank Exams

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Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same	B) higher
C) lower	D) minimum

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