Bank PO Questions

Ashok Gehlot is the new Chief Minister of Rajasthan and Sachin Pilot is his Deputy.

Personal financial planning is the process of creating and achieving financial goals.

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.

Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

Fixed Foreign Exchange rate can be changed by Reserve Bank Of India (RBI).

The ancient goal of astrology was to predict human events.

Usain Bolt is branded as "Fast Man on Earth".