Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note	B) Usance Promissory Note
C) Demand Promissory Note	D) Both a & b

Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1048

Q:

Which level does macroeconomics focus on?

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

Answer & Explanation Answer: A) Government

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What denotes offering several products for sale as one combined product?

A) Advertisement	B) Product mix
C) Product bundling	D) Differentiation

Answer & Explanation Answer: C) Product bundling

Explanation:

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Exam Prep: Bank Exams

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Q:

Which of the following statements is wrong with regard to strong acids?

A) Strong acids react very rapidly with other substances (such as metal carbonates and metal hydrogen carbonates)	B) Hydrochloric acid, Sulphuric acid and Nitric acid are strong acids
C) Acids are those chemical substances that have a salty taste	D) All minerals acids are strong acids

Answer & Explanation Answer: C) Acids are those chemical substances that have a salty taste

Explanation:

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Filed Under: Chemistry
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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product	B) Law of variable proportions
C) The Short Run	D) The Long Run

Answer & Explanation Answer: A) Law of diminishing marginal product

Explanation:

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Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958	B) April, 1959
C) April, 1995	D) April, 1957

Answer & Explanation Answer: D) April, 1957

Explanation:

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Q:

Battle of Plassey was fought by the British under the leadership of

A) Robert Clive	B) Lord Dalhousie
C) Warren Hastings	D) James Heartly

Answer & Explanation Answer: A) Robert Clive

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The country which tops in the production of cocoa is __________ .

A) Ghana	B) Brazil
C) Ivory Coast	D) Nigeria

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