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Q:

 The difference between exports and imports is called-? 

A) assets and liabilities  B) balance of payment 
C) GDP  D) balance of trade 
 
Answer & Explanation Answer: D) balance of trade 

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Filed Under: Indian Economy
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Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

Explanation:
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Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

Explanation:
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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

Explanation:
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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Q:

What is the full form of PVC?

A) Phosphonil vinyl Carbonate B) Polyvinyl S Carbonate
C) Polyvinyl Carbonate D) Polyvinyl Chloride
 
Answer & Explanation Answer: D) Polyvinyl Chloride

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is an amphoteric oxide?

A) Aluminium oxide B) Iron oxide
C) Magnesium oxide D) Carbon dioxide
 
Answer & Explanation Answer: A) Aluminium oxide

Explanation:
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Filed Under: Chemistry
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Q:

Which of the following is called Aurum?

A) Bronze B) Gold
C) Silver D) Copper
 
Answer & Explanation Answer: B) Gold

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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