Bank Exams Questions

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There are six permanent members: China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan. Soon India and Pakistan will also join it.

Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

Titanwala Museum is located in India in Rajastan state.

“Pakistan would mean a massacre,” the Premier of Punjab Sir Sikandar Hyat Khan predicted to the distinguished civilian Penderel Moon as early as in October 1938 ( Divide and Quit, page 20). That was well before the Muslim League adopted the Pakistan resolution on March 23, 1940, in Lahore, radically altering Sir Sikandar's draft just 24 hours before it was passed. He repudiated it because it dropped the organic linkbetween the two parts of India, which he had provided. He told the Punjab Legislative Assembly, on March 11, 1941, “We do not ask for freedom that there may be Muslim Raj here and Hindu Raj elsewhere. If that is what Pakistan means I will have nothing to do with it.”

FPO (Follow on Public Offer) is a process by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters. FPO is used by companies to diversify their equity base. A follow-on public offer (FPO) is also called Further Public Offer.

Drop Ship refers to, a manufacturer shipping goods directly to one of its customers' customer (instead of delivering the goods to the customer that placed the order with the manufacturer).

This concept of shipping goods is called as drop ship, drop shipping or a drop shipment.

Indira Gandhi became the first woman to receive the Bharat Ratna award in 1971.