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 Indian Economy Questions

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Q:

Which one of the following is NOT amethod of measurement of National Income

A) Value added method B) Income method
C) Expenditure method D) Investment method
 
Answer & Explanation Answer: D) Investment method

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Q:

Match the characteristics with their market structure:

(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic.
(b) Firm will tend to set output so that it earns maximum profits.

A) (a) Pure competition, (b) Pure Monopoly B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Oligopoly, (b) Pure Monopoly D) (a) Monopolistic competition, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Pure Monopoly

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1 3309
Q:

What is CPC  ?

A) Central Person scheme B) Central Pay commission
C) Central Paid determination D) Central Pay scheme
 
Answer & Explanation Answer: B) Central Pay commission

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Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

6 3298
Q:

Brent Index is associated with which of the followings?

 

A) crude oil prices   B) copper future prices  
C) gold future prices D) shipping rate index
 
Answer & Explanation Answer: A) crude oil prices  

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Q:

What is Rank of India in World business optimism ranking?

A) 4th B) 6th
C) 5th D) 7th
 
Answer & Explanation Answer: D) 7th

Explanation:

India slips to 7th position on the business optimism ranking.

The results of Grant Thornton’s International Business Report (IBR), a quarterly global business survey, reveal that business optimism in India has slipped from 2nd position in the last quarter to 7th position in the 3rd quarter of 2017.

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14 3283
Q:

The exercise of converting the financial outlays into physical outcomes, with fixed quarterly measurable and monitorable target is called

A) Outcome budget B) Estimated budget
C) Expenditure estimate D) None of these
 
Answer & Explanation Answer: A) Outcome budget

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Q:

Which of the following is the basic characteristic of Oligopoly ?

A) a few sellers, many buyers B) many sellers, a few buyers
C) a few sellers, a few buyers D) a few sellers, one buyer
 
Answer & Explanation Answer: A) a few sellers, many buyers

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Exam Prep: AIEEE , Bank Exams , CAT
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13 3265
Q:

Which State of India has the largest area

A) Uttar Pradesh B) Madhya Pradesh
C) Maharashtra D) Rajasthan
 
Answer & Explanation Answer: D) Rajasthan

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