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Opportunity costs exist because

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Subject: Indian Economy Exam Prep: Bank Exams , CAT

1 1005
Q:

Which of the following measures will not increase a nation's wealth?

A) investing in new companies B) increasing efficiency of factories
C) converting grasslands into orchards D) By redistributing taxes as subsidies
 
Answer & Explanation Answer: D) By redistributing taxes as subsidies

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If demand curve for roller skates is D = 23000 - 19P and supply curve is S = 18000 + 6P, find the equilibrium Price?

A) Rs 100 B) Rs 400
C) Rs 50 D) Rs 200
 
Answer & Explanation Answer: D) Rs 200

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0 1002
Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Q:

During a recession _____

A) Producers will be cautiously optimistic. B) there will be decrease in inventory
C) There will be capacity under utilization. D) there will be expansion in bank credit
 
Answer & Explanation Answer: C) There will be capacity under utilization.

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Exam Prep: Bank Exams , CAT

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Q:

In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was

A) 3% B) 6%
C) 9% D) 12%
 
Answer & Explanation Answer: C) 9%

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Q:

Credit Rationing in India is done by

A) RBI B) SBI
C) LIC D) Finance Ministry
 
Answer & Explanation Answer: A) RBI

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 996
Q:

If the rupee depreciates, how the exporters are affected?

A) They are unaffected B) They are in loss
C) They are in profit D) They get credit crunch
 
Answer & Explanation Answer: C) They are in profit

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