Indian Economy Questions

Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 957
Q:

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A) Capital Market B) Money Market
C) Bullion Market D) wholesale cash market
 
Answer & Explanation Answer: C) Bullion Market

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 955
Q:

Which answer figure will complete the pattern?

A) X B) W
C) V D) U
 
Answer & Explanation Answer: D) U

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 954
Q:

The demand for a normal good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: A) increase

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 954
Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods B) Capital goods
C) Veblen goods D) Giffen goods
 
Answer & Explanation Answer: D) Giffen goods

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 953
Q:

An increase in the growth rate of the nominal money supply results in

A) Lower rate of inflation B) Higher rate of inflation
C) Lower interest rates D) Currency appreciation
 
Answer & Explanation Answer: B) Higher rate of inflation

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 953
Q:

In which of the following case, law of demand fails?

A) Giffen goods B) Normal goods
C) Inferior goods D) Both Giffen and Inferior goods
 
Answer & Explanation Answer: A) Giffen goods

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

0 950
Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 950