Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note	B) Usance Promissory Note
C) Demand Promissory Note	D) Both a & b

Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Constituent Assembly adopted Indian national flag on

A) 22nd July 1947	B) 22nd August 1947
C) 22nd January 1948	D) 22nd October 1947

Answer & Explanation Answer: B) 22nd August 1947

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry	B) Reserve Bank of India
C) Treasury	D) Currency Printing Presses

Answer & Explanation Answer: B) Reserve Bank of India

Explanation:

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Filed Under: Business Awareness
Exam Prep: Bank Exams

0 1007

Q:

Who is the author of the book titled "Walking With The Comrades"?

A) Shashi Tharoor	B) Arundhati Roy
C) Ramchandra Guha	D) Anuradha Roy

Answer & Explanation Answer: B) Arundhati Roy

Explanation:

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Which of the following does not represent the things that make a 'Smart City', under the smart city campaign?

A) Affordable housing, especially for the poor	B) Adequate water supply
C) Free health and education	D) Sustainable environment

Answer & Explanation Answer: C) Free health and education

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

One Watt = ?

A) 1 Joule/sec	B) 1 erg/sec
C) 1 Pascal/sec	D) 1 m/s

Answer & Explanation Answer: A) 1 Joule/sec

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

Carry out a task clumsily or incompetently

A)	B)
C)	D)

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