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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:

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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Filed Under: Indian Economy
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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives. B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives. D) the money supply and interest rates to pursue its economic objectives.
 
Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

Explanation:
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Filed Under: Indian Economy
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Q:

Which country has released its next-generation 'Xian' H-20 stealth bomber?

A) China B) USA
C) India D) Japan
 
Answer & Explanation Answer: A) China

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

S. Balachander is associated to which musical instrument?

A) Sitar B) Santoor
C) Veena D) Sarangi
 
Answer & Explanation Answer: C) Veena

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Filed Under: Famous Personalities
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Q:

As of February 2018, which Indian Paediatrician has been appointed as the Deputy Director General (Programmes) in the World Health Organisation (WHO)?

A) Dr. Indira Hinduja B) Dr. SI Padmavati
C) Dr. Kamini Rao D) Dr. Soumya Swaminathan
 
Answer & Explanation Answer: D) Dr. Soumya Swaminathan

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Filed Under: Famous Personalities
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Q:

Mecca Masjid, Hyderabad was completed by

A) Muhammad Quli Qutb Shah B) Jahangir
C) Qutb Shahi D) Aurangazeb
 
Answer & Explanation Answer: D) Aurangazeb

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Filed Under: Indian History
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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

Explanation:
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Filed Under: Indian Economy
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