Q:

The international trade effect states that

A) an increase in the price level will lower net exports.	B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports.	D) an increase in the price level will lower imports

Answer & Explanation Answer: A) an increase in the price level will lower net exports.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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:

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:

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 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

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Q:

Which among the following is an example of micro-economic variable?

A) National Income	B) Aggregate Supply
C) Employment	D) Consumer's Equilibrium

Answer & Explanation Answer: D) Consumer's Equilibrium

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

For dilution of a concentrated acid, we should add:

A) water into the diluted acid	B) water into the concentrated acid
C) first water into the acid and then more acid into the water	D) concentrated acid into water

Answer & Explanation Answer: B) water into the concentrated acid

Explanation:

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Filed Under: Chemistry
Exam Prep: AIEEE , 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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