Questions

Q:

 The difference between exports and imports is called-? 

A) assets and liabilities  B) balance of payment 
C) GDP  D) balance of trade 
 
Answer & Explanation Answer: D) balance of trade 

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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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:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following vitamins help in the absorption of calcium?

A) Vitamin A B) Vitamin D
C) Vitamin B D) Vitamin C
 
Answer & Explanation Answer: B) Vitamin D

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is not correct?

A) Members of Chlorophyceae are commonly called green algae B) Members of Phaeophyceae are commonly called red algae
C) Members of Rhodophyceae are commonly called red algae D) Members of Phaeophyceae are commonly called brown algae
 
Answer & Explanation Answer: B) Members of Phaeophyceae are commonly called red algae

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

It is obviously wrong as the cost of school uniform, books and stationery, and transport, ________ all are under the monopoly of the school, are not included. ______________ private schools want additional money for special occasions like festivals, picnics, ______________ and projects. And they often recommend tuition for the children. None of this ______________ in this cost calculation. However, the family __________ this burden and these items add significantly to the revenue of private schools.

 

books and stationery, and transport, ________ all are under the monopoly of the school, are not included.

 

A) that B) those
C) which D) when
 
Answer & Explanation Answer: C) which

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

They are giving something back to the planet that (being defiled) every day in a thousand ways.

 

A) is been defiled   B) is being defiled  
C) is been defiling   D) no improvement
 
Answer & Explanation Answer: B) is being defiled  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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