Questions

Q:

What is the basic objective of monetary policy?

Answer

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.


The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.


Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

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Subject: Indian Economy Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What is true about economic resources?

A) Economic resources are limited. B) Economic resources are always controlled by the government.
C) Economic resources include only money. D) Economic resources exist only at the individual level.
 
Answer & Explanation Answer: A) Economic resources are limited.

Explanation:

Economic resources are those goods and services that can be converted into valuable products for individual and business purposes.

There are four major types of economic resources:

1. land,

2. labor,

3. capital and

4. entrepreneurship.

 

Land and labor are natural and human resources, while capital means physical resources or money.

Entrepreneurship converts these resources into usable goods.

 

However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Out of the four alternatives, choose the one which can be substituted for the given words/sentences and click the button corresponding to it.

Killing one's sister

A) Regicide B) Fratricide
C) Matricide D) Sororicide
 
Answer & Explanation Answer: D) Sororicide

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who is considered as the father of Jainism

Answer

Mahavira

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Subject: Indian Culture

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Q:

Which kind of energy is stored in a chemical bond?

A) Potential energy B) Kinetic energy
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) Potential energy

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

A starts a business, after 6 months B also join him with Rs.4500 and after 2 months of B’s joining C also join them with Rs.4500. If A gets approx. Rs 4900 out of total annual profit of Rs. 10,000 then find the approximate value of initial investment of A.

A) Rs.4800 B) Rs.4200
C) Rs.3600 D) Rs.4400
 
Answer & Explanation Answer: C) Rs.3600

Explanation:

Let initial investment of A = x
Ratio of profit A : B : C = 12 × x : 6×4500 :4×4500
A :B:C = x : 2250: 1500
Now ATQx/(x+2250+1500) = 4900/10000
solving this we get,x ≈ Rs 3600

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Q:

What is virtual path?

Answer

Along any transmission path from a given source to a given destination, a group of virtual circuits can be grouped together into what is called path.

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Subject: Networking
Job Role: Network Engineer

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Q:

A government subsidy to the producers of a product

A) reduces product demand B) increases product supply
C) reduces product supply D) increases product demand
 
Answer & Explanation Answer: B) increases product supply

Explanation:
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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