Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding.	B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding.	D) net income by average common shares outstanding.

Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

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Filed Under: Indian Economy
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

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

Apollo 11, the first artificial satellite that landed humans on moon, was launched in which year?

A) 1975	B) 1968
C) 1969	D) 1958

Answer & Explanation Answer: C) 1969

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Filed Under: Indian History
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

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Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates	B) will have no effect on interest rates
C) will increase supply of loanable funds	D) will put upward pressure on interest rates

Answer & Explanation Answer: D) will put upward pressure on interest rates

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Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods	B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production	D) No option is correct

Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Filed Under: Indian Economy
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Q:

In sexual reproduction a parent contributes

A) Half of their genes	B) Three-fourth of their genes
C) All the genes	D) One-fourth of their genes

Answer & Explanation Answer: A) Half of their genes

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Filed Under: Biology
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

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