Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities	B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities	D) current liabilities and long-term liabilities

Answer & Explanation Answer: D) current liabilities and long-term liabilities

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply	B) Demand
C) Price	D) Stock Market

Answer & Explanation Answer: C) Price

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Exam Prep: Bank Exams

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Q:

Which of the following periodicals is not correctly matched with its editor?

A) Bande Mataram:Aurobindo Ghosh	B) New India:Bipin Chandra Pal
C) Yugantar:Bhupendranath Dutta	D) Sandhya:Barindra Ghosh

Answer & Explanation Answer: D) Sandhya:Barindra Ghosh

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Who wrote the book 'Two Fates - The Story of My Divorce', which is a parody of Chetan Bhagat's 'Two States - The Story of My Marriage'?

A) Namita Gokhale	B) Judy Balan
C) Swati Kaushal	D) Arundati Roy

Answer & Explanation Answer: B) Judy Balan

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Total asset turnover is used to evaluate

A) The efficiency of management's use of assets to generate sales	B) The need for asset replacement
C) The cash flows used to acquire assets	D) The relation between asset cost and book value

Answer & Explanation Answer: A) The efficiency of management's use of assets to generate sales

Explanation:

Total asset turnover is the ratio which measures the value of a company's sales or revenues relative to the value of its assets. It is used to evaluate The efficiency of management's use of assets to generate sales.

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

Permanent settlement was a feature of___________.

A) Zamindari System	B) Mahalwari System
C) Ryotwari System	D) No option is correct

Answer & Explanation Answer: A) Zamindari System

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Petrodava Dacian Fortress is a famous archaeological landmark in

A) Chile	B) Romania
C) Bulgaria	D) France

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