Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million	B) $250 million
C) $580 million	D) $610 million

Answer & Explanation Answer: B) $250 million

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Q:

Time period of Annual Plans was ___________.

A) 1990-1992	B) 1987-1990
C) 1992-1994	D) No option is correct

Answer & Explanation Answer: A) 1990-1992

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Q:

The consumption schedule relates:

A) disposable income to domestic income.	B) consumption to the level of disposable income.
C) consumption to saving.	D) saving to the level of disposable income.

Answer & Explanation Answer: B) consumption to the level of disposable income.

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Exam Prep: Bank Exams , CAT

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period	B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales	D) How long it takes to sell merchandise inventory

Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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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.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

_____have attempted to define a happy life

A) Professors	B) Thinkers
C) Researchers	D) Scientists

Answer & Explanation Answer: B) Thinkers

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Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country	B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves	D) Rate at which banks lend to money lenders

Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers	B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre	D) then wages for manual tea leave pickers will fall

Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Q:

Shah Jahan (1627–1657 AD) was the ruler of which dynasty?

A) Mughal	B) Nanda
C) Maurya	D) Haryanka

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