Questions

Q:

A worldwide financial messaging network which exchange messages between banks and financial institutions is known as ___________

A) CHAPS B) SWIFT
C) NEFT D) SFMS
 
Answer & Explanation Answer: B) SWIFT

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Q:

What denotes learned and shared beliefs and behaviors?

A) Culture B) Ethnicity
C) Group D) Descent
 
Answer & Explanation Answer: A) Culture

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Q:

After his stint as the Reserve Bank Governor, which University in USA did Raghuram Rajan join as professor of Finance?

A) Harvard Business School, Boston B) Berkeley Haas, California
C) Booth School, Chicago D) Columbia Business School, New York
 
Answer & Explanation Answer: C) Booth School, Chicago

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Q:

Which one among the following administers the International Development Association (IDA)?

A) UNDP B) UNIDO  
C) IFAD   D) IBRD
 
Answer & Explanation Answer: D) IBRD

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Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax B) Entertainment tax
C) Income tax D) Gift tax
 
Answer & Explanation Answer: B) Entertainment tax

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150 B) Rs 1000
C) Rs 400 D) Rs 50
 
Answer & Explanation Answer: B) Rs 1000

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