Q:

The term market in economics refers to

Answer

The term market in economics refers to the place or arrangement where the buyers and sellers come to contact directly or indirectly for buying and selling goods. Market refers to not a specific or particular place it is the place for commodities..

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

3 1707

Q:

What is the slowdown in the rate of increase of prices of goods & services in National GDP over time called?

A) Deflation	B) Disinflation
C) Inflation	D) Reflation

Answer & Explanation Answer: B) Disinflation

Explanation:

In the rate ofinflation, disinflation is a decrease –in a nation'sgross domestic productover time, a slowdown in the rate of increase of the generalprice levelof goods and services. It is the opposite ofreflation. When the increase in the “consumer price level” it occurs disinflation and slows down from the previous period when the prices were rising.

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Filed Under: Indian Economy

0 1707

Q:

Red soil is normally found in India in which regions?

A) Eastern Region only	B) Southern Region only
C) Eastern & Southern part of the Deccan Plateau	D) None of these

Answer & Explanation Answer: C) Eastern & Southern part of the Deccan Plateau

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

0 1707

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

A statement which is accepted as true without proof.

A) Elegy	B) Axiom
C) Agenda	D) Almanac

Answer & Explanation Answer: B) Axiom

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1706

Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

Wild goose chase

A) An admirable enterprise	B) An honest effort
C) A foolish, unprofitable adventure	D) A powerful effort

Answer & Explanation Answer: C) A foolish, unprofitable adventure

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1706

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

The tendency to recur at intervals.

A) rotation	B) wheel
C) sequence	D) periodicity

Answer & Explanation Answer: D) periodicity

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1706

Q:

Australia Day is observed on?

A) Jan 26	B) Jan 27
C) Jan 28	D) Jan 29

Answer & Explanation Answer: A) Jan 26

Explanation:

Australia Day is observed on January 26 every year since 1788.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1706

Q:

If the angle subtended by the radius of the circle and vertex B of the triangle ABC is $40^{0}$ . Then calculate the value of $∠ B A C$

A) 350	B) 450
C) 500	D) 650

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