InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1701. |
Demand deposits are: |
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Answer» Demand deposits are: |
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| 1702. |
A commercial bank is a bank that: |
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Answer» A commercial bank is a bank that: |
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| 1703. |
Rural Development aims at improving |
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Answer» Rural Development aims at improving |
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| 1704. |
In the event of a bank failure, the Deposit Insurance and Credit Guarantee Corporation (DICGC) protects bank deposits that are payable in India. Which of the following deposits will be insured by the DICGC ? |
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Answer» In the event of a bank failure, the Deposit Insurance and Credit Guarantee Corporation (DICGC) protects bank deposits that are payable in India. Which of the following deposits will be insured by the DICGC ? |
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| 1705. |
___ is the encroachment of the desert into an area where erosion has been most severe. |
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Answer» |
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| 1706. |
___ is the heat of the sun reflecting off the earth's surface, unable to escape into space due to CFC's and carbon monoxide gases. |
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Answer» |
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| 1707. |
How does infrastructure impact productivity and induce investment? |
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Answer» How does infrastructure impact productivity and induce investment? |
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| 1708. |
How does inflation affect money stored under a mattress? |
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Answer» How does inflation affect money stored under a mattress? |
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| 1709. |
What are the indicators of educational achievements in a country? |
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Answer» What are the indicators of educational achievements in a country? |
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| 1710. |
The balance of trade shows a deficit of Rs 4,000 crore and the value of imports are Rs 10,000 crore. What is the value of exports? |
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Answer» The balance of trade shows a deficit of Rs 4,000 crore and the value of imports are Rs 10,000 crore. What is the value of exports? |
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| 1711. |
If a car is purchased by a taxi-operator, it will be regarded as a: |
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Answer» If a car is purchased by a taxi-operator, it will be regarded as a: |
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| 1712. |
Which of the following is not the main reason for giving the monopoly right of note-issue to the central bank? |
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Answer» Which of the following is not the main reason for giving the monopoly right of note-issue to the central bank? |
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| 1713. |
Distinguish between the following: (i) Strategic and minority sale (ii) Bilateral and multi-lateral trade (iii) Tariff and non-tariff barriers |
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Answer» Distinguish between the following: (i) Strategic and minority sale (ii) Bilateral and multi-lateral trade (iii) Tariff and non-tariff barriers |
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| 1714. |
Write the three major sources of human capital in India. |
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Answer» Write the three major sources of human capital in India. |
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| 1715. |
If Tata Motors imports a product from abroad, which of the following taxes will be levied on it? |
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Answer» If Tata Motors imports a product from abroad, which of the following taxes will be levied on it? |
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| 1716. |
Bharam is partner in a firm. He withdraws Rs 3,000 at the starting of each month. The books of the firm closes on March 31 every year. Calculate interest on drawings if the rate of interest is 10% pa. |
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Answer» Bharam is partner in a firm. He withdraws Rs 3,000 at the starting of each month. The books of the firm closes on March 31 every year. Calculate interest on drawings if the rate of interest is 10% pa. |
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| 1717. |
Suppose at the beginning of the year, company ABC had 5 units in its inventory. At the end of the year, it had 50 units in its inventory. The change in stock here is: |
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Answer» Suppose at the beginning of the year, company ABC had 5 units in its inventory. At the end of the year, it had 50 units in its inventory. The change in stock here is: |
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| 1718. |
Poverty, as defined by World Bank, implies living below the income of |
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Answer» Poverty, as defined by World Bank, implies living below the income of |
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| 1719. |
Is gross domestic product a true index of economic welfare of the people? Give two reasons in support of your answer. |
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Answer» Is gross domestic product a true index of economic welfare of the people? Give two reasons in support of your answer. |
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| 1720. |
Structural unemployment arises due to: |
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Answer» Structural unemployment arises due to: |
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| 1721. |
The point of trade balance is determined when: |
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Answer» The point of trade balance is determined when: |
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| 1722. |
List factors that affect precautionary demand for money. |
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Answer» List factors that affect precautionary demand for money. |
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| 1723. |
How can the government reduce inequalities of income through the budget? |
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Answer» How can the government reduce inequalities of income through the budget? |
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| 1724. |
The ability to convert one asset to another easily with no friction is called: |
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Answer» The ability to convert one asset to another easily with no friction is called: |
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| 1725. |
Rural employment guarantee scheme, 2005,scheme promises ___ days of guaranteed wage employment to all adult members of rural households who volunteer to do unskilled manual work. |
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Answer» Rural employment guarantee scheme, 2005,scheme promises |
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| 1726. |
The Dean claimed that, as a result of continued cutbacks in the budget for pure science research, fewer students are choosing a career in physics, and therefore the number of postgraduate students studying physics is likely to decline. Which two of the following sentences, if true, cast most doubt on the Dean's conclusion? A. The number of students majoring in physics at the undergraduate level has been increasing steadily over the years, a trend that is expected to continue. B. The number of students studying chemistry declined even before cutbacks in research funding were noted. C. Most postgraduate students of physics move to careers in computer science and engineering. D. The Dean's own university has recently increased the number of staff members teaching postgraduate physics. E. Most of the postgraduate students are not interested to pursue a career in basic physics research after their postgraduate study. ___ |
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Answer» The Dean claimed that, as a result of continued cutbacks in the budget for pure science research, fewer students are choosing a career in physics, and therefore the number of postgraduate students studying physics is likely to decline. Which two of the following sentences, if true, cast most doubt on the Dean's conclusion? A. The number of students majoring in physics at the undergraduate level has been increasing steadily over the years, a trend that is expected to continue. B. The number of students studying chemistry declined even before cutbacks in research funding were noted. C. Most postgraduate students of physics move to careers in computer science and engineering. D. The Dean's own university has recently increased the number of staff members teaching postgraduate physics. E. Most of the postgraduate students are not interested to pursue a career in basic physics research after their postgraduate study. |
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| 1727. |
On what basis do commercial banks create credit? |
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Answer» On what basis do commercial banks create credit? |
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| 1728. |
The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal to increase foreign investment limit (subject to the aggregate foreign institutional investors’ (FIIs) shareholding cap) to 74% for which of the following private banks in July, 2016? |
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Answer» The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal to increase foreign investment limit (subject to the aggregate foreign institutional investors’ (FIIs) shareholding cap) to 74% for which of the following private banks in July, 2016? |
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| 1729. |
Q13. Consider the following statements: 1. Base Year prices are used to calculate the real GDP 2. Base Year prices are used to calculate the nominal GDP Select the correct answer using the code given below. |
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Answer» Q13. Consider the following statements: 1. Base Year prices are used to calculate the real GDP 2. Base Year prices are used to calculate the nominal GDP Select the correct answer using the code given below. |
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| 1730. |
Finance Minister has announced that steps would be taken to rationalise subsidies which presently dominate the economy of the nation. What is the economic value of this statement? |
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Answer» Finance Minister has announced that steps would be taken to rationalise subsidies which presently dominate the economy of the nation. |
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| 1731. |
If the economy were in a recession, we would expect: |
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Answer» If the economy were in a recession, we would expect: |
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| 1732. |
Briefly explain the following : (a) Liberalisation (b) Privatisation (c) Globalisation |
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Answer» Briefly explain the following : |
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| 1733. |
State three causes of poverty. |
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Answer» State three causes of poverty. |
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| 1734. |
A rise in fiscal deficit when the government revises the salary structure of its employees leads to a rise in primary deficit as well. Comment. |
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Answer» A rise in fiscal deficit when the government revises the salary structure of its employees leads to a rise in primary deficit as well. Comment. |
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| 1735. |
ABC Ltd. is manufacturing auto spare parts on large scale. The company policy is that 3% of the daily production could be defective. Over the last two months, it is being observed t about 10-12% of production is defective. (i) What steps should be taken to correct above case? (ii) Which value is missing in the above case? |
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Answer» ABC Ltd. is manufacturing auto spare parts on large scale. The company policy is that 3% of the daily production could be defective. Over the last two months, it is being observed t about 10-12% of production is defective. (i) What steps should be taken to correct above case? |
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| 1736. |
Given that MPC = 0.8 and investment at all the levels of income is 40 crores., complete the following table: INCOME CONSUMPTIONSAVINGSINVESTMENTAD AS 060 100 200 300 400 500 600 Also calculate: (a) Break-even point (b) Equilibrium level of income (c) MPS (d) APC at the income level of 200 crores (e) APS at the income level of 100 crores |
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Answer» Given that MPC = 0.8 and investment at all the levels of income is 40 crores., complete the following table: INCOME CONSUMPTIONSAVINGSINVESTMENTAD AS 060 100 200 300 400 500 600 Also calculate: (a) Break-even point (b) Equilibrium level of income (c) MPS (d) APC at the income level of 200 crores (e) APS at the income level of 100 crores |
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| 1737. |
Get more involved in our real world. Food inflation is a fantastic way to teach our children mathematics. Try having your child plot a graph in India for different jobs between, say, 1950 and today (engineer, doctor, maid, driver). Have them plot how costs have grown in the same period, it will be a fun exercise. By the time they finish the exercise, not only will your children learn a lot, but likely you will realize too that, while our incomes have zoomed 300 times in this period, salaries of maids have probably gone up only 50 times and costs have gone up 100 times. Your maid still has a seven-day week, with no paid vacation or casual leaves. And realizing just how lucky we are is often the first step towards serious philanthropy. All the following statements can be inferred from the above paragraph expect for one. Find out the statement which cannot be inferred. |
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Answer» Get more involved in our real world. Food inflation is a fantastic way to teach our children mathematics. Try having your child plot a graph in India for different jobs between, say, 1950 and today (engineer, doctor, maid, driver). Have them plot how costs have grown in the same period, it will be a fun exercise. By the time they finish the exercise, not only will your children learn a lot, but likely you will realize too that, while our incomes have zoomed 300 times in this period, salaries of maids have probably gone up only 50 times and costs have gone up 100 times. Your maid still has a seven-day week, with no paid vacation or casual leaves. And realizing just how lucky we are is often the first step towards serious philanthropy. All the following statements can be inferred from the above paragraph expect for one. Find out the statement which cannot be inferred. |
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| 1738. |
The average propensity to save is equal to |
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Answer» The average propensity to save is equal to |
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| 1739. |
What is the reason for providing loans to the government at lower interest rates? |
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Answer» What is the reason for providing loans to the government at lower interest rates? |
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| 1740. |
Invisible items are: |
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Answer» Invisible items are: |
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| 1741. |
Do you think the current level of education expenditure is inadequate? Why? |
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Answer» Do you think the current level of education expenditure is inadequate? Why? |
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| 1742. |
Give the meaning of 'Issue of debenture as a Collateral Security' ? |
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Answer» Give the meaning of 'Issue of debenture as a Collateral Security' ? |
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| 1743. |
A quantity measured per unit of time period is known as : |
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Answer» A quantity measured per unit of time period is known as : |
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| 1744. |
Which of the following is a function of environment? |
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Answer» Which of the following is a function of environment? |
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| 1745. |
Industrial sickness is a major area of concern for our country. Enumerate the various causes of industrial sickness. |
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Answer» Industrial sickness is a major area of concern for our country. Enumerate the various causes of industrial sickness. |
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| 1746. |
For Cash reserve ratio (CRR) requirements, banks have to keep/maintain |
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Answer» For Cash reserve ratio (CRR) requirements, banks have to keep/maintain |
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| 1747. |
Economists and scholars have identified certain key issues that are associated with rural development.Write the name of some key issues. |
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Answer» Economists and scholars have identified certain key issues that are associated with rural development.Write the name of some key issues. |
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| 1748. |
Calculate Revenue Deficit, Fiscal Deficit and Primary Deficit from the following data: Items (Rs in crore) (i) Revenue expenditure 22,250 (ii) Capital expenditure 28,000 (iii) Revenue receipts 17,750 (iv) Capital receipts (net of borrowing) 20,000 (v) Interest payments 5,000 (vi) Borrowings 12,500 |
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Answer» Calculate Revenue Deficit, Fiscal Deficit and Primary Deficit from the following data: Items (Rs in crore) (i) Revenue expenditure 22,250 (ii) Capital expenditure 28,000 (iii) Revenue receipts 17,750 (iv) Capital receipts (net of borrowing) 20,000 (v) Interest payments 5,000 (vi) Borrowings 12,500 |
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| 1749. |
Name any two participants of money market. |
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Answer» Name any two participants of money market. |
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| 1750. |
What is fiscal deficit? Can there be fiscal deficit without revenue deficit? |
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Answer» What is fiscal deficit? Can there be fiscal deficit without revenue deficit? |
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