Question:

On the basis of functions, financial markets are classified into _________ types.

A.

5

B.

4

C.

3

D.

2

Answer» d. 2

Question:

There are _______ stages of the Law of Variable Proportions

A.

2

B.

3

C.

4

D.

5

Answer» b. 3

Question:

All the following functions are associated with commercial bank except that

A.

Commercial Bank cannot issue Paper Notes

B.

Commercial Bank acts as a Banker to the Government

C.

Commercial Banks are mostly privately – owned and privately – managed

D.

to accept Deposit from the Public is the most important function of a commercial bank

Answer» a. Commercial Bank cannot issue Paper Notes

Question:

In a firm doubles all inputs, and output doubles as well, the firm is subject to

A.

constant returns to scale

B.

increasing returns to scale

C.

decreasing returns to scale

D.

economies of scale

Answer» a. constant returns to scale

Question:

The Law of Variable Proportions relates to _________ only.

A.

long – run

B.

short – run

C.

very long run

D.

very short run

Answer» b. short – run

Question:

SDRs are used in place of _________

A.

commercial papers

B.

gold

C.

shares

D.

company deposits

Answer» b. gold

Question:

Which one of the following is not a factor of production?

A.

Land

B.

Labour

C.

Capital

D.

Bank Loan

Answer» d. Bank Loan

Question:

Dynamic Pricing is mostly followed by

A.

Automobile Manufacturing Companies

B.

Cooking Gas Supplying Companies

C.

On-line Companies

D.

Brand Name Food Companies

Answer» c. On-line Companies

Question:

Securities market in India is regulated by the ___________

A.

Government

B.

RBI

C.

SEBI

D.

SBI

Answer» c. SEBI

Question:

The subject matter of economics is distributed into __________ parts.

A.

two

B.

three

C.

four

D.

five

Answer» c. four