Bachelor of Arts in Economics (BA Economics)

The index number for the price of a good in 2002 was 142 and in 2003, it was 148.5, ona base year of 1994. What is the percent increase in price of gasoline from 2002 to 2003

by
Question:

The index number for the price of a good in 2002 was 142 and in 2003, it was 148.5, ona base year of 1994. What is the percent increase in price of gasoline from 2002 to 2003

A.

4.377%

B.

4.577%

C.

95.62%

D.

6.5%

Answer» b. 4.577%

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

If all the sets under consideration are subsets of a fixed set say ∪, then this set ∪ is called

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Question:

If all the sets under consideration are subsets of a fixed set say ∪, then this set ∪ is called

A.

universal set

B.

power set

C.

disjoint set

D.

finite set

Answer» a. universal set

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

The rate at which Central Bank grant loans to the commercial banks againstthe security is :

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Question:

The rate at which Central Bank grant loans to the commercial banks againstthe security is :

A.

repo rate

B.

reverse repo

C.

bank rate

D.

discounting bills.

Answer» c. bank rate

Note: The above multiple-choice question is for all general and Competitive Exams in India.