Q. Brent index is associated with
1) shipping rate index
2) crude oil prices
3) copper future prices
4) gold future prices
Q. Which among the following monoculture crops provide(s) immediate cash to the farmers?
1. Tea in Assam
2. Rubber in Africa
3. Sugarcane in Malaysia
4. Coffee in Brazil
Select the correct answer using the code given below:
Codes:
1) 2 and 3
2) 1 only
3) 3 and 4
4) 1 and 4
Q. Which one among the following is not true of the planning Commission?
1) It indicates the factors which tend to retard economic development
2) It is an advisory body and makes recommendations to the cabinet
3) It is responsible for formulation of a plan for the most effective and balanced utilisation of the country's resources
4) It is responsible for the execution of development programmes and plans
Q. Which of the following is a private bank in India?
1) South Indian Bank
2) Oriental Bank of Commerce
3) Corporation Bank
4) Syndicate Bank
Q. Which one of the following statements about RBI is 'True'?
1) RBI maintains the foreign exchange reserves of India
2) RBI is the regulator of Banks and Securities market in India
3) RBI started functioning from 1870
4) None of these
Q. Which term is used in the field of Banking?
1) Current Account
2) Plasma
3) Follow on
4) Cold chain
Q. Which one of the following is presently the largest oil refinery of India?
1) Mathura (IOC)
2) Visakhapatnam (HPCL)
3) Vadodara
4) Mumbai (BPCL)
Q. Who propounded the Innovation theory of profits?
1) P.A.Samuelson
2) Alfred Marshall
3) J.A.Schumpeter
4) David Ricardo
Q. The degree of monopoly power is to be measured in terms of the firm's
1) normal profit
2) selling price
3) supernormal profit
4) both normal and supernormal profit
Q. Which one of the following is not a 'canon of taxation' according to Adam Smith?
1) Canon of convenience
2) canon of economy
3) Canon of simplicity
4) canon of certainty
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