Q. The marginal revenue of a monopolist is
1) more than price
2) equal to price
3) less than marginal cost
4) less than price
Q. Demand curve of a firm under perfect competition is:
1) horizontal to ox-axis
2) negatively sloped
3) U-shaped
4) positively sloped
Q. The situation in which total revenues equals total cost, is known as:
1) Break even point
2) Monopolistic competition
3) perfect competition
4) Equilibrium level of output
Q. The expenditure made on which of the following does not require budgetary every year in India?
1) Natural calamities
2) Defence
3) Consolidated fund
4) Contingency Fund
Q. Which of the following is not a major function of the RBI in India ?
1) Issuance of Currency notes
2) To facilitate external trade and Payment and Developing a foreign exchange market in India
3) Maintaining price stability and ensuring adequate flow of credit to productive sectors
4) Formulation and monitoring the monetary and credit policy
Q. Basel Committee has given its recommendations on which of the following aspects of banking operations?
1) Marketing of bank products
2) Priority Sector lending
3) Risk Management
4) All of these
Q. India is self-sufficient in production of which of the following commodities?
1) Edible Oil
2) Milk
3) Pulses
4) Natural Gas
Q. Which of the following terms is used in Finance and Banking?
1) Line of Sight
2) Scattering Loss
3) Revenue
4) Oscillation
Q. The word 'NELP' is associated with-
1) Discovery of oil and Natural Gas
2) National Highways extension
3) Communications
4) Space Research
Q. Indian Institute of Petroleum is situated in which of the following cities ?
1) Kandla
2) Kochin
3) Dehradun
4) Visakhapatanm
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