Post Bride Course Assessment

1. The Core function of a Commercial Bank is to

• a) Make Fund available to those who needed

• b) Give credit to Government

• c) Follow RBI Regulations

• d) Issue Cheque

2. Reserve Bank of India act was enacted in the year

• a) 1933

• b) 1934

• c) 1935

• d) 1936

3. Which among the following is a Foreign Bank

• a) HSBC Bank

• b) Axis banks

• c) Kotak Mahindra banks

• d) Bank of Baroda

4. Bodies are accountable to the Parliament or State Legislature

• a) Judicial Bodies

• b) Statutory bodies

• c) Constitutional Bodies

• d) Advisory bodies

5. Comptroller and Auditor General of India (CAG) is a ……….………… body

• a) Constitutional body

• b) Statutory body

• c) Judicial body

• d)Advisory body

6. 6. __________ is defined as the change in output per unit of change in the input when all other inputs are held constant.

• a) Average product,

• b) Marginal product

• c) Total product

• d) Average physical product

7. 7. Assertion (A):Demand curve is downward sloping

   Reason (R):Marginal utility of a product decreases as consumption increases

• a) Both A&B are TRUE and R is the correct explanation of A,

• b) Both A&B are TRUE, But R is the incorrect explanation of A

• c) A is TRUE But R is FALSE,

• d) A is FALSE But R is TRUE)

8. 8. MRTS stands for.....

• a) Marginal Receipt of Technical Substitution,

• b) Marginal Rate of Technological Substitution

• c) Marginal Rate of Technical Substituition,

• d) Marked Rate of Technical Subscription)

9. 9. ) Fixed Exchange rate system otherwise called as.....

• a) Pegged Exchange rate system,

• b) Cash reserve system

• c) Mercantile System,

• d) Federal System

10. 10. The Govt.imposed upper limit on the price of goods or services to protect the interest of consumers is called.....

• a) Price skimming

• b) Price Ceiling

• c) Price Rigging

• d) Price floor