Important Economic Terminology Quiz Attempt now to get your rank among 1577 students!
What is National Income?
A Net National Product at market price B Net National Product at factor cost C Net Domestic Product at market price D Net Domestic Product at factor cost E None of these Which one of the following is NOT correct for National Income?
A Gross National Product (GNP)> Gross National Income (GNI) B Gross Domestic Product (GDP)=GNP less Net Income from Abroad C Net National Product (NNP)=GNP less Depreciation D Net Domestic Product (NDP)=NNP less Net Income from Abroad E None of the above What is nominal GDP?
A GDP calculated on current price B GDP calculated on base price C Roughly calculation of GDP D GDP at market price E None of the above / More than one of the above
How Bank Rate is different from Repo rate?
A While Repo Rate is a short-term measure, Bank Rate is a long-term measure B While Bank Rate is a short-term measure, Repo Rate is a long-term measure C No difference D While Bank Rate is used to control money supply, Repo Rate is used to finance government debt E While Repo Rate is used to control the money supply, the Bank rate increases the money supply Which of the following risks are associated with the calculation of Capital to Risk (weighted) Assets Ratio (CRAR)? I. Operational Risk II. Market Risk III. Credit Risk Select the correct option from the given option:
A Only I B Only I & II C Only III D Only I & III E All I, II & III 1577 attempts 3 upvotes 6 comments Feb 21 PO, Clerk, SO, Insurance