Economy

Nowadays, there is a separate section for General knowledge in most of the competitive exams and interviews, which plays a major role in final merit listing of Candidates.Economy is very useful for those aspirants who are preparing for competitive exams such as Written test of Bank Exams, CAT Exams, Railway Exams, SSC, UPSC,Banking,Insurance, Defence and many more.

• Q1.What is Blue Chips?

  A) It is the interest rate paid by a depository institution on the cash on deposit.
  B) It is the short-term and unsecured promissory note issued by corporations.
  C) These are unsurpassed in quality and have a long and stable record of earnings and dividends.
  D) It is the money value of all goods and services produced in a country during the year.
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• Q2.What is Capital Gain?

  A) It is the amount by which the proceeds from the sale of a capital asset exceed its original purchase price.
  B) It is the short-term and unsecured promissory note issued by corporations.
  C) It is a bond with no coupon that is sold at a deep discount from par value.
  D) It is the money value of all goods and services produced in a country during the year.
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• Q3.What is Commercial Paper?

  A) It is the interest rate paid by a depository institution on the cash on deposit.
  B) It is the short-term and unsecured promissory note issued by corporations.
  C) It is a bond with no coupon that is sold at a deep discount from par value.
  D) It is the money value of all goods and services produced in a country during the year.
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• Q4.What is Credit Rating?

  A) It is an assessment of the likelihood of an individual or business being able to meet its financial obligations.
  B) It is the short-term and unsecured promissory note issued by corporations.
  C) It is a bond with no coupon that is sold at a deep discount from par value.
  D) It is the money value of all goods and services produced in a country during the year.
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• Q5.What are Floating Rate Bonds?

  A) It is the interest rate paid by a depository institution on the cash on deposit
  B) It is the short-term and unsecured promissory note issued by corporations
  C) It is the bond which bears interest payments that are tied to current interest rates
  D) It is the money value of all goods and services produced in a country during the year
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• Q6.What is Zero Coupon Bond?

  A) It is the interest rate paid by a depository institution on the cash on deposit.
  B) It is the short-term and unsecured promissory note issued by corporations.
  C) It is a bond with no coupon that is sold at a deep discount from par value.
  D) It is the money value of all goods and services produced in a country during the year.
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• Q7.What is Virtual Banking?

  A) It is the interest rate paid by a depository institution on the cash on deposit.
  B) It is the banking through which financial and banking services are accessed via internet's World Wide Web.
  C) It is a bond with no coupon that is sold at a deep discount from par value.
  D) It is the money value of all goods and services produced in a country during the year.
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