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.

• Q8.What is Senior Bond?

  A) It is the interest rate paid by a depository institution on the cash on deposit.
  B) It is a bond that has priority over other bonds in claiming assets and dividends.
  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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• Q9.What is Redemption Value?

  A) It is the investment which helps us to understand economic theories and concepts.
  B) It is a bond that has priority over other bonds in claiming assets and dividends.
  C) It is the money value of all goods and services produced in a country during the year.
  D) It is the value of a bond when redeemed.
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• Q10.What are Perpetual Bonds?

  A) It is the investment which helps us to understand economic theories and concepts.
  B) It is a bond that has priority over other bonds in claiming assets and dividends.
  C) It is a bond with no coupon that is sold at a deep discount from par value.
  D) It is the bond which has no maturity date.
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• Q11.What is Par Bond?

  A) It is a bond which sells at its face value.
  B) It is a bond with no coupon that is sold at a deep discount from par value.
  C) It is a bond that has priority over other bonds in claiming assets and dividends.
  D) It is the bond which has no maturity date.
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• Q12.What is Phillips Curve?

  A) It is a tax for which higher income tax payers pay a smaller fraction of their tax than do lower income tax payers.
  B) It is a curve that shows the short run tradeoff between inflation and unemployment.
  C) It is the claim that the quantity demanded of a good falls when the price of the good rises.
  D) It is the amount a seller is paid for a good minus the seller's cost.
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• Q13.What is Law of Demand?

  A) It is a tax for which higher income tax payers pay a smaller fraction of their tax than do lower income tax payers.
  B) It is the claim that the quantity supplied of a good rises when the price of the good rises.
  C) It is the claim that the quantity demanded of a good falls when the price of the good rises.
  D) It is the amount a seller is paid for a good minus the seller's cost.
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• Q14.What is Law of Supply?

  A) It is a tax for which higher income tax payers pay a smaller fraction of their tax than do lower income tax payers.
  B) It is the claim that the quantity supplied of a good rises when the price of the good rises.
  C) It is the claim that the quantity demanded of a good falls when the price of the good rises.
  D) It is the amount a seller is paid for a good minus the seller's cost.
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