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Home Interview Accounting and Finance Comments

  • Question
  • The income and substitution effects account for


  • Options
  • A. the upward sloping curve
  • B. the downward sloping curve
  • C. Both A & B
  • D. None of the above

  • Correct Answer
  • the downward sloping curve 

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    Accounting and Finance problems


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    • 1. What is an example of an inflation risk?
    • Discuss
    • 2. In preparing a bank reconciliation, outstanding checks are

    • Options
    • A. Deducted from the balance sheet
    • B. Added to the bank balance
    • C. Deducted from the bank balance
    • D. Added to the balance sheet
    • Discuss
    • 3. The yield to maturity on a discount bond is

    • Options
    • A. equal to both the coupon rate / current yeild
    • B. less than the current yeild but greater than the coupon rate
    • C. greater than both the coupon rate / current yeild
    • D. equal to the current yeild but greater than the coupon rate
    • Discuss
    • 4. Saving accounts usually offer ___ interest rates than checking accounts.

    • Options
    • A. Higher
    • B. Lower
    • C. Equal
    • D. None
    • Discuss
    • 5. Which of the following is the oldest Joint Stock Bank of India ?

    • Options
    • A. Patiala Bank
    • B. Punjab National Bank
    • C. Bank of India
    • D. Allahabad Bank
    • Discuss
    • 6. Transfer payments are included in

    • Options
    • A. Government subsidies
    • B. GDP
    • C. Both A & B
    • D. None of the above
    • Discuss
    • 7. In which of the following cases will total revenue increase?

    • Options
    • A. Price rises and demand is inelastic
    • B. Price falls and supply is inelastic
    • C. Price rises and demand is elastic
    • D. Price falls and demand is inelastic
    • Discuss
    • 8. Devaluation of currency leads to

    • Options
    • A. increase in domestic prices
    • B. erratic fluctuations in domestic prices
    • C. fall in domestic prices
    • D. no impact on domestic prices
    • Discuss
    • 9. Fixed Foreign Exchange rate can be changed by

    • Options
    • A. SEBI
    • B. Ministry of Finance
    • C. RBI
    • D. All of the above
    • Discuss
    • 10. The Accounting period cycle of NSE is

    • Options
    • A. Monday to next Friday
    • B. Wednesday to next Tuesday
    • C. Wednesday to next Wednesday
    • D. Tuesday to next Wednesday
    • Discuss


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