NS Toor School of Banking App: NS Toor App Email ns.toor@gmail.com Phone 01722665623 o Attitude serves 4 different functions that include knowledge function 20 defensive function value-expression function emotional function bbehaviourial fanction adjustment function isi, i, iv ‘The following statements are either TRUE or FALSE. Which do not match? Organizations cannot take responsibility of individual’s career - True Career planning is not one time exercise, plans have to change - True Career planning is sequencing events for development - False Career progression is right of the individual - False iv ‘Which of the following is not subject matter of macro economics: how total investment is decided ‘what causes international financial crisis how Central banks manage money and interest none of these With witich of the following, the micro-economics is related” employment position in the economy growth rate of gross domestic product inflation rate in the economy behaviour of an Individual consumer ‘When the demand curve slopes downwards, it shows that: for rising price, the quantity demanded will increase for rising price, the quantity demanded will decrease for decreasing price, the quantity demanded will decrease for decreasing price, the quantity demanded will not change ‘The term market clearing price means: ‘optimum price equilibrium priceNS Toor School of Banking App: NS Toor App Email ns.toor@gmail.com Phone 01722665623 neces aacee neon eeereg spore commercial price concessional price If there is increase in the price of a commodity and its quantity demanded also increase, ‘means that there is shift in supply curve from left to right supply curve from right to left demand curve from left to right demand curve from right to left ‘There is no change in price, but quantity demanded decreased. Which of the following, could Be the reason, assuming that the good represented is an inferior good all of the following are correct an inerease in buyers’ incomes ‘a decrease in the expected future price of the good an inerease in the price of the good an inerease in the price of a complement ‘Which of the following is assumed constant along the demand curve for diesel? the price of diesel and the prices of related goods the price of diesel, buyers’ incomes, and tastes all variables affecting demand other than the price of diesel all variables affecting demand other than the supply of diesel buyers’ incomes and tastes, but not the prices of related goods Under money supply concept, the term narrow money include which of the following: currency with public + other deposits with RBI currency with public + demand deposits with banks + other deposits with RBI currency with public + bank demand deposits currency with public + bank deposits + post office deposits ‘Which of the following terms represents Broad Money Mo MI M2 MB Which of the following price index measures the prices at retail level wholesale price index ‘consumer price index producer price index supplier price index ‘What is the base year for calculation of inflation based on wholesale price index (WPI)? 2001-02 2011-12, 2010-11 2004.05,NS Toor School of Banking App: NS Toor App Email ns.toor@gmail.com Phone 01722665623 ‘When inflation is caused due to increasing aggregate demand for goods and services by consumers, it called whole sale inflation demand pull inflation ccost push inflation consumer inflation Inthe concept of money supply, the term ‘currency with public means” which of the following: total value of currency notes total value of currency notes and bank notes total amount of currency in circulation total amount of currency in circulation less cash held by banks ‘Which of the following is known as Core Inflation? whole sale inflation demand pull inflation ‘cost push inflation consumer inflation ‘The rate of interest is determined by the liquidity preference or demand for money and supply of money, as per: Classical Theory of Interest JM Keynes Theory of Interest Modem Theory of Interest Hicks and Hansen Theory of Interest ‘The position of money demand curve depends up on (a) the level of nominal income (b) the ‘expectations about the changes in bond prices in future (c) prices fluctuations. aand bonly aandconly band conly a, band call As per Hicks and Hansen, the equilibrium rate of interest comes at a point where: 1S curve and money supply curve intersect IS curve and income curve intersect IS curve and LM curve intersect LM curye and money supply curve intersect As per JM Keynes theory of interest, if the nominal interest rate is higher in a two asset economy, people would like to hold: their portfolio, more in the form of bonds their portfolio, more in the form of cash / bank deposits their portfolio, in a balanced form ‘will not bother as the income levels are higher Ifthe money supply increases, without change in the demand for money the interest rates: move upNS Toor School of Banking App: NS Toor App Email ns.toor@gmail.com Phone 01722665623 24, aces move down remain constant ‘may move up or down or remain constant Responsiveness of demand for money to change in income determines the slope of IS curve the slope of LM curve the equilibrium rate of interest all the above ‘A wave of prosperity or depression in one industry, in the case of a business eyele, will generate a waive in other industries soon, Which of the following features of a business cycle it represents: aa business cycle is a wave like movement a business eycle is synchronic cyclical fluctuations are recurring in nature any of these ‘The business vicious eyeles depression cycles boom cycles economic cycles In __, the general demand falls faster than production and producers are not able to recover full cost even. The aggregate economic activity is atthe bottom: recovery boom depression recession 40 [2A [30 [40 [58 [68 [7c [8B [9c [iB 11.0 [12.8 [13.8 | 14.8 [15.0 [16.0 |17.8 |18.A | 19.C [20.4 21.6 [22.8 [23.8 |24.D |25.c