Banking & Financial Awareness MCQ –Part-3

Hi Readers,

Here it the MCQ on the Topic  Banking & Financial awareness, Hope you like it

1. Who said that “economics is the science which treats of wealth”.

  1. Walker
  2. JS Mill
  3. Adam Smith
  4. J.B say

2. Which is/are feature of in perfect competition?

  1. Price determination
  2. revenue
  3. more loss
  4. more income

3. Capital budgeting is a

  1. Long term expenditur
  2. short term expenditure
  3. both A and B
  4. none of these

4. Cardinal approach is related to

  1. Utility
  2. demand analysis
  3. price
  4. supply

5. The average total cost curve can be derived from.

  1. Fixed cost
  2. variable cost
  3. total cost curve
  4. partial cost

6. Oligopolyst market are characterized by a

  1. Product
  2. new model
  3. small number of firm
  4. purpose

7. Variable cost is

  1. Salary
  2. wages and material
  3. rent
  4. tax

8. RBI nationalised in.

  1. 1949
  2. 1935
  3. 1955
  4. none of these

9. ULIP is a

  1. Bond
  2. mutual fund
  3. insurance product
  4. saving account

10. Mutual fund scheme is controlled by

  1. RBI
  2. IRDA
  3. SEBI
  4. none of these

 

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