Economics [NTSE Stage-1 (State-Level) Scholastic-Aptitude & Language Comprehension]: Questions 5 - 10 of 44

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Question 5

Question MCQ▾

Which of the following statement (s) is/are true about deposits with banks?

Choices

Choice (4)Response

a.

People have the provision to withdraw the money as and when they require

b.

These deposits are called demand deposits

c.

People deposit the money in bank as money is safe with the banks and it earns an amount as interest

d.

All a., b. and c. are correct

Edit

Question 6

Question MCQ▾

Unemployment occurs when people

Choices

Choice (4)Response

a.

are working in a lazy manner

b.

are working less than what they are capable of doing

c.

are not paid for their work

d.

do not want to work

Edit

Question 7

Question MCQ▾

The fast growing industry has been a major foreign exchange earner in the last decade

Choices

Choice (4)Response

a.

Business Processes Outsourcing

b.

Foreign Investment

c.

Information and Technology

d.

All of the above

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Question 8

Question MCQ▾

Which of the following industries uses bauxite as a raw material?

Choices

Choice (4)Response

a.

Aluminum

b.

Cement

c.

Jute

d.

Steel

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Question 9

Question MCQ▾

Per capita income is calculated in which of the following currency?

Choices

Choice (4)Response

a.

Currency of country

b.

Pond

c.

Euro

d.

Dollars

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Question 10

Question MCQ▾

The banks use the major portion of the deposits to

Choices

Choice (4)Response

a.

to extend loans

b.

increase their capital wealth

c.

to help the government by giving it to the government

d.

All of the above

Edit