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511. The developing countries have only a minor share of the world trade because
A. they produce mainly primary goods whose prices are low
B. their econimies are not trade oriented
C. they lack the necessary infrastructure
D. they face fierace competition from trade grouping like the EEC.
Explanation:
512. Where has the SBI inaugurated the countrys first overseas banking unit (OBU)?
A. Gurgaon
B. Mimbai
C. Banglore
D. Chennai
Explanation:
513. Which of the following increases continuously with the increase in production of an industrial concern ?
A. Fixed cost
B. Variable cost
C. Average cost
D. Marginal cost
Explanation:
514. Under which of the following schemes, the money of the applicant, applying for shares, would be encashed from his account only to the extent he is successful in obtaining allotment of shares ?
A. Stock invest
B. New Shares scheme
C. Stock and shares
D. None of these
Explanation:
515. Which of the following factors determine the nature and size of the industry ?A. Business TurnoverB. Capital InvestmentC. Labour ForceD. Power ConsumptionChoose the answer from the following alternatives :
A. A, B, and D
B. A, C and D
C. B and C
D. B, C and D
Explanation: