BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not a Financial/Economic term?
A
Marginal Utility
B
Dumping
C
Pipette
D
Break Even Point
Explanation: 

Detailed explanation-1: -Social Service is not an economic activity.

Detailed explanation-2: -Detailed Solution. The correct answer is Low proportion of labour force in the primary sector.

Detailed explanation-3: -Economic policies are fiscal policies, Industrial policies, taxation policy, exchange rates, EXIM policy but not technological policy.

Detailed explanation-4: -The cost for the services provided by a housewife cannot be estimated and hence there income can also not be estimated. Therefore, it is not regarded as an economic activity and hence it is not included in the estimation of national income.

There is 1 question to complete.