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Question : The Foreign Exchange Regulation Act was replaced by the ______ in India.

Option 1: Foreign Exchange Currency Act

Option 2: Foreign Exchange Finances Act

Option 3: Foreign Exchange Funds Act

Option 4: Foreign Exchange Management Act

Team Careers360 23rd Jan, 2024

Correct Answer: Foreign Exchange Management Act


Solution : The correct answer is the Foreign Exchange Management Act.

The Foreign Exchange Regulation Act (FERA) in India was replaced by the Foreign Exchange Management Act (FEMA). FEMA came into effect on June 1, 2000, and it marked a shift from the

17 Views

Question : Select the most appropriate ANTONYM of the given word.

Impartial.

Option 1: Intellectual

Option 2: objective

Option 3: Biased

Option 4: Pious

Team Careers360 23rd Jan, 2024

Correct Answer: Biased


Solution : The correct choice is the third option.

Impartial means not favouring one side or party over another. Biased means to show an unreasonable liking or dislike for someone or something based on personal opinions, making it the correct antonym.

The meanings of the other

11 Views

Question : Directions: Select the option figure in which the given figure is embedded (Rotation is NOT allowed).

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 25th Jan, 2024

Correct Answer:


Solution : Since there is a restriction on the rotation of the figure, we will check where the question figure can exactly fit itself in the given option figures. By comparison of all the option figures, the given question figure is embedded only in the fourth option figure.

23 Views

Question : Which of the following occurs when labour productivity rises?

Option 1: The equilibrium nominal wage falls.

Option 2: The equilibrium quantity of labour falls.

Option 3: Competitive firms will be induced to use more capital.

Option 4: The labour demand curve shifts to the right.

Team Careers360 23rd Jan, 2024

Correct Answer: The labour demand curve shifts to the right.


Solution : The correct answer is The labour-demand curve shifts to the right.

When labour productivity grows, the labour demand curve swings to the right. This is because firms are more ready to recruit additional workers when they are more

2 Views

Question : Directions: Select the option figure in which the given figure is embedded. (Rotation is NOT allowed)

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 23rd Jan, 2024

Correct Answer:


Solution : Since the rotation is restricted. So, the embedded figure will have the same orientation as the main figure. By comparison of the question figure with all the option figures, the given question figure is embedded only in the third option figure.

Hence, the third option is

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