AILET entrance exam Question Bank Solutions

The National Income estimates of India are prepared by

A very rapid growth in prices in which money loses its value  to the point where even barter may be preferable is known as

The functions of the Reserve Bank of India are:
I. issuing all notes and coins 
II. distributing all notes and coins 
III. formulating monetary policy 
IV. acting as an agent of the government in respect of India’s  membership of the IMF 

What do you understand by Bear Raid? 

The foreign exchange reserves of India include

The main component of India' s import items from China is 

What is known as Jasmine Revolution?

Which of the following is/are true about Methanol based  Economy?

I. Future economy in which dimethyl ether replace  fossil fuels as a means of energy storage.
II. It offers an alternative to the proposed hydrogen  economy or ethanol economy. 
III. China is the world’s largest producer of methanol. 
IV. Menthol cannot be made by chemical recycling of  carbon-dioxide.

Who has prepared Global Risk Report 2019?

Which of the following is/are true about concept of Most  Favored Nation (MFN)?

I. It establishes the sovereign equality of states with  respect to trading policy. 
II. There are two forms of MFN treatment: conditional  and unconditional. 
III. Such treatment has always applied primarily to the  duties charged on imports. 
IV. Custom unions and free trade areas are exceptions to  MFN principle. 

The Cabinet has approved merger of Vijaya Bank and  Dena Bank with

Which of the following statements is/are not true  regarding Credit Rating Agencies (CRA) in India?

I. The Securities and Exchange Board of India (CRA)  Regulations, 1999 empower SEBI to regulate CRAs  operating in India. 
II. All the credit agencies need to be registered with  SEBI in order to operate in India. 
III. There are several Indian Credit Rating Agencies, viz.  CRISIL, ICRA, CARE, India Ratings and Research,  SMERA, Infomerics and Brickworks, Moody, Fitch.  
IV. CRAs help strengthening of primary market by  increasing borrower pool. 

Which of the following companies has designed gates and reader for the National Common Mobility Card in India?

In March 2019, RBI has allowed White Level ATM  Operators to buy wholesale cash, above a threshold of ___________pieces of any denomination. directly from the Reserve Bank and Currency Chests against full payment.

The blood enters the aorta from

Who propounded the 'market law'?

Net National Product (NNP) of a country is

GDP at factor cost is

National income is the same as

Which one fo the following is not a method of measurement of National Income?