Name of Section:

AB Bank Assistant Officer-2014

6. One country enjoys a comparative advantage over another in producing oil when-

[AB Bank Asst. Officer-2014 : 2014]

1. it has more oil than the other country

1

2. it can produce oil at a lower opportunity cost than the other country

2

3. it does not need to import oil

3

4. it wants to export as much oil as possible

4

5. none of these

5
Answer
7. The minimum number of partners in a private limited company is -

[AB Bank Asst. Officer-2014 : 2014]

1. 1

1

2. 2

2

3. 7

3

4. 10

4

5. None of these

5
Answer
8. Which of the following skills involves working well with other people?

[AB Bank Asst. Officer-2014 : 2014]

1. Technical

1

2. Human

2

3. Computer

3

4. Empirical

4

5. None of these

5
Answer
9. A product bought by final consumer for personal consumption is called:

[AB Bank Asst. Officer-2014 : 2014]

1. Consumption Product

1

2. Shopping Product

2

3. Consumer Product

3

4. Unsought Product

4

5. None of these

5
Answer
10. The financial statement that reports revenue and expenses is the:

[AB Bank Asst. Officer-2014 : 2014]

1. Income statement

1

2. Owner's equity statement

2

3. Balance sheet

3

4. Cash flow statement

4

5. None of these

5
Answer

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