Questions

Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

 

India, perceived _______________ in the distribution

 

A) duty B) fairness
C) faith D) inequity
 
Answer & Explanation Answer: B) fairness

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who has been conferred with the 'ASSOCHAM Enterprise of the Century Award'?

A) Ratan Tata B) Uday Kotak
C) Mukesh Ambani D) Adi Godrej
 
Answer & Explanation Answer: A) Ratan Tata

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Adolf Hitler committed suicide in _______.

A) 1915 B) 1925
C) 1935 D) 1945
 
Answer & Explanation Answer: D) 1945

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Filed Under: World History
Exam Prep: Bank Exams

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Q:

If X and Y are the two digits of the number 347XY such that the number is completely divisible by 80, then what is the value of X + Y?

A) 2 B) 4
C) 6 D) 8
 
Answer & Explanation Answer: B) 4

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Q:

Who among the following was not a member of Boxing team of India at Rio Olympics?

A) Shiv Thapa B) Manoj Kumar
C) Vikas Krishan D) Avtar Singh
 
Answer & Explanation Answer: D) Avtar Singh

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Javier Mascherano of Argentina announced his retirement. He belonged to which sport?

A) Hockey B) Tennis
C) Football D) Polo
 
Answer & Explanation Answer: C) Football

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Filed Under: Sports
Exam Prep: Bank Exams

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