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 general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.	B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions.	D) the extent to which a market is competitive.

Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who is the author of "Our Impossible Love"?

A) Preeti Shenoy	B) Ravinder Singh
C) Keshav Aneel	D) Durjoy Datta

Answer & Explanation Answer: D) Durjoy Datta

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

With the participation in the Rio Olympics who has become the first tennis player in the world to have 7 appearances in Olympics?

A) Martina Navratilova	B) Serena Williams
C) Leander Paes	D) Roger Federer

Answer & Explanation Answer: C) Leander Paes

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Filed Under: Sports

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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:

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:

In January 2018, who has been awarded the 9th Infosys award for engineering and computer science?

A) Sanghamitra Bondopadhyaya	B) Ananya J. Kabir
C) Upinder Singh Bhalla	D) Ritabrata Munsi

Answer & Explanation Answer: A) Sanghamitra Bondopadhyaya

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

The simple interest on a sum for 5 years is twofifth of the sum. The rate of interest per annum is

A) 0.1	B) 0.08
C) 0.06	D) 0.04

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