Questions

Q:

A binding price floor causes

A) Excess demand for the goods B) Surplus supply of goods
C) Less supply of goods D) No demand for the goods
 
Answer & Explanation Answer: B) Surplus supply of goods

Explanation:

A price floor is the minimum price that can be charged. A binding price floor occurs when the government sets a required price on goods at a price above equilibrium. Because the government requires that prices not drop below this price, that price binds the market for that good.

A binding price ceiling is one that is set below equilibrium price.

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Making a loud and confused noise

 

A) Reticent B) Clamorous
C) Laconic D) Bashful
 
Answer & Explanation Answer: B) Clamorous

Explanation:
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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Altruism

 

A) Charity B) Kindness
C) Compassion D) Spite
 
Answer & Explanation Answer: D) Spite

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

become apparent through the appearance of symptoms.

A) manifest B) distinct
C) visible D) divulged
 
Answer & Explanation Answer: A) manifest

Explanation:
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Q:

In which field Dhanwantri is given?

A) Music B) Medicine
C) Sports D) Military
 
Answer & Explanation Answer: B) Medicine

Explanation:
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Q:

Project Scope Management - Processes

Describe the Inputs, Tools and Techniques , Outputs included in the Scope Definition ?

Answer

I.Inputs



  • Organizational process assets 

  • Project charter

  • Preliminary project scope statement

  • Project scope management plan

  • Approved change requests


II. Tools and Techniques



  • Product analysis

  • Alternatives identification

  • Expert judgment

  • Stakeholder analysis


III. Outputs



  • Project scope statement

  • Requested changes

  • Project scope management plan(updates)


 

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Q:

What stage occurs after cytokinesis?

A) S - phase B) G1 phase
C) G2 phase D) All of the above
 
Answer & Explanation Answer: B) G1 phase

Explanation:

It is the Interphase, which occurs after cytokinesis. And in interphase we have 3 stages likely G1, G2 and S phase. After cytokinesis we get G1 phase.

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 


What does not seem as not good or normal in the context of this essay?

 

A) the new interest in free market B) being captivated by spell of the free market
C) that which does not accord with the requirement of the free market D) the economists who are captivated by the free market
 
Answer & Explanation Answer: C) that which does not accord with the requirement of the free market

Explanation:
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