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.

Report Error

View Answer Report Error Discuss

Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 2003

Q:

The Headquarter of The Asian Infrastructure Investment Bank (AIIB) is located in?

A) Beijing	B) Shanghai
C) Xinijiang	D) Hong Kong

Answer & Explanation Answer: A) Beijing

Explanation:

Explanation: The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank (MDB) conceived for the 21st century. The Bank's foundation is built on the lessons of experience of existing MDBs and the private sector. Its modus operandi will be lean, clean and green: it is situated in Beijing, China.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 2003

Q:

Which city is located on the banks of the river Ganges?

A) Mathura	B) Agra
C) Kanpur	D) Kota

Answer & Explanation Answer: A) Mathura

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

0 2003

Q:

Mr. Murthy invested Rs. 16,000 in a scheme. How much will he get on matuirity, if he invested it at 20% per annum C.I. for 9 months, compounded quarterly?

A) Rs. 18523	B) Rs. 18521
C) Rs. 18524	D) Rs. 18522

Answer & Explanation Answer: D) Rs. 18522

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

0 2002

Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Propitious

A) Luxurious	B) Pitiful
C) Sad	D) Hopeful

Answer & Explanation Answer: D) Hopeful

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

0 2002

Q:

Out of the four alternatives, choose the one which can be substituted for the given words/sentences and click the button corresponding to it.

Lack of skill

A) Inertness	B) Insistence
C) Ineptness	D) Insolence

Answer & Explanation Answer: C) Ineptness

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 2002

Q:

Which is the first Hindi newspaper of India?

A) Udaan	B) Azad Vichaar
C) Udant Martand	D) Vichaar Vyakti

Answer & Explanation Answer: C) Udant Martand

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

5 2002

Q:

Air pollution level is considered to be moderate if Air Quality index between

A) 0 to 50	B) 51 to 100
C) 101 to 150	D) 151 to 200

Questions

Quick Links