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

0 1254

Q:

What is income available with a person after deducting for taxes called?

A) Disposable Income	B) Cash Income
C) Salary	D) General Income

Answer & Explanation Answer: A) Disposable Income

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension	B) Investment Expenditure
C) Value added	D) Consumption Expenditure

Answer & Explanation Answer: A) Pension

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1253

Q:

In the following question, select the odd number from the given alternatives.

A) 69	B) 59
C) 61	D) 53

Answer & Explanation Answer: A) 69

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams

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Q:

Centigrade, is the unit of measurement of temperature named after whom?

A) Kelvin	B) Jean-Pierre Christin
C) Marten Stromer	D) Anders Celcius

Answer & Explanation Answer: D) Anders Celcius

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

"Hema Malini : Beyond the Dream Girl" is authored by which author?

A) Meena Iyer	B) Hema Malini
C) Ram Kamal Mukherjee	D) Vijay Kumar

Answer & Explanation Answer: C) Ram Kamal Mukherjee

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Filed Under: Books and Authors
Exam Prep: Bank Exams

1 1252

Q:

Which county was in the first rank in the 2016 Human Development Index published by the United Nations Development Programme?

A) Norway	B) Australia
C) Germany	D) Denmark

Answer & Explanation Answer: A) Norway

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

__________ is defined as the output per unit of variable input

A) Marginal product	B) Production function
C) Total product	D) Average product

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