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.

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 1887
Q:

Each of the questions below consists of a question and two statements numbered I and II given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. What is the ratio of the length of a rectangle to the side of a square?

I. The area of the square is 576 sq cm and the area of the rectangle is 600 sq cm.

II. The breadth of the rectangle is half the side of the square.

A) The data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question. B) The data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
C) The data in either Statement I alone are in Statement II alone are sufficient to answer the question. D) The data in both the Statements I and II are not sufficient to answer the question.
 
Answer & Explanation Answer:

Explanation:

From statement I, Area of square = 576 sq cm
Side of square = 24 cm
Area of rectangle = l × b
l × b = 600 sq cm
From statement II, Suppose the breadth of the
rectangle is x. Then side of the square = 2x
Combining both the information, we have
x =12 cm
Now, l × 12 = 600

l=60012=50 cm

Required ratio = 5024=2512=25:12

Both the statements together are sufficient.

Report Error

View Answer Report Error Discuss

1 1887
Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

All the other subjects (has been reduced) to nameless and faceless extras.

A) have been reduced B) have being reduced
C) has been reducing D) no improvement
 
Answer & Explanation Answer: A) have been reduced

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1887
Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.


Modern civilization is completely dependent on energy, which has therefore to be abundant and also economical. About 85% of the world's energy is supplied by oil, coal and natural gas while nuclear, hydro, wind and solar power and biomass supply the rest. Coal, nuclear and hydro are used primarily to generate electricity while natural gas is widely used for heating. Biomass is used both for heating and cooking. The wind and solar power is the future's hope as they are sustainable energy sources. Oil powers almost all machines that move and that makes oil uniquely versatile. Oil powered airplanes carry 500 people across the widest oceans at nearly the speed of sound. Oil powered machines produce and transport food. Oil powered machines are ubiquitous. Clearly, we live in the age of oil but it is drawing to a close. According to data available if oil production remains constant until it's gone, there is enough to last 42 years. Oil wells will produce less as they become depleted, which will make it impossible to keep production constant. Similarly natural gas and coal will last another 61 years and 133 years respectively. Naturally, as they become scarce, they become expensive, leading to a worldwide energy crisis. If we are to survive on this planet, we have to make a transition to sustainable energy sources. The transition may be willy-nilly or planned - the choice is ours.

The dawning era of limited and expensive energy will be very difficult for everyone on earth but will be even more difficult if it is not anticipated. It is of utmost importance that the public and policymakers understand the global energy crisis and act in tandem to ensure that the species 'homo sapiens' does not become extinct.

Biomass is an energy source used in

A) agriculture B) industry
C) homes D) offices
 
Answer & Explanation Answer: C) homes

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1887
Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.


I had seen this road many years ago when my parents moved to Mundakotukurussi, our ancestral village. However, in those early years, I hadn't begun exploring the countryside. I stored the unknown road in my head under 'One Day I Will'. Ten years ago, when I recovered from a herniated disc, it was to discover that I had a useless left leg. Though I managed to lose the limp, I hated not being able to stride around as I used to. I needed a challenge to tell myself that I wasn't going to buckle to a creature called sciatica. Thus the 'One Day I Will' arrived. "Where does the road by the medical shop lead to?" I asked my parents while visiting them next. "Chalavara," they said. "It's not an easy road to walk on," my father added. "There are too many ups and downs." Chalavara was a superior grade of a village as compared to Mundakotukurussi, with a high school, a fine library, ATMs and several shops. But it also has two approach roads. The one I had chosen was a narrow back road used by the locals and that settled it for me. I needed to know for myself I could walk a road that wasn't going to be easy. And the next day, I would get up and walk that road again.


Where did the forefathers of the writer live?

A) Chalavara B) Bengaluru
C) Mundakotukurussi D) Out of India
 
Answer & Explanation Answer: C) Mundakotukurussi

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1886
Q:

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

 

Ask or beg for something earnestly or humbly

A) Bequeath B) Bestow
C) Accord D) Supplicate
 
Answer & Explanation Answer: D) Supplicate

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1886
Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Glamerous B) Glamrous
C) Glamorous D) Gleamorous
 
Answer & Explanation Answer: C) Glamorous

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1886
Q:

In the given question, a part of the sentence is printed in bold. Below the sentence, three alternatives to the bold part are given which may help improve the sentence. Choose the option that reflects the correct use of the phrase in the context of the sentence. In case the given sentence is correct, your answer is (E) i.e. No correction required.

They hurried up the booth’s back and waited for the malformed youth to disperse.

i. to the booth’s back

ii. for towards the booth’s back

iii. for the booth’s backing

A) Only i B) Only ii
C) Only iii D) Both i and ii
 
Answer & Explanation Answer: A) Only i

Explanation:

The correct preposition to be used with the verb ‘hurried’ is ‘to’ and not the others. ‘Hurry to a place’ means ‘move to a place with great haste.’

Report Error

View Answer Report Error Discuss

Filed Under: English

0 1886