Q:

A price floor is _____.

A) a maximum legal price	B) a minimum legal price
C) the price where demand equals supply	D) the price where elasticity of demand equals elasticity of supply

Answer & Explanation Answer: B) a minimum legal price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase	B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient	D) indicates that there is a direct relationship between quantity demanded and price

Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the Greenhouse Effect?

A) The fall in population of plants due to human activity	B) It is the warming of earth's surface due to its atmosphere
C) The polluting effect of burning fossil fuels	D) The heating of the atmosphere due to depletion of the ozone layer

Answer & Explanation Answer: B) It is the warming of earth's surface due to its atmosphere

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Pancreatic juice require which medium for their action?

A) Acidic	B) Basic
C) Neutral	D) All option are correct

Answer & Explanation Answer: B) Basic

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The 'Father of Indian Space Program' is

A) Dr. A.P.J. Abdul kalam	B) Dr. Vikram A. Sarabhai
C) Dr. K. Kasturirangan	D) Prof. Satish Dhawan

Answer & Explanation Answer: B) Dr. Vikram A. Sarabhai

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which E-commerce giant has recently acquired mobile gaming start-up Mech Mocha?

A) Amazon	B) Jiomart
C) Snapdeal	D) Flipkart

Answer & Explanation Answer: D) Flipkart

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

All of the following are true about ecosystems except

A) they represent the lowest level of biological organization that is known	B) there is a transfer of energy through the system and it is lost
C) the ultimate source of energy is the sun for nearly all known ecosystems	D) they contain both living and nonliving components

Answer & Explanation Answer: A) they represent the lowest level of biological organization that is known

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

A worldwide financial messaging network which exchange messages between banks and financial institutions is known as ___________

A) CHAPS	B) SWIFT
C) NEFT	D) SFMS

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