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Q:

Administered prices refer to

Answer

Administered prices are prices set by government or firms which are not determined by regular market forces. They do not vary in response to short-run fluctuations in demand and supply conditions.


Examples include price controls and rent controls.

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Subject: Indian Economy Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 1757
Q:

India's only Naval Aviation Museum is located in which state?

A) Kerala B) Goa
C) Tamil Nadu D) Karnataka
 
Answer & Explanation Answer: B) Goa

Explanation:
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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 1757
Q:

Which Governor General abolished the 'Sati System' in India?

A) Lord Canning B) Lord Ripon
C) Lord Wiliam Bentinck D) Lord Dalhousie
 
Answer & Explanation Answer: C) Lord Wiliam Bentinck

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

3 1757
Q:

First Indian woman to cross English Channel?

A) Arati Saha B) Fathima Beevi
C) Bachendri Paul D) Kadambini Ganguly
 
Answer & Explanation Answer: A) Arati Saha

Explanation:

Arati Saha was the first Indian woman to cross English Channel (between England and France) in the year 1959. She was born in 1940 in Kolkata.

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Filed Under: Famous Personalities
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0 1757
Q:

A theocracy is ruled by religious leaders who

A) claim to act with divine authority B) believe that rule by religious law is wrong
C) believe that a communist government leads best D) claim divine authority sways government
 
Answer & Explanation Answer: A) claim to act with divine authority

Explanation:

A government ruled by religiuos leaders is Theocracy. A theocracy is ruled by religious leaders who claim to act with divine authority.

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
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2 1756
Q:

Which Indian armed force has conducted ‘Exercise Topchi 2019’?

A) Indian Army B) Indian Air Force
C) Indian Coast Guard D) Indian Navy
 
Answer & Explanation Answer: A) Indian Army

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

1 1756
Q:

Which of the following is true of osmosis?

A) it is a type of diffusion B) movement is against water's concentration gradient
C) requires energy D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: Biology
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2 1756
Q:

The law of demand implies that

A) the higher the price of a good, the lesser the quantity demanded B) the higher the price of a good, the higher the quantity demanded
C) the higher the quantity demanded, the higher the price of a good D) All of the above
 
Answer & Explanation Answer: A) the higher the price of a good, the lesser the quantity demanded

Explanation:

The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

 

 

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1755