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.

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Filed Under: Business Awareness
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Q:

National Press Day is celebrated on

A) Nov 14 B) Nov 16
C) Nov 18 D) Nov 20
 
Answer & Explanation Answer: B) Nov 16

Explanation:

Every year November 16th is observed as National Press Day all over India.

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Filed Under: Important Days and Years
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Q:

National Tourism Day is celebrates every year in India on?

A) Jan 25 B) Jan 27
C) Jan 29 D) Jan 31
 
Answer & Explanation Answer: A) Jan 25

Explanation:
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Filed Under: Important Days and Years
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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) stareotype B) stereotype
C) iliterrate D) stareotype
 
Answer & Explanation Answer: B) stereotype

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

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Q:

A genus can best be defined as

A) a taxon belonging to a species B) the most specific taxon
C) a taxon composed of families D) a taxon composed of one or more species and a classification level lying below family
 
Answer & Explanation Answer: D) a taxon composed of one or more species and a classification level lying below family

Explanation:

A genus can best be defined as a taxon composed of one or more species and a classification level lying below family.

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Filed Under: General Science
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Q:

The study of brain is called

A) Neurology B) Nephrology
C) Phrenology D) Pathology
 
Answer & Explanation Answer: C) Phrenology

Explanation:

The study of brain is called Phrenology.

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Filed Under: General Science
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Q:

If ___ is involved, even greater diversity will be generated.

A) sexual reproduction B) binary fission
C) asexual reproduction D) vegetative propagation
 
Answer & Explanation Answer: A) sexual reproduction

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Light travels in a straight line (rectilinear propagation of light). This statement does hold if the medium of travel for light is

A) of variable refractive index B) made up of slabs of different refractive indices
C) homogeneous and transparent D) inhomogeneous and transparent
 
Answer & Explanation Answer: C) homogeneous and transparent

Explanation:

In vacuum and in homogeneous, transparent media, such as air, water, and glass, light moves in a straight line. When light encounters a boundary between two different transparent media, some light is reflected and some moves from the first into the second medium.

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Filed Under: Physics
Exam Prep: Bank Exams

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