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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
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Adjacent

 

A) Nearby B) Joining
C) Remote D) Bordering
 
Answer & Explanation Answer: C) Remote

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

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Q:

A decline in disposable income means

Answer

Disposable income is the amount of money that households have available for spending and saving after income taxes have been accounted for.


A decline in disposable income means a movement down along an economy's consumption schedule.

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

4 1813
Q:

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

A) Entrepreneur B) Remuneration
C) Apprentice D) Soveriegnity
 
Answer & Explanation Answer: D) Soveriegnity

Explanation:
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Filed Under: English

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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to “No improvement”.

The police had to break the door to get in

A)  to break up  B)  to break in 
C)  to break down  D)  No improvement 
 
Answer & Explanation Answer: C)  to break down 

Explanation:
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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

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Q:

Which base is present in milk of magnesia?

A) Magnesium hydroxide B) Ammonium hydroxide
C) Sodium hydroxide D) Calcium hydroxide
 
Answer & Explanation Answer: A) Magnesium hydroxide

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Find the current (in A) when a charge of 500 Coulomb flows in 25 seconds.

A) 12500 B) 20
C) 40 D) 6250
 
Answer & Explanation Answer: A) 12500

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

3 1812
Q:

Which state has launched 'Ama Ghare LED' scheme?

A) Odisha B) Maharashtra
C) Gujarat D) Uttar Pradesh
 
Answer & Explanation Answer: A) Odisha

Explanation:

'Ama Ghare LED' scheme was launched in Odisha state.

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Filed Under: General Awareness
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