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

5 1868

Q:

Who has been appointed the new CEO of the International Cricket Council (ICC)?

A) Anurag Thakur	B) Manu Sawhney
C) N. Srinivasan	D) Dave Richardson

Answer & Explanation Answer: B) Manu Sawhney

Explanation:

Manu Sawhney, the former CEO of Singapore Sports Hub and Managing Director of ESPN Star Sports has been appointed as The International Cricket Council.

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

3 1868

Q:

World Television Day is observed on

A) Nov 16	B) Nov 17
C) Nov 21	D) Nov 26

Answer & Explanation Answer: C) Nov 21

Explanation:

World Television Day is observed on November 21.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1868

Q:

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

An opinion or conclusion formed on the basis of incomplete information

A) Proof	B) Conjecture
C) Clincher	D) Averment

Answer & Explanation Answer: B) Conjecture

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

1 1868

Q:

To take secretly in small quantities

A) Theft	B) Defalcation
C) Pilferage	D) Robbery

Answer & Explanation Answer: C) Pilferage

Explanation:

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

0 1868

Q:

Who is India's next Ambassador to Peru?

A) M. Subbarayudu	B) Yashvardhan Kumar Sinha
C) Dr Rizal Sukma	D) Sandeep Chakravorty

Answer & Explanation Answer: A) M. Subbarayudu

Explanation:

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Filed Under: General Awareness
Exam Prep: CAT , Bank Exams , AIEEE

0 1868

Q:

In the following question, out of the four alternatives, choose the word which is opposite in meaning to the given word and click the button corresponding to it.

INSOLENT

A) SCRUPULOUS	B) EMOLIENT
C) COURTEOUS	D) LAZY

Answer & Explanation Answer: C) COURTEOUS

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1867

Q:

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

A) Anoyance	B) Annoyanse
C) Anoyanse	D) Annoyance

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