CAT Questions

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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.

The term for classifying and grouping organisms is Taxonomy. It is the science of defining and naming groups of biological organisms on the basis of shared characteristics.

Justice T.B.N Radhakrishnan is the first Chief Justice of the newly formed Telangana High Court.

All the above given options are the examples of social interaction. In sociology, interactions are of five types.They are :

1) Exchange

2) Competition

3) Cooperation

4) Coercion

5) Conflict

West Bengal state government will observe Rosogolla Day on November 14 2018 to commemorate the first anniversary of the state’s famous sweet getting Geographical Indication (GI) tag as 'Bengal’s Rosogolla'.