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

5 1943
Q:

If A denotes −, C denotes ×, D denotes ÷, E denotes +, then 14C3A12E4D2=?

A) 6 B) 17
C) 28 D) 32
 
Answer & Explanation Answer: D) 32

Explanation:
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2 1942
Q:

Which of the following statements with regard to the speech of Mahatma Gandhi at the opening of the Banaras Hindu University are correct?

1.he charged the Indian elite with a lack of concern for the laboring poor.

2.He asserted that our salvation can come only through the farmers.

3.He highlighted the plight of the untouchables.

4.He promised to take up the cause of the mill owners of Ahmedabad.

Select the correct answer using the code given below.

A) 1, 2, 3 and 4 B) 1 and 2 only
C) 1, 2 and 3 only D) 3 and 4 only
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

Only   1   and   2   are   correct,   as Mahatma  Gandhi’s  speech  in  BHU on 4 February,1916 did not include plight  of  untouchables  and  there was no issue of the mill owners on Ahmedabad in 1916.

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Filed Under: Indian History
Exam Prep: Bank Exams

1 1942
Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Panegyric

A) Noxious B) Criticism
C) Fantasy D) Grandeur
 
Answer & Explanation Answer: B) Criticism

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1942
Q:

Improve the bracketed part of the sentence.
(Being a pleasant evening), we went out for a long drive on a highway.

A) As a pleasant evening B) It being a pleasant evening
C) With a pleasant evening D) No improvement
 
Answer & Explanation Answer: B) It being a pleasant evening

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

1 1942
Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: And the victims are likely to be the poorest of the poor as well as the very sources of water- rivers, wetlands and aquifers.
Q: In India, water conflicts are likely to worsen before they begin to be resolved.
R: Till then they pose a significant threat to economic growth, security and health of the ecosystem.
S: Water is radically altering and affecting political boundaries all over world, between as well as within countries.

A) SQPR B) PRQS
C) QRPS D) PSQR
 
Answer & Explanation Answer: A) SQPR

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1942
Q:

Calcium salts used as fertilizer is:

A) Calcium Carbide B) Calcium Carbonate
C) Calcium Cyanide D) Calcium Sulphate
 
Answer & Explanation Answer: D) Calcium Sulphate

Explanation:
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Filed Under: Chemistry

3 1942
Q:

What was the major decision that took place in 1987 Montreal Conference?

A) Developed countries will completely ban CFC production by 2000 B) Developed countries will completely ban CFC production by 2010
C) Developing countries will completely ban CFC production by 2000 D) Developing countries will completely ban CFC production by 2020
 
Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

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

4 1942