Questions

Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What denotes offering several products for sale as one combined product?

A) Advertisement B) Product mix
C) Product bundling D) Differentiation
 
Answer & Explanation Answer: C) Product bundling

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Where is the Cherry Blossom Festival celebrated annually?

A) Odisha B) Assam
C) Sikkim D) Meghalaya  
 
Answer & Explanation Answer: D) Meghalaya  

Explanation:

Shillong, the capital of Meghalaya hosts the only Cherry Blossoms festival in India.

 

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following is not a constituent of biogas?

A) Carbon dioxide B) Hydrogen Sulphide
C) Methane D) Carbon Monoxide
 
Answer & Explanation Answer: A) Carbon dioxide

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which type of pathogen causes the water­borne disease Salmonellosis?

A) Algal B) Parasitic
C) Bacterial D) Viral
 
Answer & Explanation Answer: C) Bacterial

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Filed Under: Biology
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Q:

Which country suggested the name 'NIVAR' to the 4th cyclone hit the North Indian Ocean Region in 2020?

A) India B) Iran
C) Sri Lanka D) Vietnam
 
Answer & Explanation Answer: B) Iran

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who does not the kinetic energy of an object increase with?

A) Friction B) Time
C) Mass D) Speed
 
Answer & Explanation Answer: D) Speed

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Filed Under: Physics
Exam Prep: Bank Exams

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