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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

5 1928
Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
Sow wild oats

A) To make someone fool B) To make space to red
C) To take revenge D) To waste time by doing foolish things
 
Answer & Explanation Answer: D) To waste time by doing foolish things

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1928
Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.
The teacher said to the student, "Have you brought your lunch?"

A) The student was asked by the teacher about bringing his lunch. B) The teacher asked the student if he would be bringing his lunch.
C) The teacher asked the student if he had brought his lunch. D) The teacher asked the student if he has brought his lunch.
 
Answer & Explanation Answer: C) The teacher asked the student if he had brought his lunch.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1928
Q:

Select the word with the correct spelling.

A) flooring B) altituede
C) purveyour D)  snobish
 
Answer & Explanation Answer: A) flooring

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1928
Q:

I go on four legs in the morning, on two legs at noon, and on three legs in the evening. What am I?

Answer

We all human beings i.e man or woman.


As baby we crawl, as an adult we walk and as old aged we use walking stick for support.

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Subject: Logic Puzzles Exam Prep: Bank Exams

9 1927
Q:

Steel is more elastic than Rubber. True or False?

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

Elasticity is measured as ratio of stress to strain. For a given amount of stress, the strain produced in the steel is comparatively smaller than the strain produced in the rubber.


 


Therefore, with the help of Young's modulus, it can be concluded that steel has greater elasticity than rubber.

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Subject: Physics
Exam Prep: Bank Exams

1 1927
Q:

Kanha National Park saving the rare and almost extinct species of the Swamp Deer, also known as

A) Barasingha B) Black Buck
C) Chinkara D) Nilgai
 
Answer & Explanation Answer: A) Barasingha

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

0 1927
Q:

Which country has the largest postal network in the world?

A) China B) Japan
C) US D) India
 
Answer & Explanation Answer: D) India

Explanation:

India is the country which has the largest postal network in the world.

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

1 1927