Q:

Inflation exists when

A) there is general increase in the prices over time.	B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time.	D) there is rise in the purchasing value of money.

Answer & Explanation Answer: A) there is general increase in the prices over time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 862

Q:

A price floor is _____.

A) a maximum legal price	B) a minimum legal price
C) the price where demand equals supply	D) the price where elasticity of demand equals elasticity of supply

Answer & Explanation Answer: B) a minimum legal price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes	B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production	D) the market value of the annual output net of consumption of fixed capital

Answer & Explanation Answer: A) income received by households less personal taxes

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Dwarfness can be controlled by treating plants with

A) Gibberellic acid	B) Cytokinin
C) Ethylene	D) Auxin

Answer & Explanation Answer: A) Gibberellic acid

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price	B) Substitution
C) Supply	D) Demand

Answer & Explanation Answer: D) Demand

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the angles of a triangle are in the ratio of 2:3:4, then the difference of the measure of greatest angle and smallest angle is

A) 20°	B) 30°
C) 40°	D) 50°

Answer & Explanation Answer: C) 40°

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

The annual award of 'Gandhi Peace Prize' is given to

A) Individuals only	B) Institutions only
C) Individuals and institutions	D) Group of institutions

Answer & Explanation Answer: C) Individuals and institutions

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

What does the symbol R in electricity stand for ?

A) Resistance	B) Resonance
C) Refraction	D) Rarefaction

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