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

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Q:

Why should we hire you for this Customer Service Role?

Answer



"Well, I bring nearly 5 years of customer service involvement to the group, I really have a good time for helping others, and I have also finished advanced certification courses. The combination of my work experience and knowledge make me courageous that I will be a really good fit for this role."


 

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Q:

The 'Blue Water Policy' was introduced by the Portugese leader_________

A) Franscisco-de-Almeida B) Alfonso de Albuquerque
C) Francis Caron D) Francis Martin
 
Answer & Explanation Answer: A) Franscisco-de-Almeida

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

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Q:

What was India's rank in the latest ICC One Day International Rankings?

A) 1st B) 2nd
C) 3rd D) 4th
 
Answer & Explanation Answer: B) 2nd

Explanation:

India's rank in the latest ICC One Day International Rankings is Second. England tops the list followed by India, South Africa, New Zealand, Pakistan, Australia in the list.

 

Whereas India's rank in the latest ICC Test International Rankings is First followed by South Africa and England in 2nd and 3rd places.

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Filed Under: Sports
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which phase of DMAIC is designed to insure that the problem does NOT reoccur and that the new processes can be further improved over time?

A) Design B) Control
C) Analyze D) Improve
 
Answer & Explanation Answer: B) Control

Explanation:

DMAIC refers to define, measure, analyze, improve, control phases.

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

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Q:

In the following question, out of the four alternatives, choose the word which best expresses the meaning of the given word and click the buttoncorresponding to it.

CONSTRAIN

A) STRESS B) CONTRADICT
C) RESTRICT D) OBSTRUCT
 
Answer & Explanation Answer: C) RESTRICT

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) monopoly B) iliterrate
C) monnopoly D) monnopolly
 
Answer & Explanation Answer: A) monopoly

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Which among the following is a characteristic of Laissez­faire system?

A) No government intervention B) Market forces are highly regulated
C) It is a socialist system D) Maximum government intervention
 
Answer & Explanation Answer: A) No government intervention

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams , AIEEE

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