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:

In perfect competition _____.

A) Products can be similar or different	B) Producer can control price by controlling production
C) Demand curve is perfectly elastic	D) All firms make economic profit in the long run

Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

People used to preserve

A-companionship in absentia
B-letters for years as these humble pieces
C-of paper afforded

A) BAC	B) BCA
C) ACB	D) ABC

Answer & Explanation Answer: B) BCA

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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the name of the book in Harry Potter series written by Jack Thorne to be published in mid - 2016?

A) Harry Potter and the Cursed Child	B) Harry Potter and the Deathly Hallows
C) Fantastic Beasts and Where to Find Them	D) The Tales of Beedle the Bard

Answer & Explanation Answer: A) Harry Potter and the Cursed Child

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Filed Under: Books and Authors
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Q:

X-Rays, which are now used on a day to day basis for diagnosis in medicine, was discovered by?

A) Wilhelm Rontgen	B) Niels Bohr
C) Ernest Rutherford	D) Max Bon

Answer & Explanation Answer: A) Wilhelm Rontgen

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

How many players, on each side, are required for the game of volleyball?

A) 6	B) 8
C) 5	D) 7

Answer & Explanation Answer: A) 6

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Cricket World Cup 2019 is hosted by

A) England	B) South Africa
C) Wales	D) England and Wales

Answer & Explanation Answer: D) England and Wales

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

__ won the FIFA Ballon d'Or award for the best player in the World in 2015.

A) Cristiano Ronaldo	B) Neymar
C) Lionel Messi	D) Luis Suarez

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