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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of following is true if the Government monetized part of its deficit?

A) Money supply in the economy will increase.	B) Interest rate will increase.
C) Government revenue will decrease.	D) Government expenditure will increase.

Answer & Explanation Answer: A) Money supply in the economy will increase.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Atomic mass of Sulphur is 32 u. The number of moles in 16 grams of Sulphur is:

A) 0.5 moles of Sulphur	B) 0.25 moles of Sulphur
C) 0.75 moles of Sulphur	D) 1 mole of Sulphur

Answer & Explanation Answer: A) 0.5 moles of Sulphur

Explanation:

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price	B) Commodities are bought and sold at retail price
C) Securities are bought and sold	D) None of these

Answer & Explanation Answer: C) Securities are bought and sold

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The goal of expansionary fiscal policy is to increase

A) Unemployment	B) The price level
C) Aggregate supply	D) Real GDP

Answer & Explanation Answer: D) Real GDP

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

When is International day for Preservation of Ozone layer observed?

A) September 16	B) July 4
C) January 23	D) May 1

Answer & Explanation Answer: A) September 16

Explanation:

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Filed Under: Important Days and Years
Exam Prep: Bank Exams

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Q:

TRIPS Agreement pertains to

A) international tariff regime	B) intellectual property protection
C) international practices on trade facilitation	D) international taxation of property

Answer & Explanation Answer: B) intellectual property protection

Explanation:

The Agreement on Trade-Related Aspects of Intellectual Property Rights(TRIPS) is an international legal agreement between all the member nations of the World Trade Organization(WTO). It sets down minimum standards for the regulation by national governments of many forms of intellectual property(IP) as applied to nationals of other WTO member nations.TRIPS was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994 and is administered by the WTO

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

An object having a mass 'm' moving with a velocity 'v' possesses a kinetic energy 'K'. If its velocity is doubled, its kinetic energy will become:

A) K/2	B) 2K
C) 4K	D) K/4

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