Questions

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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million B) $250 million
C) $580 million D) $610 million
 
Answer & Explanation Answer: B) $250 million

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Filed Under: Indian Economy
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Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530 B) Rs 1050
C) Rs 50 D) Rs 1350
 
Answer & Explanation Answer: D) Rs 1350

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Filed Under: Indian Economy
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Q:

_____ reproduces by multiple fission.

A) Plasmodium B) Rhizopus
C) Yeast D) Planaria
 
Answer & Explanation Answer: A) Plasmodium

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is the primary sex organ in man?

A) Prostrate B) Testis
C) Vas deferens D) Seminal vesicles
 
Answer & Explanation Answer: B) Testis

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following organ does NOT belong to human excretory system?

A) Kidneys B) Ureters
C) Uterus D) Urethra
 
Answer & Explanation Answer: C) Uterus

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The huge storm known as Great red spot is associated with which planet?

A) Mars B) Venus
C) Pluto D) Jupiter
 
Answer & Explanation Answer: D) Jupiter

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which country has replaced Saudi Arabia for the first time to become India's top crude oil supplier in the current fiscal year?

A) Iran B) Iraq
C) UAE D) USA
 
Answer & Explanation Answer: B) Iraq

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Filed Under: General Awareness
Exam Prep: Bank Exams

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