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Q:

Consumer surplus arises in a market because

A) some consumers are willing to pay more than the equilibrium price but do not need to do so B) some consumers are willing to pay less than the equilibrium price but do not need to do so
C) at market price, the quantity demanded is less than the quantity supplied D) at market price, the quantity demanded is greater than the quantity supplied
 
Answer & Explanation Answer: A) some consumers are willing to pay more than the equilibrium price but do not need to do so

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2079
Q:

If 4/5th of 6/7th of a number is 216, then 8/9th of that number will be

A) 179 B) 280
C) 160 D) 149
 
Answer & Explanation Answer: B) 280

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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT

2 2078
Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Teething problems

A) Oral problems B) Problems at the start of a new project
C) Problems for quite a long time in adjusting in the new place D) Problem of having good dentist
 
Answer & Explanation Answer: B) Problems at the start of a new project

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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

0 2078
Q:

World Television Day is observed on

A) Nov 16 B) Nov 17
C) Nov 21 D) Nov 26
 
Answer & Explanation Answer: C) Nov 21

Explanation:

World Television Day is observed on November 21.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 2077
Q:

Who is the most run getter in T20 internationals?

A) Virat Kohli B) Rohit Sharma
C) M S Dhoni D) Shikar Dhawan
 
Answer & Explanation Answer: B) Rohit Sharma

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

3 2076
Q:

The law of supply indicates that, other things equal

A) sellers will offer more of a product at low prices than at high prices. B) buyers will purchase less of a good at high prices than at low prices.
C) Sellers will offer more of a product at high prices than at low prices. D) the product supply curve is downward sloping.
 
Answer & Explanation Answer: C) Sellers will offer more of a product at high prices than at low prices.

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

1 2075
Q:

Fiscal policy is connected with

A) Public revenue & expenditure B) Exports and imports
C) Issue of currency D) Taxes
 
Answer & Explanation Answer: A) Public revenue & expenditure

Explanation:

Fiscal policy is connected with public revenue and expenditures. This policy is the use of government revenue collection to monitor the nation's economy.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2075
Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

To be on cloud nine

A) To extremely happy B) To feely lucky
C) To experience the feeling of being intoxicated D) To make one last attempt
 
Answer & Explanation Answer: A) To extremely happy

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Filed Under: English
Exam Prep: Bank Exams , CAT

0 2074