Questions

Q:

What was one outcome of laissez faire economic policies?

A) Poverty traps that cannot be escaped through free choice B) Monopoly power that emerges naturally in the market and allows businesses to exploit consumers
C) Businesses pay workers low D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Laissez-faire is simply a way to describe a government's hands-off approach to economic policies. This approach was particularly prevalent in the United States at the turn of the 20th century, which led to numerous issues within American manufacturing.

 

There are many outcomes of laissez-faire economic policies. Some of the outcomes of laissez-faire economics were:

* Businesses pay workers low.

* Pollution of air and water.

* Poverty traps that cannot be escaped through free choice. 

* General glut that results from overproduction or underconsumption

* Monopoly power that emerges naturally in the market and allows businesses to exploit consumers. 

* Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions. 

* External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market. 

* Public goods that are not supplied by the market due to free-rider problems.

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Filed Under: Indian Economy
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Q:

In a Comprehensive settlement of Dabhol Power Project, two American companies have agreed to transfer its share in the project. One of them is General Electric. Identify another one.

A) Exxon Mobile B) Bechtel
C) Chevron D) Unocal
 
Answer & Explanation Answer: B) Bechtel

Explanation:
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Filed Under: Business Awareness

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Q:

China and Pakistan air forces have launched _________ joint air exercise in China.

A) Black Flag B) Desert Eagle
C) Red Flag D) Shaheen
 
Answer & Explanation Answer: D) Shaheen

Explanation:

The air forces of China and Pakistan began a joint training exercise SHAHEEN and deployed their latest fighter jets and AWACS aircraft. 

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Filed Under: World Geography
Exam Prep: Bank Exams , CAT
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Q:

Which of the following is an air pollutant?

A) Sulphur dioxide B) Ozone
C) Water vapour D) Nitric oxide
 
Answer & Explanation Answer: A) Sulphur dioxide

Explanation:

Air pollutants are solid particles, gases, and liquid droplets in the air that can adversely affect ecosystems and the health of humans.

 

Major ambient air pollutants include toxic metals, polycyclic aromatic hydrocarbons, benzene, particulate matter (PM), nitrogen oxides, sulfur oxides, carbon monoxide, and ozone. Power plants, factories, and vehicle and air traffic are the most important anthropogenic sources of air pollution.

 

In addition, natural sources such as wildfires and volcanic activity contribute to ambient air pollution.

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Filed Under: General Science
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Q:

What is the study of flags called

A) Vexillology B) Vexillography
C) Vexology D) None of the above
 
Answer & Explanation Answer: A) Vexillology

Explanation:

The study of flags is called Vexillology and the art of flag design is called as Vexillography. The man who studies flags is called as Vexillologist.

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Filed Under: General Science
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

The coach said, "Don’t move, boys."

A) The coach told to the boys don't move. B) The coach said to the boys not to be moving.
C) The coach asked the boys not to move. D) The coach told to them, don't move boys.
 
Answer & Explanation Answer: C) The coach asked the boys not to move.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The most abundant gas in the atmosphere is

A) Nitrogen B) Argon
C) Oxygen D) Helium
 
Answer & Explanation Answer: A) Nitrogen

Explanation:

The atmosphere is a mixture of several gases. Nitrogen is the most abundant gas in the atmoshere and oxygen is next to it. It is 78% in the atmosphere and 21% is oxygen. Remaining 1% is all other gases like argon, hydrogen, neon, etc...

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Filed Under: General Science
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Q:

Name the company that has recently created the world’s smallest magnet using a single atom which can store one bit of data on it.

A) TCS B) Microsoft
C) IBM D) Infosys
 
Answer & Explanation Answer: C) IBM

Explanation:

A team of researchers at IBM has created the world’s smallest magnet using a single atom which can store one bit of data on it.

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Filed Under: General Awareness
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