Questions

Q:

Demand side market failures occur when

A) supply curves do not reflect the full cost of producing a good or services B) demand curves do not reflect consumer’s full willingness to pay for goods or services
C) government imposes tax on a good or a service D) a good or service is not produced because no one demands it
 
Answer & Explanation Answer: B) demand curves do not reflect consumer’s full willingness to pay for goods or services

Explanation:

Market failure arises because it is not possible for the market to correctly weight cost and benefits in a situation in which some of the cost is completely unaccounted.

Demand-side market failures happen when demand curves do not reflect consumer’s full willingness to pay for goods or services.

Supply-side market failures occur when supply curves do not reflect the full cost of producing a good or services.

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Filed Under: Marketing and Sales
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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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 expresses the same sentence in Indirect/Direct speech.

 

He said, "This is a bad idea."

A) He said this that was a bad idea. B) He said that that is a bad idea.
C) He said that that was a bad idea. D) He said this that is a bad idea.
 
Answer & Explanation Answer: C) He said that that was a bad idea.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.

Due to poor rainfall over the past few months, the vadu mangai season is expected to be short this year. There are two distinct varieties available in the vicinity of Coimbatore. The closest to Coimbatore, and the one that appears in the markets first, is the Thadagam variety. The second and more popular variety is the one from the Thirumoorthy Hills, near Udumalpet. Representatives from commercial pickle brands whisk these mangais away in big lots directly from the wholesalers. Only a small portion of the year's harvest trickles down to the local markets. Small vendors bring sacks full of these tiny tender mangoes to one particular street corner in Ram Nagar during the season. The corner of Rajaji Road and Sathyamurthy Road plays host to these vendors from as early as 7.00 am every day. Depending on the quantity they have, the mangais are available until around 11.00 am. If the vendors have a good day and their produce is sold quickly, they pack up and leave even as early as 9.00 am.

What may happen if there is adequate rainfall? 

 

A) Local vendors will get fewer mangoes. B) The vadu mangai season will be longer that year.
C) Commercial pickle companies will buy in smaller quantities. D) Vendors will be able to sell quickly.
 
Answer & Explanation Answer: B) The vadu mangai season will be longer that year.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, choose the word which best expresses the meaning of the given word and click the button corresponding to it.

OBSEQUIOUS

A) DEFIANT B) DISHONEST
C) SERVILE D) HONEST
 
Answer & Explanation Answer: C) SERVILE

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who is the first Chief Justice of the newly formed Telangana High Court?

A) Praveen Kumar B) Ranjan Gogoi
C) V.K. Tahilramani D) T.B.N Radhakrishnan
 
Answer & Explanation Answer: D) T.B.N Radhakrishnan

Explanation:

Justice T.B.N Radhakrishnan is the first Chief Justice of the newly formed Telangana High Court.

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

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Q:

Project Integration Management - Processes

Describe the Inputs, Tools and Techniques, Outputs of Develop Preliminary Project Scope Statement phase?

Answer

I. Inputs



  • Project Charter

  • Project Statement of work

  • Enterprise environmental factors

  • Organizational process assets


II. Tools and Techniques



  • Project management methodology

  • Project management information system

  • Expert Judgment


III. Outputs



  • Preliminary project scope statement 

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Q:

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

Once and for all

A) Now and for the last time; finally B) To be successful in the first attempt
C) To do a charitable act for the benefit of everybody D) To speak for the majority
 
Answer & Explanation Answer: A) Now and for the last time; finally

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The size of the pupil is controlled by the

A) Retina B) Iris
C) Cornea D) Lens
 
Answer & Explanation Answer: B) Iris

Explanation:

The size of the pupil is controlled by the Iris when light enters the eye.

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

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