Bank Clerk Questions

Capitalism is an economic system in which private individuals or businesses own capital goods i.e, economy is characterized by private ownership of the means of production. The production of goods and services is based on supply and demand in the general market known as a market economy and not on central planning known as a planned economy.

For participating countries NAFTA called for the gradual removal of trade restrictions.

NAFTA is The North American Free Trade Agreement is a treaty signed by Canada, Mexico, and the United States, creating a trilateral trade by removing restrictions on trade in North America. It came into effect on Jan 1st 1994.

John Muir encouraged the establishment of various parks in the United States' National Park System, including the Yosemite and Sequoia National Parks.

The new King of Malaysia is Sultan Abdullah.

A monopoly firm has no well-defined supply curve. In other words, there is no unique supply curve for the monopolist derived from his MC curve.

Hagia Sophia is the former Greek Orthodox Christian patriarchal cathedral, later an Ottoman imperial mosque and now a museum in Istanbul, Turkey.

It was built in 537 AD at the beginning of the Middle Ages, it was famous in particular for its massive dome. It was the world's largest building and an engineering marvel of its time.

The dome of the Hagia Sophia is supported by the four pendentives of the square corners.