Bank PO Questions


Q:

Who is the current Union Minister of Railways in India 2019?

A) Amit Shah B) Arun Jaitley
C) Piyush Goyal D) Nitin Gadkari
 
Answer & Explanation Answer: C) Piyush Goyal

Explanation:

The current Union Minister of Railways in India 2019 is Piyush Goyal. He is also holding the Ministry of Finance for temporary.

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

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Q:

Which of these established the rights of citizens?

A) Magna Carta B) The Bill of Rights
C) The Habeas Corpus Act D) None of the above
 
Answer & Explanation Answer: B) The Bill of Rights

Explanation:

The Bill of Rights established the rights of citizens. It is also called as Declaration of rights or Charter of rights. It is a list of most important rights to the citizens of a country.

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

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Q:

A practice to learn something

a_practice_to_learn_something1551439875.jpg image

A) Poem B) Summary
C) Lesson D) Introduction
 
Answer & Explanation Answer: C) Lesson

Explanation:

A practice to learn something is a Lesson.

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Q:

Production costs to an economist

A) reflect opportunity costs B) consist only of explicit costs
C) always reflect monetary outlays D) never reflect monetary outlays
 
Answer & Explanation Answer: A) reflect opportunity costs

Explanation:

Production costs to an economist reflect opportunity costs.

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

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Q:

What is it called when you can't hear?

A) Deaf B) Dumb
C) Mute D) Blind
 
Answer & Explanation Answer: A) Deaf

Explanation:

When you can't hear it is called as Deaf.

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

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Q:

An important function of fat in the body is to

A) Protect vital organs B) Stores energy
C) Insulate us D) All of the above
 
Answer & Explanation Answer: D) All of the above

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

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Q:

Which of the following is an example of market failure?

A) Prices do not reflect the full social cost of production B) A firm goes out of business because it cannot find a market for its products
C) Prices rise so that the consumers cannot afford the products they want to buy D) Producer surplus is maximized
 
Answer & Explanation Answer: A) Prices do not reflect the full social cost of production

Explanation:

Prices do not reflect the full social cost of production is an example of Market failure.

 

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

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

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Q:

Statement: The air and rail services have been severely disrupted due to thick fog in the northern part of the country.
Courses of action:
a. The rail and air services should be temporarily suspended in the region.
b. People should be advised to make their travel plan keeping in mind the probable disruption resulting in delay or cancellation of services.
c. The government should immediately install modern machines which will enable itto guide the rail and air services even if the thick fog develops.

A) Only a follows B) a and b follows
C) Only b follows D) a, b & c follows
 
Answer & Explanation Answer: D) a, b & c follows

Explanation:

Keeping in mind the safety and convenience of passengers, both 'a' and 'b' follow. 'c' clearly suggests a remedy to the problem and hence it also follows.

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