Bank PO Questions


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

5 2611
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

2 2611
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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1 2611
Q:

Other things the same, when the interest rate rises 

A) people would want to lend less, making the supply of loanable funds decrease. B) people would want to lend less, making the quantity of loanable funds supplied decrease.
C) people would want to lend more, making the supply of loanable funds increase. D) people would want to lend more, making the quantity of loanable funds supplied increase.
 
Answer & Explanation Answer: D) people would want to lend more, making the quantity of loanable funds supplied increase.

Explanation:

Other things the same, when the interest rate rises people would want to lend more, making the quantity of loanable funds supplied increase.

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

6 2610
Q:

Can yoy guess the Age of Karthik & Kalyan  ?

age_31499317915.jpg image

A) 68 & 44 B) 64 & 48
C) 58 & 54 D) 76 & 36
 
Answer & Explanation Answer: B) 64 & 48

Explanation:

Given Karthik + Kalyan = 112

Given that when karthik is at the age of kalyan he is twice of Kalyan's age

i.e When he was 48 means Kalyan is at 24

=> Present age of Kalyan is 48

And that of Karthik is 112 - 48 = 64

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Filed Under: Problems on Ages
Exam Prep: GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

9 2610
Q:

The place where the river meets the sea is called

A) Delta B) Sediment
C) Tributary D) Estuary
 
Answer & Explanation Answer: D) Estuary

Explanation:

The place where the river meets the sea or ocean is called as Estuary.

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

5 2609
Q:

Who owns Tradestation?

A) SBI Group B) Monex Group, Inc.
C) CME Group D) None of the above
 
Answer & Explanation Answer: B) Monex Group, Inc.

Explanation:

Tradestation is owned by its parent organization Monex Group, Inc.

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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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