Questions

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
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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
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Q:

The given sentences, when properly sequenced, form a coherent paragraph. Each sentence is labelled with a letter. Choose the most logical order of the sentences from among the five given choices to construct a coherent paragraph keeping 1 as the first statement.

1) In Hindu mythology, when Shiva opens his third eye, it is considered a terrible warning for the cosmos.

A) In somewhat similar fashion, in 2017, women across the world seemed to declare war — on harassment, abuse, rape, inequality and every form of injustice.

B) Anger, however, is only one facet of the fight for empowerment. Concomitantly, the year saw women stack up achievements on an unprecedented scale.

C) It means he is angry enough to incinerate anything that comes in his way.

D) Across the world, there was a furious outpouring of rage against men in power, men on the street, men at home, and in families.

A) ABCD B) CBDA
C) DBAC D) DACB
 
Answer & Explanation Answer:

Explanation:

The correct sequence is CADB.

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Filed Under: English

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Q:

On 26thNovember, 1949, which of the following provisions of the Constitution of India came into effect?

1.Citizenship

2.Elections

3.Provisional Parliament

4.Fundamental Rights

 

Select the correct answer using the code given below.

A) 2, 3 and 4 B) 1, 2 and 3
C) 1 and 3 only D) 1 and 2 only
 
Answer & Explanation Answer: B) 1, 2 and 3

Explanation:

Some provisions of the Constitution pertaining to citizenship, elections, provisional parliament, temporary and transitional provisions, and short title contained in Articles 5, 6, 7, 8, 9, 60, 324, 366, 367, 379, 380, 388, 391, 392 and 393 came into force on November 26, 1949 itself

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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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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Q:

Which of the following is an example of secondary succession?

A) sedimentation on the bottom of drained lake B) landscaping at a golf course
C) reforestation of the cedar forests of the northwest D) scrub grasses growing on a newly exposed dune
 
Answer & Explanation Answer: C) reforestation of the cedar forests of the northwest

Explanation:

Secondary succession means in an ecosystem renewal of itself after all or a portion has been destroyed.

 

After a forest fire, the whole forest had destroyed but after that again renewal of that forest is also an example of secondary succession.

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Filed Under: General Science
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Q:

Cranial bones develop

A) within fibrous membranes B) within osseous membranes
C) from cartilage models D) from a tendon
 
Answer & Explanation Answer: A) within fibrous membranes

Explanation:
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Filed Under: Biology
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Q:

Missing letters puzzle

Answer

Answer:  T


Explanation:   In each row, add together the numerical values of the pairs of letters to the left and right, then calculate their difference, putting the letter with this numerical value in the centre space.

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