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

1 2050
Q:

Which one of the following crops is not cultivated in Karewas, the lacustrine deposit's of sand, clay, loam, silt and boulders?

 

A) Saffron B) Almond
C) Walnut D) Ling nut
 
Answer & Explanation Answer: D) Ling nut

Explanation:

Karewa sediments are treasures of many human civilizations and habitations. In fact, the agriculture of the valley dominantly survives and sustains on Karewa soils. The world famous saffron from Pampore and apples from Shopian are best examples.The famous almond orchids are best grown in the soils of karewas.

The karewas are mainly devoted to the cultivation of saffron, almond, walnut, apple and orchards.Ling nuts (singharas) grow throughout the East of India: West Bengal, Jharkhand, and Bihar are examples of such regions.

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Filed Under: Indian History
Exam Prep: Bank Exams

0 2049
Q:

Activation of the receptors by stimuli is called

A) Perception B) Habituation
C) Adaptation D) Sensation
 
Answer & Explanation Answer: D) Sensation

Explanation:
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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams
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1 2049
Q:

Who is the current Chairman of Indian Space Research Organisation(ISRO)?

A) Kailasavadivoo Sivan B) G. Satheesh Reddy
C) A. S. Kiran Kumar D) K. Radhakrishnan
 
Answer & Explanation Answer: A) Kailasavadivoo Sivan

Explanation:

The current Chairman of Indian Space Research Organisation(ISRO) is Kailasavadivoo Sivan.

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Filed Under: General Awareness
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1 2049
Q:

The Twelfth Five-year Plan focused on inclusive growth. Which of the following were considered as challenges for inclusiveness?

1.Poverty

2.Group inequality

3.Regional imbalance

4.Unemployment

Select the correct answer using the code given below.

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

Explanation:
All are correct except 2, as group inequality was not a challenge.
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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 2049
Q:

Isotopes are atoms of the same element that have different

A) mass numbers B) atomic numbers
C) protons D) All of the above
 
Answer & Explanation Answer: A) mass numbers

Explanation:

Isotopes are atoms of the same element that have different mass numbers.

Example : Hydrogen, Deutirium and tritium all these have different mass but same atomic numbers.

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Filed Under: Chemistry
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2 2049
Q:

Which is the highest peak in Andaman and Nicobar islands?

A) Mount Koya B) Mount Diavolo
C) Saddle Peak D) Mount Thuiller
 
Answer & Explanation Answer: C) Saddle Peak

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

2 2048
Q:

Improve the bracketed part of the sentence.
In the eighteenth century, Japan's feudal overlords, from the shogun to the humblest samurai, found themselves (on) financial stress.

A) of  B) for 
C) under  D) No improvement
 
Answer & Explanation Answer: C) under 

Explanation:
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Filed Under: English

0 2048