Questions

Q:

What was one outcome of laissez faire economic policies?

A) Poverty traps that cannot be escaped through free choice B) Monopoly power that emerges naturally in the market and allows businesses to exploit consumers
C) Businesses pay workers low D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Laissez-faire is simply a way to describe a government's hands-off approach to economic policies. This approach was particularly prevalent in the United States at the turn of the 20th century, which led to numerous issues within American manufacturing.

 

There are many outcomes of laissez-faire economic policies. Some of the outcomes of laissez-faire economics were:

* Businesses pay workers low.

* Pollution of air and water.

* Poverty traps that cannot be escaped through free choice. 

* General glut that results from overproduction or underconsumption

* Monopoly power that emerges naturally in the market and allows businesses to exploit consumers. 

* Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions. 

* External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market. 

* Public goods that are not supplied by the market due to free-rider problems.

Report Error

View Answer Report Error Discuss

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

1 2667
Q:

The Chairman of the Public Accounts Committe of Parliament is appointed by the 

A) Prime Minister B) Speaker of the Lok Sabha
C) President D) Union Finance Minister
 
Answer & Explanation Answer: B) Speaker of the Lok Sabha

Explanation:

Though this is essentially a Committee of the House of the people (Having 15 members from that house), by an agreement between the two houses, 7 members from the other Houses are also associated with this committee, in order to strengthen it.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics

4 2666
Q:

Who is the Italian avant-grade-motion-picture director and screen-writer whose films are known for their haunting images of human isolation?

Answer

Michelangelo Antonioni

Report Error

View answer Workspace Report Error Discuss

2 2665
Q:

The magnitude of Earthquake is measured on the 

A) Barometer B) Anemometer
C) Kelvin meter D) Richter Scale
 
Answer & Explanation Answer: D) Richter Scale

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: World Geography

2 2664
Q:

Particles of matter are continuously moving.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

Yes, in any matter the particles are always moving. But the speed of the particles moving sepends on the temperature. As temperature increases, the speed of the particles also increases.

Report Error

View Answer Workspace Report Error Discuss

Subject: General Science
Exam Prep: AIEEE , Bank Exams , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 2664
Q:

What is the basic objective of monetary policy?

Answer

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.


The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.


Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

Report Error

View answer Workspace Report Error Discuss

Subject: Indian Economy Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 2664
Q:

How long is an IPv6 address?

A) 128 bytes B) 32 bits
C) 128 bits D) 32 bytes
 
Answer & Explanation Answer: C) 128 bits

Explanation:

IPv6 - Internet Protocol Version 6.

IPv6 addresses have a size of 128 bits.

Internet Protocol Version 6 [IPv6] is the successor to the Internet's first addressing infrastructure, Internet Protocol version 4 (IPv4).

In contrast to IPv4, which defined an IP address as a 32-bit value, IPv6 address have a size of 128 bits. 

Report Error

View Answer Report Error Discuss

8 2663
Q:

Which one of the following cities was not included in the list of smart cities in India?

A) Silvassa B) Jorhat
C) Itanagar D) Kavaratti
 
Answer & Explanation Answer: B) Jorhat

Explanation:

Silvassa is in Dadra and Nagar Haveli.Kavarati is capital of Lakshadweep. Itanagar is capital of Arunachal PradeshThese three were originally included in smart city list.Assam government has sent a proposal for Jorhat to be included in smart city list. But it has not yet been included.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

0 2663