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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 2033
Q:

Magnesium (Mg) + Oxygen (O2) = ?

A) Mg2O B) MgO4
C) O2Mg D) MgO
 
Answer & Explanation Answer: D) MgO

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

4 2033
Q:

A store sells a watch for a profit of 25% of the cost. Then the percentage of profit against selling price is

A) 22% B) 20%
C) 18% D) 15%
 
Answer & Explanation Answer: B) 20%

Explanation:
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Filed Under: Profit and Loss
Exam Prep: Bank Exams

4 2033
Q:

A does 80% of a work in 20 days. He then calls in B and they together finish the remaining work in 4 days. How long B alone would take to do the whole work?

A) 12.5 days B) 100 days
C) 22.5 days D) 35 days
 
Answer & Explanation Answer: B) 100 days

Explanation:
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Filed Under: Time and Work
Exam Prep: Bank Exams

0 2033
Q:

What would be the smaller of the two angles formed by the hour hand and the minute hand at 3:47 p.m?

A) 168.5 deg B) 162 deg
C) 166.5 deg D) 165 deg
 
Answer & Explanation Answer: A) 168.5 deg

Explanation:
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Filed Under: Clocks
Exam Prep: Bank Exams

7 2033
Q:

Choose the correctly spelt word:-

A) Gragarious B) Gragerious
C) Gregarious D) Grigareous
 
Answer & Explanation Answer: C) Gregarious

Explanation:

Gregarious is spelt correctly which means sociable.

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Filed Under: English
Exam Prep: Bank Exams

0 2032
Q:

The difference between Greenwich Mean Time & Indian Standard Time is

A) 6 1/2 Hours B) 6 Hours
C) 5 1/2 Hours D) 5 Hours
 
Answer & Explanation Answer: C) 5 1/2 Hours

Explanation:

The difference between Greenwich Mean Time & Indian Standard Time is 5 1/2 hours.

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

2 2032
Q:

NMCG means

A) National Mission for Clean Ganga B) National Money Collection Group
C) National Mutual funds for College Gang D) None of the above
 
Answer & Explanation Answer: A) National Mission for Clean Ganga

Explanation:

NMCG means National Mission for Clean Ganga.

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

2 2032