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:

The Waterfall with the greatest meterage in the fall is 

A) The Jog Falls, India B) The Victoria Falls, Africa
C) The Niagara Falls, N America D) The Salto Angel Falls, S America
 
Answer & Explanation Answer: D) The Salto Angel Falls, S America

Explanation:

The greatest single drop of the waterfall, Salto Angel of Venezuela, measures 807m and the width at the base is about 150 m. From top to bottom the Angel falls measures 979 m - almost 1 km.

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Filed Under: World Geography

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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:

What is autonomous system?

Answer

It is a collection of routers under the control of a single administrative authority and that uses a common Interior Gateway Protocol

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Subject: Networking
Job Role: Network Engineer

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Q:

In the following question, out of the four alternatives, choose the word which best expresses the meaning of the given word and click the button corresponding to it.

DEVASTATION

A)  DESTRUCTION B)  CONSTRUCTION
C) SEPARATION D) FRUSTRATION
 
Answer & Explanation Answer: A)  DESTRUCTION

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which country is associated with the 'Jesuit School'?

A) Spain B) France
C) Germany D) England
 
Answer & Explanation Answer: A) Spain

Explanation:

In Spain, where there were no protestants, a soldier named lgnatius Loyola started an organisation for clergymen to work wholly as 'soldiers of jensus' in the service of the Church. Its members came to be called jesuits. They went from place to place and won back followers in France and Germany. They established missions in india, china, Africa and the Americas to gain new adherents. The Jesuit Schools which they started to strengthen the Roman Catholic  Church are still in existence in many countries of the world.

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Filed Under: World History

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Q:

The right to vote in India is in an article of

A) 370 B) 368
C) 356 D) 326
 
Answer & Explanation Answer: D) 326

Explanation:

In India, the right to vote is provided by the Constitution and the Representation of People's Act, 1951, subject to certain disqualifications. Article 326 of the Constitution guarantees the right to vote to every citizen above the age of 18.

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Filed Under: Indian Politics
Exam Prep: CAT , Bank Exams
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Q:

What is it called when you can't hear?

A) Deaf B) Dumb
C) Mute D) Blind
 
Answer & Explanation Answer: A) Deaf

Explanation:

When you can't hear it is called as Deaf.

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Filed Under: General Science
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