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 2055

Q:

Highest Civilian Honour received by Sania Mirza is _________.

A) Padma Shri	B) Padma Bhushan
C) Padma Vibhushan	D) Bharat Ratna

Answer & Explanation Answer: B) Padma Bhushan

Explanation:

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Filed Under: Honours and Awards

0 2054

Q:

I can be long, or I can be short. I can be grown, and I can be bought. I can be painted, or left bare. I can be round, or square. What am I?

Answer

A fingernail.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 2054

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 2054

Q:

Select the word with the correct spelling.

A) missible	B) saosages
C) emullator	D) abdicate

Answer & Explanation Answer: D) abdicate

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 2054

Q:

A man standing close to the platform at a railway station experiences a pulling force towards a fast moving train because of __________ .

A) gravitational force between train and man	B) illusion of the man
C) the centripetal force	D) pressure difference due to fast moving air in between

Answer & Explanation Answer: D) pressure difference due to fast moving air in between

Explanation:

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Filed Under: Physics

0 2054

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

An achievement or something desired fail to be attained by someone

A) to elude	B) to eschew
C) to shirk	D) to devoid

Answer & Explanation Answer: A) to elude

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 2054

Q:

What is Program counter?

Answer

Program counter holds the address of either the first byte of the next instruction to be fetched for execution of the address of the next byte of a multi byte instruction, which has not been completely fetched. In both the cases it gets incremented automatically one by one as the instruction bytes get fetched. Also Program register keeps the address of the next instruction.

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