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.

Report Error

View Answer Report Error Discuss

Filed Under: Marketing and Sales
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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.

Report Error

View Answer Report Error Discuss

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

1 2049
Q:

The Jal Amrutha scheme launched by which state?

A) Haryana B) Himachal Pradesh
C) Karnataka D) Telangana
 
Answer & Explanation Answer: C) Karnataka

Explanation:

The Jal Amrutha scheme launched by the state of Karnataka.

Report Error

View Answer Report Error Discuss

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

0 2049
Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

Vicky said, "I clean my teeth daily."

A) Vicky said he cleans his teeth daily. B) Vicky says he cleans his teeth daily.
C) Vicky said that he cleaned his teeth daily. D) Vicky said that he used to clean his teeth daily.
 
Answer & Explanation Answer: C) Vicky said that he cleaned his teeth daily.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

1 2049
Q:

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

The punishment of being kept in school after hours.

A) Pretension B) Isolate
C) Detention D) Blender
 
Answer & Explanation Answer: C) Detention

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL

0 2049
Q:

Supply curves tend to be

A) more elastic in the long run, because there is time for firms to enter or leave the industry. B) less elastic in the long run, because there is time for firms to enter or leave an industry.
C) perfectly elastic in the long run, because consumer demand will have sufficient time to adjust fully to changes in supply. B. D) None of the above
 
Answer & Explanation Answer: A) more elastic in the long run, because there is time for firms to enter or leave the industry.

Explanation:

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

Report Error

View Answer Report Error Discuss

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

1 2049
Q:

Which country declared sugarcane juice as 'National drink'?

A) Indonesia B) Afghanistan
C) Pakistan D) India
 
Answer & Explanation Answer: C) Pakistan

Explanation:

The country Pakistan declared sugarcane juice as 'National drink'.

Report Error

View Answer Report Error Discuss

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

3 2048
Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.


I had seen this road many years ago when my parents moved to Mundakotukurussi, our ancestral village. However, in those early years, I hadn't begun exploring the countryside. I stored the unknown road in my head under 'One Day I Will'. Ten years ago, when I recovered from a herniated disc, it was to discover that I had a useless left leg. Though I managed to lose the limp, I hated not being able to stride around as I used to. I needed a challenge to tell myself that I wasn't going to buckle to a creature called sciatica. Thus the 'One Day I Will' arrived. "Where does the road by the medical shop lead to?" I asked my parents while visiting them next. "Chalavara," they said. "It's not an easy road to walk on," my father added. "There are too many ups and downs." Chalavara was a superior grade of a village as compared to Mundakotukurussi, with a high school, a fine library, ATMs and several shops. But it also has two approach roads. The one I had chosen was a narrow back road used by the locals and that settled it for me. I needed to know for myself I could walk a road that wasn't going to be easy. And the next day, I would get up and walk that road again.

 

What makes Chalavara better than Mundakotukurussi?

A) It has a high school, a fine library, ATMs and several shops B) It is the place where the writer's ancestors were born
C) It is the place where the writer went to school D) It is the place where the writer would walk when he was young
 
Answer & Explanation Answer: A) It has a high school, a fine library, ATMs and several shops

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 2048