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Q:

Where is the headquaters of the UNESCO

A) New Delhi B) London
C) Paris D) New York
 
Answer & Explanation Answer: C) Paris

Explanation:
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Filed Under: World Organisations

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

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Q:

Which of the following agencies related to the United nations was in existence before the Second world war

A) Food and Agriculture Organisations B) International Labour Organisaions
C) World health organisations D) International Monitory found
 
Answer & Explanation Answer: B) International Labour Organisaions

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Filed Under: World Organisations

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Q:

"Abhinav Bharat" was founded in 1904 as a secret society of revolutionaries by :

A) Damodar Chapekar B) V. D. Savarkar
C) Praffula Chaki D) Khudiram Bose
 
Answer & Explanation Answer: B) V. D. Savarkar

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Consider the following statement :“A sound body means one whichbends itself to the spirit and is always a ready instrument at its service.”The above statement is attributed to

A) Sardar Patel B) Winston Churchill
C) Mahatma Gandhi D) Baden-Powell
 
Answer & Explanation Answer: C) Mahatma Gandhi

Explanation:

According to Gandhiji, A sound body means one which bends itself to the spirit and is always a ready instrument at its service. Such bodies are not made, in my opinion, on the football field. They are made on cornfields and farms.

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Filed Under: Indian History
Exam Prep: GATE

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Q:

Limbs of frog, lizard, bird and human are example of ______ organs.

A) Homogenous B) Heterogeneous
C) Analogous D) Homologous
 
Answer & Explanation Answer: D) Homologous

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Filed Under: Biology

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Q:

Improve the bracketed part of the sentence.
He jumped off the train while it (had been running).

A) has been running B) ran
C) was running D) No improvement
 
Answer & Explanation Answer: C) was running

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Filed Under: English
Exam Prep: Bank Exams

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Q:

A sheet or web supported by a metal frame is

A) Trampoline B) Gasoline
C) Colin D) None of the above
 
Answer & Explanation Answer: A) Trampoline

Explanation:

A trampoline is a sheet or web supported by springs in a metal frame and is used as spring board.

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

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