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 2057

Q:

A posted speed limit of 55 mph means

Answer

A posted speed limit of 55 mph means that we can drive at a speed of 55 miles per hour(mph) under good conditions in that area. We cannot that speed limit in that area.

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Subject: General Awareness Exam Prep: AIEEE , Bank Exams
Job Role: Analyst

0 2056

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 2056

Q:

Who is the Formula one driver, has won the Hungarian Grand Prix for the 6th time?

A) Lewis Hamilton	B) Sebastian Vettel
C) Sergio Perez	D) Daniel Ricciardo

Answer & Explanation Answer: A) Lewis Hamilton

Explanation:

Lewis Hamilton of Mercedes won the Hungarian Grand Prix for the 6th time, at the Hungaroring circuit, in Hungary.

This is the 67th career victory for Lewis Hamilton.

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Filed Under: Sports
Exam Prep: Bank Exams , CAT
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2 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 2055

Q:

India's Multi Application Solar Telescope (MAST) was operationalized at the ____ Solar Observatory.

A) Udaipur	B) Jaipur
C) Kodaikanal	D) Ahmedabad

Answer & Explanation Answer: A) Udaipur

Explanation:

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Filed Under: Indian Geography

2 2055

Q:

The 4th Agri Leadership Summit 2019 held at?

A) Haryana	B) Uttar Pradesh
C) West Bengal	D) Assam

Answer & Explanation Answer: A) Haryana

Explanation:

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

0 2055

Q:

Which state govt announces "Mukhyamantri Parivar Samman Nidhi" scheme?

A) Karnataka	B) Tamil Nadu
C) Gujarat	D) Haryana

Answer & Explanation Answer: D) Haryana

Explanation:

Haryana state govt announces "Mukhyamantri Parivar Samman Nidhi" scheme.

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

3 2055

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