Bank Clerk Questions

The term market in economics refers to the place or arrangement where the buyers and sellers come to contact directly or indirectly for buying and selling goods. Market refers to not a specific or particular place it is the place for commodities..

A monopoly firm has no well-defined supply curve. In other words, there is no unique supply curve for the monopolist derived from his MC curve.

The New Jersey Plan was one option as to how the United States would be governed.

The Plan called for each state to have one vote in Congress instead of the number of votes being based on population. Hence, it is called as a small state plan also.

It was introduced to the Constitutional Convention by William Paterson. So, it is also called as the Paterson plan.

The 12th five year plan period was from 2012 to 2017. But from 2015, Narendra Modi, the Prime Minister of India replaced this planning commission of India by NITI Aayog. 

The main theme of the 12th five year plan was "faster, sustainable and more inclusive growth".

The Flynn Effect refers to the observed rise in IQ scores over time, resulting in norms obsolescence.

The Oseberg Ship was in use for several years before 834 when it was finally used as a grave ship for two important women.

The Oseberg Ship was excavated in the summer of 1904 in the Slagen Valley in Vestfold, by archaeologist Gabriel Gustafson. The ship lay in a grave mound, which had a diameter of 44 meters, on property belonging to the farm Lille Oseberg.