Bank Clerk Questions

The acid used in lead storage cells is Sulphuric acid. They are used car batteries. Lead-acid batteries are capable of being recharged, which is important for their use in cars.

The basic concept in economics is that all resources are limited.

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.

BP Kanungo was appointed as Deputy Governor in Reserve Bank of India (RBI) for three years. The Appointments Committee of Cabinet (ACC) has approved his appointment to the post with effect from the date of taking over the charge on or after April 3, an order issued by Personnel Ministry said. He has been appointed in place of R Gandhi, it said.
Kanungo was in March last year appointed as Executive Director in the central bank.

Yakshagana is a traditional Indian dance drama form developed in Karnataka state of India.

A command economy types of government decide which goods would be produced without any interference of the public.

Command economy ran in Germany during the rule of Adolf Hitler. 

A command economy tends to exist under a socialist government that provides a lot of regulation.

Protecting data by copying it from the original source to a different destination is called as Backup. When an original data is lossed, to restore the information by copying the data from the source to other destination is called as Backup or Data backup.

Ray Tomilson