Bank Clerk Questions


Q:

The long run aggregate supply curve is vertical because

A) there is no cyclical inflation B) potential GDP is low
C) at full employment prices are stable D) all of the above
 
Answer & Explanation Answer: C) at full employment prices are stable

Explanation:

The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.

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Filed Under: Indian Economy
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Q:

Who has the highest individual score in ODIs?

A) Rohit Sharma B) Virender Sehwag
C) Martin Guptill D) Chris Gayle
 
Answer & Explanation Answer: A) Rohit Sharma

Explanation:

Rohit Sharma has the highest individual score in ODIs and with 264 runs against SriLanka.

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Filed Under: Sports
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Q:

Which of the following Neolithic sites gives evidence of trough residence?

A) Burzahom B) Brahmagiri
C) Chirand D) Maski
 
Answer & Explanation Answer: A) Burzahom

Explanation:
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Q:

A major purpose of cost accounting is to

A) measure, record and report product costs B) classify all the product costs
C) to provide information to stockholders for investment decisions D) All of the above
 
Answer & Explanation Answer: A) measure, record and report product costs

Explanation:

A major purpose of cost accounting is to measure, record and report product costs.

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Q:

Product costs are also called

A) Inventoriable Costs B) Voluntary Costs
C) Vulnerable Costs D) None of the above
 
Answer & Explanation Answer: A) Inventoriable Costs

Explanation:

Product costs are also called Inventoriable Costs, since the product costs are used to value their goods in inventory.

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Q:

Which municipal corporation has won the first prize at the Swachhata Excellence awards 2019?

A) Arrah B) Raigarh
C) Jagdalpur D) Ahmedabad
 
Answer & Explanation Answer: B) Raigarh

Explanation:

Raigarh municipal corporation in Chhattisgarh has won the first prize at the Swachhata Excellence awards 2019.

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Filed Under: Indian Politics
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Q:

How many justices are on the supreme court?

A) 25 B) 28
C) 31 D) 35
 
Answer & Explanation Answer: C) 31

Explanation:

The Supreme Court of India, the highest court in the Republic of India. There are currently 25 judges (including Chief Justice of India) against a maximum possible strength of 31. As per the Constitution of India, judges of the Supreme Court retire at age 65.

 

Justice Dipak Misra, from Odisha is the current and 45th head.

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Q:

Which is the India's largest milk producing state?

A) Andhra Pradesh B) Uttar Pradesh
C) Himachal Pradesh D) Madhya Pradesh
 
Answer & Explanation Answer: B) Uttar Pradesh

Explanation:

Uttar Pradesh is the India's largest milk producing state. It contributes 17% of the total milk production in the country followed by Andhra Pradesh.

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