Bank Clerk Questions


Q:

For a good that is a luxury demand

A) has unit elasticity B) tends to be inelastic
C) tends to be elastic D) cannot be represented
 
Answer & Explanation Answer: C) tends to be elastic

Explanation:

For a good that is a luxury demand tends to be elastic.

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Q:

The first government of the United States was the

A) The United States in Congress Assembled B) Articles of Confederation
C) The Founding Government D) None of the above
 
Answer & Explanation Answer: A) The United States in Congress Assembled

Explanation:

The first government of the United States was called 'The United States in Congress Assembled'. The first President of the First Government was John Hanson.

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Q:

What was true about the progressive movement?

A) Women left traditional roles to become active in reform during the Progressive Movement. B) Members were essentially rural
C) progressives held no issues in common with populist movement D) All of the above
 
Answer & Explanation Answer: A) Women left traditional roles to become active in reform during the Progressive Movement.

Explanation:

The Progressive Era took place in the US from the 1890s to the1920s. The movement was an effort to reform the government andeliminate the corruption within it. Social activists also wanted toreform the educational system, the insurance industry, thechurches, and many other things they felt were out of control, andnot working in the best interests of the citizens.

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Q:

Shays rebellion was significant because it

A) led for new constitution of US B) Many farmers got their lands back
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) led for new constitution of US

Explanation:

In the year 1786, in US Shay's rebellion was a rebellion among the farmers of Massachusetts and significant because as it is one of the major factor which led to the writing of new US constitution.

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Q:

The Middle Ages in Western Europe was characterized by

A) absolute monarchies and strong central governments B) extensive trade with Asia and the Middle East
C) the manor system and the importance of land ownership D) decreased emphasis on religion in daily life
 
Answer & Explanation Answer: C) the manor system and the importance of land ownership

Explanation:
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Q:

On what are the principles of joint operations formed?

A) Traditional principles of war B) The Department of Defense
C) Joint doctrine D) Joint fundamentals
 
Answer & Explanation Answer: A) Traditional principles of war

Explanation:

The principles of joint operations are formed around the traditional principles of war.

Three additional principles :―

Restraint,

Perseverance, and

Legitimacy

are relevant to how the Armed Forces of the United States use combat power across the range of military operations.

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Q:

An increase in the price level will cause a _ the aggregate demand curve.

A) shift up B) shift left
C) shift right D) None of the above
 
Answer & Explanation Answer: A) shift up

Explanation:

An increase in the price level will cause a movement up the aggregate demand curve.

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Q:

Who was primarily responsible for the cold war?

A) U.S B) Soviet Union
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) Soviet Union

Explanation:
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