Bank PO 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..

From I and II,
Length = 3x = 48 m
∴ x = 16
Breath = 2x = 32 m
Hence, Area of floor = 48 × 32
Cost of flooring = 48 × 32 × 850 = ₹ 1305600
From I and III, 2(l +b) = 160
2(3x + 2x) = 160
10x = 160
∴ x = 16
∴ Length = 3 × 16 = 48 m
Breadth = 2x = 32m
Cost of flooring = (48 × 32) × 850 = ₹ 1305600
Similarly, from II and III, we can find
l = 48 m
b = 32 m
and Total cost of flooring = ₹ 1305600

Microeconomics deals with the 

* Allocation of resources of the economy as between production of different goods and services.

* Determination of prices of goods and services.

* Behavior of industrial decision makers.

Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.

Nuclear Posture Review (NPR) is the USA's primary statement of nuclear policy. It states the roe of nuclear weapons in U.S. security strategy.

In the given machings, Victoria falls is not in Australia. It is in South Africa between Zambia and Zimbabwe on the zambezi river.

Net working capital is defined as the aggregate of the current liabilities and current assets i.e, it measures the company's ability to pay off its current liabilities with in the current assets.