Bank PO Questions

Market failure arises because it is not possible for the market to correctly weight cost and benefits in a situation in which some of the cost is completely unaccounted.

Demand-side market failures happen when demand curves do not reflect consumer’s full willingness to pay for goods or services.

Supply-side market failures occur when supply curves do not reflect the full cost of producing a good or services.

A person who enjoys in feeling or being pain is called Masochist. The person who enjoys inflicting pain on others is called as Sadist.

5th generation of computers are still under development depending on the artificial intelligence.

The credit of inventing the television goes to Philo Farnsworth. Electronic television was first successfully demonstrated in San Francisco on Sept. 7, 1927.

Lacto-ovo vegetarians who eat milk products and eggs but would not eat Meat, poultry, fish.

Tuber is considered as a modified stem. These type of stems carry out special functions that are important for the plant to survive. Tubers serves as a food reserve and bearing buds wherein new plants can grow.

ZIP file is an archive file format that supports lossless data compression. Lossless is a fairly popular data compression method that is used in a number of different applications. Files can become corrupted when they are transferred over the internet in an uncompressed format. It enables devices to transmit or store the same amount of data in fewer bits.