Bank PO Questions


Q:

Demand side market failures occur when

A) supply curves do not reflect the full cost of producing a good or services B) demand curves do not reflect consumer’s full willingness to pay for goods or services
C) government imposes tax on a good or a service D) a good or service is not produced because no one demands it
 
Answer & Explanation Answer: B) demand curves do not reflect consumer’s full willingness to pay for goods or services

Explanation:

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.

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Filed Under: Marketing and Sales
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2033
Q:

The difference between Greenwich Mean Time & Indian Standard Time is

A) 6 1/2 Hours B) 6 Hours
C) 5 1/2 Hours D) 5 Hours
 
Answer & Explanation Answer: C) 5 1/2 Hours

Explanation:

The difference between Greenwich Mean Time & Indian Standard Time is 5 1/2 hours.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 2032
Q:

Which city has made Hindi as 3rd language in courts?

A) Abu Dhabi B) Quwait
C) Colombo D) Tehran
 
Answer & Explanation Answer: A) Abu Dhabi

Explanation:

Abu Dhabi (UAE) city has made Hindi as 3rd language in courts.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2032
Q:

From a container of milk, 5 litres of milk is replaced with 5 litres of water. This process is repeated again. Thus in two attempts the ratio of milk and water became 81 : 19. The initial amount of milk in the container was

A) 50 litres B) 45 litres
C) 25 litres D) 20 litres
 
Answer & Explanation Answer: A) 50 litres

Explanation:
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3 2030
Q:

If intermediate goods and services were included in GDP

A) the price level may change over time. B) the GDP would be overstated.
C) the price level rose by more than nominal GDP. D) All of the above
 
Answer & Explanation Answer: B) the GDP would be overstated.

Explanation:
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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 2030
Q:

A business owned by one person

A) Sole proprietorship B) Non profit
C) Limited liability D) None of the above
 
Answer & Explanation Answer: A) Sole proprietorship

Explanation:

A business owned by one person and operates for their benefits is called as Sole Proprietorship or sole trader.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 2028
Q:

Collisions occur at curves because

A) speed on the approach is too great B) speed leaving the curve is not enough
C) speed leaving the curve is too great D) speed on the approach is not enough
 
Answer & Explanation Answer: A) speed on the approach is too great

Explanation:

Collisions occur at curves because speed on the approach is too great.

Collisions_occur_at_curves_because1560944223.jpg image

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2028
Q:

Who has become the 1st-ever spinner to bowl the 1st over in a World Cup?

A) Moeen ALi B) Imran Tahir
C) Yuzvendra Chahal D) Rashid Khan
 
Answer & Explanation Answer: B) Imran Tahir

Explanation:

The South African leg-spinner has become the 1st-ever spinner to bowl the 1st over in a World Cup. It took place in the World Cup 2019 against England team at Oval in London where he bowled Bairstow for a DUCK.

the_1st-ever_spinner_to_bowl_the_1st_over_in_a_World_Cup1559630636.jpg image

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Filed Under: Sports
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 2028