Bank PO 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
Exam Prep: AIEEE , Bank Exams , CAT
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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
Exam Prep: AIEEE , Bank Exams
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Q:

Engineer's Day is celebrated on the birth anniversary of 

A) Srinivasa Ramanujan B) Aryabhatta
C) M. Visvesvaraya D) C.V Raman
 
Answer & Explanation Answer: C) M. Visvesvaraya

Explanation:

Engineer's Day is celebrated on the birth anniversary of Sir Mokshagundam Visvesvaraya in the memory of his contributions in engineering. Every year on his birthday i.e, on September 15 National Engineers Day is celebrated all over the country.

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Filed Under: Important Days and Years
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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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Filed Under: Business Awareness
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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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Filed Under: General Awareness
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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Q:

Infiltration is the process by which rainwater becomes

A) river water B) ground water
C) salt water D) ocean water
 
Answer & Explanation Answer: B) ground water

Explanation:

The process of absorbtion of rain water by the soil on the earth is called infiltration. By this process, the rain water that falls on the soil becomes ground water.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT
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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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Filed Under: Business Awareness
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Q:

Which team wins AFC Asian Cup 2019 (Football)?

A) Japan B) Argentina
C) Qatar D) China
 
Answer & Explanation Answer: C) Qatar

Explanation:

Qatar team won their first-ever Asian Cup title in Football by defeating Japan.

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Filed Under: General Awareness
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