Bank PO Questions

The raise in the price of a product may be due to increase in cost of production, increase in the demand of the product and increase in the margin.

When the price of a product increases its demand may fall as per the Law of Demand and an increase in the competition.

The demand curve facing a perfectly competitive firm is a horizontal straight line equal to the equilibrium price of the entire market because a perfectly competitive firm can sell all units brought to market at the same price.

Making Optimal decisions at the margin requires "Weighing the costs and benefits of a decision before deciding if it should be pursued".

The lawyer commanded them to call the witness

Howard Gardner defines intelligence as an ability to solve problems or to fashion products that are valued in one or more cultural setting. He suggested that all people have different kinds of intelligences. Gardner proposed that there are eight intelligences.

They are ::

1. Visual-Spatial Intelligence


2. Linguistic-Verbal Intelligence


3. Logical-Mathematical Intelligence


4. Bodily-Kinesthetic Intelligence


5. Musical Intelligence


6. Interpersonal Intelligence


7. Intrapersonal Intelligence


8. Naturalistic Intelligence.

1st Schedule of the constitution of India has to be amended to provide for the formation of a new State. Articles 2, 3 and 4 enable parliament by law admit a new state, increase, decrease the area of any state.