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 Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.

The reason that the Interstate Commerce Act required that rates be published was to avoid secret rebates and similar deals. Until then, big shippers would demand rebates from railroads, which would in effect reduce their shipping costs without letting competitors know. This is anti-competitive.

Hence, the Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.

A person who balances all the three healths such as Physical, mental and Social healths has the best overall health.

Quality assurance (QA) is a way of preventing mistakes and defects in manufactured products and avoiding problems when delivering solutions or services to customers.

The interviewer is attempting to assess how closely your ideal fits with the reality of their organisation. A positive work environment makes employees feel good about coming to work, and this provides the motivation to sustain them throughout the day. When you can find the ideal working environment that best suits your work ethics and personality, you will become more productive and lead a fulfilling life.

- Before answering, take into account how their company is structured in terms of work days, formality, small start-up verses large corporation, etc.
- Focus on wanting an environment that allows for the use and growth of your established skills and qualities.
- Highlight your desire to work in a team-oriented workplace.
- Talk about your work-style and that it blends in well with the company’s vision.

Presidential elections are held every four years, in years divisible by four, in which electors for President are chosen by the method in the country.