Bank PO Questions


Q:

An increase in the price level will cause a _ the aggregate demand curve.

A) shift up B) shift left
C) shift right D) None of the above
 
Answer & Explanation Answer: A) shift up

Explanation:

An increase in the price level will cause a movement up the aggregate demand curve.

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

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Q:

Who elected as new King of Malaysia?

A) Ibrahim Ismail B) Nazrin Shah
C) Sultan Abdullah D) Ahmad Shah
 
Answer & Explanation Answer: C) Sultan Abdullah

Explanation:

The new King of Malaysia is Sultan Abdullah.

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

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Q:

What do you do when things do not go as planned ?

Answer
This question will gauge your ability to adapt to certain situations. Interviewers ask this question because they want to know how well you can manage problems and changes at work. This is necessary because changes happen in the workplace and those who show adaptability and flexibility are the ones who are still able to perform well in spite of the change. The interviewer, therefore, will give plus points to candidates who are able to prove that they possess these qualities. They are looking for people who are able to respond quickly and positively to changes and unexpected demands.

 

 A lot of people might be tempted to simply say, "I have never had problems when things do not go as planned" or worse, "I have never experienced that before". The first answer is fine as long as you are able to provide a supporting answer to it and be able to really show that you are, in fact, someone who can easily adjust yourself when changes occur. On the other hand, saying you have never had any experience on the matter would only make the interviewer think of how naive you are, which is not really going to help you land in the job. 

 

It is recommended that you summarize your answer in one sentence and then expound further later on. Answers such as "When things do not go as planned, the first thing I do is to take a deep breath and tell myself it will be okay". An answer like this can immediately give the interviewer an idea that you are a levelheaded person who knows how to handle situations properly.
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Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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

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Q:

When did civil rights become part of the constitution?

A) 1964 B) 1965
C) 1966 D) 1967
 
Answer & Explanation Answer: A) 1964

Explanation:

According to the civil rights act 1964, the civil rights became part of the US constitution.

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

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Q:

In the expansion phase of a business cycle

A) economy moves from a trough to a peak. B) economy moves from a peak to a trough.
C) economy moves from a trough to a contraction. D) economy moves from a peak to a peak.
 
Answer & Explanation Answer: A) economy moves from a trough to a peak.

Explanation:

There are basically two important phases in a business cycle that are prosperity and depression. The other phases that are expansion, peak, trough and recovery are intermediary phases.

 

Expansion is a phase in which, when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak.

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

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Q:

The demand curve facing a perfectly competitive firm is

Answer

Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.

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Subject: Business Awareness Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which cultural influence came from the black power movement?

A) Change in Lifestyles B) Black Art Movement
C) Pride in Blackness D) Black is Beautiful
 
Answer & Explanation Answer: C) Pride in Blackness

Explanation:

Black Power Movement can be termed as a cultural revolution that changed African American’s view about blackness. This movement encouraged them to be proud of their history, culture, and identity and celebrate their uniqueness.

 

The cultural influence came from the black power movement is Pride in Blackness.

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

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