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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

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Q:

Percentage of freshwater on earth surface

A) 3% B) 4%
C) 0.3% D) 69%
 
Answer & Explanation Answer: B) 4%

Explanation:

About 71% of the earth's surface is covered with water. In that 71% only 4% of water is a fresh water.

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

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Q:

The volume of a spherical balloon is increased by 700%. What is the percentage increase in its surface area?

A) 300% B) 400%
C) 450% D) 500%
 
Answer & Explanation Answer: A) 300%

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

In the following question, select the related number pair from the given alternatives.
534 : 2 : : ? : ?

A) 102 : 9 B) 553 : 6
C) 884 : 2 D) 999 : 2
 
Answer & Explanation Answer: D) 999 : 2

Explanation:
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Filed Under: Analogy
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Desecrate

A) Sanctify B) Profane
C) Befoul D) Defile
 
Answer & Explanation Answer: A) Sanctify

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the word with the correct spelling.

A) terains B) priestly
C) fereted D) ablasion
 
Answer & Explanation Answer: B) priestly

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

The coach said, "Bravo! Puneet, you have done well."

A) The coach applauded Puneet saying that he had done well. B) The coach said to Puneet Bravo, he had done well.
C) The coach congratulated Puneet, saying he did well. D) The coach said to Puneet, that he did well.
 
Answer & Explanation Answer: A) The coach applauded Puneet saying that he had done well.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Magnesium (Mg) + Oxygen (O2) = ?

A) Mg2O B) MgO4
C) O2Mg D) MgO
 
Answer & Explanation Answer: D) MgO

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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