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- Question
Which of the following is an example of market failure?
Options- A. Prices do not reflect the full social cost of production
- B. A firm goes out of business because it cannot find a market for its products
- C. Prices rise so that the consumers cannot afford the products they want to buy
- D. Producer surplus is maximized
- Correct Answer
- Prices do not reflect the full social cost of production
ExplanationPrices do not reflect the full social cost of production is an example of Market failure.
A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.
It also occurs if externalities are not accounted for.
If a firm fails to maximize its profits this is not a general market failure.
- 1. The threshold limit upto which coins can be issued as per the Coinage Act 2011 ?
Options- A. 100
- B. 200
- C. 500
- D. 1000 Discuss
- 2. Cash Reserve Ratio ( CRR) and Stautory Liquidity Ratio (SLR ) are terms most closely related to which of the following industries/markets :
Options- A. Mutual Fund
- B. Income Tax
- C. Stock Exchange
- D. Banking Discuss
- 3. What is the minimum period of time for which one can open an FD(Fixed Deposit) account ?
Options- A. 15 days
- B. 6 months
- C. 7 days
- D. 1 year Discuss
- 4. Which Bank has been given scheduled bank status by RBI ?
Options- A. Disha
- B. Suryoday
- C. Janalakshmi
- D. Ujjivan Discuss
- 5. Which class is used to indicate Black Navigation Bar ?
Options- A. .navbar-inverse
- B. .navbar-black
- C. .navbar-dark
- D. .navbar-default Discuss
- 6. The journal entry to record a credit sale is
Options- A. Accounts Receivable
- B. Accounts Payable
- C. Both A & B
- D. None of the above Discuss
- 7. What is CRR rate? Discuss
- 8. Which among the following are not access Specifiers in C++?
Options- A. Public
- B. Protected
- C. Default
- D. Private Discuss
- 9. In which year, the first bank of India "Bank of Hindustan" was established ?
Options- A. 1677
- B. 1770
- C. 1796
- D. 1831 Discuss
- 10. What could be the bucket size if collision and overlapping occur at same time?
Options- A. 2
- B. 0
- C. 1
- D. 4 Discuss
More questions
Correct Answer: 1000
Correct Answer: Banking
Correct Answer: 7 days
Correct Answer: Ujjivan
Explanation:
Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given scheduled bank status by RBI.
Correct Answer: .navbar-inverse
Explanation:
.navbar-inverse is used to display in black color.
Correct Answer: Accounts Receivable
Explanation:
The journal entry to record a credit sale is Accounts Receivable. Credit sale is nothing butthe customers pay at the time of buying.
Correct Answer: CRR or Cash Reverse Ratio is the amount of money that a commercial bank has to keep with the Reserve Bank of India If the bank increase CRR then the amount with RBI comes down and vice-versa
Correct Answer: Default
Explanation:
Default is the access specifier in java not in C++
Correct Answer: 1770
Explanation:
Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829-32.
Correct Answer: 1
Explanation:
One. If there is only one entry possible in the bucket, when the collision occurs, there is no way to accommodate the colliding value. This results in the overlapping of values
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