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Market imperfections are reflected in price rigidity (where prices do not adjust to clear the market), factor immobility (where factors of production cannot move freely), and lack of specialization (which prevents economies of scale). All these factors hinder efficient market functioning.
Eight cartons contain eight different items (Pens, Rubber band, Tiffin box, Purse, Wallet, Watches, Shoes and Shirts). Each of them is kept one above an...
Who among A, B, C, D and E is exactly in the middle when they are arranged in ascending order of their heights?
I. D is taller than B but shorter...
How is P related to G?
I. P is the mother of the only brother in law of G’s sister in law.
II. M is the daughter of G’s sister...
Six persons (T, U, V, W, X, and Y) have different weights. Y is heavier than only two persons. Who is the heaviest person?
Statement I: T is h...
A question is given, followed by two statements numbered (I) and (II). You have to decide whether the data provided in the statements is sufficient to ...
How is ‘oral’ written in a code language?
I. ‘ oral and written’ is written as ‘ ho jo ko’ in that code language.
II. ‘...
In a certain code language, "made my work good" is written as "ta la sa pa". How is "good" written in the code language?
I. "his work is good" is...
There are 7 friends P, Q, R, S, T, U and V of different ages. Is T the second youngest person?
I. S is older than U. R is older than 2 p...
Eight persons G, H, I, J, K, L, M and N are sitting around the circular table facing towards the centre. Who sits to the immediate left of I?
...
How am I related to L?
I. L’s son is my son’s father.
II. L is the son of my grandfather who had two children including one daughter.
