Questions

Q:

Lutheranism is an example of a christian

A) branch. B) sect.
C) denomination. D) religion.
 
Answer & Explanation Answer: C) denomination.

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
Don’t loiter _____ the corridor.

A) around B) off
C) of D) at
 
Answer & Explanation Answer: A) around

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Q:

According to the law of diminishing marginal utility, as the amount of a good consumed increases, the marginal utility of that good tends to 

A) improve B) diminish
C) remain constant D) first diminish and then improve
 
Answer & Explanation Answer: B) diminish

Explanation:

Economists use the concept of marginal utility to measure happiness and pleasure and how that affects consumer decision making. They have also identified the law of diminishing marginal utility, which means that the first unit of consumption of a good or service has more utility than the next units of consumption.Hence, the marginal utility of the good diminishes as the amount of good consumed increases.

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Q:

"The General Equilibrium Analysis" was developed by

A) Marshall B) Ricardo
C) Walras D) Adam Smith
 
Answer & Explanation Answer: C) Walras

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

Which of the following is NOT a radioactive element?

A) Uranium B) Plutonium
C) Titanium D) Thorium
 
Answer & Explanation Answer: C) Titanium

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Q:

With which country India did its seventh edition of bilateral EKUVERIN Exercise 2016 at Kadhdhoo?

A) Nepal B) Pakistan
C) Maldives D) Bhutan
 
Answer & Explanation Answer: C) Maldives

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Q:

Who discovered Penicillin?

A) Edward Jenner B) Niels Bohr
C) Sir Alexander Fleming D) Heinrich Hertz
 
Answer & Explanation Answer: C) Sir Alexander Fleming

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