Questions

Q:

Algae belongs to which of the following levels of the ecosystem?

A) Decomposers B) Destructors
C) Producers D) Consumers
 
Answer & Explanation Answer: C) Producers

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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:

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:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

India’s motto has been Vasudeva Kutumbakam or that the whole world is _____ community. There are a _____ of pillars upon which India’s policy of living in peace with and _____ peace among nations of the world rests. Policies of non-alignment, peaceful co-existence, economic and cultural cooperation disarmament and peaceful _____ of nuclear energy, _____ of International disputes through negotiations and peaceful means are some of the salient features that give credence to India’s commitment to world peace.

of living in peace with and _____ peace among nations of the world rests.

A) disturbing B) allowing
C) generating D) promoting
 
Answer & Explanation Answer: D) promoting

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

I think so (A)/ you have taken (B) / the right decision. (C) / No Error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

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