Questions

Q:

‘Garibi Hatao’ (removal of poverty) and ‘Growth with Justice’ were the main objectives of ___________.

A) Plan Holiday B) Fourth Five Year Plan
C) Rolling Plan D) Fifth Five Year Plan
 
Answer & Explanation Answer: B) Fourth Five Year Plan

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which South Korean author in May 2016 won the 2016 Man Booker International Prize for her novel 'The Vegetarian'?

A) Han Kang B) Yiyun Li
C) Tami Hoag D) Taya Zinkin
 
Answer & Explanation Answer: A) Han Kang

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Filed Under: Books and Authors

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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) Jawaharlal Nehru B) Manmohan Singh
C) Lal Bahadur Shastri D) Rajendra Prasad
 
Answer & Explanation Answer: D) Rajendra Prasad

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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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Filed Under: Indian Economy
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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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Filed Under: Indian Economy
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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Q:

The chemical formula of Propane is

A) C3H8 B) C4H10
C) C2H6 D) CH4
 
Answer & Explanation Answer: A) C3H8

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Manas National Park is in which state?

A) Orissa B) Maharashtra
C) Assam D) Sikkim
 
Answer & Explanation Answer: C) Assam

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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