Questions

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:

Goods whose demand is proportional to price are called

A) inferior goods B) Veblen goods
C) normal goods D) exclusive goods
 
Answer & Explanation Answer: B) Veblen goods

Explanation:
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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’.

The aroma of the invigorate morning cup of tea comes (1)/ wafting up the stairway and soon I am (2)/ sipping it slowly and reverentially without rushing. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Indirect/Direct speech.
Vaibhav said to me, "Has your father returned from work?"

A) Vaibhav asked me whether my father has returned from work. B) Vaibhav asked me whether my father had returned from work.
C) Vaibhav asked me whether my father has had returned from work. D) Vaibhav asked me whether my father had been returning from work.
 
Answer & Explanation Answer: B) Vaibhav asked me whether my father had returned from work.

Explanation:
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Q:

Which of the following is not correct?

A) Members of Chlorophyceae are commonly called green algae B) Members of Phaeophyceae are commonly called red algae
C) Members of Rhodophyceae are commonly called red algae D) Members of Phaeophyceae are commonly called brown algae
 
Answer & Explanation Answer: B) Members of Phaeophyceae are commonly called red algae

Explanation:
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Q:

The body of all complex animals consist of only _______ basic types of tissue(s).

A) 4000 B) 400
C) 40 D) 4
 
Answer & Explanation Answer: D) 4

Explanation:
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Q:

The summer capital of J&K Government is

A) Jammu B) Srinagar
C) Gulmarg D) Anantnag
 
Answer & Explanation Answer: B) Srinagar

Explanation:
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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.


He _____ to the problem of air pollution in his speech.

A) averted B) adverted
C) exclaimed D) mentioned
 
Answer & Explanation Answer: B) adverted

Explanation:
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