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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In terms of economics, if it is possible to make someone better­off without making someone worse­off, then the situation is

A) Inefficient B) Efficient
C) Optimal D) Pareto­superior
 
Answer & Explanation Answer: D) Pareto­superior

Explanation:
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Filed Under: Indian Economy
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Q:

The chemical formula of Propane is

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

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Where did Lord Buddha deliver his first sermon?

A) Lumbini B) Bodh Gaya
C) Sarnath D) Kushinagar
 
Answer & Explanation Answer: C) Sarnath

Explanation:
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Filed Under: Indian Geography
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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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Filed Under: English
Exam Prep: Bank Exams

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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.


The _____ of energy in India are met from both commercial and non commercial sources. The most _____ sources of energy today are coal and natural gas, hydro
electricity and nuclear power. On the other hand, firewood, cow-dung cakes and vegetable waste etc. _____ non commercial forms of energy. While non commercial
forms of energy _____ demand, coal is the _____ source of commercial energy in India.


While non commercial forms of energy _____ demand,

A) need B) meet
C) shed D) rests
 
Answer & Explanation Answer: B) meet

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In this section, each of the following sentences has a blank space and four words are given below it. select the word or group of words you consider most appropriate for the blank space and indicate your response on the Answer Sheet accordingly.

 

He _________ the role of the organization in creating environmental awareness among the people.

A) collaborated B) commanded
C) contrasted D) commended
 
Answer & Explanation Answer: D) commended

Explanation:

Commended, commended means appreciated. Collaborated, commanded and contrasted are out of context. Collaborated means to work jointly with others. Commanded mean to direct authoritatively. Contrasted means compared or appraised in respect to differences.

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Filed Under: English
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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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