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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
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Q:

Which of the following pairs is NOT correctly matched?

A) Silent volcano : Damavand B) Active volcano : Stromboli
C) Dormant Volcano - Krakatau D) Extinct volcano - Etna
 
Answer & Explanation Answer: D) Extinct volcano - Etna

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Filed Under: General Science
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Q:

Who advocated the introduction of western education and English language in India?

A) Bal Gangadhar Tilak B) Raja Ram Mohan Roy
C) Dadbhai Naoroji D) Gopal Krishna Gokhale
 
Answer & Explanation Answer: B) Raja Ram Mohan Roy

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Filed Under: Indian History
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Q:

Martin Crowe was a cricketer of which country?

A) Australia B) New Zealand
C) England D) South Africa
 
Answer & Explanation Answer: B) New Zealand

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Filed Under: Sports
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Q:

______ won the 2016 Formula One Rolex Australian Grand Prix.

A) Michael Phelps B) Lewis Hamilton
C) Novak Djokovic D) Nico Rosberg
 
Answer & Explanation Answer: D) Nico Rosberg

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Filed Under: Sports
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Q:

Who discovered Sodium?

A) Humphry Davy B) William Henry Fox
C) J.J.Thomson D) Karl Benz
 
Answer & Explanation Answer: A) Humphry Davy

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Filed Under: Inventions
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Q:

Which of the following states has the maximum area of Mangrove forest?

A) Rajasthan B) Uttar Pradesh
C) Sikkim D) West Bengal
 
Answer & Explanation Answer: D) West Bengal

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Filed Under: Indian Geography
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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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