Questions

Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive D) When total utility is maximum,marginal and average utility are equal to each other.
 
Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

Explanation:
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Q:

One of the largest salt deserts in the world, the 'Ram of Kutch' is primarily located in which state of India?

 

A) Madhya Pradesh B) Gujarat
C) Telangana D) Assam
 
Answer & Explanation Answer: B) Gujarat

Explanation:
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Filed Under: Indian Geography
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Q:

The McMahon Line, which sets the boundary between India and China, is drawn to the northern boundary of which of the following states?

A) Jammu and Kashmir B) Uttar Pradesh
C) Himachal Pradesh D) Arunachal Pradesh
 
Answer & Explanation Answer: D) Arunachal Pradesh

Explanation:
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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to "No improvement".

His argument against his opponent duly brought jeers from the crowd.

A) invective B) praise
C) controversy D) No improvement
 
Answer & Explanation Answer: A) invective

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.

Private companies do not produce new varieties and inputs ______ as a result of their own research.

A) sincerely B) purportedly
C) entirely D) abjectly
 
Answer & Explanation Answer: C) entirely

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

The right to vote in political elections

 

A) Suffrage B) Fetter
C) Tether D) Coerce
 
Answer & Explanation Answer: A) Suffrage

Explanation:
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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Predicament

 

A) Trouble B) Hardship  
C) Condition   D) Solution
 
Answer & Explanation Answer: D) Solution

Explanation:
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