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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

IMF has predicted that the global economy would grow at _______ % in 2017.

A) 5.5	B) 4.5
C) 3.5	D) 2.5

Answer & Explanation Answer: C) 3.5

Explanation:

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Q:

Which among the following does not count in the development expenditure of government?

A) Expenditure on economic services	B) Expenditure on social services
C) Grant to states	D) Defence expenditure

Answer & Explanation Answer: D) Defence expenditure

Explanation:

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Filed Under: Indian Economy
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Q:

Lorenz curve shows

A) Inflation	B) Unemployment
C) Income distribution	D) Poverty

Answer & Explanation Answer: C) Income distribution

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for racing cycles is D = 80200 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units	B) 31220 units
C) 8750 units	D) 41720 units

Answer & Explanation Answer: D) 41720 units

Explanation:

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Q:

Read each sentence to find out whether there is any grammatical error or idiomatic error in it.The error, if any, will be in one part of the sentence. The letter of that part is the answer. If there is no error, mark the answer as No error. (Ignore errors of the punctuation if any).Do you wanted/ to discuss this/ project today or can / we do it tomorrow?

A) Do you wanted	B) to discuss this
C) project today or can	D) we do it tomorrow

Answer & Explanation Answer: A) Do you wanted

Explanation:

Look at the structure of the sentence in interrogative in present simple.

Do/Does + subject + Verb

Hence, do you want should be used.

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Filed Under: English
Exam Prep: Bank Exams

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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’.

When the business is ran smoothly (1)/ directors are more than happy to pick an experienced insider, (2)/ who will continue along the present path. (3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

___ has naked seeds.

A) Pinus	B) Lemon
C) Carrot	D) Wheat

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