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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

At large

A) A very big opportunity. B) A criminal escaped or not yet captured.
C) To have a big heart. D) A big appetite.
 
Answer & Explanation Answer: B) A criminal escaped or not yet captured.

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Filed Under: English
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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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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
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Q:

Which of the following President was awarded the Nobel Peace Prize 2016?

A) Raffel Korea B) Juan Manuel Santos  
C) Donald Trump D) Alexander Lukashenko
 
Answer & Explanation Answer: B) Juan Manuel Santos  

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Filed Under: Honours and Awards
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Q:

__________ is the 2016 Oscar Winner for Best Foreign Language Film.

A) Son of Saul B) Embrace of the Serpent
C) Mustang D) A War
 
Answer & Explanation Answer: A) Son of Saul

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Filed Under: Honours and Awards
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Q:

Who among the following is a recipient of first Life time Achievement award initiated by Badminton Association of India?

A) G.S.S.V.Prasad B) Nandu Patekar
C) P. Gopichand D) Prakash Padukone
 
Answer & Explanation Answer: D) Prakash Padukone

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Filed Under: Honours and Awards
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Q:

While selling a shirt, a shopkeeper gives a discount of 7%. If he gives discount of 9% he earns Rs. 15 less on profit. The market price of the shirt is :­

A) 712 B) 787
C) 750 D) 697
 
Answer & Explanation Answer: C) 750

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

Which of the following is the official emblem for the Beijing 2022 Paralympic Winter Games?

A) Flying high B) Winter Dreams
C) Fight D) Winter Flame
 
Answer & Explanation Answer: A) Flying high

Explanation:

The official emblem for the Beijing 2022 Paralympic Winter Games is ‘Flying High’ and for Beijing 2022 Olympic Games is ‘Winter Dreams’

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Filed Under: Sports

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