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
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Q:

"The General Equilibrium Analysis" was developed by

A) Marshall B) Ricardo
C) Walras D) Adam Smith
 
Answer & Explanation Answer: C) Walras

Explanation:
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Filed Under: Indian Economy
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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Abeyance

A) Commencement B) Perjure
C) Condone D) Suspension
 
Answer & Explanation Answer: D) Suspension

Explanation:
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Q:

Which of the following Country doesn't have a written Constitution?

A) United Kingdom B) Australia
C) United States of America D) Bangladesh
 
Answer & Explanation Answer: A) United Kingdom

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If the acceleration due to gravity on the surface of earth is g, then the acceleration due to gravity on the surface of a planet whose mass is same as that of earth and radius is twice as that of earth is _________________.

A) g/4 B) g/2
C) 4g D) 2g
 
Answer & Explanation Answer: A) g/4

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams , CAT

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Q:

How many members can be nominated by the President of India in the Rajya Sabha?

A) 4 B) 8
C) 12 D) 16
 
Answer & Explanation Answer: C) 12

Explanation:
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Filed Under: Indian Politics
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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

All my hope (A) / were duped (B) / and I was plunged in deep sorrow. (C) / No Error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the “No error” option.

The angry bird flap (A) / her wings, flies a short (B) / distance and returns. (C) / No error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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