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:

The goods which people consume more, when their price rises are called _______.

A) Essential goods	B) Capital goods
C) Veblen goods	D) Giffen goods

Answer & Explanation Answer: D) Giffen goods

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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.

The movie was an ______ watch.

A) Interesting	B) Intuitive
C) Interactive	D) Incentive

Answer & Explanation Answer: A) Interesting

Explanation:

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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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'.

The stock was(A)/divided among(B)/the two brothers.(C)No error(D)

A) A	B) B
C) C	D) D

Answer & Explanation Answer: B) B

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Ozone hole is caused by chemicals like _____.

A) Nitrogen Oxide	B) Hydrogen Sulphide
C) Chloro Fluoro Carbon	D) Carbon Monoxide

Answer & Explanation Answer: C) Chloro Fluoro Carbon

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

_______ is the study of the physical form and external structure of plants.

A) Physiology	B) Anatomy
C) Phytomorphology	D) Cytology

Answer & Explanation Answer: C) Phytomorphology

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In Indian Parliamentary System, Gram Panchayat is elected for how many years?

A) Two years	B) Three years
C) Four years	D) Five years

Answer & Explanation Answer: D) Five years

Explanation:

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Filed Under: Indian Politics

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Q:

Acceleration is

A) Inversely proportional to force	B) Inversely proportional to mass
C) Directly proportional to mass	D) Directly proportional to force

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