Q:

Which of the following states has NOT met the boundary with Mizoram?

A) Nagaland	B) Myanmar
C) Assam	D) Tripura

Answer & Explanation Answer: A) Nagaland

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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Q:

National Film Awards has been administered since _____.

A) 1973	B) 1980
C) 1987	D) 1994

Answer & Explanation Answer: A) 1973

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In the given Pie-chart, the comparative study of the production of Rice, Wheat, Sugar and Tea of a country is given. Study the Pie-Chart and answer the following questions.

From this diagram, the ratio of sum of wheat and sugar production to difference in production of rice and tea is

A) 4:5	B) 5:4
C) 6:1	D) 1:6

Answer & Explanation Answer: A) 4:5

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

Which of the following state was not included in the empire of Akbar?

A) Kabul	B) Awadh
C) Lahore	D) Bijapur

Answer & Explanation Answer: D) Bijapur

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

______ won the 2016 Formula One Rolex Australian Grand Prix.

A) Michael Phelps	B) Lewis Hamilton
C) Novak Djokovic	D) Nico Rosberg

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