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
Exam Prep: Bank Exams

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


The _____ of energy in India are met from both commercial and non commercial sources. The most _____ sources of energy today are coal and natural gas, hydro
electricity and nuclear power. On the other hand, firewood, cow-dung cakes and vegetable waste etc. _____ non commercial forms of energy. While non commercial
forms of energy _____ demand, coal is the _____ source of commercial energy in India.


While non commercial forms of energy _____ demand,

A) need B) meet
C) shed D) rests
 
Answer & Explanation Answer: B) meet

Explanation:
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Filed Under: English
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Q:

Bhopal is the Capital City of ___________.

A) Himachal Pradesh B) Goa
C) Gujarat D) Madhya Pradesh
 
Answer & Explanation Answer: D) Madhya Pradesh

Explanation:
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Filed Under: Indian Geography
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Q:

How much per cent of th e Indian population h ave access tointernet in India in 2015?

A) 20 percent B) 23 percent
C) 29 percent D) 26 percent
 
Answer & Explanation Answer: D) 26 percent

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

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Q:

Which of the following will cause an increase in the demand for coffee?

A) Price of coffee falling in foreign markets B) Coffee prices are expected to fall rapidly in domestic markets
C) Average income falls in the country D) Increase in price of tea
 
Answer & Explanation Answer: D) Increase in price of tea

Explanation:
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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
Exam Prep: Bank Exams

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Q:

The average of 17 results is 60. If the average of first 9 results is 57 and that of the last 9 results is 65, then what will be the value of 9th result?

A) 39 B) 78
C) 117 D) 156
 
Answer & Explanation Answer: B) 78

Explanation:
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Q:

A solid sphere of diameter 17.5 cm is cut into two equal halves. What will be the increase (in cm2) in the total surface area?

A) 289 B) 361.5
C) 481.25 D) 962.5
 
Answer & Explanation Answer: C) 481.25

Explanation:
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