Questions

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

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Q:

The first Field Marshall of India was

A) A. S. Vaidya B) K.M. Cariappa
C) Sunderji D) S.H.F.J. Manekshaw
 
Answer & Explanation Answer: D) S.H.F.J. Manekshaw

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Q:

As of February 2018, who is the Indian-born CEO of the Nokia company?

A) Sundar Pichai B) Ajaypal Singh Banga
C) Rajeev Suri D) Satya Nadella
 
Answer & Explanation Answer: C) Rajeev Suri

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Q:

What is the capital of Canada?

A) Wellington B) Canberra
C) Oslo D) Ottawa
 
Answer & Explanation Answer: D) Ottawa

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Q:

Which South Korean author in May 2016 won the 2016 Man Booker International Prize for her novel 'The Vegetarian'?

A) Han Kang B) Yiyun Li
C) Tami Hoag D) Taya Zinkin
 
Answer & Explanation Answer: A) Han Kang

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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) Jawaharlal Nehru B) Manmohan Singh
C) Lal Bahadur Shastri D) Rajendra Prasad
 
Answer & Explanation Answer: D) Rajendra Prasad

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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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Q:

"The General Equilibrium Analysis" was developed by

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

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