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

0 780

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

0 780

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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Filed Under: English
Exam Prep: Bank Exams

0 780

Q:

Which of the following President was awarded the Nobel Peace Prize 2016?

A) Raffel Korea	B) Juan Manuel Santos
C) Donald Trump	D) Alexander Lukashenko

Answer & Explanation Answer: B) Juan Manuel Santos

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 780

Q:

The value of $\sqrt{- \sqrt{3 +} \sqrt{3 + 8 \sqrt{7 + 4 \sqrt{3}}}}$ is

A) 2	B) 4
C) ±2	D) -2

Answer & Explanation Answer: A) 2

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

0 780

Q:

Who is the author of the book titled 'Citizen and Society'?

A) Pranab Mukherjee	B) Hamid Ansari
C) Nandan Nilekani	D) Satyajit Ray

Answer & Explanation Answer: B) Hamid Ansari

Explanation:

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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT

1 780

Q:

If a mirror is placed on the line MN, then which of the answer figures is the right image of the given figure?

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: Non Verbal Reasoning
Exam Prep: Bank Exams

1 780

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

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