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:

‘Garibi Hatao’ (removal of poverty) and ‘Growth with Justice’ were the main objectives of ___________.

A) Plan Holiday	B) Fourth Five Year Plan
C) Rolling Plan	D) Fifth Five Year Plan

Answer & Explanation Answer: B) Fourth Five Year Plan

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The absolute refractive index of air is

A) 1.03	B) 1.00003
C) 1.003	D) 1.0003

Answer & Explanation Answer: D) 1.0003

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

What is the name of the technology developed by Australian Scientists to transform soybean oil into graphene?

A) Grape	B) GraphOne
C) GraphSoy	D) GraphAir

Answer & Explanation Answer: D) GraphAir

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following is man-made fibre?

A) Cotton	B) Wool
C) Silk	D) Nylon

Answer & Explanation Answer: D) Nylon

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

SKOCH Group has conferred the ‘Best performing Social Sector Ministry’ award to which of the following ministries?

A) Ministry of Women and Child Development	B) Ministry of Health and Family Welfare
C) Ministry of Environment, Forest and Climate Change	D) Ministry of Social Justice and Empowerment

Answer & Explanation Answer: A) Ministry of Women and Child Development

Explanation:

The SKOCH has conferred the ‘Best performing Social Sector Ministry’ award to “Ministry of Women and Child Development” as it has delivered the promises made and for its significant achievements and initiatives from the last 4 years. Smt. Maneka Sanjay Gandhi has received the award on behalf of the Ministry.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

______________ scheme launched by the Central Government plans to issue soil cards to farmers which will carry crop-wise recommendations of nutrients and fertilisers.

A) Soil Health Card	B) Shyama Prasad Mukherji Rurban Mission
C) Pradhan Mantri Fasal Bima Yojana	D) National R-URBAN Mission

Answer & Explanation Answer: A) Soil Health Card

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following is a characteristic of an exothermic reaction?

A) Release of heat	B) Absorption of heat
C) Doesn't involve any change in temperature	D) None of the option is correct

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