Questions

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

This is the time that you need to _________ all your strength.

 

A) muster B) build
C) capture D) show
 
Answer & Explanation Answer: A) muster

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Q:

Myopia is a defect of eyes which is also known as

A) Far Sightedness B) Near Sightedness
C) Astigmatism D) Night Blindness
 
Answer & Explanation Answer: B) Near Sightedness

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Q:

Which is NOT an example of organism that breaks down the food material outside the body and then absorb it?

A) Bread moulds B) Yeast
C) Mushrooms D) Snake
 
Answer & Explanation Answer: D) Snake

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Q:

Which of the following states has the maximum area of Mangrove forest?

A) Rajasthan B) Uttar Pradesh
C) Sikkim D) West Bengal
 
Answer & Explanation Answer: D) West Bengal

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Q:

What is the capital of Ireland?

A) Brussels B) Helsinki
C) Ottawa D) Dublin
 
Answer & Explanation Answer: D) Dublin

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Q:

Manas National Park is in which state?

A) Orissa B) Maharashtra
C) Assam D) Sikkim
 
Answer & Explanation Answer: C) Assam

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Q:

In terms of economics, if it is possible to make someone better­off without making someone worse­off, then the situation is

A) Inefficient B) Efficient
C) Optimal D) Pareto­superior
 
Answer & Explanation Answer: D) Pareto­superior

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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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