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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Q:

Goods whose demand is proportional to price are called

A) inferior goods B) Veblen goods
C) normal goods D) exclusive goods
 
Answer & Explanation Answer: B) Veblen goods

Explanation:
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Q:

What was the major decision that took place in 1987 Montreal Conference?

A) Developed countries will completely ban CFC production by 2000 B) Developed countries will completely ban CFC production by 2010
C) Developing countries will completely ban CFC production by 2000 D) Developing countries will completely ban CFC production by 2020
 
Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

Explanation:
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Q:

The richest source of Vitamin D from food is

A) Cotton seed oil B) Olive oil
C) Cod liver oil D) Sunflower oil
 
Answer & Explanation Answer: C) Cod liver oil

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

The aroma of the invigorate morning cup of tea comes (1)/ wafting up the stairway and soon I am (2)/ sipping it slowly and reverentially without rushing. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

Explanation:
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Indirect/Direct speech.
Vaibhav said to me, "Has your father returned from work?"

A) Vaibhav asked me whether my father has returned from work. B) Vaibhav asked me whether my father had returned from work.
C) Vaibhav asked me whether my father has had returned from work. D) Vaibhav asked me whether my father had been returning from work.
 
Answer & Explanation Answer: B) Vaibhav asked me whether my father had returned from work.

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

I said to my sister, "where were you this evening?"

 

A) I asked my sister where she was that evening. B) I asked my sister where she had been that evening.
C) I asked my sister where she was this evening. D) I asked my sister where she has been that evening.
 
Answer & Explanation Answer: B) I asked my sister where she had been that evening.

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

We, all of us, (are compromise) the moment we’re living in.

 

A) compromise B) compromising
C) is compromised D) no improvement
 
Answer & Explanation Answer: A) compromise

Explanation:
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