Questions

Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

Explanation:
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Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive D) When total utility is maximum,marginal and average utility are equal to each other.
 
Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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Q:

Which of the following is called Aurum?

A) Bronze B) Gold
C) Silver D) Copper
 
Answer & Explanation Answer: B) Gold

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Filed Under: Chemistry
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Q:

One of the largest salt deserts in the world, the 'Ram of Kutch' is primarily located in which state of India?

 

A) Madhya Pradesh B) Gujarat
C) Telangana D) Assam
 
Answer & Explanation Answer: B) Gujarat

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Filed Under: Indian Geography
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Q:

The oldest oil field in Asia is located in

A) Gujarat B) Assam
C) Arunachal Pradesh D) Nagaland
 
Answer & Explanation Answer: B) Assam

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Q:

All this does not bode _______________ for even the loosest definitions of cosmopolitanism. A city by definition is a space, as ________________ historians and sociologists have already told us, which ideally privileges and _________________ the unexpected encounter, and calls on its citizens to be able to respond humanely even to those _______________ are not linked to us in familial, ethnic, nationalist or caste ___________________.

 

ethnic, nationalist or caste ___________________.

 

A) partnerships B) alliances
C) clans D) affiliations
 
Answer & Explanation Answer: D) affiliations

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Filed Under: English
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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'.

 

His hard (1)/ punch lay (2)/ him on the road . (3)/ No error (4).

 

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

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