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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Filed Under: Indian Economy
Exam Prep: 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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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Dauntless

A) Brave B) Insane
C) Playful D) Ugly
 
Answer & Explanation Answer: A) Brave

Explanation:
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Filed Under: English
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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
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Q:

In terms of size, Venus ranks no. ___ in our Solar System.

A) 5 B) 6
C) 7 D) 8
 
Answer & Explanation Answer: B) 6

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The red planet is ___________.

A) Venus B) Saturn
C) Mars D) Neptune
 
Answer & Explanation Answer: C) Mars

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following pairs is NOT correctly matched?

A) Silent volcano : Damavand B) Active volcano : Stromboli
C) Dormant Volcano - Krakatau D) Extinct volcano - Etna
 
Answer & Explanation Answer: D) Extinct volcano - Etna

Explanation:
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Filed Under: General Science
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Q:

Japan is called the 'Land of the rising sun' because

A) Sun rises there as soon as it sets B) Sun always remains in the eastern part of the sky throughout the day in Japan
C) Japan being the Eastern most country in the world, it has  earliest sunrise D) The rays of the sun get reflected from the waters of the sea and make the sunrise beautiful in Japan
 
Answer & Explanation Answer: C) Japan being the Eastern most country in the world, it has  earliest sunrise

Explanation:
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Filed Under: General Awareness

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