General Knowledge Questions

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.

Power Ministry constitutes a Committee to investigate into the causes of the NTPC, Unchahar Thermal Power Plant accident

The composition of the committee would be as follows:

       Name                                                                                                 Position

Shri P.D. Siwal, Member (Thermal), CEA                                                      Chairman

Shri Subir Chakraborty,Director (Projects), UPRVUNL                                      Member

Shri Dhawal Prakash Antapurkar,Director of Steam Boilers, Maharashtra           Member

Dr. L.D. Papney,Chief Engoneer, (TE&TD), CEA                                              Member & Convenor

Jammu and Kashmir Rifles is an infantry regiment of the Indian Army. It is a truly historic Indian Regiment raised by Maharaja Gulab Singh, the founder of the Dogra Kingdom in 1820. Amongst all the princely State Forces of India, it was the only one to be absorbed into the Indian Army as a separate Regiment and did not lose its entity by merger into the existing Regiments of the Army.

Ratio analysis helps us to evaluate various aspects of a company's operating and financial performance such as its efficiency, liquidity, profitability and solvency. The trend of these ratios over time can be used to check whether they are improving or deteriorating.

World Purple Day is observed on 26 March which raises awareness about epilepsy worldwide.