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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

With which country India has signed an agreement to renew the supply of Petroleum for a period of 5 years (i.e. till 2022)?

A) Nepal B) U.A.E.
C) Iran D) Bhutan
 
Answer & Explanation Answer: A) Nepal

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Seawater (i.e. saltwater) freezes at: 

A) at a slightly higher temperature than fresh water B) at a slightly lower temperature than fresh water.
C) the same temperature as fresh water. D) seawater does not freeze.
 
Answer & Explanation Answer: B) at a slightly lower temperature than fresh water.

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Filed Under: General Science