Q:

In a cut motion, when the amount of demand is reduced by Rs 100/ , it is known as

A) Disapproval of policy cut	B) Economy cut
C) Vote on Account	D) Token cut

Answer & Explanation Answer: D) Token cut

Explanation:

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Filed Under: Indian Economy

0 1312

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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1	B) 1
C) -1.25	D) 1.25

Answer & Explanation Answer: A) -1

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In which year Swami Vivekananda established the Ramakrishna Mission at Belur?

A) 1885	B) 1890
C) 1897	D) 1901

Answer & Explanation Answer: C) 1897

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Pitch Black Exercise is an air exercise between

A) India and Japan	B) India and France
C) India and Nepal	D) India and Australia

Answer & Explanation Answer: D) India and Australia

Explanation:

Indian Air Force (IAF) has participated in Exercise Pitch Black 2018 at Darwin, Australia. Sixteen different nations from across the globe, including French Air Force (FAF) participated in this exercise.

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Filed Under: General Awareness

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Q:

As per the 2016-17 Budget, the largest source of money to the Government of India is

A) Income Tax	B) Corporation Tax
C) Non-tax revenues	D) Borrowings and other liabilities

Answer & Explanation Answer: D) Borrowings and other liabilities

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which among the following is NOT an event during the photosynthesis process?

A) Absorption of light energy by chlorophyll	B) Conversion of light energy to chemical energy
C) Splitting of water molecules into hydrogen and oxygen	D) Oxidation of carbon dioxide to carbohydrates

Answer & Explanation Answer: D) Oxidation of carbon dioxide to carbohydrates

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

To become a member of the Rajya Sabha a person should be at least _____ years old.

A) 18	B) 30
C) 36	D) 24

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