Questions

Q:

In June 2017, who has become the first local body in the country to issue ‘municipal bonds’ in nearly one and a half decade?

A) Municipal Corporation of Mumbai B) Municipal Corporation of Pune
C) Municipal Corporation of Delhi D) Municipal Corporation of Kolkata
 
Answer & Explanation Answer: B) Municipal Corporation of Pune

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Filed Under: Indian History
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Q:

Which team created history by winning the Ranji Trophy for the first time in January 2018?

A) Kerala B) West Bengal
C) Odisha D) Vidarba
 
Answer & Explanation Answer: D) Vidarba

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Filed Under: Sports
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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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Filed Under: Indian Economy
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Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35% B) 40%
C) 42% D) 45%
 
Answer & Explanation Answer: C) 42%

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Filed Under: Indian Economy
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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
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Q:

In economics secondary effects refer to the

A)  best alternative that must be forgone as the result of a choice. B) immediate and visible intended consequences of a change.
C) impact of the scarcity of resources on the scarcity of the goods that are produced with those resources. D) unintended consequences of a change that are not immediately identifiable but are felt only with time.
 
Answer & Explanation Answer: B) immediate and visible intended consequences of a change.

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Filed Under: Indian Economy
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Q:

______ is a strong drug that doctors give to people to make them calm or help them sleep.

A) Barbiturate B) Antidepressant
C) Antihistamine D) Beta-Blocker
 
Answer & Explanation Answer: A) Barbiturate

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Filed Under: Biology
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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'.
If it would (1)/ rain, they will (2)/not come. (3)/ No Error (4)

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

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Filed Under: English
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