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:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return	B) Savings Lease Rate
C) Statutory Liquidity Ratio	D) Safe Legal Range

Answer & Explanation Answer: C) Statutory Liquidity Ratio

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Petrodava Dacian Fortress is a famous archaeological landmark in

A) Chile	B) Romania
C) Bulgaria	D) France

Answer & Explanation Answer: B) Romania

Explanation:

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

If 3P/7 = 4Q/11, then what is the ratio of P and Q respectively?

A) 12:77	B) 12:33
C) 28:33	D) 3:28

Answer & Explanation Answer: C) 28:33

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Who was the flag bearer for India at the 2016 Rio Olympics?

A) Abhinav Bindra	B) Saina Nehwal
C) Sakshi Malik	D) P.V. Sindhu

Answer & Explanation Answer: A) Abhinav Bindra

Explanation:

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Filed Under: Sports
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 professor recently describes 1500 tests (1)/ in which blind people passed with greater (2)/ ease than those who could see! (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:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting	B) Zerobased budgeting
C) Performancebased budgeting	D) Surplus budgeting

Answer & Explanation Answer: A) Deficit budgeting

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50%	B) 8%
C) 10%	D) 15%

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