Q:

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.

A) top	B) below
C) right	D) left

Answer & Explanation Answer: B) below

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1315

Q:

The permanent secretariat of OIC is located in

A) Makkah	B) Riyadh
C) Jeddah	D) Madina

Answer & Explanation Answer: C) Jeddah

Explanation:

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Who is the Founder of International Premier Tennis League?

A) Leander Paes	B) Roger Federer
C) Martina Navratilova	D) Mahesh Bhupathi

Answer & Explanation Answer: D) Mahesh Bhupathi

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which country hosted the FIFA Under 17 (U-17) World Cup in 2017?

A) Brazil	B) Spain
C) England	D) India

Answer & Explanation Answer: D) India

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

The successive discount of 15%, 20% and 25% on an article is equivalent to the single discount of

A) 60%	B) 47%
C) 49%	D) 40%

Answer & Explanation Answer: C) 49%

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

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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
Exam Prep: Bank Exams

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Q:

Which of the following is NOT a radioactive element?

A) Uranium	B) Plutonium
C) Titanium	D) Thorium

Answer & Explanation Answer: C) Titanium

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In July 2017, the Central Government has set the investment limit per fiscal year for ‘Hindu Undivided Family’ to ______ kg under ‘Sovereign Gold Bonds Scheme’.

A) 2	B) 10
C) 4	D) 15

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