Questions

Q:

According to the law of diminishing marginal utility, as the amount of a good consumed increases, the marginal utility of that good tends to 

A) improve B) diminish
C) remain constant D) first diminish and then improve
 
Answer & Explanation Answer: B) diminish

Explanation:

Economists use the concept of marginal utility to measure happiness and pleasure and how that affects consumer decision making. They have also identified the law of diminishing marginal utility, which means that the first unit of consumption of a good or service has more utility than the next units of consumption.Hence, the marginal utility of the good diminishes as the amount of good consumed increases.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

One who is honourably discharged from service

A) Belligerent B) Emeritus
C) Truant D) Mercenary
 
Answer & Explanation Answer: B) Emeritus

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. One evening he lit a large lamp in the bedroom and sat near his wife.
P. 'Why not?', was the answer.
Q. 'Whatever you like.'
R. 'Shall I read you something?', he asked.
S. 'What shall I read?', he continued.
6. He was somewhat taken aback by her answer.

A) RPSQ B) SRQP
C) RQPS D) SQPR
 
Answer & Explanation Answer: A) RPSQ

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

The father said to the son,"Why do you not start preparing for the examination this month?

A) The father asked the son that why did he not start preparing for the examination this month? B) The father told the son why he did not prepare for the examination that month.
C) The father enquired of the son why he did not start preparing for the examination this month. D) The father asked the son why he did not start preparing for the examination that month.
 
Answer & Explanation Answer: D) The father asked the son why he did not start preparing for the examination that month.

Explanation:
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Filed Under: English
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


Restorative justice is _______________ from mediation though it involves meetings and dialogues to fix responsibility for wrongdoing and to find a solution acceptable to ______________ three parties. More importantly, it directly addresses victim needs and ________________ emphasises the private dimensions of a public wrong. It is not a substitute _______________ the formal criminal justice system, but a good backup to reduce its workload and to increase the sense of justice in the system as a __________________.


More importantly, it directly addresses victim needs and ________________ emphasises the private dimensions of a public wrong.

A) so B) therefore
C) because it D) then it
 
Answer & Explanation Answer: B) therefore

Explanation:
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Filed Under: English
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Q:

In which session of the Congress was the slogan of the Simon Commission's boycott?

A) Calcutta Convention (1928) B) Madras Session (1927)
C) Surat Session (1907) D) Nagpur session (1920)
 
Answer & Explanation Answer: B) Madras Session (1927)

Explanation:
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Filed Under: Indian History
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Q:

When was the first cricket test match played?

A) 1677 B) 1777
C) 1877 D) 1977
 
Answer & Explanation Answer: C) 1877

Explanation:
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Filed Under: Sports
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Q:

Who was the first to score a perfect 10 in Olympics in gymnastics?

A) Nadia Comaneci B) Daniela Silivas
C) Alexander Dityatin D) Mary Lou Retton
 
Answer & Explanation Answer: A) Nadia Comaneci

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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