Questions

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 _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

Explanation:
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Filed Under: Indian Economy
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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.

 

In a work ____________ art, each layer and texture, colour ____________ perspective creates an individualistic vision, which can mean different things to different viewers and even to its creator at different points of time. The audience does not ____________ see the struggle or uncertainty of the _____________ process, only its outcome. And sometimes, ___________ in the case of icons, the passage of time reveals the glow within.

 

uncertainty of the _____________ process,

 

A) creativity B) creatively
C) create D) creative
 
Answer & Explanation Answer: D) creative

Explanation:
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Filed Under: English
Exam Prep: TOEFL , GRE , Bank Exams

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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.

 

Anti­apartheid activist Desmond Tutu is even more hard­headed when he says, "In almost ____________ language, the most difficult words are 'I am sorry’." Mr. Tutu adds that ______________ reconciliations can only lead to spurious healing. _____________ him forgiveness is a wager, an ethical wager on the future of ______________ relationship. This is why the few events of apology which stand up to _____________ scrutiny deserve to be treasured.

 

"In almost ____________ language, the most difficult words are 'I am sorry'."

 

A) each B) all
C) any D) every
 
Answer & Explanation Answer: D) every

Explanation:
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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'.

Sometimes it appears as if they are deliberately (1)/ limiting their chances of survival in order (2)/ to observe some customary or taboo.(3)/ No error (4)

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

Explanation:
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Filed Under: English
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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. Ifa  sentence is free from error, select 'No Error'.

Buttressing the confidence in the economy (1)/ are the findings in the survey, which posits (2)/ an improvement in the infrastructure sectors.(3)/ No error. (4)

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

Explanation:
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Q:

If A is 50% more than B, then B is what percent of A?

A) 66.66 B) 33.33
C) 150 D) 75
 
Answer & Explanation Answer: A) 66.66

Explanation:
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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice B) Crop – Rubber
C) Crop – Wheat D) Crop – Bajra
 
Answer & Explanation Answer: B) Crop – Rubber

Explanation:
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