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

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1154

Q:

If demand curve for racing cycles is D = 80200 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units	B) 31220 units
C) 8750 units	D) 41720 units

Answer & Explanation Answer: D) 41720 units

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1154

Q:

Pancreatic juice require which medium for their action?

A) Acidic	B) Basic
C) Neutral	D) All option are correct

Answer & Explanation Answer: B) Basic

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Biology
Exam Prep: Bank Exams

0 1154

Q:

Name the Russian chemist who stated that the properties of elements are a periodic function of their atomic masses?

A) Markovnikov	B) Zelinsky
C) Mendeleev	D) Zaitsev

Answer & Explanation Answer: C) Mendeleev

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: Bank Exams

1 1154

Q:

Which one of the following is a bad Thermal Conductor?

A) Aluminium	B) Copper
C) Glass	D) Silver

Answer & Explanation Answer: C) Glass

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: Bank Exams

0 1153

Q:

The innovation theory of profit was proposed by

A) Marshall	B) Clark
C) Schumpeter	D) Joan Robbinson

Answer & Explanation Answer: C) Schumpeter

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1153

Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

Sunny was driving the car so fast that it slipped at the turn.

A) Sunny slipped at the turn as he was driving the car so fast.	B) So fast was Sunny driving the car that it slipped at the turn.
C) The car was being driven by Sunny so fast that it slipped at the turn.	D) The car slipped at the turn as Sunny was driving it so fast.

Answer & Explanation Answer: C) The car was being driven by Sunny so fast that it slipped at the turn.

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1153

Q:

The number of permanent members of the U.N. Security Council is

A) 5	B) 15
C) 10	D) 25

Questions

Quick Links