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Q:

In June 2017, who has become the first local body in the country to issue ‘municipal bonds’ in nearly one and a half decade?

A) Municipal Corporation of Mumbai B) Municipal Corporation of Pune
C) Municipal Corporation of Delhi D) Municipal Corporation of Kolkata
 
Answer & Explanation Answer: B) Municipal Corporation of Pune

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Q:

Slave Dynasty was founded by

A) Qutbuddin Aibak B) Mahmud Ghazni
C) Muhammad Ghori D) Razia Sultana
 
Answer & Explanation Answer: A) Qutbuddin Aibak

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Q:

Who along with Bhagat Singh was the main accused in Assembly Bomb Case?

A) Batukeshwar Dutt B) Sukhdev Thapar
C) Asaf Ali D) Ram Prasad Bismil
 
Answer & Explanation Answer: A) Batukeshwar Dutt

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Q:

Who is the author of "I Too Had A Love Story"?

A) Jhumpa Lahiri B) Amish Tripathi
C) Ravinder Singh D) Salman Rushdie
 
Answer & Explanation Answer: C) Ravinder Singh

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Q:

What is the action of dry HCl gas on dry litmus paper?

A) Blue litmus paper turns white B) Blue or red litmus paper does not change its colour
C) Blue litmus paper turns red D) Red litmus paper turns blue
 
Answer & Explanation Answer: B) Blue or red litmus paper does not change its colour

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Filed Under: Chemistry
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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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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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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

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