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.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1084
Q:

Which country has started constructing world’s biggest floating Solar power plant in December 2017?

 

A) China B) Australia
C) South Africa D) Russia
 
Answer & Explanation Answer: A) China

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

4 1084
Q:

In which city is the newly proposed AIIMS to be setup in Maharashtra?

A) Nagpur B) Mumbai
C) Aurangabad D) Pune
 
Answer & Explanation Answer: A) Nagpur

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

3 1084
Q:

The functioning of a very old model pendulum clock was completely

A) Mechanical B) Mechanical and electrical
C) Electrical D) Battery operated
 
Answer & Explanation Answer: A) Mechanical

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

5 1084
Q:

The number of parliamentary seats (Lok Sabha) of Goa is _________.

A) 2 B) 13
C) 20 D) 25
 
Answer & Explanation Answer: A) 2

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1084
Q:

Particulates (< 1 μm size) remaining suspended in air indefinitely and transported by wind currents are called

A) Mists B) Fumes
C) Aerosols D) Smoke
 
Answer & Explanation Answer: C) Aerosols

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: Bank Exams

2 1084
Q:

Which of the following bank has signed a Memorandum of Understanding (MoU) with POORTI (Platform for Online Ordering & Rural Transformation of India) Agri Services Pvt. Ltd to enable farmers to purchase agricultural inputs like fertilizers, pesticides, seeds etc.?

A) State Bank of India B) Central Bank of India
C) Bank of Baroda D) Punjab Bank of India
 
Answer & Explanation Answer: C) Bank of Baroda

Explanation:

Bank of Baroda has signed a Memorandum of Understanding (MoU) with POORTI (Platform for Online Ordering & Rural Transformation of India) Agri Services Pvt. Ltd to enable farmers to purchase agricultural inputs like fertilizers, pesticides, seeds etc.POORTI provides a multi-party mobile commerce platform in vernacular for easy ordering of fertilizers, pesticides, seeds (beyond a given value) by farmers with loans given by various banks.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness

1 1084
Q:

Which of the following telecommunication will acquire the business of Telenor India for an undisclosed sum in all seven circles?

A) BSNL B) Tata Docomo
C) Bharti Airtel D) MTS India
 
Answer & Explanation Answer: C) Bharti Airtel

Explanation:

Bharti Airtel will acquire the business of Telenor India for an undisclosed sum in all seven circles Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.
Note: Telenor India (formerly known as Uninor) was an Indian mobile network operator based in Gurgaon, Haryana, India. The company is a wholly owned subsidiary of Telenor Group, a telecommunication company headquartered in Oslo, Norway.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1084