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 1064

Q:

Chandrabhaga beach is located in which state?

A) Odisha	B) Kerala
C) Chennai	D) Gujarat

Answer & Explanation Answer: A) Odisha

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

2 1064

Q:

Acacia arabica is the scientific name of

A) Neem	B) Teak
C) Babhul	D) Pomegranate

Answer & Explanation Answer: C) Babhul

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Biology
Exam Prep: Bank Exams

2 1063

Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay	B) Michael Faraday
C) Archimedes	D) Charles Coulomb

Answer & Explanation Answer: D) Charles Coulomb

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: Bank Exams

1 1063

Q:

The number of neutrons present in a nitrogen atom is ___.

A) 14	B) 7
C) 11	D) 5

Answer & Explanation Answer: B) 7

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: Bank Exams

1 1063

Q:

"Global Competitiveness Report" is released by which of the following organization?

A) WTO	B) WEF
C) SAARC	D) EU

Answer & Explanation Answer: B) WEF

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: World Organisations

1 1063

Q:

Women's Doubles World Champions for 2015 announced by International Tennis Federation are

A) Martina Hingis and Sania Mirza	B) M. Sands and L Safarova
C) Serena Williams and Venus Williams	D) Sara Errani and Roberta Vinci

Answer & Explanation Answer: A) Martina Hingis and Sania Mirza

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Sports
Exam Prep: Bank Exams

1 1063

Q:

Which of the following President was awarded the Nobel Peace Prize 2016?

A) Raffel Korea	B) Juan Manuel Santos
C) Donald Trump	D) Alexander Lukashenko

Questions

Quick Links