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.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1511

Q:

Micro-economics is also called __________

A) Profit theory	B) Loss theory
C) Price theory	D) Expenditure theory

Answer & Explanation Answer: C) Price theory

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The plateau that has both West and East flowing drainage system is

A) Malwa	B) Chota Nagpur
C) Ranchi	D) Hazaribagh

Answer & Explanation Answer: A) Malwa

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following animals can change its sex?

A) Planarian	B) Snail
C) Ascaris	D) Nereis

Answer & Explanation Answer: B) Snail

Explanation:

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Filed Under: Animals and Birds
Exam Prep: Bank Exams

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Q:

Who discovered malaria causing germs?

A) Christiaan Bernard	B) Charles Louis Alphonse Laveran
C) Dmitry Ivanovsky	D) Martinus William Beijerinck

Answer & Explanation Answer: B) Charles Louis Alphonse Laveran

Explanation:

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

Who among the following was awarded with Padma Shri 2017 in the field of 'Sports - Hockey'?

A) Sardar Singh	B) P. R. Shreejesh
C) Ramandeep Singh	D) Yuvraj Walmiki

Answer & Explanation Answer: B) P. R. Shreejesh

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

The wilting of plants takes place due to _____.

A) Photosynthesis	B) Transpiration
C) Absorption	D) Respiration

Answer & Explanation Answer: B) Transpiration

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

2 1511

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

An arrangement of flowers fastened in a ring used for laying on a grave

A) Brier	B) Prickle
C) Wreath	D) Splint

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