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 1679

Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

To bury the hatchet

A) To make peace	B) To dig the ground
C) To negotiate	D) To make war

Answer & Explanation Answer: A) To make peace

Explanation:

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Filed Under: English

0 1679

Q:

Where is Humayun's Tomb is located?

A) Hyderabad	B) New Delhi
C) Mumbai	D) Kolkata

Answer & Explanation Answer: B) New Delhi

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 1679

Q:

Who accorded the title ‘Mahatma’ to MK Gandhi?

A) Sardar Patel	B) Nehru
C) Sarojini Naidu	D) Rabindranath Tagore

Answer & Explanation Answer: D) Rabindranath Tagore

Explanation:

Rabindranath Tagore accorded the title Mahatma to MK Gandhi.

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 1679

Q:

Who appoints Governor of a state in India?

A) Prime Minister of India	B) Council of Minister
C) Judge of Supreme Court	D) President of India

Answer & Explanation Answer: D) President of India

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Ozone protects biosphere from ___________

A) X - rays	B) Gamma rays
C) Ultraviolet rays	D) Infrared rays

Answer & Explanation Answer: C) Ultraviolet rays

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

2 1678

Q:

Fruits preserved in cold storage last longer because -

A) exposure to humidity is increased	B) more oxygen is available
C) fruits are stored in a dark place	D) the rate of respiration of Fruits is decreased

Answer & Explanation Answer: D) the rate of respiration of Fruits is decreased

Explanation:

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Filed Under: General Science

2 1678

Q:

A hard coal containing little volatile matter is called ______.

A) Loess	B) Anthracite
C) Atoll	D) Lava

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