Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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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Filed Under: Indian Economy
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

In a work ____________ art, each layer and texture, colour ____________ perspective creates an individualistic vision, which can mean different things to different viewers and even to its creator at different points of time. The audience does not ____________ see the struggle or uncertainty of the _____________ process, only its outcome. And sometimes, ___________ in the case of icons, the passage of time reveals the glow within.

uncertainty of the _____________ process,

A) creativity	B) creatively
C) create	D) creative

Answer & Explanation Answer: D) creative

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Filed Under: English
Exam Prep: TOEFL , GRE , Bank Exams

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Q:

An object having a mass 'm' moving with a velocity 'v' possesses a kinetic energy 'K'. If its velocity is doubled, its kinetic energy will become:

A) K/2	B) 2K
C) 4K	D) K/4

Answer & Explanation Answer: C) 4K

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Filed Under: Physics
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Q:

Who is the newly appointed Foreign Secretary of India who took charge in early 2018?

A) Vijay Keshav Gokhale	B) Usha Rani
C) Nitin Kumar Yadav	D) Rajni Sekhri Sibal

Answer & Explanation Answer: A) Vijay Keshav Gokhale

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Filed Under: Indian Politics
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Q:

Gandhi Ji started the Non-Cooperation Movement in?

A) 1880	B) 1900
C) 1920	D) 1940

Answer & Explanation Answer: C) 1920

Explanation:

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Filed Under: Indian History
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Q:

To which dynasty did the famous patron of literature king Bhoja belong?

A) Chalukya	B) Chola
C) Paramara	D) Pala

Answer & Explanation Answer: C) Paramara

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Filed Under: Indian History
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Q:

Which team created history by winning the Ranji Trophy for the first time in January 2018?

A) Kerala	B) West Bengal
C) Odisha	D) Vidarba

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