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

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Q:

When iron is exposed to moist air, a reddish brown coating of hydrated Iron (III) Oxide (Fe2O3) is deposited on its surface. This reddish brown coating is called

A) alloy	B) dust
C) rust	D) iron

Answer & Explanation Answer: C) rust

Explanation:

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.
He shall have bought a car.

A) A car was being bought by him.	B) A car was bought by him.
C) A car will have been bought by him.	D) A car would have been bought by him.

Answer & Explanation Answer: D) A car would have been bought by him.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The specificity of an antibody is due to

A) the variable portions of the H and L chains	B) the L chains
C) its valence	D) the H chains

Answer & Explanation Answer: A) the variable portions of the H and L chains

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The Gurudwara 'Panja Sahib' is located in which neighbouring country of India?

A) Pakistan	B) Bangladesh
C) Sri Lanka	D) Nepal

Answer & Explanation Answer: A) Pakistan

Explanation:

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Rakhi got engaged 10 years ago. Rakhi's present age is 5/3 of her age at the time of engagement. If the present age of Rakhi's mother is twice that ofpresent age of Rakhi, then what was her mother's age (in years) at the time of her engagement?

A) 50	B) 40
C) 30	D) 60

Answer & Explanation Answer: B) 40

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams

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Q:

Limba Ram is associated with which Sport?

A) Javelin Thrower	B) Archery
C) Cricket	D) Badminton

Answer & Explanation Answer: B) Archery

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Indira Goswami, the famous editor, poet, scholar and writter won the Jnanpith Award in which language?

A) Bengali	B) Odia
C) Assamese	D) Hindi

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