Q:

The innovation theory of profit was proposed by

A) Marshall	B) Clark
C) Schumpeter	D) Joan Robbinson

Answer & Explanation Answer: C) Schumpeter

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The length of a chord which is at a distance of 5cm from the centre of a circle of radius 13cm is

A) 18cm	B) 24cm
C) 28cm	D) 30cm

Answer & Explanation Answer: B) 24cm

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
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Q:

Around how much percent of earth's surface is covered with water?

A) 20-25%	B) 40-50%
C) 70-80%	D) 55-60%

Answer & Explanation Answer: C) 70-80%

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following statements regarding Article 21 of the Constitution of India is/are correct?

1.Article 21 is violated when the under-trial prisoners are detained under judicial custody for an indefinite period.

2.Right to life is one of the basic human rights and not even the State has the authority to violate that right.

3.Under Article 21, the right of a woman to make reproductive choices is not a dimension of personal liberty.

Select the correct answer using the code given below.

A) 1, 2 and 3	B) 1 and 2 only
C) 1 and 3 only	D) 2 only

Answer & Explanation Answer: B) 1 and 2 only

Explanation:

All are correct except 3, as women always have the right to make reproductive choices.

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Q:

Who appoints Advocate General of State in India?

A) Governor of State	B) Chief Minister of State
C) Law Minister of State	D) No option is correct

Answer & Explanation Answer: A) Governor of State

Explanation:

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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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Q:

Calculate a country's GDP if for the year, consumer spending is $900 million, government spending is $250 million, investment by businesses is $180 million, exports are $85 million and imports are $100 million.

A) $1345 million	B) $1315 million
C) $955 million	D) $815 million

Answer & Explanation Answer: B) $1315 million

Explanation:

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Q:

Madhubani painting style is native to which state?

A) Orissa	B) Andhra Pradesh
C) Bihar	D) Madhya Pradesh

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