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:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.
The foreman said to his workers "I cannot pay you higher wages."

A) The foreman warned his workers that he cannot pay them higher wages.	B) The foreman told his workers that he could not pay them higher wages.
C) The foreman told his workers that they could not be paid higher wages.	D) The foreman forbid his workers to pay higher wages.

Answer & Explanation Answer: B) The foreman told his workers that he could not pay them higher wages.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The elements known as primary nutrients for plants

A) Nitrogen, Phosphorus and Potassium	B) Nitrogen, Oxygen and Silicon
C) Potassium, Boron and Nitrogen	D) Nitrogen, Phosphorus and Iron

Answer & Explanation Answer: A) Nitrogen, Phosphorus and Potassium

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Atomic number of which of the following elements is greater than that of Aluminium?

A) Phosphorus	B) Neon
C) Magnesium	D) Sodium

Answer & Explanation Answer: A) Phosphorus

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In a majority of flowering plants, out of the four megaspores, what is the ratio of functional and degenerate megaspores?

A) 2:2	B) 1:3
C) 3:1	D) 4:0

Answer & Explanation Answer: B) 1:3

Explanation:

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Filed Under: Biology
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Q:

Which of the following is responsible for Vermicomposting?

A) Fungus	B) Worms
C) Bacteria	D) Birds

Answer & Explanation Answer: B) Worms

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In females, the ovaries are located ______ on each side of the lower abdomen.

A) One	B) Two
C) Three	D) Four

Answer & Explanation Answer: A) One

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Who proposed Continental drift theory?

A) Alfred Wegener	B) Alfred Worwick
C) Alfred Hanks	D) Alfred Mane

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