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

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1184

Q:

Which of the following Cryptocurrency Dealers launched India’s first mobile ‘Bitcoin trading' app for transacting in virtual currencies?

A) EtherDelta Exchange	B) BitFin Exchange
C) Venus Exchange	D) Pluto Exchange

Answer & Explanation Answer: D) Pluto Exchange

Explanation:

Pluto Exchange, a Dubai-based Cryptocurrency Dealer has launched the India’s first mobile ‘Bitcoin trading app’ fortransacting in virtual currencies. Users of Pluto Exchange’s app will be able to buy, sell, store and spend bitcoins via mobile number using four-digit Personal Identification Number (PIN).

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness

1 1184

Q:

Which country, on 25 October 2017 announced that it would be introduced a minimum wage for workers?

A) Bahrain	B) Kuwait
C) Oman	D) Qatar

Answer & Explanation Answer: A) Bahrain

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1184

Q:

What is the name of the acid in an ant's sting?

A) Acetic acid	B) Citric acid
C) Formic acid	D) Lactic acid

Answer & Explanation Answer: C) Formic acid

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: General Science
Exam Prep: Bank Exams

2 1184

Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) 6260	B) 8411
C) 9413	D) 5612

Answer & Explanation Answer: C) 9413

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Verbal Reasoning - Mental Ability

0 1184

Q:

One statement is given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

Statement: I) Quality has a price tag.

II) India is allocating lots of funds to education.

Conclusions: I) Quality of education in India would improve.

II) Funding alone can enhance quality of education.

A) Only Conclusion I follows	B) Only Conclusion II follows
C) Both the Conclusions I and II follow	D) Neither Conclusion I nor II follows

Answer & Explanation Answer: A) Only Conclusion I follows

Explanation:

Report Error

View Answer Report Error Discuss

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

0 1184

Q:

The side of an equilateral triangle is 8 cm. Find its area (in cm2).

A) 25√3	B) 16√2
C) 25√2	D) 16√3

Answer & Explanation Answer: D) 16√3

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

0 1184

Q:

In 2015, the United Nations Climate Change Conference was held at -

A) Paris	B) Doha
C) Montreal	D) Copenhagen

Questions

Quick Links