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

0 1416

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

1 1416

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

1 1416

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

2 1416

Q:

Which of the forts was called the 'Troy of the East' by the British ?

A) Golconda Fort	B) Gingee Fort
C) Agra Fort	D) Amer Fort

Answer & Explanation Answer: B) Gingee Fort

Explanation:

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Filed Under: Famous Places
Exam Prep: Bank Exams

2 1416

Q:

In ΔPQR, ∠R = 54°, the perpendicular bisector of PQ at S meets QR at T. If ∠TPR = 46°, then what is the value (in degrees) of ∠PQR?

A) 25	B) 40
C) 50	D) 60

Answer & Explanation Answer: B) 40

Explanation:

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

0 1416

Q:

Who wrote "Romeo & Juliet"?

A) Jane Austen	B) Mark Twain
C) Toni Morrison	D) William Shakespeare

Answer & Explanation Answer: D) William Shakespeare

Explanation:

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

The United Nations Green Climate Fund is Headquartered in which country?

A) South Korea	B) U.S.A
C) Canada	D) Australia

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