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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is called GDP Deflator?

A) Ratio of nominal to real GDP	B) Ratio of nominal to real GNP
C) Ratio of nominal to real CPI	D) Ratio of real to nominal GNP

Answer & Explanation Answer: A) Ratio of nominal to real GDP

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities	B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities	D) current liabilities and long-term liabilities

Answer & Explanation Answer: D) current liabilities and long-term liabilities

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

True positive thinking starts by embracing reality in its myriad (1)/ shapes and forms; it involves the ability to feel negative emotions when you have to, (2)/ and still maintain hope enough to keep on going. (3)/ No error (4)

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

Answer & Explanation Answer: C) 3

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the resistance (in Ω) of an electrical component if a current of 0.4 A passes through it on application of 12 V of potential difference across it?

A) 4.8	B) 60
C) 9.6	D) 30

Answer & Explanation Answer: D) 30

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

A conductor having some appreciable resistance is called a

A) Resistor	B) Insulator
C) Conductor	D) Semi-conductor

Answer & Explanation Answer: A) Resistor

Explanation:

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Which of the following places presents the oldest evidence of Neolithic Era?

A) Chirnd	B) Mehrgarh
C) Burghome	D) Daimabad

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