Art

Boost your knowledge with a comprehensive collection of Arts MCQs with answers and detailed explanations. Covering topics from history of art, literature, philosophy, sociology, political science, and fine arts, these objective questions are designed for students, teachers, and candidates preparing for competitive exams (CSS, PMS, NTS, FPSC, PPSC, UPSC, etc.). Each MCQ is followed by a clear explanation to help you understand concepts better and improve your exam preparation. Perfect for self-assessment, practice, and revision in the field of Arts and Humanities.

3735. According to the law of diminishing utility ?

A. The utility is at a maximum with the first unit
B. Increasing units of consumption increase the marginal utility
C. The marginal product will fall as more units are consumed
D. The total utility will rise at a falling rate as more units are consumed
✅ The correct answer is option D.

3737. What is inflation ?

A. Increase in the amount of circulating money
B. Lowering of purchasing power
C. Decrease in the amount of circulation money
D. None of these
✅ The correct answer is option A.

3738. Diminishing marginal return implies?

A. decreasing average fixed costs.
B. decreasing marginal costs.
C. decreasing average variable costs.
D. increasing marginal costs.
✅ The correct answer is option D.