1868 + Interview Questions in Economics Page 16 InterviewSolution

751.	A person walking at some speed find the rain falling vertically. If he doubles his speed the rain appears to fall at an angle 45 degree to the vertical. To what angle the rain will appear to fall if he triples is speed?
Answer» A person walking at some speed find the rain falling vertically. If he doubles his speed the rain appears to fall at an angle 45 degree to the vertical. To what angle the rain will appear to fall if he triples is speed?

Discussion

752.	Q12. Consider the following statements about Advance Pricing Agreement: 1. APA scheme endeavours to provide certainty to taxpayers in domain of transfer pricing by specifying methods of pricing and setting prices of international transactions in advance. 2. It helps in determining arm’s length price of international transactions in advance for max period of 5 future years. Which of the above statements are incorrect?
Answer» Q12. Consider the following statements about Advance Pricing Agreement: 1. APA scheme endeavours to provide certainty to taxpayers in domain of transfer pricing by specifying methods of pricing and setting prices of international transactions in advance. 2. It helps in determining arm’s length price of international transactions in advance for max period of 5 future years. Which of the above statements are incorrect?

752.

Q12. Consider the following statements about Advance Pricing Agreement: 1. APA scheme endeavours to provide certainty to taxpayers in domain of transfer pricing by specifying methods of pricing and setting prices of international transactions in advance. 2. It helps in determining arm’s length price of international transactions in advance for max period of 5 future years. Which of the above statements are incorrect?

Answer»

Q12. Consider the following statements about Advance Pricing Agreement:

1. APA scheme endeavours to provide certainty to taxpayers in domain of transfer pricing by specifying methods of pricing and setting prices of international transactions in advance.

2. It helps in determining arm’s length price of international transactions in advance for max period of 5 future years.

Which of the above statements are incorrect?

Discussion

753.	Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?
Answer» Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?

753.

Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?

Answer»

Q18. Consider the following statements:

1. In the floating exchange rates, currency values are determined by central bank.

2. Currency depreciation is usually done by a nation’s central bank.

Which of the above statements are correct?

Discussion

754.	If with the rise in price of good Y, demand for good X rises, the two goods are:
Answer» If with the rise in price of good Y, demand for good X rises, the two goods are:

Discussion

755.	Trouvez les contraires du texte.1. derrière2. à gauche3. sous4. blanc
Answer» Trouvez les contraires du texte. 1. derrière 2. à gauche 3. sous 4. blanc

Discussion

756.	A reduction of 20% in the price of rice enables a housewife to obtain 4kg more for 160 find the original and the reduced price per kg
Answer» A reduction of 20% in the price of rice enables a housewife to obtain 4kg more for 160 find the original and the reduced price per kg

Discussion

757.	Spindle fibres extending between the opposite poles are called:
Answer» Spindle fibres extending between the opposite poles are called:

Discussion

758.	A shift in demand curve has a larger effect on price and smaller effect on quantity when the number of firms is fixed compared to the situation when free entry and exit is permitted. Explain.
Answer» A shift in demand curve has a larger effect on price and smaller effect on quantity when the number of firms is fixed compared to the situation when free entry and exit is permitted. Explain.

Discussion

759.	For production of goods we need factors:
Answer» For production of goods we need factors:

759.

For production of goods we need factors:

Answer»

For production of goods we need factors:

Discussion

760.	A shift indemand curve has a larger effect on price and smaller effect onquantity when the number of firms is fixed compared to the situationwhen free entry and exist is permitted. Explain.
Answer» A shift in demand curve has a larger effect on price and smaller effect on quantity when the number of firms is fixed compared to the situation when free entry and exist is permitted. Explain.

Discussion

761.	The shape of transformation curve is changed by
Answer» The shape of transformation curve is changed by

Discussion

762.	A single event may change the course of the history of a nation.
Answer» A single event may change the course of the history of a nation.

Discussion

763.	What is elevation head , pressure head and velocity head?
Answer» What is elevation head , pressure head and velocity head ?

Discussion

764.	Stage II of production begins at the point
Answer» Stage II of production begins at the point

Discussion

765.	Which of the following are some effects of the Green revolution?
Answer» Which of the following are some effects of the Green revolution?

Discussion

766.	Which of the following is NOT an input
Answer» Which of the following is NOT an input

Discussion

767.	The angle of banking θ for the minimum wear and tear of tyres is given by
Answer» The angle of banking θ for the minimum wear and tear of tyres is given by

Discussion

768.	Define business. Describe its important characteristics.
Answer» Define business. Describe its important characteristics.

Discussion

769.	The government set up the Central Pollution Control Board to control:
Answer» The government set up the Central Pollution Control Board to control:

Discussion

770.	A decrease in demand causes the equilibrium price to:
Answer» A decrease in demand causes the equilibrium price to:

Discussion

771.	Giving reason, state the impact of each of following on demand curve of a normal good ‘X’ if i) Price of its complementary good falls. ii) News reports claims that consumption of product X has harmful effect on human health. iii) Income of consumer increases,
Answer» Giving reason, state the impact of each of following on demand curve of a normal good ‘X’ if i) Price of its complementary good falls. ii) News reports claims that consumption of product X has harmful effect on human health. iii) Income of consumer increases,

Discussion

772.	Economic slowdown in some parts of the world has adversely affected demand for Indian exports. What will be its effect on the production possibilities frontier of India? Explain.
Answer» Economic slowdown in some parts of the world has adversely affected demand for Indian exports. What will be its effect on the production possibilities frontier of India? Explain.

Discussion

773.	Let the production function of a firm be: Q=5L1/2K1/2 Find out the maximum possible output that the firm can produce with 100 units of L and 100 units of K.
Answer» Let the production function of a firm be: $Q = 5 L^{1 / 2} K^{1 / 2}$ Find out the maximum possible output that the firm can produce with 100 units of L and 100 units of K.

773.

Let the production function of a firm be: Q=5L1/2K1/2 Find out the maximum possible output that the firm can produce with 100 units of L and 100 units of K.

Answer»

Let the production function of a firm be:
$Q = 5 L^{1 / 2} K^{1 / 2}$

Find out the maximum possible output that the firm can produce with 100 units of L and 100 units of K.

Discussion

774.

Make a bar diagram of the following data on India's population: Year 1971 1981 1991 2001 2011 Population (crore) 54.8 68.3 84.6 102.8 121.0

Answer» Make a bar diagram of the following data on India's population:

Year	1971	1981	1991	2001	2011
Population (crore)	54.8	68.3	84.6	102.8	121.0

Discussion

775.	नीचे दिए गए गद्यांश की संदर्भ सहित व्याख्या कीजिए-भट्ठे के उठते काले धुएँ ................ ज़िंदगी का एक पड़ाव था यह भट्ठा।
Answer» नीचे दिए गए गद्यांश की संदर्भ सहित व्याख्या कीजिए- भट्ठे के उठते काले धुएँ ................ ज़िंदगी का एक पड़ाव था यह भट्ठा।

Discussion

776.	In which retail stores consumers are the owners?
Answer» In which retail stores consumers are the owners?

Discussion

777.	An organisation has started using CFL's and Led's instead of bulbs and tubelights. Which values are attained by the organisation ?
Answer» An organisation has started using CFL's and Led's instead of bulbs and tubelights. Which values are attained by the organisation ?

Discussion

778.	The absolute value of the slope of a convex isoquant
Answer» The absolute value of the slope of a convex isoquant

Discussion

779.	What programmes has the government adopted to help the elderly people and poor and destitute women?
Answer» What programmes has the government adopted to help the elderly people and poor and destitute women?

Discussion

780.	How does the nature of a commodity influence its price elasticity of demand? Explain.
Answer» How does the nature of a commodity influence its price elasticity of demand? Explain.

780.

How does the nature of a commodity influence its price elasticity of demand? Explain.

Answer»

How does the nature of a commodity influence its price elasticity of demand?

Explain.

Discussion

781.	Price elasticity is ______.
Answer» Price elasticity is ______.

Discussion

782.	A physical quantity X is related to four measurable quantities a,b,c,d as X=a^2b^3c^{5/2}d^{-2} The percentage error in the measurement of a,b,c,d are 1%,2%,3%,4% respectively. If the value of X calculated on the basis of the abo
Answer» A physical quantity X is related to four measurable quantities a,b,c,d as X=a^2b^3c^{5/2}d^{-2} The percentage error in the measurement of a,b,c,d are 1%,2%,3%,4% respectively. If the value of X calculated on the basis of the abo

Discussion

783.	The atmospheric gas which can not produce green-house effect (a)nitrogen (b)H2O (c) carbon di oxide (d)ozo
Answer» The atmospheric gas which can not produce green-house effect (a)nitrogen (b)H2O (c) carbon di oxide (d)ozo

Discussion

784.	What is the effect of income of demand for normal goods?
Answer» What is the effect of income of demand for normal goods?

Discussion

785.	Which of the following were the features of the tariff system which destroyed the Indian economy?
Answer» Which of the following were the features of the tariff system which destroyed the Indian economy?

Discussion

786.	What was John A. Pescud's opinion about best sellers? Why?
Answer» What was John A. Pescud's opinion about best sellers? Why?

Discussion

787.	Give reasons for the following a. Satyajit attending the village wedding. b. Satyajit’s recollection of the forgerer when he was on the train. c. Srinath and his family members’ eager expectation of Satyajit’s arrival. d. Srinath’s disappointment with Satyajit. e. Satyajit's feeling that he was an impostor. f. Satyajit not disclosing his present financial status to his uncle.
Answer» Give reasons for the following a. Satyajit attending the village wedding. b. Satyajit’s recollection of the forgerer when he was on the train. c. Srinath and his family members’ eager expectation of Satyajit’s arrival. d. Srinath’s disappointment with Satyajit. e. Satyajit's feeling that he was an impostor. f. Satyajit not disclosing his present financial status to his uncle.

787.

Give reasons for the following a. Satyajit attending the village wedding. b. Satyajit’s recollection of the forgerer when he was on the train. c. Srinath and his family members’ eager expectation of Satyajit’s arrival. d. Srinath’s disappointment with Satyajit. e. Satyajit's feeling that he was an impostor. f. Satyajit not disclosing his present financial status to his uncle.

Answer»

Give reasons for the following

a. Satyajit attending the village wedding.

b. Satyajit’s recollection of the forgerer when he was on the train.

c. Srinath and his family members’ eager expectation of Satyajit’s arrival.

d. Srinath’s disappointment with Satyajit.

e. Satyajit's feeling that he was an impostor.

f. Satyajit not disclosing his present financial status to his uncle.

Discussion

788.	If the going concern concept is no longer valid, which of the following is true?
Answer» If the going concern concept is no longer valid, which of the following is true?

Discussion

789.	The supply curves of two firms 1 and 2 are given below. q1=3p−5, p≥5q2=6p−1, p≥2 Choose the correct option(s) about the market supply. All prices are in rupees.
Answer» The supply curves of two firms 1 and 2 are given below. $q_{1} = 3 p - 5, p \geq 5 q_{2} = 6 p - 1, p \geq 2$ Choose the correct option(s) about the market supply. All prices are in rupees.

789.

The supply curves of two firms 1 and 2 are given below. q1=3p−5, p≥5q2=6p−1, p≥2 Choose the correct option(s) about the market supply. All prices are in rupees.

Answer»

The supply curves of two firms 1 and 2 are given below.

$q_{1} = 3 p - 5, p \geq 5 q_{2} = 6 p - 1, p \geq 2$

Choose the correct option(s) about the market supply. All prices are in rupees.

Discussion

790.	Why does the author describe the contributions of science as remarkably poor?
Answer» Why does the author describe the contributions of science as remarkably poor?

Discussion

791.	Retrouvez la phrase.1. est/une/c'/femme.2. des/sont/ce/élèves.3. livre/c'/un/est.4. des/sont/stylos/ce.
Answer» Retrouvez la phrase. 1. est/une/c'/femme. 2. des/sont/ce/élèves. 3. livre/c'/un/est. 4. des/sont/stylos/ce.

Discussion

792.	What are some of the personal costs of unemployment?
Answer» What are some of the personal costs of unemployment?

Discussion

793.	25.Eluminate X from the eq : acosx + bsinx =c and dcosx + esinx = f
Answer» 25.Eluminate X from the eq : acosx + bsinx =c and dcosx + esinx = f

Discussion

794.	Complete the following table UnitofLabourAverageProduct(units)MarginalProduct(units) 1 8 − 2 10 − 3 − 10 4 9 − 5 − 4 6 7 −
Answer» Complete the following table $\begin{matrix} U n i t o f L a b o u r & A v e r a g e P r o d u c t (u n i t s) & M a r g i n a l P r o d u c t (u n i t s) 1 & 8 & - 2 & 10 & - 3 & - & 10 4 & 9 & - 5 & - & 4 6 & 7 & - \end{matrix}$

Discussion

795.	a) Why is Total Variable Cost curve inverse S- shaped? b) What is Average Fixed Cost of a firm? Why is an Average Fixed Cost Curve a rectangular Hyperbola? Explain with help of a diagram.
Answer» a) Why is Total Variable Cost curve inverse S- shaped? b) What is Average Fixed Cost of a firm? Why is an Average Fixed Cost Curve a rectangular Hyperbola? Explain with help of a diagram.

Discussion

796.	Which system did Indian leaders finally decide to adopt?
Answer» Which system did Indian leaders finally decide to adopt?

Discussion

797.	Supposethe price elasticity of demand for a good is −0.2. How will theexpenditure on the good be affected if there is a 10% increase in itsprice?
Answer» Suppose the price elasticity of demand for a good is −0.2. How will the expenditure on the good be affected if there is a 10% increase in its price?

Discussion

798.	At the time of independence, which of these sectors dominated in terms of the number of people?
Answer» At the time of independence, which of these sectors dominated in terms of the number of people?

Discussion

799.	Which of the following is true of the relationship between the marginal cost function and the average cost function?
Answer» Which of the following is true of the relationship between the marginal cost function and the average cost function?

Discussion

800.	For how many agricultural products does the government regulate the prices?
Answer» For how many agricultural products does the government regulate the prices?

Discussion

Explore topic-wise InterviewSolutions in .

A person walking at some speed find the rain falling vertically. If he doubles his speed the rain appears to fall at an angle 45 degree to the vertical. To what angle the rain will appear to fall if he triples is speed?

Q18. Consider the following statements: 1. In the floating exchange rates, currency values are determined by central bank. 2. Currency depreciation is usually done by a nation’s central bank. Which of the above statements are correct?

If with the rise in price of good Y, demand for good X rises, the two goods are:

Trouvez les contraires du texte.1. derrière2. à gauche3. sous4. blanc

A reduction of 20% in the price of rice enables a housewife to obtain 4kg more for 160 find the original and the reduced price per kg

Spindle fibres extending between the opposite poles are called:

A shift in demand curve has a larger effect on price and smaller effect on quantity when the number of firms is fixed compared to the situation when free entry and exit is permitted. Explain.

For production of goods we need factors:

A shift indemand curve has a larger effect on price and smaller effect onquantity when the number of firms is fixed compared to the situationwhen free entry and exist is permitted. Explain.

The shape of transformation curve is changed by

A single event may change the course of the history of a nation.

What is elevation head , pressure head and velocity head?

Stage II of production begins at the point

Which of the following are some effects of the Green revolution?

Which of the following is NOT an input

The angle of banking θ for the minimum wear and tear of tyres is given by

Define business. Describe its important characteristics.

The government set up the Central Pollution Control Board to control:

A decrease in demand causes the equilibrium price to:

Giving reason, state the impact of each of following on demand curve of a normal good ‘X’ if i) Price of its complementary good falls. ii) News reports claims that consumption of product X has harmful effect on human health. iii) Income of consumer increases,

Economic slowdown in some parts of the world has adversely affected demand for Indian exports. What will be its effect on the production possibilities frontier of India? Explain.

Let the production function of a firm be: Q=5L1/2K1/2 Find out the maximum possible output that the firm can produce with 100 units of L and 100 units of K.

Make a bar diagram of the following data on India's population: Year 1971 1981 1991 2001 2011 Population (crore) 54.8 68.3 84.6 102.8 121.0

नीचे दिए गए गद्यांश की संदर्भ सहित व्याख्या कीजिए-भट्ठे के उठते काले धुएँ ................ ज़िंदगी का एक पड़ाव था यह भट्ठा।

In which retail stores consumers are the owners?

An organisation has started using CFL's and Led's instead of bulbs and tubelights. Which values are attained by the organisation ?

The absolute value of the slope of a convex isoquant

What programmes has the government adopted to help the elderly people and poor and destitute women?

How does the nature of a commodity influence its price elasticity of demand? Explain.

Price elasticity is ______.

A physical quantity X is related to four measurable quantities a,b,c,d as X=a^2b^3c^{5/2}d^{-2} The percentage error in the measurement of a,b,c,d are 1%,2%,3%,4% respectively. If the value of X calculated on the basis of the abo

The atmospheric gas which can not produce green-house effect (a)nitrogen (b)H2O (c) carbon di oxide (d)ozo

What is the effect of income of demand for normal goods?

Which of the following were the features of the tariff system which destroyed the Indian economy?

What was John A. Pescud's opinion about best sellers? Why?

If the going concern concept is no longer valid, which of the following is true?

The supply curves of two firms 1 and 2 are given below. q1=3p−5, p≥5q2=6p−1, p≥2 Choose the correct option(s) about the market supply. All prices are in rupees.

Why does the author describe the contributions of science as remarkably poor?

Retrouvez la phrase.1. est/une/c'/femme.2. des/sont/ce/élèves.3. livre/c'/un/est.4. des/sont/stylos/ce.

What are some of the personal costs of unemployment?

25.Eluminate X from the eq : acosx + bsinx =c and dcosx + esinx = f

Complete the following table UnitofLabourAverageProduct(units)MarginalProduct(units) 1 8 − 2 10 − 3 − 10 4 9 − 5 − 4 6 7 −

a) Why is Total Variable Cost curve inverse S- shaped? b) What is Average Fixed Cost of a firm? Why is an Average Fixed Cost Curve a rectangular Hyperbola? Explain with help of a diagram.

Which system did Indian leaders finally decide to adopt?

Supposethe price elasticity of demand for a good is −0.2. How will theexpenditure on the good be affected if there is a 10% increase in itsprice?

At the time of independence, which of these sectors dominated in terms of the number of people?

Which of the following is true of the relationship between the marginal cost function and the average cost function?

For how many agricultural products does the government regulate the prices?