InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 951. |
How many elements were stated in the Washington Consensus? |
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Answer» How many elements were stated in the Washington Consensus? |
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| 952. |
If FOREX reserves are rising, which of the following could be the causes? |
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Answer» If FOREX reserves are rising, which of the following could be the causes? |
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| 953. |
Can a percentage be more than 100? |
| Answer» Can a percentage be more than 100? | |
| 954. |
The slope of the MR curve of a monopoly firm is 6. Then the slope of the demand curve is ___ |
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Answer» The slope of the MR curve of a monopoly firm is 6. Then the slope of the demand curve is |
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| 955. |
How does the wholesaler help the manufacturer in availing the economies of scale? |
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Answer» How does the wholesaler help the manufacturer in availing the economies of scale? |
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| 956. |
What is the best description of poverty? |
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Answer» What is the best description of poverty? |
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| 957. |
Explain briefly the problems faced by Indian farmers post Independence. |
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Answer» Explain briefly the problems faced by Indian farmers post Independence. |
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| 958. |
Plant macronutrients, carbon, oxygen and hydrgen constitute about __________ % of a plant's dry weight. |
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Answer» Plant macronutrients, carbon, oxygen and hydrgen constitute about __________ % of a plant's dry weight. |
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| 959. |
Demand for which of the following goods does not change with a change in income of the consumer? |
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Answer» Demand for which of the following goods does not change with a change in income of the consumer? |
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| 960. |
Give some examples of monopolistic competition. |
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Answer» Give some examples of monopolistic competition. |
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| 961. |
The marginal cost of the sixth unit of output is : OutputTC0240133024103480454056106690 |
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Answer» The marginal cost of the sixth unit of output is : |
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| 962. |
A ___ is a structure in which only one seller provides a good or service that has no close substitutes. |
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Answer» A |
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| 963. |
Which category would you classify India in? |
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Answer» Which category would you classify India in? |
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| 964. |
The market price of a pizza is Rs 300. Corresponding to an output of 120 units, the average total cost of producing a pizza is Rs 250. Calculate his total profit at this output level. |
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Answer» The market price of a pizza is Rs 300. Corresponding to an output of 120 units, the average total cost of producing a pizza is Rs 250. Calculate his total profit at this output level. |
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| 965. |
Swarna Jayanti Shahari Rojgar Yojana started in? |
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Answer» Swarna Jayanti Shahari Rojgar Yojana started in? |
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| 966. |
Explain briefly how international trade leads to misuse of natural resources. |
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Answer» Explain briefly how international trade leads to misuse of natural resources. |
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| 967. |
What will you say about MPP of a factor when TPP rises at diminishing rate? |
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Answer» What will you say about MPP of a factor when TPP rises at diminishing rate? |
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| 968. |
The ability of a firm (or group of firms) to raise and maintain a price above the level that would prevail under competition is referred to as ___ |
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Answer» The ability of a firm (or group of firms) to raise and maintain a price above the level that would prevail under competition is referred to as |
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| 969. |
When economics is studied at an aggregate level, it is called ___. |
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Answer» When economics is studied at an aggregate level, it is called |
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| 970. |
Explain the effect of an increase in the income of buyers of a normal commodity on its equilibrium price. |
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Answer» Explain the effect of an increase in the income of buyers of a normal commodity on its equilibrium price. |
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| 971. |
Explain why the demand curve facing a firm under monopolistic competition is negatively sloped. |
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Answer» Explain why the demand curve facing a firm under monopolistic competition is negatively sloped. |
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| 972. |
The reform of welcoming foreign investment falls under which of the following categories? |
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Answer» The reform of welcoming foreign investment falls under which of the following categories? |
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| 973. |
How does the government maintain regional balance in the country? |
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Answer» How does the government maintain regional balance in the country? |
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| 974. |
In which of these regions was the population growth restricted because of tropical diseases? |
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Answer» In which of these regions was the population growth restricted because of tropical diseases? |
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| 975. |
The British settlers in the US were dissatisfied with the British government of the colony. Why? |
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Answer» The British settlers in the US were dissatisfied with the British government of the colony. Why? |
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| 976. |
A traffic policeman at point P(3,5) wants to reach the nearest point Q on the road along the line 5x+6y=106 as early as possible to catch a defaulter. (i) Locate the position of Q. (ii) Find the distance PQ. (iii) What value is depicted by follow the traffic rules? |
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Answer» A traffic policeman at point P(3,5) wants to reach the nearest point Q on the road along the line 5x+6y=106 as early as possible to catch a defaulter. (i) Locate the position of Q. (ii) Find the distance PQ. (iii) What value is depicted by follow the traffic rules? |
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| 977. |
At each price level, different quantities of X will be supplied, then there will be a |
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Answer» At each price level, different quantities of X will be supplied, then there will be a |
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| 978. |
Discuss the features of Co-operative Stores as a large-scale retail store. |
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Answer» Discuss the features of Co-operative Stores as a large-scale retail store. |
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| 979. |
What percentage of the global burden of diseases does India bear? |
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Answer» What percentage of the global burden of diseases does India bear? |
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| 980. |
State any two roles played by small business in rural India |
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Answer» State any two roles played by small business in rural India |
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| 981. |
Which of the following is a feature of the Informal sector? |
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Answer» Which of the following is a feature of the Informal sector? |
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| 982. |
Explain briefly three features of perfect competition. |
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Answer» Explain briefly three features of perfect competition.
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| 983. |
____ are people who treat our illnesses. |
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Answer» ____ are people who treat our illnesses. |
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| 984. |
Which of the following departments of the Government of India are not under any Ministry? 1. Department of Disinvestment 2. Department of Space 3. Department of Pharmaceuticals 4. Department of Atomic Energy |
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Answer» Which of the following departments of the Government of India are not under any Ministry? 1. Department of Disinvestment 2. Department of Space 3. Department of Pharmaceuticals 4. Department of Atomic Energy |
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| 985. |
Suppose there was a 4% decrease in the price of a good, and as a result, the expenditure on the good increased by 2%. What can you say about the elasticity of demand? |
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Answer» Suppose there was a 4% decrease in the price of a good, and as a result, the expenditure on the good increased by 2%. What can you say about the elasticity of demand? |
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| 986. |
What are patent rights? |
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Answer» What are patent rights? |
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| 987. |
In a planned or command economy, all the economic decisions are taken by the: |
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Answer» In a planned or command economy, all the economic decisions are taken by the: |
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| 988. |
Q96) The World Economic Forum released its maiden Inclusive Growth and Development Report. Consider the following highlights of the report. 1) The report seeks to improve our understanding of how policy incentives and institutional mechanisms can be used to make economic growth more socially inclusive without dampening incentives to work, save and invest 2) There is considerable diversity in the achievement of inclusive growth only across the countries and not within the countries 3) There is no inherent trade-off in economic policymaking between the promotion of social inclusion and that of economic growth and competitiveness and it is possible to be pro-equity and pro-growth at the same time 4) Larger fiscal transfers are not necessarily incompatible with growth and competitiveness, but nor are they always the primary or most effective available option for broadening socioeconomic inclusion Which of the above statements are correct? |
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Answer» Q96) The World Economic Forum released its maiden Inclusive Growth and Development Report. Consider the following highlights of the report. 1) The report seeks to improve our understanding of how policy incentives and institutional mechanisms can be used to make economic growth more socially inclusive without dampening incentives to work, save and invest 2) There is considerable diversity in the achievement of inclusive growth only across the countries and not within the countries 3) There is no inherent trade-off in economic policymaking between the promotion of social inclusion and that of economic growth and competitiveness and it is possible to be pro-equity and pro-growth at the same time 4) Larger fiscal transfers are not necessarily incompatible with growth and competitiveness, but nor are they always the primary or most effective available option for broadening socioeconomic inclusion Which of the above statements are correct? |
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| 989. |
An increase in the demand for a good will cause |
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Answer» An increase in the demand for a good will cause |
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| 990. |
Jobless growth is a sitautaion when the level of output in the economy tends to rise without a proportionate rise in the opportunities of employment. What could be the contributing factor to this phenomenon? |
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Answer» Jobless growth is a sitautaion when the level of output in the economy tends to rise without a proportionate rise in the opportunities of employment. What could be the contributing factor to this phenomenon? |
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| 991. |
The demand curves for perfect competition, monopoly and monopolistic competition are respectively D, E and F. Arrange the demand curves in the order of increasing steepness. |
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Answer» The demand curves for perfect competition, monopoly and monopolistic competition are respectively D, E and F. Arrange the demand curves in the order of increasing steepness. |
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| 992. |
Explain the law of variable proportion with the help of total and marginal physical product curves schedule. |
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Answer» Explain the law of variable proportion with the help of total and marginal physical product curves schedule. |
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| 993. |
The duration of economic planning in India is: |
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Answer» The duration of economic planning in India is: |
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| 994. |
A rise in the average and marginal costs of production causes the supply curve of a commodity to shift towards the left at |
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Answer» A rise in the average and marginal costs of production causes the supply curve of a commodity to shift towards the left at |
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| 995. |
Explain the factors affecting market demand. |
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Answer» Explain the factors affecting market demand. |
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| 996. |
The slope of the TFC curve is equal to |
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Answer» The slope of the TFC curve is equal to |
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| 997. |
Explain the meaning and implications of maximum price ceiling and minimum price ceiling. |
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Answer» Explain the meaning and implications of maximum price ceiling and minimum price ceiling. |
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| 998. |
If a consumer has monotonic preferences, can she be indifferent between the bundles (10, 8) and (8, 6) ? |
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Answer» If a consumer has monotonic preferences, can she be indifferent between the bundles (10, 8) and (8, 6) ? |
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| 999. |
For a monopoly firm, if the profit-maximizing output level is Q and revenue-maximizing output level is R, then |
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Answer» For a monopoly firm, if the profit-maximizing output level is Q and revenue-maximizing output level is R, then |
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| 1000. |
Explain why the equilibrium price of a commodity is determined at that level of output at which its demand equals its supply? |
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Answer» Explain why the equilibrium price of a commodity is determined at that level of output at which its demand equals its supply? |
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