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1651.

Explain the relationship between the marginal products and the total product of an input.

Answer»

Explain the relationship between the marginal products and the total product of an input.

1652.

State the factors against social responsibility.

Answer»

State the factors against social responsibility.

1653.

Explain 'large number of buyers and sellers' as a feature of perfectly competitive markets.

Answer»

Explain 'large number of buyers and sellers' as a feature of perfectly competitive markets.

1654.

Improvement in the technology of production of a firm causes a supply curve to shift towards the ___

Answer»

Improvement in the technology of production of a firm causes a supply curve to shift towards the ___

1655.

Suez canal is a waterway connecting ________

Answer»

Suez canal is a waterway connecting ________


1656.

The price elasticity of demand is a negative number. This means:

Answer»

The price elasticity of demand is a negative number. This means:


1657.

According to the Economic Survey, Growth in the industry sector accelerated during the current year due to

Answer»

According to the Economic Survey, Growth in the industry sector accelerated during the current year due to


1658.

If a firm sells its output on a market that is characterized by many sellers and buyers, a differentiated product, and unlimited long-run resource mobility, then the firm is ______

Answer»

If a firm sells its output on a market that is characterized by many sellers and buyers, a differentiated product, and unlimited long-run resource mobility, then the firm is ______


1659.

Which of the following countries first adopted a "Planning Commission"?

Answer»

Which of the following countries first adopted a "Planning Commission"?


1660.

While India had immensely benefitted from the Green Revolution, the technology involved was not free from risks. Can you mention one such risk on the basis of value or importance given to farmers?

Answer»

While India had immensely benefitted from the Green Revolution, the technology involved was not free from risks. Can you mention one such risk on the basis of value or importance given to farmers?


    1661.

    The short-run supply curve starts from the _______

    Answer»

    The short-run supply curve starts from the _______


    1662.

    At which of the following points is the quantity demanded and quantity supplied equal?

    Answer»

    At which of the following points is the quantity demanded and quantity supplied equal?


    1663.

    Which of these increases skill and productivity of labor?

    Answer»

    Which of these increases skill and productivity of labor?


    1664.

    Self -employment programmes include:

    Answer»

    Self -employment programmes include:


    1665.

    The Washington Consensus is:

    Answer»

    The Washington Consensus is:


    1666.

    A good is an inferior good for one and at the same time normal good for another consumer. Do you agree? Explain. Or Price elasticity of demand for flowers and toys are respectively (-) 0.9 and (-) 0.5. Demand for which one is more elastic and why?

    Answer»

    A good is an inferior good for one and at the same time normal good for another consumer. Do you agree? Explain.

    Or

    Price elasticity of demand for flowers and toys are respectively (-) 0.9 and (-) 0.5. Demand for which one is more elastic and why?

    1667.

    After the reforms, FDI in the country has:

    Answer»

    After the reforms, FDI in the country has:


    1668.

    If the firms are earning supernormal profits, how will the number of firms in the industry change?

    Answer»

    If the firms are earning supernormal profits, how will the number of firms in the industry change?

    1669.

    You have unlimited wants and limited resources to satisfy them. Explain by giving two examples.

    Answer»

    You have unlimited wants and limited resources to satisfy them. Explain by giving two examples.

    1670.

    Let P(x1, y1, z1) and Q(x2, y2, z2) be two points and let R(x, y, z) be a point on PQ dividing it in the ratio m:n. Prove that x=mx2+nx1m+n, y=my2+ny1m+n and z=mz2+nz1m+n.

    Answer»

    Let P(x1, y1, z1) and Q(x2, y2, z2) be two points and let R(x, y, z) be a point on PQ dividing it in the ratio m:n. Prove that
    x=mx2+nx1m+n, y=my2+ny1m+n and z=mz2+nz1m+n.

    1671.

    On the death of his father, Imran joined his father’s partnership firm, he was a minor partner. On becoming major, he closely observed the following practices in the firm. (i) Overbilling the invoice. (ii) Sales tax evasion. (iii) Showing higher amount of wages in book of accounts but actually paying low amount. (iv) Undervaluation of the stock than actually available. Identify the values affected here.

    Answer»

    On the death of his father, Imran joined his father’s partnership firm, he was a minor partner. On becoming major, he closely observed the following practices in the firm.
    (i) Overbilling the invoice.
    (ii) Sales tax evasion.
    (iii) Showing higher amount of wages in book of accounts but actually paying low amount.
    (iv) Undervaluation of the stock than actually available.

    Identify the values affected here.

    1672.

    The angle through which the outer edge is raised above the inner edge is called

    Answer»

    The angle through which the outer edge is raised above the inner edge is called


    1673.

    Why did US adopt the UK's technology readily?

    Answer»

    Why did US adopt the UK's technology readily?


    1674.

    Shalini sells lemonades at Rs 10 per glass. If she sells 300 glasses, what is her total revenue?

    Answer»

    Shalini sells lemonades at Rs 10 per glass. If she sells 300 glasses, what is her total revenue?


    1675.

    A firm is operating with a Total Variable Cost of Rs 500 when 5 units of the given output are produced and the Total Fixed Costs are Rs 200, what will be the Average Total Cost of producing 5 units of output? i) Rs 140 ii) Rs 100 iii) Rs 120 iv) Rs 300

    Answer»

    A firm is operating with a Total Variable Cost of Rs 500 when 5 units of the given output are produced and the Total Fixed Costs are Rs 200, what will be the Average Total Cost of producing 5 units of output?
    i) Rs 140 ii) Rs 100 iii) Rs 120 iv) Rs 300

    1676.

    The TR curve meets the TC curve at 250 units of output. The slope of the TR curve is Rs 50. If the average variable cost per unit is Rs 25 at 250 units of output, what is the total fixed cost?

    Answer»

    The TR curve meets the TC curve at 250 units of output. The slope of the TR curve is Rs 50. If the average variable cost per unit is Rs 25 at 250 units of output, what is the total fixed cost?


    1677.

    What is environment? What is environmental pullution ?

    Answer»

    What is environment? What is environmental pullution ?

    1678.

    What do you understand by a sole proprietorship firm? Explain its merits and limitations.

    Answer»

    What do you understand by a sole proprietorship firm? Explain its merits and limitations.

    1679.

    For a monopolist, the total revenue (TR) _________.

    Answer»

    For a monopolist, the total revenue (TR) _________.


    1680.

    The price and sales of sugar both increase. What could be the cause of this?

    Answer»

    The price and sales of sugar both increase. What could be the cause of this?


    1681.

    When the quantity demanded does not change as a result of change in the price of a commodity, the demand of that commodity is called

    Answer»

    When the quantity demanded does not change as a result of change in the price of a commodity, the demand of that commodity is called


    1682.

    Will the monopolist firm continue to produce in the short run if a loss is incurred at the best short run level of output?

    Answer»

    Will the monopolist firm continue to produce in the short run if a loss is incurred at the best short run level of output?

    1683.

    The following table gives the total cost schedule of a firm. It is also given that the average fixed cost at 4 units of output is Rs. 5. Find the TVC, TFC, AVC, AFC, SAC and SMC schedules of the firm for the corresponding values of output. Q123456TC50657595130185

    Answer»

    The following table gives the total cost schedule of a firm. It is also given that the average fixed cost at 4 units of output is Rs. 5. Find the TVC, TFC, AVC, AFC, SAC and SMC schedules of the firm for the corresponding values of output.

    Q123456TC50657595130185

    1684.

    In November of 2010, the US Central Bank, the Federal Reserve, embarked on a policy of quantitative easing. Since this policy essentially represents an increase in the supply of money, it may create inflationary expectations. Let’s assume (and this is a strong assumption), that as a result of this polic y, US households start to expect inflation (price increases) in the housing market. The effect on the housing market will be:

    Answer»

    In November of 2010, the US Central Bank, the Federal Reserve, embarked on a policy of quantitative easing. Since this policy essentially represents an increase in the supply of money, it may create inflationary expectations. Let’s assume (and this is a strong assumption), that as a result of this polic y, US households start to expect inflation (price increases) in the housing market. The effect on the housing market will be:


    1685.

    A rule based fiscal policy by limiting government debt, fiscal deficit and revenue deficit to certain targets is good for fiscal consolidation in India. Elucidate this statement with different government initiatives for improving fiscal consolidation.

    Answer» A rule based fiscal policy by limiting government debt, fiscal deficit and revenue deficit to certain targets is good for fiscal consolidation in India. Elucidate this statement with different government initiatives for improving fiscal consolidation.
    1686.

    Explain the problem of fuller utilisation of resources with the help of the production possibility curve.

    Answer»

    Explain the problem of fuller utilisation of resources with the help of the production possibility curve.

    1687.

    Economies of scale are of two kinds:

    Answer»

    Economies of scale are of two kinds:


    1688.

    Q14. Consider the following statements about Nirbhaya Fund: 1. The Ministry of Finance had set up a dedicated fund called Nirbhaya Fund in 2013. 2. The Ministry of Finance had set up a dedicated fund called Nirbhaya Fund in 2013. 3. It is a lapsable corpus fund. Which of the above statements are correct?

    Answer»

    Q14. Consider the following statements about Nirbhaya Fund:

    1. The Ministry of Finance had set up a dedicated fund called Nirbhaya Fund in 2013.

    2. The Ministry of Finance had set up a dedicated fund called Nirbhaya Fund in 2013.

    3. It is a lapsable corpus fund.

    Which of the above statements are correct?


    1689.

    Explain the implications of the following features of perfect competition: (a) large number of buyers and sellers (b) freedom of entry and exit to firms

    Answer»

    Explain the implications of the following features of perfect competition:

    (a) large number of buyers and sellers

    (b) freedom of entry and exit to firms

    1690.

    Who organised into a Communist Party in the Russian Revolution?

    Answer»

    Who organised into a Communist Party in the Russian Revolution?


    1691.

    An increase in the supply of a good will cause

    Answer»

    An increase in the supply of a good will cause


    1692.

    A certain company has 80 employees who are engineers. In this company, engineers constitute 40% of its work force. How many people are employed in the company?

    Answer» A certain company has 80 employees who are engineers. In this company, engineers constitute 40% of its work force. How many people are employed in the company?
    1693.

    Which crop benefited from the Green Revolution?

    Answer»

    Which crop benefited from the Green Revolution?


    1694.

    At the market price of Rs 10, a firm supplies 4 units of output. The market price increases to Rs 30. The price elasticity of the firm’s supply is 1.25. What quantity will the firm supply at the new price?

    Answer»

    At the market price of Rs 10, a firm supplies 4 units of output. The market price increases to Rs 30. The price elasticity of the firm’s supply is 1.25. What quantity will the firm supply at the new price?


    1695.

    Shalini set up a lemonade stand during her school's annual fest. She spent Rs 2000 to set up the stand. On an average, the cost of creating a glass of lemonade is Rs 5/glass. If she made 300 glasses of lemonade, what is her total cost?

    Answer»

    Shalini set up a lemonade stand during her school's annual fest. She spent Rs 2000 to set up the stand. On an average, the cost of creating a glass of lemonade is Rs 5/glass. If she made 300 glasses of lemonade, what is her total cost?


    1696.

    Q63. Consider the following statement about The Kisan Credit Card. 1. It is implemented by Cooperative Banks only. 2. Its components are term credit and consumption loans 3. It mitigates the vulnerability of farmers to middlemen. Which of the above statement(s) is/are correct?

    Answer»

    Q63. Consider the following statement about The Kisan Credit Card.

    1. It is implemented by Cooperative Banks only.

    2. Its components are term credit and consumption loans

    3. It mitigates the vulnerability of farmers to middlemen.

    Which of the above statement(s) is/are correct?


    1697.

    If α0,α1,α2,....................α9 be the roots of the equation x10 -1 = 0. Find the value of ∑9i=012−αi (Neglect the decimal part of your answer write only integer part) ___

    Answer»

    If α0,α1,α2,....................α9 be the roots of the equation x10 -1 = 0. Find the value of 9i=012αi (Neglect the decimal part of your answer write only integer part)


    ___
    1698.

    Which of the following is the backward shift in the demand curve?

    Answer»

    Which of the following is the backward shift in the demand curve?


    1699.

    Which of the following statements are correct with reference to the zamindari system: i) The profit accruing out of the agriculture sector was proposed to go to the cultivators. ii) The main interest of the zamindars was only to collect rent regardless of the economic condition of the cultivators.

    Answer»

    Which of the following statements are correct with reference to the zamindari system:

    i) The profit accruing out of the agriculture sector was proposed to go to the cultivators.

    ii) The main interest of the zamindars was only to collect rent regardless of the economic condition of the cultivators.


    1700.

    How does external trade help in stabilizing the prices of a product ?

    Answer»

    How does external trade help in stabilizing the prices of a product ?