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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.
| 801. |
When C = 100 + 0.5Y and Y = 1,000, autonomous consumption will be: |
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Answer» When C = 100 + 0.5Y and Y = 1,000, autonomous consumption will be: |
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| 802. |
Prove that |
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Answer» Prove that |
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| 803. |
Sugars with their sweetness index? |
| Answer» Sugars with their sweetness index? | |
| 804. |
Q2. Consider the following statements related to National Investment and Infrastructure Fund (NIIF): 1. NIIF is registered with SEBI as Category II Alternative Investment Fund (AIF). 2. The Purpose of the fund is to receive disinvestment proceeds of central public sector enterprises. 3. 5% of the total funds collected in it becomes a part of Consolidated Fund of India. Which of the above statement(s) is/are correct? |
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Answer» Q2. Consider the following statements related to National Investment and Infrastructure Fund (NIIF): 1. NIIF is registered with SEBI as Category II Alternative Investment Fund (AIF). 2. The Purpose of the fund is to receive disinvestment proceeds of central public sector enterprises. 3. 5% of the total funds collected in it becomes a part of Consolidated Fund of India. Which of the above statement(s) is/are correct? |
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| 805. |
A regressive tax causes a greater real burden on the rich. State true or false, and explain. |
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Answer» A regressive tax causes a greater real burden on the rich. State true or false, and explain. |
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| 806. |
Some of the measures suggested to curtail inflation are: 1. Restricting public expenditure 2. Mopping up increased liquidity through taxation or savings 3. Strengthening public distribution system Which of the above statements are correct? |
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Answer» Some of the measures suggested to curtail inflation are: |
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| 807. |
The emerging economies of China and India have great potential to challenge the unipolar world. Do you agree with the statement? Substantiate your arguments |
| Answer» The emerging economies of China and India have great potential to challenge the unipolar world. Do you agree with the statement? Substantiate your arguments | |
| 808. |
To adjust GDP from market prices to factor cost |
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Answer» To adjust GDP from market prices to factor cost |
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| 809. |
what role does the social enviroment paly in ensuring good health |
| Answer» what role does the social enviroment paly in ensuring good health | |
| 810. |
30. A and B have 3 and 5 pieces of bread respectively. They share their food with C who pays them 32. If each of them got equal bread, find A's share? |
| Answer» 30. A and B have 3 and 5 pieces of bread respectively. They share their food with C who pays them 32. If each of them got equal bread, find A's share? | |
| 811. |
How is BoP deficit or BoP surplus estimated? |
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Answer» How is BoP deficit or BoP surplus estimated? |
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| 812. |
Giving reasons state whether the following statements are true or false: (a) When marginal propensity to consume is zero, the value of investment multiplier will be 1. (b) If the ratio of marginal propensity to consume and marginal propensity to save is 4: 1, the value of investment multiplier will be 4. (c) AD curve starts from X-axis. |
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Answer» Giving reasons state whether the following statements are true or false: (a) When marginal propensity to consume is zero, the value of investment multiplier will be 1. (b) If the ratio of marginal propensity to consume and marginal propensity to save is 4: 1, the value of investment multiplier will be 4. (c) AD curve starts from X-axis. |
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| 813. |
Bale and Yale are equal partners of a firm. They decide to dissolve their partnership on 31st March,2018 at which date their Balance Sheet stood as: Liabilities ₹ Assets ₹ Capital A/cs: Building 45,000 Bale 50,000 Machinery 15,000 Yale 40,000 90,000 Furniture 12,000 General Reserve 8,000 Debtors 8,000 Bale's Loan A/c 3,000 Stock 24,000 Creditors 14,000 Bank 11,000 1,15,000 1,15,000 (a) The assets realised were:Stock ₹ 22,000; Debtors ₹ 7,500; Machinery ₹ 16,000; Building ₹ 35,000.(b) Yale took over the Furniture at ₹ 9,000.(c) Bale agreed to accept ₹ 2,500 in full settlement of his Loan Account .(d) Dissolution Expenses amounted to ₹ 2,500.Prepare the:(i) Realisation Account; (ii) Capital Accounts of Partners;(iii) Bale's Loan Account; (iv) Bank Account. |
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Answer» Bale and Yale are equal partners of a firm. They decide to dissolve their partnership on 31st March,2018 at which date their Balance Sheet stood as:
(a) The assets realised were: Stock ₹ 22,000; Debtors ₹ 7,500; Machinery ₹ 16,000; Building ₹ 35,000. (b) Yale took over the Furniture at ₹ 9,000. (c) Bale agreed to accept ₹ 2,500 in full settlement of his Loan Account . (d) Dissolution Expenses amounted to ₹ 2,500. Prepare the: (i) Realisation Account; (ii) Capital Accounts of Partners; (iii) Bale's Loan Account; (iv) Bank Account. |
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| 814. |
A budget surplus is: |
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Answer» A budget surplus is: |
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| 815. |
As marginal propensity to consume rises, the multiplier: |
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Answer» As marginal propensity to consume rises, the multiplier: |
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| 816. |
Who agreed to loan funds to help India recover from its BOP Crisis? |
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Answer» Who agreed to loan funds to help India recover from its BOP Crisis? |
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| 817. |
How can the budget be used for fulfilling the objective of economic equality? |
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Answer» How can the budget be used for fulfilling the objective of economic equality? |
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| 818. |
A. To be culturally literate is to possess the basic information needed to thrive in the modern world. B. Nor is it confined to one social class; quite the contrary. C. It is by no means confined to "culture" narrowly understood as an acquaintance with the arts. D. Cultural literacy constitutes the only sure avenue of opportunity for disadvantaged children, the only reliable way of combating the social determinism that now condemns them. E. The breadth of that information is great, extending over the major domains of human activity from sports to science. |
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Answer» A. To be culturally literate is to possess the basic information needed to thrive in the modern world. |
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| 819. |
CAD (current account deficit) can be managed through import substitution. Do you agree? |
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Answer» CAD (current account deficit) can be managed through import substitution. Do you agree? |
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| 820. |
Calculate amount of medicines consumed during the year ended 31st March, 2019: ₹ Opening Stock of Medicines 1,00,000 Opening Creditors for Medicines 90,000 Cash purchases of Medicines during the year 3,00,000 Closing Stock of Medicines 1,50,000 Closing Creditors for Medicines 1,30,000 |
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| 821. |
The composition of foreign trade of any country tells us about the nature of commodities that are exported and imported. What can you state about the composition of India's foreign trade at the time of Independence? |
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Answer» The composition of foreign trade of any country tells us about the nature of commodities that are exported and imported. |
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| 822. |
The President drafts a budget proposal with new tax cuts and increases in government spending and has it passed by the Parliament. This would be an example of: |
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Answer» The President drafts a budget proposal with new tax cuts and increases in government spending and has it passed by the Parliament. This would be an example of: |
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| 823. |
[dummy to be removed] The propensity to save means |
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Answer» [dummy to be removed] The propensity to save means |
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| 824. |
The function by which money acts as a standard measure of market value for goods, services and other transactions is called ___. |
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Answer» The function by which money acts as a standard measure of market value for goods, services and other transactions is called |
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| 825. |
Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources. |
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Answer» Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources. |
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| 826. |
If the value of the multiplier is 4, what will be the effect on the income of an economy if investment increases by Rs 100 crore? |
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Answer» If the value of the multiplier is 4, what will be the effect on the income of an economy if investment increases by Rs 100 crore? |
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| 827. |
Which of the following is not part of AYUSH? |
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Answer» Which of the following is not part of AYUSH? |
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| 828. |
Q34. India is not a member of which of the following groups? |
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Answer» Q34. India is not a member of which of the following groups? |
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| 829. |
What is repo rate? |
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Answer» What is repo rate? |
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| 830. |
Money being a store of value implies that: |
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Answer» Money being a store of value implies that: |
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| 831. |
As an ecosystem, wetlands are useful for which of the following? |
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Answer» As an ecosystem, wetlands are useful for which of the following? |
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| 832. |
Is borrowing by the government a revenue receipt? |
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Answer» Is borrowing by the government a revenue receipt? |
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| 833. |
Explain with examples, the various dimensions of business environment. |
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Answer» Explain with examples, the various dimensions of business environment. |
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| 834. |
f(x)=1/x what is the range of this function |
| Answer» f(x)=1/x what is the range of this function | |
| 835. |
It has been argued by behavioral economists in all earnestness that poverty shapes mindsets. From here, it is a hop, skip, and jump to holding that the poor are poor because their poverty prevents them from thinking and acting in ways that can take them out of poverty. When behaviorist economics speaks of poverty as a “cognitive tax”, it writes ‘action’ — the political agency of the poor — out of the equation. In such a case, the focus as well as the onus of poverty-alleviation would shift from the state — from macroeconomic policy, from having to provide employment, health and education — to changing the behavior of the poor. The structural causes of poverty — rising inequality and unemployment — as well as the behavior of the owners of capital are evicted from the poverty debate, and no longer need be the focus of public policy. Which of these options best summarizes the given paragraph? |
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Answer» It has been argued by behavioral economists in all earnestness that poverty shapes mindsets. From here, it is a hop, skip, and jump to holding that the poor are poor because their poverty prevents them from thinking and acting in ways that can take them out of poverty. When behaviorist economics speaks of poverty as a “cognitive tax”, it writes ‘action’ — the political agency of the poor — out of the equation. In such a case, the focus as well as the onus of poverty-alleviation would shift from the state — from macroeconomic policy, from having to provide employment, health and education — to changing the behavior of the poor. The structural causes of poverty — rising inequality and unemployment — as well as the behavior of the owners of capital are evicted from the poverty debate, and no longer need be the focus of public policy. Which of these options best summarizes the given paragraph? |
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| 836. |
Can you think of a situation when money plays no role whatsoever? |
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Answer» Can you think of a situation when money plays no role whatsoever? |
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| 837. |
The effective multiplier is(are) given by |
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Answer» The effective multiplier is(are) given by |
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| 838. |
___ (Rural/Urban) people account for about 75% of the total population. |
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Answer» |
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| 839. |
What is meant by 'indirect channels of distribution'? Explain any two methods of indirect channels of distribution. |
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Answer» What is meant by 'indirect channels of distribution'? Explain any two methods of indirect channels of distribution. |
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| 840. |
What is the idea behind various poverty alleviation programmes implemented by the government? |
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Answer» What is the idea behind various poverty alleviation programmes implemented by the government? |
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| 841. |
A certain quantity of ideal gas takes up 60 J of heat in the process AB and 360 J in the process AC. What is the number of degrees of freedom of the gas. (Answer upto two digit after decimal point) |
Answer» A certain quantity of ideal gas takes up 60 J of heat in the process AB and 360 J in the process AC. What is the number of degrees of freedom of the gas. (Answer upto two digit after decimal point)
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| 842. |
Explain how the introduction of money has led to the expansion of markets. |
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Answer» Explain how the introduction of money has led to the expansion of markets. |
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| 843. |
What are autonomous items? |
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Answer» What are autonomous items? |
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| 844. |
Which of the following identities holds true? |
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Answer» Which of the following identities holds true? |
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| 845. |
Give that, S = - 25 + 0.5Y and I = 5,000, find equilibrium Y and equilibrium C. |
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Answer» Give that, S = - 25 + 0.5Y and I = 5,000, find equilibrium Y and equilibrium C. |
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| 846. |
Find out the appropriate word which fits the 6th blank. |
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Answer» Find out the appropriate word which fits the 6th blank. |
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| 847. |
Explain the functions of a commercial bank. |
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Answer» Explain the functions of a commercial bank. |
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| 848. |
RBI grants ‘in-principle’ approval to 10 applicants for Small Finance Banks. Consider the following statements regarding Small Finance Banks: 1) Small Finance Banks aim to address financial inclusion. 2) The minimum paid-up capital requirement for these banks would be Rs 100 crore only. 3) At least 50% of the loans should constitute loans and advances of up to Rs 25 lakhs. Which of the above statements are correct? |
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Answer» RBI grants ‘in-principle’ approval to 10 applicants for Small Finance Banks. Consider the following statements regarding Small Finance Banks: 1) Small Finance Banks aim to address financial inclusion. 2) The minimum paid-up capital requirement for these banks would be Rs 100 crore only. 3) At least 50% of the loans should constitute loans and advances of up to Rs 25 lakhs. Which of the above statements are correct? |
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| 849. |
Explain the various causes of unemployment in India. |
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Answer» Explain the various causes of unemployment in India. |
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| 850. |
Achal and Vichal were partners in a firm sharing profits in the ratio of 3 : 5 . On 31st March, 2018 their Balance Sheet was as follows: Liabilities ₹ Assets ₹ Capital A/cs: Land and Building 4,00,000 Achal 3,00,000 Machinery 3,00,000 Vichal 5,00,000 8,00,000 Debtors 2,22,000 1,79,000 Cash at Bank 78,000 21,000 10,00,000 10,00,000 The firm was dissolved on 1st April,2018 and the Assets and Liabilities were settled as follows :(a) Land and Building b realised ₹ 4,30,000.(b) Debtors realised ₹ 2,25,000 (with interest) and ₹ 1,000 were recovered for Bad Debts written off last year .(c) There was an Unrecorded Investment which was sold for ₹ 25,000.(d) Vichal took over Machinery at ₹ 2,80,000 for cash.(e) 50% of the Creditors were paid ₹ 4,000 less in full settlement and the remaining Creditors were paid full amount .Pass necessary journal entries for dissolution of the firm. |
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Answer» Achal and Vichal were partners in a firm sharing profits in the ratio of 3 : 5 . On 31st March, 2018 their Balance Sheet was as follows:
The firm was dissolved on 1st April,2018 and the Assets and Liabilities were settled as follows : (a) Land and Building b realised ₹ 4,30,000. (b) Debtors realised ₹ 2,25,000 (with interest) and ₹ 1,000 were recovered for Bad Debts written off last year . (c) There was an Unrecorded Investment which was sold for ₹ 25,000. (d) Vichal took over Machinery at ₹ 2,80,000 for cash. (e) 50% of the Creditors were paid ₹ 4,000 less in full settlement and the remaining Creditors were paid full amount . Pass necessary journal entries for dissolution of the firm. |
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