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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your Class 11 knowledge and support exam preparation. Choose a topic below to get started.
| 651. |
How is exchange rate determine in the foregin rate exchange .Explain? |
| Answer» | |
| 652. |
Half yearly question papers 2018 19 |
| Answer» | |
| 653. |
Frequency polygon |
| Answer» Frequency polygon are a graphical device for understanding the shape of distributions, they served the same purpose as histograms but especially help full for comparing sets of data frequency polygon are also a good choice for displaying cumulative frequency distribution | |
| 654. |
What are the need of economic planning in India? |
| Answer» | |
| 655. |
What is short run production function and long run production function? |
| Answer» Short Run :- It refers to a period in which output can be changed by changing only variable factors.Long Run :-It refers to a period in which output can be changed by changing all factors of production | |
| 656. |
how to present bar diagrams asswers |
| Answer» Through ur hands | |
| 657. |
fixed cost is constant even when output is zero. give reason |
| Answer» | |
| 658. |
Average revenue |
| Answer» Average revenue is the revenue generated per unit of output sold. | |
| 659. |
If condom sale increase population decrease will there is any change in supply curve? |
| Answer» How funny ????<br>?<br>Yes supply curve is change because the price of ----------- is dicrease<br>Funny ? | |
| 660. |
what would be the impact on TU ,if MU curve lies below x axis |
| Answer» Tu start diminishing means decreasing<br>TU starts falling | |
| 661. |
What is macroeconomics ? |
| Answer» If we studies of economic in agrregat leavel are known as macro.<br>Macro means large.macroeconomics is a subject matter that deals with economic issues related whole world<br>Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. | |
| 662. |
Difference between tvc and tfc |
| Answer» Cost incurred with variable inputs is known as tvc whereas cost incurred with fixed inputs is known as tfc<br>Tvc refers to those cost which vary with level of outputs Tfc refers to those cost which doesn\'t vary with level of outputs | |
| 663. |
WHAT IS PRODUCTION FUNCTION ❓❓❓❓❔❓❔❓❔❓ |
| Answer» It depicts relationship between factors of production (land, labour,capital)and total output<br>production function is the functional relationship between intput used and output produced by the firm.<br>Technical relation b/ w input used and output produced<br>It is Px,Pr,Y,taste and preference ,exceptation.<br>Techonological Realationship b/w physial input and physical output | |
| 664. |
Micro economics of 11 |
| Answer» Micro ecomics of 11 class subject is not avaiable<br>compelete the question | |
| 665. |
Who got 1st nobel price of economics in india? |
| Answer» AMARTYA SEN<br>In economics in india | |
| 666. |
Statistical methods are no substitute for common sense. Comment with examples from your daily life |
| Answer» | |
| 667. |
Define economic activity? |
| Answer» It refers to those activities which is performed by an individual with the main motive of earning profit.<br>Economic activity are those activity which are doing with a motive of profit. | |
| 668. |
Define economic activity |
| Answer» It is that activity which is undertaken with the motive of earning profit<br>Economic activity are those activity which is undertaken by an individual with the motive of earning profit. | |
| 669. |
What is meant by change to a factor |
| Answer» It is fact of the number | |
| 670. |
Steps for making lorenz curve |
| Answer» Economics is a subject matter that deals with economic problem related to human being<br>What is economic<br>Can you tell me the chapter of this question? | |
| 671. |
Define monopoly market |
| Answer» # Monopoly market is a market where there\'s only one seller of the commodity.# There are a number of buyers therefore no single buyer can affect the prices of the commodity, however in order to increase sales, the marketier has to decrease the prices,so the demand curve slopes downward.# There are a number of reasons for the monopoly element in the market,for eg,patents. | |
| 672. |
What is consumption ,production and distribution in statistics sense |
| Answer» The process of Usage goods and services for the satisfaction is called consumption. The process of producing goods and services with the motive of maximum profit is called production. Tge process of distributing income among labours is called distribution. | |
| 673. |
Budget line is negatively slope. Prove it |
| Answer» | |
| 674. |
Define elasticity of demand and explain with the help of graph for each of elastic demand |
| Answer» Elasticity of demand means change in demand due to change in price of the commodity and income of consumer. There are five cases of elasticity perfectly elastic, imperfect elastic, greater than 1, lower than one and elasticity is equal to one. These graph you can easily find in your book. | |
| 675. |
How to find d |
| Answer» Choose A from middle value series then subtract it from x | |
| 676. |
Hindi m nhi h |
| Answer» | |
| 677. |
Who is the father of stastics ? |
| Answer» I think its "ACCHANWALL GOTTFRIED"<br>Ronald Aylmer Fisher | |
| 678. |
What do you mean by production of cost |
| Answer» product cost generally refers to the financial costs incurred in the creation of a particular product. However, product cost can also be considered the cost of labor required to deliver a service. When you are coming up with a new idea one of the most important things you will need to figure out is the product cost. | |
| 679. |
explain the law of dimnishing marginal utility with the help of a utility scheduled |
| Answer» When a consumer consume a particular commodity continuously then the utility derived from successive unit start diminishing<br>Law of diminishing marfinal utility states that if we consume more and more quantities of a commodity so marginal utility must decline with each and every successive unit. | |
| 680. |
What is the difference between MRS And Bukitline |
| Answer» Mrs means marginal rate substitution .mrs refer to rate at which consumer consume one additional unit of another good<br>MRS is the ratio of sacrificed units to increase one more unit of another good. And I don\'t know what is buketline i think you are wrong i never heard about that. | |
| 681. |
what is sub divided bar diagram |
| Answer» In a sub-divided bar diagram each bar representing the magnitude of a given phenomenon is further sub-divided according to its various components. Each component occupies a part of the bar proportional to its share in the total | |
| 682. |
What is agreegrate demand |
| Answer» Aggregate demand is the economic measurement of sum total of all produced goods and services , expressed as the total amount of money exchange for those goods | |
| 683. |
Define bar diagram |
| Answer» Ok<br>Bar diagrams means one dimensional diagram<br>Representation of data graphically in the forms of rectangular shapes is called bar diagram. | |
| 684. |
What happens to TE on a commodity when its price rises and its demand is elastic |
| Answer» Can you explain me what is TE? | |
| 685. |
Relationship between tvc Tc and tfc with the help of diagram |
| Answer» Total cost is the sum total of total variavle cost and total fixed cost. Tvc curve is parallel to tc curve as the gap between them shows tfc. | |
| 686. |
Calculate the arithmetic mean for the following data by direct method. 1400,2000,3400,2700,4500 |
| Answer» 2800 i think | |
| 687. |
Who is producer |
| Answer» The person who produce goods to generate income.<br>The person who produce goods and services with the motive of profit is called producer. | |
| 688. |
Reasons for increasing returns to a factor |
| Answer» 1)Better coordination between factors 2) better use of factors 3) changable factors | |
| 689. |
What is income poverty? |
| Answer» income poverty is when a family\'s income fails to meet a federally established threshold that differs across countries. Typically it is measured with respect to families and not the individual, and is adjusted for the number of persons in a family. | |
| 690. |
Causes of diminishing returns to a factor |
| Answer» 1)fixity of factor (land) 2) imperfect substitute of factor 3) less coordination between the factors | |
| 691. |
How to produce? |
| Answer» It is a problem of choice when we have to select between consumer goods and capital goods ...both are important for gdp growth....consumer good helps in present growth whereas capital good helps in future growth...thats what is how to produce...... | |
| 692. |
Time series graph ALG |
| Answer» | |
| 693. |
Distinguished between positive and normative economics |
| Answer» Positive economy is that which deals with the issues based on present thing what is ,what was and what will be . It can be verified on truth .these statements do not reflect any value judgements or opinion. Normative economy is the economics of what ought to be. It deals with opinion of the economist related to economic issue . These Statements reflect judgement or opinions .it can not be verified as truth. | |
| 694. |
What do you mean by public sector |
| Answer» Private Sector and Public Sector There are all kinds of business organisations small or large organisation, privately owned or government owned existing.In our country. ... The departmental undertaking one of the departments of government. | |
| 695. |
Acknowgement about impact of digital india in indian economy |
| Answer» | |
| 696. |
Mean individual series qyestions |
| Answer» | |
| 697. |
Explain the condition for consumer equlibrium under indifference curve approach |
| Answer» | |
| 698. |
How does the change in income of the consumer affect the demand of the given good |
| Answer» In case of normal goods , rise in income leads to the increase in demand and fall in income leads to decrease in demand.In case of inferior goods, there is negative income effect. | |
| 699. |
write the brief note on international monetary fund (IMF)? |
| Answer» | |
| 700. |
How is RBI controlling the commercial bank? |
| Answer» RBI controls the commercial bank by setting interest rate which has to followed by commercial banks ......commercial bank cant charge more interest than prescribed by RBI...... | |