InterviewSolution
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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.
| 2201. |
What is unemployment |
| Answer» Unemployment is a situation in which a person is willing to get a job but is not able to get the job. | |
| 2202. |
What is limitations of economics? |
| Answer» | |
| 2203. |
How expenditure on education help in human capital formation |
| Answer» Human capital refers to stock of ‘skill and expertise’ embodied in humans. Human capital is as important as physical capital for economic development. Human capital formation is the process of adding to stock of human capital over time. Human capital can be developed through creation of skilled, trained and efficient labour force by providing better education, health care facilities, etc. Highly skilled people can create new ideas and methods of production. Thus, expenditure on education, on health and on on-job-training are key instruments of human capital formation.Expenditure on education is one of the most important way of enhancing and enlarging a productive workforce in the country. An educated individual has more knowledge and skills than an uneducated person. Hence, education imparts the necessary attitude and aptitude for adopting new technologies and efficient management practices which help in raising productivity. Education is an important factor in human capital formation which leads to higher efficiency and productivity in human beings and thus higher income and standard of living which again facilitates further investment in education and health.\xa0 | |
| 2204. |
what are the causes of poverty .explain in detail? |
| Answer» Poverty can be causedby some of the following reasons:\tLow lwvels of skill and education.\tIllness and infirmity.\tDiscrimination.The above three factors can be caused due to :\tSocial, economic and political inequality.\tUnemployment.\tSocial Exclusion.\tIndebtedness\tUnequal distribution of wealth.The su of individua poverty is the aggregate poverty. Economy wide problems can also be the factors causing poverty like:\tLack of infrastructure.\tLow capital formation.\tPressure of population.\tAbsence of social or welfare nets. | |
| 2205. |
What is ecomic activity |
| Answer» Economic activities refers to thoose activities which are done by the motive of only earning profit. | |
| 2206. |
types of histogram |
| Answer» \tUniform.\tBimodal.\tSymmetric.\tSkewed right.\tSkewed left.\tRandom.\tBell shaped. | |
| 2207. |
agriculture age of independence |
| Answer» | |
| 2208. |
What is arithmetic average |
| Answer» | |
| 2209. |
what do you mean by correlation |
| Answer» | |
| 2210. |
Give an example for positional average |
| Answer» | |
| 2211. |
How to find the series ? |
| Answer» | |
| 2212. |
Discuss the main drawbacks of our health care system? |
| Answer» | |
| 2213. |
Why were reforms introduced in india |
| Answer» | |
| 2214. |
How the 5 years plans effected on indian economic growth and development of the india? |
| Answer» They give a kick start to process of growth and development | |
| 2215. |
What is DA |
| Answer» | |
| 2216. |
What do you mean by privatisation? |
| Answer» | |
| 2217. |
Explain the role of micro-credit in meeting credit requirement of the poor |
| Answer» | |
| 2218. |
What is the most suitable average for qualitative measurement? |
| Answer» | |
| 2219. |
What is histogram |
| Answer» | |
| 2220. |
Describe human capital formation |
| Answer» | |
| 2221. |
Difference between relative poverty and absolute poverty |
| Answer» \tAbsolute PovertyRelative PovertyAny person not in a position to obtain essential commodities like food, shelter and clothing are said to experience absolute povertyRelative poverty does not concentrate on biological needs but rather makes a comparison between two people in the environmentIncome Level is considered in Absolute PovertyIt is not considered when measuring relative poverty as a person will still be considered poor despite meeting his.her basic needs\xa0Absolute poverty, however, does not include a broader quality of life issues or the overall level of inequality in society. What the concept fails to recognize is that individuals also have important social and cultural needs.Although people living in relative poverty are to an extent well-off compared to those living in absolute poverty, they still cannot afford the same standard of life as other people in society.Measured using Poverty LineMeasured Using the\xa0Gini-Coefficient\xa0and Lorenzo CurveIt is not possible to completely eradicate absolute\xa0There is a small margin of success where its eradication is concernedQuality of life is poor\xa0Quality of life is marginally better as those living under relative poverty have access to health care services\t | |
| 2222. |
What are deficit financing |
| Answer» | |
| 2223. |
Explain how education among women helps in reducing the birth rate |
| Answer» | |
| 2224. |
Case studies on public private partnership, outsourcing and outward foreign direct investment? |
| Answer» | |
| 2225. |
Total utility and marginal utility |
| Answer» Total Utility (TU): Total utility is the total satisfaction obtained from all units of a particular commodity consumed over a period of time. For example, a person consumes eggs and gains 50 utils of total utility. This total utility is the sum of utilities from the successive units (30 utils from the first egg, 15 utils from the second and 5 utils from the third egg).Summing up total utility is the amount of satisfaction (utility) obtained from consuming a particular quantity of a good or service within a given time period. It is the sum of marginal utilities of each successive unit of consumption.Formula: TUx = ∑MUxMarginal Utility (MU):Marginal utility means an additional or incremental utility. Marginal utility is the change in the total utility that results from unit one unit change in consumption of the commodity within a given period of time. For example, when a person increases the consumption of eggs from one egg to two eggs, the total utility increases from 30 utils to 45 utils. The marginal utility here would be the15 utils of the 2nd egg consumed.Marginal utility, thus, can also be described as difference between total utility derived from one level of consumption and total utility derived from another level of consumption.Formula: MU = ∆TU/ ∆Q | |
| 2226. |
Mention some policies and programmes taken by government of India to eradicate poverty? |
| Answer» One of the major programme started by government to eradicate poverty is Mahatma Gandhi National Rural employment Guarantee Act 2005 which provide promised 100 days wage employment to all the unemployed rural persons who wants a basic employment beside MNRega there are few policies other than this policy h is like Annapurna scheme , Indira Awas Yojana, Pradhan Mantri gramodaya Yojana swarnajayanti swarojgar Yojana etc | |
| 2227. |
What are sources from which data regarding unemployment in india is available? |
| Answer» | |
| 2228. |
Difference b/w the condition of inform al and formal sectors |
| Answer» | |
| 2229. |
What is known as disinvestment |
| Answer» Selling of an enterprise\'s shareto public to realise some money from the enterprise | |
| 2230. |
Features of new economic policy |
| Answer» | |
| 2231. |
When was the planning commission of India established? |
| Answer» March 15,1950 in NEW DELHI with prime minister Jawahar Lal Nehru as the chairman | |
| 2232. |
What do you mean by human capital and economic capital |
| Answer» | |
| 2233. |
What are economic data? |
| Answer» | |
| 2234. |
Explain the chapter inflation problem and policies in detail |
| Answer» | |
| 2235. |
Write the meaning and definition of economics |
| Answer» | |
| 2236. |
what were the two dwawback of the industrial sector during the colenial rule? |
| Answer» | |
| 2237. |
What are the postion or the status of adults and womes in india ? |
| Answer» | |
| 2238. |
Can you please explain me meaning of volume of india\'s foreign trade and composition of trade? |
| Answer» | |
| 2239. |
Write a note on swarn jayanti gram yojana |
| Answer» | |
| 2240. |
What are the tree indicators of inflation |
| Answer» GDP deflatorWPICPI | |
| 2241. |
What was the state of Indian agriculture at the time of independence |
| Answer» | |
| 2242. |
Write any three features of PPP? |
| Answer» Public private partnership | |
| 2243. |
How to solve in underroot |
| Answer» | |
| 2244. |
How to solve question of correlation |
| Answer» | |
| 2245. |
Means deviation from median of continuous series 10-20,20-30,30-40,40-50,50-60,60-70 |
| Answer» | |
| 2246. |
Assume meanethod |
| Answer» | |
| 2247. |
what demography |
| Answer» Demography is the science of vital and social statistics, as of the births, deaths, diseases, marriages, etc. of populations.Demography is the study of human populations - their size, composition and distribution across space – and the process through which populations change. Births, deaths and migration are the ‘big three’ of demography, jointly producing population stability or change. | |
| 2248. |
How migration promotes human capital formation? |
| Answer» Migration promotes human capital formation because gains of migration in terms of higher salaries are greater than the cost of migration. Implying that migration leads to human capital formation, through better utilisation of skills. | |
| 2249. |
How is monetary policy used as an instrument to control inflation? |
| Answer» | |
| 2250. |
How to calculate coffient and range |
| Answer» R=(xm-x0)/(xm+x0)Where,R is range of coefficient, xm is maximum value,x0 is minimum value | |