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.
| 2251. |
Is inflation chapter in syllabus or notClass XI CBSE BOARD |
| Answer» Inflation chapter is in syallbus of cbse board | |
| 2252. |
Correlation |
| Answer» Correlation is a combination b/n two variables. | |
| 2253. |
What is partition and its impact |
| Answer» | |
| 2254. |
What factors contribute to human capital formation |
| Answer» Skills,education and experienced without this there is no contribution in human capital formation. | |
| 2255. |
What do you mean by absolute poverty |
| Answer» | |
| 2256. |
What did five year plan envisaged?? |
| Answer» | |
| 2257. |
What did five year plan envisaged? |
| Answer» | |
| 2258. |
Formaula of Standard deviatation |
| Answer» | |
| 2259. |
Meaning aim & objectives of physical education & career opportunities |
| Answer» | |
| 2260. |
What do you mean by poverty? |
| Answer» Poverty implies inability to get minimum consumption requirements for life,health and efficiency .<br>Poverty is a multifaceted concept, which may include social, economic, and political elements. Absolute poverty, extreme poverty, or destitution refers to the complete lack of the means necessary to meet basic personal needs such as food, clothing and shelter.Poverty is defined as the condition where people\'s basic needs for food, clothing, and shelter are not being met.Poverty is generally of two types:(1) Absolute poverty is synonymous with destitution and occurs when people cannot obtain adequate resources (measured in terms of calories or nutrition) to support a minimum level of physical health. Absolute poverty means about the same everywhere, and can be eradicated as demonstrated by some countries.(2) Relative poverty occurs when people do not enjoy a certain minimum level of living standards as determined by a government (and enjoyed by the bulk of the population) that vary from country to country, sometimes within the same country. | |
| 2261. |
What is mixed economics? |
| Answer» An economic system or dual economy is that in which both the private enterprise and a degree of state monopoly (usually in public services, defense, infrastructure, and basic industries) coexist.All modern economies are mixed where the means of production are shared between the private and public sectors. | |
| 2262. |
Differentiate between casualisation and informalisation |
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| 2263. |
What is the mean |
| Answer» | |
| 2264. |
What is lorez cruv |
| Answer» | |
| 2265. |
What is human capital formation? |
| Answer» | |
| 2266. |
Why MY CBSE guide doesn\'t have economic in hindi |
| Answer» | |
| 2267. |
Oil prices are rising globally how will statistics help us to know how much oil should be imporised |
| Answer» 76 | |
| 2268. |
What is difference between histogram and bar diagram |
| Answer» Bar diagram are used when we are presenting discrete seris data and histogram are used when we are presenting continuous series data<br>Bar diagram is drawn by leaving space of a unit.But in histogram we don\'t leave space. We make it by drawing h kink first. | |
| 2269. |
Meaning of opportunity cost . |
| Answer» Second best alternative choice<br>It is the easiest definition in economics!Opportunity cost is the cost of next best alternative forgone.<br>A benefit, profit, or value of something that must be given up to acquire or achieve something else. Since every resource (land, money, time, etc.) can be put to alternative uses, every action, choice, or decision has an associated opportunity cost.Opportunity costs are fundamental costs in economics, and are used in computing cost benefit analysis of a project. Such costs, however, are not recorded in the account books but are recognized in decision making by computing the cash outlays and their resulting profit or loss. | |
| 2270. |
Sateties exercises |
| Answer» | |
| 2271. |
Distinguish between change in demand and change in quantity demand |
| Answer» When quantity demand changes due to only price it is change in quantity demend.When quantity demend changes due to any factor it is known as change in demand. | |
| 2272. |
Explain law of demand ? Using diagram |
| Answer» Law of demand states the inverse relationship between quantity demanded for a commodity and price of that commodity. | |
| 2273. |
Write the relative position of mean ,median and mode |
| Answer» 3 median = mode - 2 mean in statistics | |
| 2274. |
Difference between normative and positive economics |
| Answer» Positive economics - A positive economics science deals with "things as they are "these statements can be empirically verified as these are based upon facts these are not suggestive in nature these deals with realistic situations. Normative economics - These statements tell us "what ought to be " these tell how economic problems should be solved these deals with idealistic situations these statements cannot be empirically verified these are called suggestive in nature.<br>Normative economic is deals with what ought to be and how to be solved and also it cannot be verified actual data<br>Positive economic is deals with what are economic problem and how are actually solved and also it can be verified actual data | |
| 2275. |
Show the demand curve in case of perfectly inelastic demand? |
| Answer» | |
| 2276. |
Continuous series in modeCI10-2020-3030-4040-5050-6060-7070-8080-90Frequency 41025152322129 |
| Answer» 25<br>30-40 25 | |
| 2277. |
Diffrence between cardinal and ordinal utility |
| Answer» | |
| 2278. |
Different between iferior good and normal good |
| Answer» | |
| 2279. |
What is consumer equibilirium |
| Answer» When a consumer get higest level of satisfaction from two good with limited money income<br>The consumer is in equilibrium when given his income and market prices he plans his expenditure in such a manner that he maximise his satisfaction | |
| 2280. |
What is law of DMU |
| Answer» Dmu states that when we are consuming a particualr commodity again and again its satisfaction power goes on declining<br>law of DMU states that as we consume more and more units of a commodity, the satisfaction level for that commodity goes on decreasing | |
| 2281. |
Effect on ppc due to various government policy write in 350 to 4000 words |
| Answer» | |
| 2282. |
What do you mean by production possibility curve? Explain with example. |
| Answer» It is a graphical representation of the combination of two goods which can be produced with given technology and resources.<br>It is a graphical representation of two goods which can be produced with the available of resources<br>PPC is a curve showing different possible combination of two goods which can be produced with the available resources. The construction of PPC is based on these assumptions : 1. Resources are given. 2. Given resources are fully and efficiently utilised. 3.technology ( technique of production) remains constant. | |
| 2283. |
What is economic? explain simple words |
| Answer» Economic refer to those in which studies Human behaviour as a relationship between means(resource) and human wants | |
| 2284. |
What is budget line or budget set |
| Answer» Budget line is a graphical representation which shows all the possible combinations of the two goods that a consumer can buy with his given income and market prices of commodities. It is also called consumption possibility line.Budget set refers to the set of all possible combinations of the two goods which a consumer can afford\xa0at his given income and prices in the market. Equation of budget set is:PX.QX + PY.Qy{tex}\\leq{/tex}M,Where PX\xa0is the price of good XQX\xa0is the quantity of good XPY\xa0is the price of good YQY is the quantity of good Y. | |
| 2285. |
What are the demerits of mailing method |
| Answer» The main demerits of this method can be listed as follows:\tIt cannot be used for illiterate or uneducated respondents.\tRate of non-response is high in comparatively with other method.\tIf there is any confusion in the questionnaire, they cannot be solved.\tThere is inbuilt inflexibility.\tThe control over questionnaire may be lost once it is sent.\tIt is difficult to verify the accuracy of the answers given. This method is likely to be the slowest of all.\tThere is no scope for asking supplementary questions for cross checking of the information supplied by the respondents.\tInformants are not willing to give written information in their own, handwriting as certain personal questions like income, property, personal habits and so on. | |
| 2286. |
Q no 28 ( continuous series ) from NCERT chapter no.9 unsolved practicals i need full solve ans. |
| Answer» | |
| 2287. |
What is measures of central tendenc? |
| Answer» Mean, median and mode are the measures of central tendency. | |
| 2288. |
How to calculate mc |
| Answer» MC=TCn-TCn-1Or MC=TVCn-TVCn-1 | |
| 2289. |
The marks of 42 students.calculate the average marks |
| Answer» | |
| 2290. |
What is ordinal utility? |
| Answer» It explains that the satisfaction after consuming a good or service cannot be scaled in numbers, however, these things can be arranged in the order of preference. This theory was applied by Prof. J R Hicks ‘Utility’ is ranked on the basis of “satisfaction”<br>It refers to the utility which cannot be measured but can only be ranked. | |
| 2291. |
Source of secondary data |
| Answer» Newspapers, magazines , primary data collected , etc.<br>Secondary data means the data which is already collected by any institute or any associations. Source of secondary data is an agency or an government or an private publication | |
| 2292. |
Limitation of stats |
| Answer» Limitations of StatisticsThe important limitations of statistics are:\tStatistics laws are true on average. Statistics are aggregates of facts, so a single observation is not a statistic. Statistics deal with groups and aggregates only.\tStatistical methods are best applicable to quantitative data.\tStatistics cannot be applied to heterogeneous data.\tIf sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.\tOnly a person who has an expert knowledge of statistics can handle statistical data efficiently.\tSome errors are possible in statistical decisions. In particular, inferential statistics involves certain errors. We do not know whether an error has been committed or not.\xa0 | |
| 2293. |
Is it necessary to consider Px=Py in case of two commodities to reach consumers equilibrium |
| Answer» Yes because without this situation mux/px=muy/py will not there | |
| 2294. |
What is the limitations of textual presentai |
| Answer» | |
| 2295. |
Difference between opportunity cost and marginal opportunity cost |
| Answer» Opportunity cost - when we have 100rs. In the given price of 100rs. We can buy jwar or bajjra. If we buy jwar the opportunity of buying bajjra lose .. This is known as opportunity cost..Marginal cost - the opportunity of consuming one additional (marginal) commodity by substituting other commodityis known as marginal cost.. | |
| 2296. |
Fundamental problem of economics is..? |
| Answer» | |
| 2297. |
What is microeconomisc and macroeconomics |
| Answer» Differences between microeconomics and macroeconomics are given below\tBasisMicroeconomicsMacroeconomicsMeaningMicroeconomics studies economic issues and problems at the level of an individual\xa0firm, an individual household etc.Macroeconomics studies economic issues and problems at the level of the economy as a whole.Tools\xa0Demand and supplyAggregate demand and aggregate supplyConcernIt is basically concerned with the determination of output and price for an individual firm or industry.It is basically concerned with the determination of aggregate output and general price level in the economy as a whole.FocusIts focus is on the maximization of individual\'s gain.Its focus is on the maximization of social welfare.ScopeIt has a narrow scope, i.e. an individual person, an individual market etc.It has a very wide scope, i.e. a country.Other nameIt is also known as Price TheoryIt is also known as Income and Employment Theory.ExamplesIndividual income, individual output.National income, national output.\t | |
| 2298. |
Realtion between TC TVC and TFC |
| Answer» | |
| 2299. |
Ek ache sarni ke bisestA |
| Answer» | |
| 2300. |
What is meant by price elasticity of demand ? |
| Answer» Is the % change in quantity demanded with respect to % change in factor affecting<br>It means degree of responsiness of a consumer on change price of a commodity | |