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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.
| 2301. |
Diff b/w Census and Sample Method |
| Answer» Stats ki t.r. jain ke pge no 55 pr ye question h already in breif xplaination | |
| 2302. |
Explain consumer equlibrium |
| Answer» | |
| 2303. |
Define questionnaire method in easy language.? |
| Answer» The entire information is recorded by the informants themselves its called questionnaire<br>Iska answer already book mein h | |
| 2304. |
What is marginal utility of money in simple languages |
| Answer» Marginal utility of money refers to utility that the consumer expects to obtain from A standard basket of goods which human can buy for A rupee. | |
| 2305. |
Explain the problem of for whom to produce |
| Answer» The problem for whom to produce involves the distribution of final products to eCh individual in the economy i.e to select the group of people who will ultimately consume the product i.e to decide whether to produce goods for more poor,less rich or less poor, more rich .it has two aspects 1 personal distribution 2 functional distribution<br>The problem of for whom to produce means the good and services are produced for which category of people who consumes it.<br>the problem of for whom to produce is for rich person or poor people rich have savings and income but poor has not | |
| 2306. |
Explain the role of mnc to developing country? |
| Answer» | |
| 2307. |
I want answers of question paper of economic 2019 set 1 |
| Answer» | |
| 2308. |
What is producer equilibrium explain with example |
| Answer» | |
| 2309. |
What is central problem of an economy |
| Answer» 1.What to produce2.How to produce3.For whom to produce | |
| 2310. |
What is meant by statistical average? What are its types? |
| Answer» | |
| 2311. |
Please tell me the important questions from micro economics |
| Answer» In ch.1 diff. B/ w micro & macro and also the positive & normativeIn ch.2 central problems and solutions,ppc also | |
| 2312. |
About non random sampling |
| Answer» | |
| 2313. |
yaaar I just want I good gf |
| Answer» Just hold it? | |
| 2314. |
Hiiiii I need gf |
| Answer» Sunny bhai yaaar waise bhai 11th is for fun ☺<br>Yup bro tnx<br>Good student?<br>???? | |
| 2315. |
What is consumer equilibrium in case of two commodity |
| Answer» When average product is maximum, marginal product is equal to<br>Positive economics deal with<br>The conditions of equilibrium in two commodities is1.Mux=Muy Px Py2.Marginal utility falls as more units of a commodity consumed.<br>Consumer equilibrium refers to the condition in which he buys a commodity in such way that give him maximum satisfaction and he feels no urge to change.yji | |
| 2316. |
What is called random sampling ? Write merits and demerits . |
| Answer» Iska answer book me h- sandeep garg | |
| 2317. |
What is an indifference curve analysis? |
| Answer» It is a graphical representation of various possible combinations that give same level of satisfaction to consumer.<br>It is a locus of all such point show the diffrerent combination of two goods yeilding the same level of satisfaction . | |
| 2318. |
What do you mean by bank draft ? |
| Answer» Bank draft: Bank draft is a payment instrument which is drawn by a bank’s branch instructing another branch to pay the specified amount to the person (or organisation) named in the bank draft. Another branch on which the bank draft is drawn is located at a different place. It is just like a bank cheque in format. Bank draft is used for making payment to a party located at a place different from the place of person making the payment. For getting a bank draft, a person must deposit amount of bank draft and commission for issuing the bank draft. Although in general, banks charge commission for issuing bank draft, they provide this free of charge to certain category of current account holders. | |
| 2319. |
Latest sample papers for 2019-2020 |
| Answer» | |
| 2320. |
Plz anyone give explanation of three stages of production |
| Answer» | |
| 2321. |
What is syllebus of economic |
| Answer» Thanks<br>Statistics: chapter 1(introduction) to chapter 8 (arithmetic mean)Microeconomics: chapter 1(introduction) to chapter 5(production function) | |
| 2322. |
Can market demand increase without the increase in individual demand |
| Answer» | |
| 2323. |
What is a economy |
| Answer» Economy is a system which provides people means to work and earn living<br>Economy is the system which was spread in particular area through which people earn their livelihoods<br>According to my understanding, it is a framework in which all the economic activities of a country can be described.<br>An economy is a system by which People get their living | |
| 2324. |
explain the law of variable proportion with proper schedule and diagram |
| Answer» Law of variable proportion states the impact of change in units of a variable factor on the physical output. When more and more units of a variable factor are combined with a fixed factor then total product increases at increasing rate in the beginning, then increases at decreasing rate and finally it starts falling.Phase I : TP increases at an increasing rate.Phase II : TP increases at diminishing rate.Phase III : TP falls.Behaviour of MPPhase I: MP increases and becomes maximum.Phase II: MP decreases and becomes zero.Phase III: MP becomes negative <th scope="col">Machine</th> <th scope="col">Unit of Labour</th> <th scope="col">TPP (Unit)</th> <th scope="col">MPP(Unit)</th> \t\t\t113312741312514164151931621217221182201921-1\tFirst Phase : TPP increases with increasing rate upto A point. MPP also increase and becomes maximum at point C.Second Phase : TPP increases with diminishing rate and it is maximum at point B. MPP start to decline and becomes zero at D point.Third Phase : TPP starts to decline and MPP becomes negative.\tImportant instruction for giving the answer of above question.\tDo not use diagram for the explanation of this question if it is instructed to use schedule and do not use schedule if the explanation of this question asked with the help of diagram.\tDo not explain the behaviour of marginal product with the help of schedule and diagram. If there is instruction to explain only the behaviour of total product.\tDo not explain the behaviour of total product with help of schedule and diagram if there is instruction to explain only the behaviour of marginal product. | |
| 2325. |
Question based on multiple bar diagram |
| Answer» | |
| 2326. |
State the law of variable proportion |
| Answer» The law of variable proportion\xa0states that as we increase the quantity of only one input, keeping other inputs fixed, the total product increases at an increasing rate (convex shape) in the beginning, then increases at diminishing rate (concave shape) and after a level of output ultimately falls.2. Assumptions of Law of Variable Proportions(a) Only one input is variable, the other is held constant or fixed.(b) It is possible to change the proportion in which the factor units are combined.(c) It assumes a short run.(d) The state of technology is given and remains unchanged.(e) Price of factors of production do not change. | |
| 2327. |
Syllabus of government school economics pf class 11th |
| Answer» | |
| 2328. |
Define money cost. |
| Answer» It refers to the total money expense incurred by a firm in producing a commodity<br>It refers to the total money expenses incurred by a firm in producing a commodity. | |
| 2329. |
What is mean by air polution |
| Answer» Presence of unwanted gases and dust particles in air is called air pollution. | |
| 2330. |
Explain the meaning of consumer equilibrium with the help of a table and diagram |
| Answer» But hum ise diagramatically kaise show krein plz tell me<br>Consumer equilbrim refers to the situation when he purchases a commodity in such way that give him maximum satisfaction and he feels no urge to change.it is the position of rest as he doesn\'t want to purchase 1 more or 1 less of that. | |
| 2331. |
Define saturation point? |
| Answer» It is the point of maximum satisfaction | |
| 2332. |
What is difference between scarcity and limited |
| Answer» | |
| 2333. |
What are giffen goods |
| Answer» | |
| 2334. |
This subject change medium |
| Answer» | |
| 2335. |
Difference between economics and ststistics |
| Answer» Economists use data to analyze trends that involve the exchange of money or goods and services. Statisticians work on ways to collect any kind of data to accurately reflect the relationship between desired factors. | |
| 2336. |
What are the guidelines for construction of table ? |
| Answer» | |
| 2337. |
following are the demand schedule for commodities |
| Answer» | |
| 2338. |
Differenciate between microeconomics and macroecnomics in detail? |
| Answer» Ye to already Google pr hai???<br>Hi<br>\tBasis for DifferentiationMicroeconomicsMacroeconomics\xa0MeaningMicroeconomics studies the particular market segment of the economyMacroeconomics studies the whole economy, that covers several market segmentsDeals with?Microeconomics deals with various issues like demand, supply, factor pricing, product pricing, economic welfare, production, consumption, etc.,Macroeconomics deals with various issues like national income, distribution, employment, general price level, money, etc.,Business ApplicationApplied to internal issuesEnvironment and external issuesScopeCovers several issues like demand, supply, factor pricing, product pricing, economic welfare, production, consumption, etc.Covers several issues like distribution, national income, employment, money, general price level, etc.,SignificanceUseful in regulating the prices of a product alongside the prices of factors of production (labour, land, entrepreneur, capital, etc) within the economyPerpetuates firmness in the broad price level and solves the major issues of the economy like deflation, inflation, rising prices (reflation), unemployment and poverty as a wholeLimitationsIt is based on impractical presuppositions, i.e. In microeconomics, it is presumed that there is full employment in the community which is not at all feasibleIt has been scrutinized that Misconception of Composition’ incorporates, which sometimes fails to prove accurate because it is feasible that what is true for aggregate (comprehensive) may not be true for individuals too\t | |
| 2339. |
What are various diterminer of demand? Explain? |
| Answer» | |
| 2340. |
Explain law of demand ? |
| Answer» Other things being equal, quantity of a commodity is inversely related to the price of the commodity. | |
| 2341. |
Census method and sample method differences short answer |
| Answer» Census method: Each and every item of universe is investigated Sample: Data is collected only from a sample of persons who represent whole universe | |
| 2342. |
Exception of low of demand |
| Answer» The law of demand is one of the most fundamental concepts in economics. It works with the law of supply to explain how market economies allocate resources and determine the prices of goods and services that we observe in everyday transactions. The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility. That is, consumers use the first units of an economic good they purchase to serve their most urgent needs first, and use each additional unit of the good to serve successively lower valued ends. | |
| 2343. |
two commodity case |
| Answer» | |
| 2344. |
Pathomik aru gouna tathya ki |
| Answer» | |
| 2345. |
Who is the father of statistics? |
| Answer» Ronald fisher<br>Sir Ronald fisher | |
| 2346. |
economics next book micro ka notes |
| Answer» | |
| 2347. |
Syllabus kua hai economic ka |
| Answer» | |
| 2348. |
Diff. Between change in deman and change in quantity demand |
| Answer» Quantity demand refers to the quantity of goods which a buyers is ready to buy at particular given period of time.<br>Demand refers to the quantity goods and services which a buyers is willing to buy at particular period and time and at a particular price. | |
| 2349. |
What is efficient technique of production?? |
| Answer» Capital intensive technique<br>Efficient technique is the one which produces maximum at minimum cost. | |
| 2350. |
Please someone explain me chapter 1,2,3,4 they are really very difficult. |
| Answer» Read these chapters with patience and concentration you will surely understand. All chapters are inter related. | |