This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 2. |
What is trade barrier? How governments can use trade barriers? |
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Answer» ✔✔ Hello mate ✔✔ here's your answer A barrier to trade is a government-imposed RESTRAINT on the FLOW of international goods or services. The most common barrier to trade is a tariff—a tax on imports. ... Subsidies make those goods CHEAPER to PRODUCE than in FOREIGN markets. This results in a lower domestic price. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Hope it helps you |
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| 3. |
Define price relative Quantity |
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Answer» A price is the ratio of the price of a specific PROJECT in one period to the price of the same product in some other period in purchasing power parity COMPARISONS of price relative REFERS to the RATIOS of the same product in two COUNTRIES |
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| 4. |
Define the term 'cash credit'. |
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Answer» SECURED overdrafts act more like a traditional loan. As with a cash CREDIT ACCOUNT, money is lent by a financial institution but a wider range of collateral can be used to SECURE the credit. For example, you might be allowed to use mutual fund shares, LIC policies or even debentures. |
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| 5. |
Role of rivers in economical development of india |
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Answer» Hello MATE |
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| 6. |
_________ consumption cannot be zero. (Induced / Autonomous / Government / Private), Fill in the blank with appropriate alternative given in the bracket. |
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Answer» HEYA... See here for your answer... ========= Autonomous CONSUMPTION can't be zero... It exist also when there is no INCOME to the consumer because it is must for the SURVIVAL of life... Thank you |
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| 7. |
National income is _________ concept. (stock / final / intermediate / flow), Fill in the blank with appropriate alternative given in the bracket. |
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Answer» HELLO mate here's your answer ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ National INCOME is a flow CONCEPT. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Hope it HELPS you |
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| 8. |
Macro-Economics does not study ________ . (whole economy / national income / aggregate supply / product pricing), Fill in the blank with appropriate alternative given in the bracket. |
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Answer» HELLO mate here's your ANSWER ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Macro ECONOMICS does not study the WHOLE economy. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Hope it helps you |
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| 9. |
________ utility is the utility derived from the last unit of commodity consumed. (Average / Total / Marginal / Zero). Fill in the blank with appropriate alternative given in the bracket. |
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Answer» Total utility is the utility DERIVED from the LAST unit of commodity. |
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| 10. |
What is agriculture why has cultivation methods changed significantly over many years? |
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Answer» " The agriculture is science of cultivating soil and RAISING crops Cultivation methods CHANGED significantly over MANY years because: • Physical environment has changed. • Climate has changed and is changing continuously. • Methods of cultivation have improved and developed. • Need of crops has raised due to RISE in population. • Tools and equipment have changed. " |
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| 11. |
Explain with the help of a hypothetical numerical example the assumption of diminishing MRS under the ordinal approach of theory of consumers behaviour |
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Answer» HEY, it's your answer Question 23 of the IMAGE |
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| 12. |
WHAT IS STATISTICAL AVERAGE?WHAT DESIRABLE PROPERTIES SHOULD AN AVERAGE POSSESS? |
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Answer» Answer1))))Averages. In statistics, an average is defined as the number that measures the central tendency of a given set of numbers. There are a number of different averages including but not LIMITED to: mean, median, MODE and range. |
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| 13. |
Full form of URL, WWW, VIRUS. Please don't cheat from book |
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Answer» Here is your ANSWER, |
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| 14. |
The census in India is conducted every 10 years. But why is it that other non- governmental organisations conduct a clear count of the people living under the poverty line every 3 to 5 years? |
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Answer» |
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| 16. |
How would flexibility in labour laws help companies |
| Answer» INSTANT of hiring work on a regular or PERMANENT basis companies can hire workers fixable for short PERIOD when there is intense pressure of work the companies can NEGOTIATE wages and Theri mean and Employment depending on the market conditions | |
| 17. |
Every fourth person in India is poor explain or justify the statement with example |
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Answer» Almost 26 crore people is POOR in India this is around one FOURTH of country population which is around 104 cr.and that's why every fourth PERSON is poor in india |
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| 18. |
WRITE A SHORT NOTE ON OCCUPATIONAL STRUCTURE OF INDIA DURING THE BRITISH RULE |
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Answer» Word related structure, it is the blend of various kinds of occupations found in a general public. It additionally depicts how INDIVIDUALS are occupied with various parts of the economy SPECIFICALLY, essential, optional and tertiary the segment that prevail the word related structure in a nation. Word related structure is CIRCULATION of occupations in the public eye, ordered by ability level, FINANCIAL capacity, or SOCIETAL position. |
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| 19. |
Describe any three advantage of self help group for the poor |
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Answer» Hey user , |
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| 20. |
1st smart phone in india? |
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Answer» The first android phone was launched by HTC on 22nd OCTOBER 2008. HTC Dream. Taiwanese handset manufacturer HTC launched INDIA's first smartphone on Tuesday that will run on Google's open-source Androidoperating system. |
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| 21. |
Conclusionon the topic collection of all types of documents used in banks and offices |
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Answer» HEY.. GO TO WEBSITE :- SLIDESHARE + CONCLUSION OF ALL TYPES OF DOCUMENTS USED IN BANK AND OFFICE + PROJECT HOPE HELPING 4 U... |
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| 22. |
If we say consumer is God ,so why we say that consumer awareness is needed? |
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| 23. |
Demand for luxuries is elastic. (State whether the statement is TRUE or FALSE) |
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| 24. |
Stock is the source of supply. (State whether the statement is TRUE or FALSE) |
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| 25. |
Define final goods (Topic: Nation Income) |
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Answer» Final GOOD |
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| 26. |
What are the aims & objectives of transportation ? |
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Answer» Aim |
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| 27. |
What are the features of National Rural Employment guaratee act ? |
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Answer» Government will GIVE 100 days of employment to those who are WILLING for work and if it fails then government will pay those people |
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| 28. |
Define what is budget. |
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Answer» A BUDGET IS A PLAN OF HOW TO SPEND AN AMOUNT OF MONEY OVER A PARTICULAR PERIOD OF TIME |
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| 29. |
What is the aim of production?????????? |
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Answer» Hey mate....here is your answer ✍✍✍ |
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| 30. |
In which year sedition Act was introduced |
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Answer» It was INTRODUCED in 1918 |
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| 31. |
Do both the debit card and credit card have same usage and are safe and vulnerable at the same time?? |
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Answer» Over the YEARS, debit cards have gotten a BAD rap and have been ECLIPSED by the much sexier credit cards. Credit cards offer lucrative rewards that ENTICE consumers to swipe away and spend — something that most debit cards don’t offer. |
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| 32. |
Describe three features of nfwp |
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Answer» Hii dear here is your ANSWER |
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| 33. |
What are self help groups ? state any 4 functions. 5 marks |
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Answer» sory Explanation: |
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| 34. |
Distinguish between perfectly elastic demand and perfectly inelastic demand. |
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Answer» Elasticity measures how the demand of a product/good reacts to changes in the price of a good/product. Goods/products with few substitutes and are considered highly NECESSARY or part of society's daily needs FOLLOWS inelastic demand. For example, even when gasoline increases price, the demand of gasoline will not be GREATLY affected as there is currently very few substitutes to gasoline and gasoline is highly important in a society to fuel cars. Goods/products with NUMEROUS substitutes and/or not a part of society's daily needs follows inelastic demand. For example, when Coke increases in price, the demand of Coke is greatly affected (decreased). This is because consumers may buy other carbonated drinks which are relatively CHEAPER. |
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| 35. |
Mc determines the shape of both TC and TVC curves. Explain how. |
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Answer» YESS this is true that mc determines the shape of tc as well as tvc as mc is the rate at which tc or tvc increases or decreases as INITIALLY mc decreases then after STARTS increasing as a RESULT tcv is u shaped whereas tc is also u shaped but the only DIFFERENCE is that it includes the fixed cost which remains constant due to which it is slightly higher than that of tvc |
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| 36. |
In what way are sources of capital required for farming by large farmers different from the capital sources for small farmers |
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Answer» The main source of capital for the MEDIUM and the large farmers is by selling the SURPLUS sale in the markets and earn good profits. They ALSO have savings which they can use in the season and again save and use that savings in the next season. They also earn money by lending loans to small landless labourers and farmers at high interests rates and further increase their wealth. |
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| 37. |
Distinguish between Slicing method and Lumping method |
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Answer» SLICING METHODE ..... |
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| 38. |
Which and what maerials used in statue of unity |
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Answer» The core of the statue utilised 210,000 cubic metres (7,400,000 cu ft) of cement concrete, 6500 tonnes of structural steel, and 18500 tonnes of REINFORCED steel. The outer façade is made up of 1700 tonnes of BRONZE plates and 1850 tonnes of bronze CLADDING which in turn comprise 565 MACRO and 6000 micro PANELS. |
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| 39. |
What is a Cut Off Price? |
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Answer» Heya ! |
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| 40. |
What do you mean by vulnerability???? |
| Answer» VULNERABILITY is the STATE in which you have a POSSIBILITY of being harmed or attacked, PHYSICALLY or emotionally. | |
| 41. |
Define national income. |
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Answer» Heya... |
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| 42. |
During depression ________ budget is preferable. (balanced / surplus / deficit / zero), Fill in the blank with appropriate alternative given in the bracket. |
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Answer» During DEPRESSION BALANCED BUDGET is PREFERABLE |
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| 43. |
Who is the CEO of microsoft company? |
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Answer» 卄乇ㄚ 千尺丨乇几ⅅ |
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| 44. |
How large scale industries are dependent on small scale industries |
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Answer» The small SCALE INDUSTRIES are RESPONSIBLE for the manufacturing of the materials needed as the raw materials in the large scale manufacturing industries. For example: A small scale industry MANUFACTURES needles. They sell it to the large scale cloth manufacturing industries as they need them as their raw materials. Thus, the needles manufactured by the small scale industry were USED by the large scale cloth manufacturing industries. The better is the material manufactured by the small scale industry, the better is the quality of the material produced by the large scale industry. This is because, the quality of the raw material produced by the small scale industry will be very good. |
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| 45. |
What currency is shared by Austria, Finland, France and Portugal? |
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Answer» Answer : EURO |
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| 46. |
Is it compulsory for me to fill up the registration form? |
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Answer» Which REGISTRATION FORM MATE?? |
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| 47. |
Explain any three features of PMRY |
Answer» The three features of PMRY:Following are the features:
Pradhan MANTRI Rozgar Yojana is an employment generation program. It was LAUNCHED in 1993 on the birth anniversary of Mahatma Gandhi. Learn more about Pradhan Mantri Rozgar Yojana: Write any two features of pradhan mantri rojgar yojana? What are the main features of "Pradhan Mantri Rojgar Yojana" and "Pradhan Mantri gramodaya Yojana"??? |
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| 48. |
Different difference between public and private sector in economics with an example |
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Answer» 1.In Public sector , govt. owns most of the assets and provides all the services. 2.Railways,POST office,airport,etc. are examples of public sector. 3.The purpose of public sector is not just to earn PROFITS 1.In Private sector, the ownership of assets and delivery of services is in the hands of private individuals or companies . 2.Companies like TISCO,Reliance Industries LIMITED, DABUR,etc. are privately owned . 3. the motive of private sector is to earn profits. |
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| 49. |
Barter System did not have any difficulty. (State with reasons whether you agree or disagree with the given statements) |
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Answer» HEYA mate, Here is UR answer In my opinion, I don't agree with the STATEMENT . Barter System had a lot of difficulty. This is because of " the double COINCIDENCE of wants ". This means that what I want to sell should be acceptable to other. For example- For wheat I have to take shoes, so, the shoes owner should also be ready for taking wheat. If the shoes owner is not ready for taking wheat, I have to GO for other buyer who can take my wheat. But the situation can come that the buyer is ready for wheat but he is selling clothes, which I do not want. So, this is the only problem that makes barter system inconvenient. =========================== Warm regards @Laughterqueen Be Brainly ✌✌✌ |
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