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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.
| 1. |
A consumer buys 20 units of a good at a price of rupees 5 per unit . The price elasticity is (-)2. when price changes he buys 28 units . calculate the new price. |
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Answer» Explanation: unit. The price elasticity of DEMAND for the GOOD is 2. At what price will he be WILLING. |
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| 2. |
Iv- A diesel power plant is generally used as a……………………………(a. baseload station, b. peak load station, c. both) |
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Answer» . baseload station Explanation: |
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| 3. |
Why were the girls kept away from the game of kabbaddi in earlier time |
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Answer» Answer: because at that time girls were not ALLOWED to play games and sports. Accordingly, no women's events were included in the ANCIENT Olympic Games. It is SAID that married women were not allowed to be present at OLYMPIA during the games, although UNMARRIED ... However, in the festivals of Hera, only girls could compete in foot-races. PLZ PLZ PLZ MARK MI AS BRAINLEIST!!! |
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| 4. |
How to connect economics with real life situations |
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Answer» by READING NEWSPAPERS.......✌️ |
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| 5. |
How to study for igcse economics grade10 |
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Answer» Answer: Obtaining a good score requires DILIGENT study and a REVIEW of material on past tests. Download a syllabus for the coursework. VISIT sites such as the University of Cambridge International EXAMINATIONS or IGCSE ICT. Review the format of the economics exam, which is divided into three sections. |
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| 6. |
From the following data find the range of wages of the middle 50% of the workers.Wagesless than10 20 30 40 50 60 70C.F. 5 8 15 20 30 33 35 |
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Answer» Answer: 50 Explanation: 0/50 COS) LOG(sin× 10×100) cos 40 =50 |
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| 7. |
From the following data, calculate the coefficient of quartile deviation. Also, find the range of wages of the middle 50% of the workers.Wagesless than10 20 30 40 50 60 70C.F. 5 8 15 20 30 33 35what does " wages of middle 50% of the workers. " means |
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Answer» Explanation: Here, Highest value (H)= 35 Lowest value (L) = 15 RANGE= Highest value − Lowest value i.e. R= H− L Substituting the given VALUES in the formula R= 35 − 15= 20 Coefficient of Range is as follows: CR = H-L H+L
or, CR = 35-15 35+15
= 20 50
⇒ CR =0.4 Hence, the range (R) of the above data is 20 and coefficient of Range (CR) is 0.4 |
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| 8. |
Tell me the difference between ascertained and unascertained goods in a tabular form(4marks).{please , I need precise answer} |
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Answer» Answer: ASCERTAINED goods are those goods which are identified in ACCORDANCE with the agreement after the contract of sale is made. ... Unascertained goods are those goods which are not specifically identified or ascertained at the TIME of MAKING of the contract. |
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| 9. |
______states that people buy a different quantity of product if that product prices changes , appearing as a movement along with demand curve |
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| 10. |
Define the following terms and provide examples within the Jamaican context.Heritage, Globalization, Tradition, Sub-culture and Preservation |
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Answer» Answer: Explanation: Heritage definition- a property that is or MAY be the inheritance. heritage example-German ancestry Globalization definition- The process by which BUSINESSES or other organizations develop international influence or start operating on an international scale Globalization example- Media and entertainment Tradition definition- The TRANSMISSION of CUSTOMS or beliefs from generation, or the fact of being passed on in this way. Tradition example- MYTH and language
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| 12. |
Sumulat ng maikling repleksyon tungkol sa mga reyalisasyon na nakuha mo sa pag aaral ng ekonomiks sa iyong buhay bilang mag aaral,at bilang kasapi ng lipunan |
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Answer» MARK me as BRAINLIEST.. FOLLOW me |
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| 13. |
Relivance of investment multiplier in removing unemployment |
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Answer» Answer: The multiplier principle focuses on the importance of public investment, which is the key to remove unemployment during the DAYS of depression. An investment of Rs. 1 MILLION can create income and employment worth MANY times, and can help the GOVERNMENT to remove unemployment from the country. thank you.. |
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| 14. |
___________ have more access to formal sector of lending.a) poor households b) households with a few assets c) rich households |
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Answer» Answer: Rich households have more ACCESS to formal sector of the Explanation: |
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| 15. |
Explain how your life until now is being affected by the disaster? |
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Answer» In a disaster, you face the danger of death or physical injury. You may also lose your home, possessions, and community. Such STRESSORS PLACE you at risk for emotional and physical HEALTH problems. Stress reactions after a disaster LOOK very much like the common reactions seen after any type of trauma |
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| 16. |
What is credit (loan)? |
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Answer» Banks lend CASH credit LOANS to companies based on their creditworthiness, which is determined by their current assets and liability. ... An important feature of a cash credit loan is that once it is approved, the INTEREST rate is charged only on the amount withdrawn, not on the whole borrowed LIMIT. |
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| 17. |
What is cheque? explain in short |
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Answer» Explanation: VARIOUS cheque types are bearer cheque, ORDER cheque, crossed cheque, account PAYEE cheque, blank cheque, post dated cheque, open cheque, UNCROSSED cheque, self cheque, bankers cheque, cancelled cheque, stale cheque, mutilated cheque, gift cheque, traveller's cheque. |
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| 18. |
Farmers usually take crop loans at _______________________. |
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| 19. |
3How does higher rate of net capital formation lead to higher level ofProductivity |
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Answer» Answer: Capital FORMATION implies an increase in capital assets such as plant and machinery, buildings and equipment available to the firm. Now, with a higher net capital formation, means higher capital equipments per unit of labour. This LEADS to a higher productivity/efficiency of labour. |
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| 20. |
What is the positive impact of credit? |
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Answer» PAY BILLS CONSISTENTLY to on TIME. |
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| 21. |
In which type of economies is mass poverty found? |
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Answer» Poverty is not having enough material POSSESSIONS or income for a person's basic needs.[2] Poverty may include social, economic, and political elements.[3] Absolute poverty is the complete lack of the means necessary to meet basic personal needs, such as food, clothing, and shelter.[4] The FLOOR at which absolute poverty is DEFINED is always about the same, independent of the person's permanent location or era. On the other hand, relative poverty occurs when a person cannot meet a minimum level of living standards, compared to others in the same time and place. THEREFORE, the floor at which relative poverty is defined varies from one country to another, or from one society to another.[5] For example, a person who cannot afford housing better than a small tent in an open field WOULD be said to live in relative poverty if almost everyone else in that area lives in modern brick homes, but not if everyone else also lives in small tents in open fields |
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| 22. |
12th commerse sp bhandvlachi aavashyakta in marathi |
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Answer» couldn't UNDERSTAND UR QUESTION |
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| 23. |
6. While subsidies encourage farmers to use new technology, they lead to a huge stress on thegovernment finances. Discuss the usefulness of subsidies in the light of this fact.(Hint: - It is true that subsidies have facilitated the use of HYV technology leading to GreenRevolution in India |
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Answer» Answer: Explanation: It has been rightly SAID that subsidies encourage farmers to use new TECHNOLOGY but they are also a HUGE burden on government finances. Points for usefulness of subsidies: Subsidies help in encouraging farmers to use new and innovative technology. In INDIA, more than 50% of the farmers are very poor and cannot afford new technology in their farming activity. In this regard, the government can help them by providing subsidies. The abolishment of subsidy will violate the goal of equity because it raises differences between poor and rich farmers in India. The application of new technology in farming will increase the total output of agricultural products in developing nations. Points against subsidies: Some ECONOMISTS are of the view that once technology is widely accepted, the government should stop providing goods at subsidised rates. Subsidies are provided to benefit farmers, but it has been observed that the fertiliser industry has benefited more than farmers. Also, farmers from prosperous regions benefited from subsidies more than farmers from poor areas. It has been rightly said that subsidies encourage farmers to use new technology but they are also a huge burden on government finances. Points for usefulness of subsidies: Subsidies help in encouraging farmers to use new and innovative technology. In India, more than 50% of the farmers are very poor and cannot afford new technology in their farming activity. In this regard, the government can help them by providing subsidies. The abolishment of subsidy will violate the goal of equity because it raises differences between poor and rich farmers in India. The application of new technology in farming will increase the total output of agricultural products in developing nations. Points against subsidies: Some economists are of the view that once technology is widely accepted, the government should stop providing goods at subsidised rates. Subsidies are provided to benefit farmers, but it has been observed that the fertiliser industry has benefited more than farmers. Also, farmers from prosperous regions benefited from subsidies more than farmers from poor areas.
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| 24. |
3. "Can an assesse have more than one previous in respect of same assessment year? Explain. |
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Answer» It should be NOTED that in cases given in 1, 2, 4 and 5 it is mandatory to tax the income in the previous year itself. HOWEVER, in CASE 3, (i.e., income of discontinued business/profession), income can be charged to tax in the previous year itself or in the assessment year (at the DISCRETION of the A.O). |
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| 25. |
Describe Global poverty trends |
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Answer» Explanation: The number of PEOPLE living in poverty as measured by the higher international poverty LINES of $3.20 and $5.50 increased between 1990 and 1999, but has fallen since then. In 2015, over one-fifth of the GLOBAL population lived below $3.20 and ALMOST a half lived below $5.50 a day |
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| 26. |
How did commercilization of agriculture resuled in famines |
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Answer» Commercialization of Indian agriculture resulted in reduced AREA under cultivation of food CROPS DUE to the substitution of COMMERCIAL non-food grains in place of food grains. |
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| 27. |
Ano uri ng kontempuraryo ang kawalan ng sapat na supply ng tubig |
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| 28. |
Would You Rather Have Endless Money Or Endless Love? |
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Answer» I have SUFFICIENT money and also ENDLESS LOVE from my parents. |
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| 29. |
Identify the social and economic groups which are most vulnerable to poverty in india |
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Answer» Answer: The social groups most VULNERABLE to poverty have been identified to be the scheduled caste households and the scheduled TRIBE households with both these groups having above AVERAGE LEVELS of poverty indicators in the rural and the urban population. |
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| 30. |
Identify the social and economic groups which are most vulnerable to poverty in indiaBest ans wale ko brainlost + like+ follow bumper offerr |
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Answer» The social groups most VULNERABLE to poverty have been identified to be the SCHEDULED caste households and the scheduled tribe households with both these groups having above average levels of poverty indicators in the rural and the urban population. |
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| 31. |
Which is good for future. 1. D pharma 2.B pharma 3.BHMS4. Shop owner |
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| 32. |
Money is that which receives |
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Answer» Answer: Answer is universal acceptability money Uniformity or homogeneity and its COGNISABLE CHARACTERISTICS FACILITATE money's universal acceptability as a means of payment; its durability confers on money its role of purchasing power; its portability is DESIRED for the convenience of making transactions; its divisibility FACILITATES the smooth operation of small ... |
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| 33. |
...is the most dangerous type of inflation |
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Answer» Answer: Essentially, the wrong kind of inflation is cost-push inflation. This inflation is due to rising costs of production, such as rising ENERGY prices, rising transport costs, imported inflation and rising food prices. This inflation CAUSES a SHIFT to the left of short run aggregate supply |
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| 34. |
Bakit mahalaga ang ekonomiks sa pang araw araw napamumuhay ng pamilya at ng lipunan |
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| 35. |
29. The annual sales of a departmental store are * 2,50,000. Cost of Sales 1,60,000. Selling,administrative expenses are * 40,000. An average inventory amounting to 40,000 is maintained a. what as the present rate of stock turnover? b. If sales are increased to 3,00,000; Cost of sales to 1,80,000; average inventory remaining the same, what would be the new rate of turnover. (c) If sales remain * 2,50,000 and cost of sales * 1,60,000 but inventory can be reduced by more careful control to 32000what would be the new rate of turnover |
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| 36. |
Give essential characteristics of the term 'income' |
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Answer» Answer: Characteristics of Income Income is SOMETHING which comes in, which means coming into your POCKET. Income may not be in cash but even if this can be converted into cash it WOULD be income. Income is something which is periodic in NATURE, which comes in regularly such as RENT, interest, salary & wages. |
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| 37. |
What is the difference between foreign trade and foreign investment ? |
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Answer» A TRADE between TWO or more countries that connects their various markets is called foreign trade. An investment made by an ORGANIZATION or a particular INDIVIDUAL in some other country is called as foreign investment. |
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| 38. |
What is meant by human capital formation?the quality of population in a country? |
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Answer» Meier defines Human Capital Formation as “human capital formation is the process of acquiring and increasing the number of persons who have education and experience which is essential for the economic and political development of a country”. The quality of population depends upon the literacy RATE, health of a person indicated by life expectancy and skill formation acquired by the people of the country. The quality of the population ULTIMATELY DECIDES the growth rate of the country. ILLITERATE and unhealthy population are a liability for the economy. |
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| 39. |
2. Why different person have different developmental goals?3. How can we consider, if different persons could have different or conflicting notions of a country's development? |
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Answer» 2. Different persons can have different goals because everyone is not equal. What may be development for ONE may not be a development for the other. For eg. a girl from middle class FAMILY wants freedom and equal share of household of work by the all the members of the family. This is a developmental goal for her but not for a FARMER who considers high income as his developmental goal. Thus, the example proves that different people have different developmental goals. 3. Different persons look at the country in different ways. If we see the country from the eyes of a vegetable seller we might find that he considers less import and more income for him as a development of the people like him in that particular country. On the other HAND, a rickshaw puller would like to own his own rickshaw and consider that the development of people like him would increase average income and also help in development of country. So we can say that different persons could have different or conflicting notions of a country's development Pls mark me as the brainliest.......... |
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| 40. |
A whatis breen Revolution ? what isthe importance of teen Revolution? |
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Answer» Answer: The Green Revolution, or the Third Agricultural Revolution, is the set of RESEARCH technology transfer initiatives occurring between 1950 and the LATE 1960s, that INCREASED agricultural production worldwide, BEGINNING most MARKEDLY in the late 1960s. |
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| 41. |
Which one of the following is an economic activity? *2 pointsTransporting sand from river bank to a town for saleAttending marriage partyParental love and affection towards their childrenNone of the above |
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Answer» no idea Explanation: SORRY not ABLE to UNDERSTAND what you WANT |
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| 42. |
When is the expansion and contractoin of demand |
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Answer» Answer: THANKS for GIVING points and MAKE the BRANLIEST answer and pls FOLLOW me |
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| 43. |
„Domestic/household services performed by a woman may not be considered as an economic activity‟.Defend or refute the given statement with valid reason. |
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Answer» As, Women do a lot of WORK so ,we should appreciate them but they are not COUNTED as ECONOMIC activity as, they do not GET money for that in return. So, women are not counted in economic activity |
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| 44. |
Objectives of any news paper and news channels |
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Answer» Explanation: Newspaper and NEWS channel hepls in COLLECTING INFORMATION of all over the WORLD. |
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| 45. |
Information from local source or Correspondents |
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Answer» Answer: Answer: Collecting data from local SOURCES or correspondents is a way of collecting PRIMARY data. In this method local agents and correspondents are appointed in DIFFERENT AREAS to collect information. The agents collect information in their own way. |
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| 46. |
List of children whose half yearly math record i don't have who haveto submitted any other ID please inform me by tomorrowAkshansh UniyalApekshaA shish RawatKausar khatoonPragati thapliyalAbhishek BishtAd it ya BhattMan yank BhandariPriyanshu negi Samarth belwalStuti SajwanVidish Panwar |
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Answer» who are these PEOPLE |
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| 47. |
डिफाइन पॉवर्टी व्हाट इज डिफरेंस बिटवीन रिलेटिव पॉवर्टी एंड अप्लाइड फॉर मल्टी पॉवर्टी इन इंग्लिश |
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Answer» I can't UNDERSTAND your QUESTION. |
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| 48. |
5. Copy Right Act was passed in ....... year |
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Answer» Answer: [4th June, 1957] An ACT to AMEND and consolidate the law relating to COPYRIGHT. Be it enacted by Parliament in the EIGHTH Year of the Republic of India as follows: 1. ... -(1) This Act may be called the Copyright Act, 1957. |
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| 49. |
Dividing a series into 10 equal parts is called |
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| 50. |
Online education, works from home: have we arrived in the virtual world ?? |
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Answer» Answer: With the current pandemic situation many things have changed. Our way of LEARNING , way of WORKING , our travelling and many other. Many schools have announced that next academic year classes will all be held via ONLINE class system. All students need is a laptop and internet to attend their school classes. It is a unique way of learning. Same has HAPPENED with work, now people are doing jobs from home because of the pandemic . So we can say that this pandemic has definitely OPENED a new world of virtual happenings. Yes we are now living in a virtual world. |
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