Explore topic-wise InterviewSolutions in Current Affairs.

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.

What things are required to start a business as per economics?

Answer»

ANSWER:

the FACTORS of production

Explanation: they AREA s FOLLOWS...

money

land

labour

capital

enterprise/entrepreneurship

is it RYT?

2.

What are the measures taken by the rbi to ease the liquidity crunch in the country?

Answer»

Answer:

The Reserve Bank of India Friday proposed a set of guidelines for large NBFCS to help them deal with SEVERE liquidity problems and prevent re-occurrence of IL&FS type of debt crisis. ... The RBI has released a DRAFT circular on the 'Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs).

3.

Marginal revenue will be zero if the elasticity of demand is

Answer»

ANSWER:

When marginal REVENUE is POSITIVE, demand is elastic; and when marginal revenue is negative, demand is inelastic. The output level at which marginal revenue equals ZERO corresponds to unitary elasticity. This occurs at the QUANTITY qu in the illustration.

4.

One consequence of the social problem on the community?

Answer»

Answer:

In addition to having favorable or ADVERSE EFFECTS on the economic, physical, and MENTAL well-being of INDIVIDUAL people in the affected area, a proposed or EXISTING incineration facility can affect the area's social fabric.

5.

Pls explain organization of production in detailanswer only if u know​

Answer»

Explanation:

As the term suggests, production ORGANIZATION is simply the manner in which you organize the process of production of goods or services in your business. It is through production organization that you are able to EFFECTIVELY COORDINATE the FACTORS of production, which include RAW materials, labor and capital.

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6.

Since independence the ontribution of primary sector in india's national income is

Answer»

Answer:

INCREASE CONSIDERABLY to IMPROVE public SECTOR

7.

What is hypothetical​

Answer»

Answer:

hypothetical possibility, CIRCUMSTANCE, statement, PROPOSAL, situation, ETC. “consider the following, just as a hypothetical” Type of: hypothesis, possibility, theory. a tentative insight into the natural world; a CONCEPT that is not yet verified but that if true would explain certain facts or phenomena.

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8.

Name the cryptocurrency which is set to be launched by in 2020

Answer»

Answer:

There are plenty such types of cryptocurrencies that are SET to be launched in the near future, but the BEST bet is FACEBOOK's newest IDEA, "LIBRA"

9.

Identify the two non-human factors of production,

Answer»

These RESOURCES can be renewable, such as FORESTS, or nonrenewable such as oil or natural gas. The income that resource OWNERS earn in return for LAND resources is called rent. The second factor of production is labor. Labor is the effort that people contribute to the production of goods and services.

I hope you understand.

10.

14. What is meant by exclusive series? Illustrate with one example.​

Answer»

Explanation:

the exclusive CLASS intervals are those which the upper and lower LIMITS are not included. For example : 0–10, 10–20, 20–30, 30–40 etc... If for example 20–30 is MODAL class, L=20–0.

11.

Barter system : goods :: modern economy : ____

Answer»

Barter System: goods:: modern economy: credit

Explanation:

The barter system is a TRADING system where members in the trade exchange one GOOD or service in return for the other. Eg. Exchange of rice in return for MILK. There were no monetary transactions INCLUDED in the barter system.

The goods that are put forward plays the main role in the barter system. In the modern economy, the barter system cannot be implemented to satisfy the worth of the product with DEMAND. Therefore, in the modern economy, credit or money is used for transactions in a trade.

12.

How the public sector generate financial resources for development?

Answer»

Answer:

the public package internal financial RESOURCES for development by the GOVERNMENT INSTITUTION of the COLLEGE school and improving the condition of

13.

How can human resource add to the productive power of the country

Answer»

Answer:

by having SEX and when girls of AGE 13-20 girls MOVE without Clothes

and there would different SCHOOLS for porn

14.

How does the government provide finance for development?

Answer»

ANSWER:

These LOANS provide capital for those that might not qualify for a loan on the open market. Government loanprograms aim for the following long-term benefits at the social and economic levels to: IMPROVE the OVERALL national economy and quality of life of its citizens. encourage innovation and entrepreneurship.

15.

What can you say about cross elasticity of demand rail and long distance road transport​

Answer»

Answer:

The elasticity of DEMAND means when a price of certain COMMODITY changes depending on the rise and fall of demand of certain product. This is because the cost per unit of production decreases when the demand and sale of a product increases and vice versa.

Explanation:

Long-distance transport becomes costly when a number of people traveling and SHARING transport is less. When the number of passengers on the VEHICLE is more, then the travel expenses get reduced per head, and this is facilitated by rail. Rail is such a means of transport which is capable of carrying a huge number of passengers at a TIME.

16.

What can you say about cross elasticity of demand timber and wooden furniture​

Answer»

Answer:

In economic TERMS cross elasticity of demand is in terms of demand for a product in relation to the change in the PRICE of another RELATED product.

We can measure the cross elasticity of demandd is% of the change in the demand for product by the % of the change in the price of product. The cross price elasticity indicate the furniture producers do substitute species, so POPULAR lumbar has a negative cross elasticity.increases the PRODUCTION cost leads to increasing the consumer prices.

17.

Two issues regarding careers namely:ethical behavior and chances of success and satisfaction

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Answer:

Career is an important part of every individual’s LIFE. The whole point of education is to have a successful career with satisfaction. In a workplace, to maintain DECORUM ethical behavior is expected from the work colleagues as well as from that individual. SOMEONE who is RUDE, arrogant and indecent is hardly tolerated.

Second issue is getting mental satisfaction from the kind of work you are doing. Since office is the second place you spend most of your time, and give in all your hard work and PASSION, it is very much important that you are getting promotion and well appreciated for the effort you are putting into, otherwise satisfaction doesn’t come from within.

18.

Difference between developed and developing countries 0

Answer»

Answer:

The TWO CATEGORIES are developed NATIONS and developing nations. Developed nations are generally categorized as countries that are more industrialized and have higher per capita income levels. ... Developing nations are generally categorized as countries that are less industrialized and have lower per capita income levels.

Hope it will HELP YUU

19.

Difference between liberalisation and globalisation

Answer»

Answer:

GLOBALIZATION is the greater integration AMONG countries and economies for trade, economic, social and POLITICAL benefits. Liberalization generally REFERS to removal of RESTRICTIONS; usually government rules and regulations imposed on social, economic, or political matters.

Hope it will help yu

20.

What do you mean it G production​

Answer»

Answer:ACCORDING TO ME THE MEANING OF G PRODUCTION IS

A COMPANY NAME

HOPE THIS HELPS YOU

PLIZZ MARK  AS BRAINIEST

21.

Discuss the effects of expansionary fiscal policy in a large open economy

Answer»

Answer:

Clearly, in an OPEN economy with capital MOBILITY, expansionary FISCAL policy has TWO conflicting effects. First, the expansionary fiscal policy increases aggregate demand as government reduces taxes and/or increases SPENDING.

22.

Class11 economic ch2 explain nsso. What are the functions?

Answer»

Answer:

NSSO stands for national SAMPLE survey organization.

It is the organization under the ministry of statistics of the government of India.

Functions of NSSO:

1.It conducts socioeconomic surveys on various subjects like EMPLOYMENT, consumer expenditure, health, unemployment and medical SERVICES etc.

2. It decides the TOPICS to be covered in a particular survey found.

3. It conducts annual survey of Industries every year.

4. It gives every year reports on status of estimation of agriculture PRODUCTION in India.

23.

Current account is apoened when capital is fixed or fluctuating??

Answer»

ANSWER:

when CAPITAL is FIXED current ACCOUNT is OPEN

24.

Current account is opened when capital is fixed or fluctuating??

Answer»

Answer:

Fluctuating Capital Definition: A partnership term. When the capitals of partners are fluctuating, all adjustments with REGARDS to the INTEREST on capitals, interest on drawings, partners SALARIES etc. are passed through the capital ACCOUNTS of the partners.

25.

Chapter 2 people as a resource economic class9( let's discuss)can you draw a graph using this table​

Answer»

Answer:

PEOPLE as a resource…

Explanation:

Our planet is INHABITED by human population. Resources are everything that can be used by anyone for generating wealth or work output. So, just like any other resources we can consider that human population is also considered as one of the most important resources for any nation.

The fact is that without humans it certainly is not possible to make use of any other form of resources and convert it into something usable. Humans make use of their best knowledge and skills to use all other forms of resources for their benefit.

People are known to convert one form of resources into other form. To PERFORM this TASK, mankind make use of skills, knowledge, and education. These skills are further used by mankind to help transform the nation.

It is obvious that if human population of a nation is educated and hardworking, then that nation will always PROSPER and grow to its maximum. A nation only develops if its human resource is hardworking and educated.

26.

Which Country Has highest Literacy Rate..? ​

Answer»

Answer:

HYY mate here is your answer.....

Ans: Russia have highest literacy rate. Russia have almost 53 %of population LITERATE....

THANKS for asking......

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27.

Disadvantage of formal institution in india

Answer»

ANSWER:

Disadvantages

1. The procedure to get the LOAN is time consuming.

2. They REQUIRE collateral SECURITY.

28.

A demand curve which is parallel to x axis represent

Answer»

Answer:

DEMAND curve is parallel to x axis, FIND out elasticity of demand. Answer: When demand curve is parallel to x-axis then elasticity of demand will be perfectly ELASTIC as there is infinite demand at constant price. In this case, a slightest increase in price will reduce the demand for the PRODUCT to zero.

29.

What is human capital explain the source of human capital of formation​

Answer»

Answer:

❤️❤️Human Capital Formation. ... 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”.❤️❤️

Explanation:

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30.

Explain the features of statistics with the help of examples

Answer»

Answer:

It consists of aggregates of facts:

In the plural sense, statistics refers to data, but data to be called statistics must consist of aggregate of certain facts. A single and isolated fact or figure like, 60 Kgs. weight of a STUDENT or the death of a particular person on a day does not amount to statistics.

EG

A statistic is a characteristic of a sample. Generally, a statistic is used to estimate the value of a population parameter. For instance, suppose we SELECTED a random sample of 100 students from a school with 1000 students. The average height of the SAMPLED students would be an example of a statistic.

31.

Apart from income what others people Gall are important for human being

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Answer:

Generally, people desire to have regular work, better wages and good price for the crops they produce. Apart from earning more income, one may EXPECT to have a better quality of life. The quality of life depends on non-material things such as equal treatment, security, respect for others and freedom in society.

For example, to join a new JOB, a person may CONSIDER CERTAIN FACTORS other than income such as work environment, security and travelling. A woman may tend to work in a variety of jobs or start a business to receive a sense of security and freedom in the household and in society. Hence, every individual has their own priority to have material things or non-material things. ‘For development, people look at a mix of goals’–working women have more dignity in the household and society. When women are recognised in society, there would be more sharing of household work. A secured environment enables women to take up jobs in society or they may run a business. Hence, development goals are not only based on a rise in the income level but also on an increase in human value.

32.

What do you mean by unemployment?​

Answer»

Explanation:

Unemployment is a term referring to INDIVIDUALS who are employable and seeking a JOB but are unable to find a job. Furthermore, it is those people in the workforce or POOL of people who are AVAILABLE for work that does not have a job.

33.

What is difference between micro economic and macro economics​

Answer»

Answer:

MICROECONOMICS is applied to operational or internal issues, WHEREAS environmental and external issues are the concern of MACROECONOMICS. The BASIC tools of microeconomics are demand and supply. Conversely, AGGREGATE demand and aggregate supply are the primary tools of macroeconomics.

34.

What are the ways in which sectors are classified in India?

Answer»

Explanation:

three types of sector are CLASSIFIED in Indian economy:

1) PUBLIC sector

2)PRIVATE sector

3) SERVICE sector

35.

the average weight of 10 students is 68.2kg later on it was discovered that weight of 1 student is taken wrongly as 49.5insteed of 59.5and 1student in the weight of 48kg left the hostal calculate correct mean​

Answer»

Answer:

71.55

Explanation:

total weight =x

AVERAGE= ×/10

= 68.2

which means

sum(×)= 68.2×10

= 682

correct weight =59.5

wrong weight= 49.5

the average is less as the sum is less by 10( 59.5-49.5)

ADDING 10 to 682 will give us the correct weight =692

now, a boy of 48 kg LEFT

this means

total weight = 692-48

=644

no of boys =9

NEW average =644÷9 = 71.55

36.

Identify the economic concept for following statementvasant sheth provides coal from his shop to farmers in exchange for foodgrains

Answer»

Answer:

Vasant SHETH provides coal from his shop to FARMERS in exchange for foodgrains –Economic activity:

  • The purpose of economic operations is to earn cash, livelihood ETC.
  • So you can write teacher TEACHING in school, shopkeeper selling products, etc.  
  • It is what makes products and services produced and delivered. Goods consumption encourages competition and market introduction of better products.
  • Consumption therefore promotes the operations of manufacturing, so it is an economic activity in itself.
  • Non-economic operations are performed so you can also write MOTHER cooking food for her family, teacher teaching her own child, etc.
  • Human activities are non-economic actions that are conducted for private fulfilment or to fulfil human feelings.
37.

WHICH THREE STATES IN INDIA WERE THE FIRST TO TRY OUT THE MODERN FARMING METHODS

Answer»

ANSWER:

PUNJAB, HARYANA, UTTARPRADESH

38.

WHAT DOES THE INCREASE IN UNEMPLOYMENT MOSTLY FOUND

Answer»

ANSWER:

in UNDERDEVELOPED COUNTRY LIKE INDIA

39.

Against theory of humanity​

Answer»

Answer:

✔✔

Theory of humanity. ..

Explanation:

The theory explains that virtues and vices of a PERSON

define as what is morally RIGHT, or wrong. The theory ALSO describes the meaning of living well, for human kind. it considers the result of human EXISTENCE as eudaimonia is flourishing.

____________________________

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40.

How is marginal utility is calculated?​

Answer»

Answer:

To calculate the marginal utility of SOMETHING, just divide the CHANGE in TOTAL utility by the change in the number of goods consumed. In other words, divide the DIFFERENCE in total utility by the difference in units to find marginal utility.

41.

Questions of 3 & 4 marks each1. Why is choice essential in the study of economics?​

Answer»

ANSWER:

SORRY ,but I can't UNDERSTAND what is your QUESTION.

42.

3) As per the data for financial year 2018-19,the country's production of goods and servicesincreased by 20%.​

Answer»

Answer:

      The ENTITY of goods and the services has been increased in the 2018 and 2019 in the corporates and other financial sectors.

      The global transaction is CORPORATE company like TCS and the financial sectors like PFL has projected that the country's economy will grow at 7 per cent during current fiscal that is in the year 2019-20.

      This is “slightly higher” than the percent 6.8 recorded in the last fiscal, and considered to be lowest during last five years.This is due to the working population has been increased to 9.7 for the year 2018 and hence the goods and SERVICE REACHED its level.

43.

) Value-in-use and Value-in-exchange arethesame.​

Answer»

ANSWER:

I THINK the QUESTION is in COMPLETE?

44.

What is the parameter of economics development?​

Answer»

While several gauges are available to measure these changes, the most common indicators of ECONOMIC DEVELOPMENT are GROSS Domestic Product (GDP) PER capita, the poverty level, life expectancy, the proportion of workers in agriculture and changes in the physical quality of life.

45.

Identify and explain the concept karuna mother saves 1000 rupees every monthout of her given salary​

Answer»

Answer:

WO roz ke RS 2.50 save KRTI hogi.

46.

" For development, people look at a mix of goals. " Explain this statement.

Answer»

Answer:

yes this statement is right

for example if i get a highly paid job in pakistan then many things can came into my mind

like is that place is safe ?

can i able to live here with my family ?

is this job SECURE better life?

what is the insfrastructure of that place ?

conclusion - development not only means income it ENSURES a person beteer life, public facilities, helthcare, life snsurance etc

thats why for development peoples look at MIX of GOALS

47.

Demand forlasticity of demand of a good is (-)2. IlCoefficient of price elasticity of demand ofthis good is :A) ElasticC) Perfectly elasticB)D)InelasticPerfectly inelastic​

Answer»

Less elsatic or INELASTIC because (ED<1).

Hope it HELPS mark it as brainliest

48.

Anna says that two snickers bar give her the same enjoyment as one cupcake. Barbara says that one snickers bar gives her the same enjoyment as two cupcakes what can you say?

Answer»

ANSWER:

ANNA likes to eat CUPCAKE. And Barbara likes to eat sniker BARS.

49.

Write a note on economic activities of men and women.

Answer»

EXPLANATION:

I THINK that's the ANSWER for UR QUESTION

50.

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Answer»

ANSWER:

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