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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. |
Directions: Think of a resources which you think are scarce now. Provide ways or solutions to revive those resources by answering the basic economic questions. What to Produce? How to Produce? For Whom to Produce? |
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Answer» I don't KNOW what is answer |
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| 3. |
name any 10 PPPs Working in Pakistan.Also summarise the policy for PPPs to operate in Pakistan? Pakistan economy subject |
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Answer» Answer: The PPP Knowledge Lab provides KEY INFORMATION on public-private PARTNERSHIP READINESS, laws, units, and infrastructure indicators for PAKISTAN |
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| 4. |
Explain the problems of agricultural, industrial and service sectors in the State |
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Answer» DUE to unscientific farming PRACTICES - excessive use of water, irrational USAGE of fertilizers, pesticides. Climate change and ERRATIC monsoon: Nearly 60% is rain-fed. Erratic monsoon makes the agricultural sector vulnerable. Agricultural insurance mechanism in India is very low. |
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| 5. |
• Explain the problems of agricultural, industrial and service sectors in the State |
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Answer» Answer: What are the problems of the agricultural sector? In ADDITION, irrigation of agricultural crops comprises 70% of global WATER use, and agriculture directly contributes to around 11% of global greenhouse gas (GHG) emissions (MOSTLY through cattle). Expanding agricultural LAND can also lead to deforestation, additional GHG emissions, and a LOSS of biodiversity. |
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| 6. |
• Compare the features of Maharashtra economy with that of other states |
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Answer» , HOPE It's HELPFUL,Because It's My KNOWLEDGE. |
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| 7. |
Suppose the price of apples increasedfrom Rs 100 to Rs 200 per kg. Whereas theuunity demand decreased foom lo to b.Find elasticity of demand. Also draw thedemand curve and discuss the nature ofthe price elasticity of demand? |
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Answer» <P>Answer: The price elasticity of demand (which is often shortened to demand elasticity) is defined to be the PERCENTAGE change in quantity DEMANDED, q, DIVIDED by the percentage change in price, p. The formula for the demand elasticity (ǫ) is: ǫ = p q dq DP . |
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| 8. |
.yप्रश्न-7, निम्नांकित आंकड़ों से कार्ल पियर्सन का विषमता गुणांक ज्ञात कीजिए:पदः 6 7 8 9 10 11 12आवृत्तिः 369 13 8 5 4Find outor Rennesfrom the followir |
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| 9. |
An industry has a demand function of "(p) 200 10p. There are only two firms in this industry, and there is no entry or exit. Firm 1 has a constantmarginal cost of $8, and firm 2 has a constant marginal cost of $9. a. (7 points) Find the price, quantities, and profits under Cournot competitionbetween the firms.b. (5 points) Find the price, quantities, and profits if firm 1 is a Stackelberg leader,c. (5 points) Find the price, quantities, and profits if firm 2 is a Stackelberg leader.d. (5 points) Find the price, quantities, and profits under Bertrand competition. e. (5 points) Suppose the two firms were able to collude. What quantity would each firm produce, and what price would be charged to maximize total profits of the cartel?(6 points) Suppose that the firms are facing this demand and cost function each period, and they have discount factor &. Suppose the collusive profits are split equally between the two firms each period. Suppose also that this cartel is supported by a trigger strategy, where both firms revert back to Coumot competition forever if either firm cheats. This cartel is only stable if each firm has a discount factor above what level?g. (5 points) How should the profits be split between the two firms if you wantedmaximize the stability of the cartel? In other words, how should the profits be split to minimize the highest required discount factor of the two firms? h. (7 points) Suppose now that each firm has a constant marginal cost of $10 and a fixed cost of $5, and there is free entry and exit in the industry. If firms in the industry engage in Cournot competition, how many firms will enter the industry in equilibrium? |
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Answer» iiiiii |
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| 10. |
When each customer is charged a different price for a good or service when he cannot transfer the service to another person it is called as1. First degree price discrimination2. Second degree price discrimination3. Third degree price discrimination4. Fourth degree price discrimination |
Answer» Question:→First degree price discrimination →Second degree price →Third degree price discrimination →Fourth degree price discrimination Answer:
Explanation:→first-degree discrimination, the company charges the maximum possible price for each unit consumed. Second-degree discrimination involves discounts for products or services bought in bulk, while third-degree discrimination reflects different prices for different consumer groups.4th-degree price discrimination – when prices to consumers are same, but the producer FACES different costs. Also known as REVERSE price discrimination. #BrainliestBunch |
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| 11. |
To boost the falling demand in the economy,the RBI recently reduced Repo rate.Elaborate the rationale behind the steps taken by the Central Bank. |
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Answer» Explanation: Cash Reserve Ratio ensures that a part of the bank's deposit is with the CENTRAL Bank and is hence, secure. ... During HIGH INFLATION in the ECONOMY, RBI raises the CRR to lower the bank's loanable funds. |
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| 12. |
State any components of m1 measure of money supply |
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Answer» Explanation: The M1 MEASURE of money supply INCLUDES the FOLLOWING components:. Currency held by the public in the form of NOTES and coins.. Net Demand Deposits held by the commercial banks.. Other deposits held by the RBI. |
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| 13. |
What are the main functions on which the utility depend? |
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Answer» Answer: In economics, utility function is an important concept that measures preferences over a set of GOODS and services. Utility represents the satisfaction that CONSUMERS RECEIVE for choosing and CONSUMING a product or service. |
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| 14. |
शाश्वत शेती का घटक कौन सा है |
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Answer» शाश्वत शेती म्हणजे जमीन, पिके, वने, पशुधन, वन्यजीव, मासे, पर्यावरण इत्यादी पुनःर्जीत करण्याजोगे स्रोतांच्या प्रतवारीचा घसारा न होऊ देता संतुलीत व्यवस्थापन करून वर्तमान व भावी पिढीसाठी अन्न, वस्त्र व निवारा यांचा पुरवठा करणे होय. शाश्वत शेतीला सेंद्रीय शेती, नैसर्गिक शेती, पर्यावरणीय शेती असेही म्हणतात. शाश्वत शेतीत पर्यावरण संतुलनाला जास्त महत्त्व दिले जाते. म्हणून तिला पर्यावरणीय शेती म्हणतात. शाश्वत शेतीसाठी अन्नद्रव्ये व्यवस्थापनासाठी सेंद्रीय पदार्थ मुख्य स्रोत म्हणून वापरतात. शाश्वत शेती ला सेंद्रिय शेती असेही म्हटले जाते. भावी पिढीला आवश्यक असणाऱ्या मूलभूत स्रोतांना कोणत्याही प्रकारची हानी पोहचू न देता वर्तमान पिढीच्या गरजा भागवण्यासाठी अवलंबिण्यात आलेली शेतीची पद्धत होय |
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| 15. |
When would a demand curve shift:(a) rightwards,(b) leftwards |
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Answer» In addition to the FACTORS which can affect individual demand there are three factors that can cause the market demand curve to shift: a change in the number of consumers, a change in the distribution of tastes AMONG consumers, a change in the distribution of income among consumers with different tastes. a) Increases in demand are shown by a shift to the right in the demand curve. This COULD be caused by a number of factors, including a rise in income, a rise in the price of a substitute or a fall in the price of a complement. b) The curve SHIFTS to the left if the determinant causes demand to drop. That means less of the good or service is demanded at every price. That happens during a RECESSION when buyers' incomes drop. |
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| 16. |
If 60% of incremental part of income is spent on consumption ten what is the size of mpc |
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Answer» Answer: In economics, the marginal propensity to consume (MPC) is a metric that quantifies induced consumption, the concept that the increase in personal consumer SPENDING (consumption) OCCURS with an increase in disposable INCOME (income after taxes and transfers). The proportion of disposable income which individuals spend on consumption is known as propensity to consume. MPC is the proportion of additional income that an individual consumes. For example, if a household EARNS one extra dollar of disposable income, and the marginal propensity to consume is 0.65, then of that dollar, the household will spend 65 cents and save 35 cents. Obviously, the household cannot spend more than the extra dollar (without BORROWING). According to John Maynard Keynes, marginal propensity to consume is less than one.[1] |
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| 17. |
Give two reasons which make a consumer buy less of a commodity at the same price. |
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Answer» Explanation: When other FACTORS affecting the demand of a commodity other than the PRICE changes, a CONSUMER may buy less of the commodity. For example, a fall in income of the consumer in case of a NORMAL good. |
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| 18. |
Importance of economic activities in economics |
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Answer» Explanation: Economic activities of a country determine the growth of a country in terms of monetary ASPECTS of development of the CITIZENS. Better income of the citizens can be achieved with better economic activities of the country. In TURN, income STATUS of people decides the kind of health and education people can AVAIL. |
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| 19. |
Definedata how aredata collected?primally |
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| 20. |
Dwight has a new type of card. His card has a computer chip embedded in the card that carries a great deal of information, such as his driver’s license information, medical history, and healthcare information. Which type of card does Dwight have? A. a debit card B. a smart card C. a stored value card D. a gift card |
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| 21. |
व्यापार संतुलन तथा भुगतान संतुलन में अंतर स्पष्ट कीजिये । |
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Answer» Answer: Vyapar Jaise ham munafa hua munafa hamen kya hote hain prasann hote hain Khush hote Hain aur jab hamara ghanta HOTA hai to ham dukhi ho jaate Hain to dekho aapke question mein kya pucha gaya hai ki munafa aur ghati ke BARE mein batana main explanation main Bata deta hun aapko Explanation: munafa KISI bhi chij ko ham sacche man SE aur acchi tarah se karte hain aur usmein hamen jyada profit jyada munafa benefit hota hai use ham kamyabi ki shreni mein LE jaate Hain aur alag wala jismein |
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| 22. |
Importance of non economic activity in economics |
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Answer» Answer: A non-economic activity is an activity PERFORMED with the PURPOSE of rendering services to others without any considerations of FINANCIAL gains. Activities that are initiated for personal content or for meeting HUMAN SENTIMENTS are non-economic activities. |
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| 23. |
How many factors constitute monetary expenditure and which are they? |
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Answer» |
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| 24. |
Continues fall in overall prices in an economy |
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| 25. |
Importance of economic activity and non economic activities in economics |
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Answer» Answer: ✔These refer to activities that INCLUDE providing services to others without any expectation of MONETARY GAIN. Primary motive of economic activities is creation of wealth and earning financial REMUNERATION. Non-economic activities are USUALLY socially binding or undertaken for psychological satisfaction.HOPE IT HELPS YOUTHANK YOU（⌒▽⌒） |
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| 26. |
Q.8/ Find : National Income.in croresItems5Net current transfer from abroad200(ii)Private final consumption expenditureSubsidies20(iii)40(vi)(v)10Net domestic fixed capital formationNet factor income to abroadGovernment final consumption expenditureChange in stock(vi)50(v)(-)10(vi)(-)20(vii)Net importsConsumption of fixed capitalIndirect tax30(viii)60(ix)Exports100 |
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Answer» jgzjgzkgzgklgzyl Explanation: jfzkgzmgxng |
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| 27. |
Whatis Brettionrooodbystem of exchange? |
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Answer» Answer: Bretton woods was a semi-fixed EXCHANGE rates set up in the post-war PERIOD. The Bretton Woods exchange RATE system had a system of pegged exchange rates with currencies pegged to the DOLLAR. The dollar was fixed to the price of gold ($35 an ounce) – giving the US Dollar a fixed value. The system ended in 1971. . . hope it will be helpful Mark me as a brainliest also LIKE my answer (◕ᴥ◕) |
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| 28. |
Gamit ang tungkulin ng wika ang INSTRUMENTAL at REGULATORI, ipaliwanagkung saan at paano nakatutulong ang gamit ng wika sa iyong pang-araw-araw napamumuhay.INSTRUMENTALREGULATORI |
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Answer» say who is BEST jass manak Mankrit aulakh |
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| 29. |
What are the advantages and disadvantages green revolution in short |
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Answer» !!!!!!!!!!!!!!!!!!!!!! |
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| 30. |
परिवर्तनों का उल्लेख कियाआगबन ने रेडियो वेफ आविष्कार वेफ कारण उत्पन्न होने वालेहो(A) 180(B) 150(C) 170(D) 160सारितर्तन कहलाते हैं |
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Answer» Explanation: Stars are not scattered randomly through SPACE, they are gathered together into vast groups known as galaxies. The Sun belongs to a galaxy called the MILKY Way. Astronomers estimate there are about 100 THOUSAND million stars in the Milky Way ALONE. OUTSIDE that, there are millions upon millions of other galaxies also! |
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| 31. |
What is Capital Gains. Distinguish between long term & short term Capital Gain |
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Answer» !!!!!!!!!!!!!!!!!!!!!!! |
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| 32. |
प्रमाप विचलन को किससे परिकलित किया जाता है |
Answer» प्रमाप विचलन हमेशा परिकलित किया जाता है।(a) माध्यिका से(B) माध्य से(C) बहुलक से(d) इनमें से कोई नहीं2. प्रमाप विचलन गुणांक का सूत्र है। |
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| 33. |
An economic phenomenon is usually called a |
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Answer» Answer: 1 Historical Background While INSIGHTS on economic phenomena can be found in the works of Plato (c. 427–347 BC), Aristotle (384–322 BC), and the medieval commentaries their work spawned, it was only in the early modern period, coincident with the Scientific Revolution, that a full-fledged discourse emerged. Nicolaus Copernicus (1473–1543), Jean Bodin (1530–96), Thomas Mun (1571–1641), William Petty (1623–87), and John Locke (1632–1704) are some of the more prominent figures of the sixteenth and SEVENTEENTH century who wrote on the subjects of money and trade. Copernicus and Bodin articulated the quantity theory of money, that a growth in the money stock results in a rise in prices, a phenomenon observed in Europe since the influx of gold and silver from overseas. Mun, a leading mercantilist and advocate of net exports as the key to England's prosperity, recognized that market FORCES transcend legal and institutional arrangements, and that genuine wealth COMES from the growth of domestic production and the enrichment of the land. Petty was one of the first to devise quantitative measurements of economic phenomena, including per capita output. Locke refined the quantity theory of money, noting the velocity of money, and devised a labor theory of value. He also wedded the historic right to private property with the virtue of industry, and thus launched the liberal doctrine of political economy which subsequently played a profound role in the American CONSTITUTION. |
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| 34. |
Flexible exchange rate is determined by IMF state true or false with valid reason |
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Answer» !!!!!!!!!!!!!!!!!!!!! |
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| 35. |
Complete the correlation1) Economic infrastrure : communication :: _____ : Education. |
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Answer» Answer: Education Econimic INFRASTRUCTURE : communication :: KNOWLEDGE : Education |
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| 36. |
When the price of a good is higher than the equilibrium price, |
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Answer» Answer: If the market price is above the equilibrium price, quantity SUPPLIED is GREATER than quantity DEMANDED, CREATING a surplus. Market price will fall. Example: if you are the producer, you have a LOT of excess inventory that cannot sell. |
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| 37. |
Explain liquidity of $100 note |
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Answer» Answer: It consists of cash, TREASURY bills, notes, and BONDS, and any other asset that can be SOLD quickly. Understanding liquidity and how the FEDERAL ... |
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| 38. |
Qwhat factors Gave both to contenermoment in India and discuss the Rightof the consumers.what are the facolor rospontibel |
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Answer» what factors GAVE both to contener moment in India and discuss the RIGHT of the consumers. what are the facolor rospontibel. ADD answer+5 ... |
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| 40. |
3केंद्रीय बैंक के 'सरकार का बैंकर' कार्य को समझाइए। |
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Answer»
सरकार-दोनों केंद्र और राज्य सरकारों के लिए एक बैंकर के रूप में सेंट्रल बैंक कार्य करता है। यह सरकार के सभी बैंकिंग कारोबार किया जाता है। सरकार ने केंद्रीय बैंक के साथ चालू खाते में उनकी नकदी शेष रहता है। इसी तरह, केंद्रीय बैंक प्राप्तियों को स्वीकार करता है और सरकारों की ओर से भुगतान करता है। |
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| 41. |
'सार्वजनिक वस्तुओं' को परिभाषित कीजिए। |
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Answer» चांदनी पश्चिम होती है जो हमारे से माल के लिए सभी के इस्तेमाल के लिए अलग-अलग जगहों पर रखी रहती है जैसे कि हम रो रो के साइड में 10 दिन को देख ले जो कूड़ा दान होते हैं उन्हें देख ले यह सार्वजनिक वस्तु है इसी के साथ-साथ एटीएम मशीन जो है यह सार्वजनिक वस्तु है बस स्टॉप कुर्सियां रहती है यह सार्वजनिक वस्तु है पार्क के अंदर जो खुशियां रहती है बैठने के लिए वह सार्वजनिक वस्तु है |
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| 42. |
Explain liquidity trap? with diagram |
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Answer» Explanation: Liquidity TRAP refers to a SITUATION in which an increase in the money supply does not result in a FALL in the interest rate but merely in an addition to idle balances: the interest elasticity of demand for money becomes infinite. |
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| 43. |
प्र.५.थोडक्यात उत्तरे लिहा:१) अल्पाधिकार बाजाराची वैशिष्ट्ये सांगा. |
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Answer» एक लाइन में उत्तर दीजिये। वैविश्वक समूहों का निर्माण किस उद्देश्य से हुआ? एक लाइन में उत्तर दीजिये। वैविश्वक समूहों का निर्माण किस उद्देश्य से हुआ? |
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| 44. |
Discuss 4 limitations of index number |
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Answer» Answer: Hi.. Explanation: They are SIMPLY rough INDICATIONS of the relative changes. The CHOICE of REPRESENTATIVE commodities may lead to fallacious conclusions as they are based on samples. There may be errors in the choice of base periods or WEIGHTS, etc. |
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| 45. |
B.a. फर्स्ट ईयर देश में किए गए शिक्षा सुधार |
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Answer» बहुत सुधार हुआ क्योंकि फास्ट ईयर में कई तरह के सुधार हुआ है |
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| 46. |
Clearing agent is appointed by |
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Answer» Let's learn more about APPOINTMENT of Clearing and Forwarding Agents. Clearing and forwarding agents, ALSO known as freight forwarders, PERFORM a number of functions on behalf of the exporter. Explanation: have sweet dreams |
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| 47. |
On which assumption does the law of diminishing returns depend? a) The state of technical knowledge is unchanged b) Total output is constant c) Average output declines faster than marginal output. d) Land is the factor kept constant |
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| 48. |
Activities of unorganized sector are largely confined to? |
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Answer» Answer: consisting of all unincorporated private enterprises owned by INDIVIDUALS or HOUSEHOLDS ENGAGED in the sale or production of goods and SERVICES operated on a proprietary or partnership basis and with LESS than ten total workers." |
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| 49. |
Shut down point for a firm is a situation where itsa)Average revenue = Average cost b)Average revenue > Average cost c)Average revenue = Average variable cost d)Average revenue > Average variable cost |
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Answer» a) Average REVENUE= Average cost. Hope it HELPS. ;-). FOLLOW and mark me BRAINLIEST. |
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| 50. |
When is a design solution MOST appropriate?(A)When it is recyclable.(B) When it meets the budget.(C) When it is multifunctional(D) When it meets the needs of the client. |
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Answer» (C) when it is MULTIFUNCTIONAL |
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