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.

Calculate national income from the following data ? combination of implore ​

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Answer:

calculate NATIONAL INCOME from the FOLLOWING data? COMBINATION of implore

2.

Why is educated unemployment is a peculiar problem in india?​

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Answer:

Educated unemployment a Peculiar PROBLEM in urban areas of India because the growth in the industrial and service SECTOR is very low. These two sectors have failed to PROVIDE EMPLOYMENT to the educated unemployed.

3.

Which of the following is a statement of positive nature in economics? अर्थशास्त्र में सकारात्मक प्रकृति का कथन निम्नलिखित में से कौन सा है? *2 points(a) Government should concerned with how to reduce the problem of farmers. सरकार को किसानों की समस्या को कम करने के लिए चिंतित होना चाहिए।(b) What should we do to reduce the price of onion in market.बाजार में प्याज की कीमत कम करने के लिए हमें क्या करना चाहिए।(c) Population of India was 120 cr in 2011. भारत की जनसंख्या 2011 में 120 करोड़ थी।(d) Government should think about unemployment. सरकार को बेरोजगारी के बारे में सोचना चाहिए।​

Answer»

Positive statements are objective statements that can be tested, AMENDED or rejected by referring to the available evidence. Positive economics deals with objective explanation and the TESTING and rejection of theories. For example: A fall in incomes will LEAD to a RISE in demand for own-label supermarket FOODS...

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option (b) is the ans

4.

Point of statiety means

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ANSWER:

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5.

Write the difference between economic and non economic activity?​

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6.

Which of the following is a statement of normative nature in economics? निम्नलिखित में से कौन अर्थशास्त्र में प्रामाणिक प्रकृति का कथन है? *2 points(a) Economics is study of choice अर्थशास्त्र चुनाव का अध्ययन है(b) Government should be concerned with how to reduce unemployment. सरकार को बेरोजगारी कम करने के बारे में चिंतित होना चाहिए।(c) Population of India is 130 cr. भारत की जनसंख्या 130 करोड़ है।(d) Result of our school was 100 percent in 2019- 20 हमारे विद्यालय का परिणाम 2019- 20 में 100 प्रतिशत था​

Answer»

ANSWER:

I THINK ------BBBB options

Explanation:

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7.

Identify the statement which is false? उस कथन को पहचानें जो गलत है? *2 points(a) Central problem of different economies are not same. विभिन्न अर्थव्यवस्थाओं की केंद्रीय समस्या समान नहीं है।(b) Scarcity of resources is the cause of central problem संसाधनों की कमी केंद्रीय समस्या का कारण है(c) Central problem are three in number . केंद्रीय समस्या संख्या में तीन हैं।(d) PPC helps in solving the central problem. PPC केंद्रीय समस्या को हल करने में मदद करता है।​

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ANSWER:

I THINK options 4

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8.

If quantity supplied is decreases by 40%due to a 60% decrease in price then elasticity ofsupply isa)(+)0.67b)(-) 0.6c)(+)1.5d)(-)1.5​

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Answer:

Just DIVIDE the percentage change in the DEPENDENT variable and the percentage change in the independent one. If the latter increases by 3% and the FORMER by 1.5%, this means that elasticity is 0.5. ... Elasticity of -1 means that the TWO variables goes in opposite directions but in the same proportion.

9.

Explain the cause of rightward shuft in demand in demand curve of an individual consumer​

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Answer:

Consider FIRST a rightward shift in Demand. This could be caused by many things: an increase in INCOME, higher price of a substitute GOOD, LOWER price of a complement good, ETC. Such a shift will tend to have two effects: raising equilibrium price, and raising equilibrium quantity.

10.

In the context of macroeconomic equilibrium, AS refers toa) Output produced b) Planned output c) Value added​

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ANSWER:

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11.

Q 1 Direct tax is called direct2 pointsbecause it is collected directlyfrom ......... प्रत्यक्ष कर को प्रत्यक्ष कहा जाता हैक्योंकि यह सीधे से एकत्र किया जाता है ...। *O O(a) The producers on goods produced.उत्पादित माल पर उत्पादकों।(b) The sellers on goods sold बेचे गए मालO Oपर विक्रेताO O(c) The byers of goods माल के बायर्सO O(d) The income earners आय कमाने वाले​

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EXPLANATION:

.....................

12.

What are the main channel connecting conturies in the past? how is it different now?​

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ANSWER:

Answer: TRADE was the main channel which connected the countries in the past. Things have not changed much in the present as well. Trade STILL is the major channel to connect the countries. HOWEVER, tourism and study also contribute towards making the world a more interconnected PLACE now.

Explanation:

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13.

Identify moderator and mediator and make hypothesisa) IV: community DV: project success variable: internet pace​

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ANSWER:

The CORRECT answer is OPTION ( C)

EXPLANATION:

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14.

Assertion(A): Under monopoly, AR and MRcurves are less elastic than monopolisticcompetition. Reason(R): In a monopolisticcompetitive market, goods have close substitutes.a)Both A and R is true and R is the correct explanationof A.b)Both A and R is true but R is not correct explanationof A.c)A is true but R is false.d)A is false but R is true

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OPTION B ( both A and R is TRUE R is not a correct EXPLANATION..)

15.

In case if the supply curve is parallel to thex-axis, the elasticity of supply isa)Perfectly inelasticb)Unitary elasticc)Perfectly elasticd)None of these​

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Answer:

C perfectly ELASTIC because the LINE is parallel to X axis

16.

2.Assertion(A): Under monopoly, AR and MRcurves are less elastic than monopolisticcompetition. Reason(R): In a monopolisticcompetitive market, goods have close substitutes.a)Both A and R is true and R is the correct explanationof A.b)Both A and R is true but R is not correct explanationof A.c)A is true but R is false.d)A is false but R is true​

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ANSWER:

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17.

भारतात नवीन आर्थीक धोरन..... या वर्षी राबवण्यातआले 1.१९५१२.1९६१३.१९७१४.१९९१​

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ANSWER:

4 on ONE is your answer

EXPLANATION:

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18.

Calculate Net Value Added at FactorCost form the following data:intermediate consumption 300change in stock 50net indirect taxes 70sales 500consumption of fixed capital 20imports 40​

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ANSWER:

it will be 2 MILLION OK

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19.

1. If a firm finds that the cost of inputs hasincreased. What will happen to supply curve of thefirm?a)It will shift leftwardb)It will shift leftwardc)Supply curve will remain unaffectedd)None of these​

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Answer:

option B is the correct answer for your question

EXPLANATION:

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20.

Name the two public expenditure that may reduce poverty.i) dam and bridge ii) electricity and health iii) health and education​

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Explanation:

Abstract

Purpose – The purpose of this paper is to examine the impact of public expenditure on economic growth and poverty alleviation in developing countries like India. If poverty and inequality are high, the government may resort to distributive policies at the COST of long-term growth. The distributive policies and poverty alleviation measures fail to achieve success due to lack of good governance, lack of proper targeting and PROBLEMS in the implementation of such schemes. On the other hand, if the nature of public expenditure is such that it enhances PER capita income, it will help REDUCE poverty. Design/methodology/approach – After analytical digression and construction of hypotheses panel regression has been done using state-level data in the Indian context to empirically verify the above propositions. Both Fixed effects and Random effects models have been used for this purpose. Findings – The results show that in states where RATIO of public expenditure on the development of infrastructure such as road, irrigation, power, transport and communication is higher, per capita income is also higher and incidence of poverty is lower indicating that economic growth is important for poverty alleviation and development of infrastructure is necessary for growth. Originality/value – This study demonstrates how public policy and public finance can be used as instruments for removal of poverty.

21.

Explain features of industrial growth in india?​

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Explanation:

Significant Growth Rate:

INCREASE in the share of Industrial SECTOR in NATIONAL Income:

Expansion of Public Sector:

STRENGTHENING of Industrial Base:

MODERNISATION:

Self-Reliance:

Structural Retrogression in the Industrial Sector:

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22.

It is a theory that centers on the principle that an action is a good based on the principle people follow and regardless of the results of the action.A. Greatest GoodB. Non-consequentialistC. Consequentialist D. Common Good​

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ANSWER:

B is the CORRECT answer PLEASE BRAINLEAST

23.

China adopted ______ as a model of growth. (statism/socialism).​

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ANSWER:

STATISM

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24.

the quantity supplied of a commodity at a price rs. 4 per unit is 200 units. its price elasticity is ? ​

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25.

Explain effects of green revolution? in points​

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Answer:

The Green Revolution resulted in increased production of food grains (ESPECIALLY WHEAT and rice) and was in large part due to the introduction into DEVELOPING countries of new, high-yielding varieties, BEGINNING in the mid-20th century with Borlaug's work.

________________________________

26.

Fill in the blanks1._is a medium for making our financial transactions simple.​

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ANSWER:

ECONOMIC transactions

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27.

Prepare a Questionnaire asking the customers about the launch of new Mobile Phone in the Market.

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EXPLANATION:

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28.

भांडवल बाजारात निधि किती कालावधी साठी असतो​

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Answer:

A balanced regional DEVELOPMENT is NEEDED for our economy because the advancement of the entire economy HINGES on the development of all regions KEEPING in pace with their factor endowments. In the long run, the progress of the national economy will be the result of the growth realised by different regions.

29.

An economy is in equilibrium. From the following data about an economy, calculateinvestment expenditure and investment multiplier: (a) Income = Rs.10,000 crore (b) Marginal propensity to consume = 0.9 (c) Autonomous consumption = Rs. 100 crore​

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ANSWER:

a)

EXPLANATION:

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30.

Explain the relationship among the three basic economic activities​

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Answer:

Production, consumption and CAPITAL FORMATION are called the basic ECONOMIC activities of an economy. Scarce resources are USED in the production of goods and services with the objective of satisfying our NEEDS and wants.

Explanation:

31.

Inflation calculated on the basis of prices of food articles is known as -O Primary inflationFood inflationNecessities inflationVegetable inflation​

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ANSWER:

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32.

Given below is supply schedule , it represent :price(rs.) supply(kg) 10 20 10 25​

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Answer:

GOES as pr supply presentation kg HVE 100 PRICE data increase so 10 rs pr 20 kg

33.

Calculate the mean of 2,4,6,8,10,12,14,16,18,20 by short cut method​

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ANSWER:

(10+12) /2 = 22/2 = 11

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34.

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Answer»

ANSWER:

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Explanation:

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35.

Discuss the state of Indian economy on the eve of Independence class 12th correct explain​

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Answer:

The Indian ECONOMY was an agro-based economy on the EVE of independence. 75% of the Indian population was earning a livelihood from agriculture. Despite being a primary source of income for a MAJOR population, this sector faced a decline under the British rule.

36.

Difference between Micro economics and macro economics​

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Answer:

Microeconomics is the study of economics at an INDIVIDUAL, group, or company level. WHEREAS, macroeconomics is the study of a national ECONOMY as a whole. Microeconomics focuses on issues that affect INDIVIDUALS and COMPANIES.

37.

Palampur is a real or imaginary village please tell me

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Answer:

it is an imaginary VILLAGE

EXPLANATION:

because as the POET WANT to EXPLAIN how the village people work . For this reason that took the imaginary village palampur

38.

A combination of both active and passive strategies is known as

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Answer:

Active investing is a hands-on APPROACH whose goal is to BEAT the stock MARKET index whereas passive investing is about researching, BUYING stocks to get a stock market index

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39.

8. Which among the following is NOT correct?(A) During inflation lenders suffer and borrowers benefit out'(B)Rising inflation indicates rising aggregate demand and indicates comparatively lower supply and higherpurchasing capacity among the consumers'C.With rising inflation the currency of the economy depreciates provided it follows the flexible currencyregime(D) Inflation decreases the nominal (face) value of the wages while the real value increases​

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Answer:

OPTIONS d

Explanation:

I don't KNOW the reason but I know the FIRST three options are correct

40.

Communication ,transport, education, energy find odd man out

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ANSWER:

ENERGY is the ODD ONE out

41.

PRIVATELY OWNED COMPANIES

Answer»

A private company is owned by EITHER a SMALL number of shareholders, company members, or a non-governmental ORGANIZATION, and it does not offer its stocks for sale to the general public.

...

Types of Private Companies

Sole PROPRIETORSHIP. ...

Partnership. ...

Corporation.

42.

आर्थिक वृद्धिचे प्रमुख स्रोत​

Answer»

ANSWER:

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Explanation:

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43.

Who decides the policy of allotment of shares?​

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ANSWER:

BOARD of directors

Explanation:

As with all other decisions of the directors, a SET of board minutes must be TAKEN recording the decision and KEPT for ten years.

44.

ખેતપેદાશની વેચાણાસ્યવસ્થાની ખામીઓ :​

Answer»

ANSWER:

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45.

4. Which one of the following is NOT the objective of fiscal policy of government of India?(A) Full employment(B) Price stability(C) Regulation of inter-state trade(D) Economic growth​

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ANSWER:

d) ECONOMIC GROWTH

EXPLANATION:

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46.

The classical advocacy of balanced budget is based on which off the following believe?

Answer»

The concept of a balanced budget has been advocated by classical ECONOMISTS.

Explanation:

The classical economists promoted and suggested the idea of a balanced budget, which they described as a budget in which government spending and revenue are equal and there is no SURPLUS or deficit budget in the economy.

Classical economists, on the other hand, BELIEVE that monetary policy should have a LIMITED NUMBER of activities and that the budget should be balanced annually.

47.

The keynesian theory stresses on which as a crucial factor in determining the level of income and employment

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In the Keynesian theory, EMPLOYMENT depends UPON effective demand. Effective demand RESULTS in OUTPUT. Output creates income. ... Thus employment depends on aggregate demand which in turn is determined by consumption demand and investment demand.

48.

Suppose a large jar contains 8 red ball and 6 yellow ball and 6 blue ball. 2 balls are to be selected at random from the jar and the first ball selected will not be placed back into the jara. what is the probability that the first ball will red and second yellow?b. what is the probability that neither will be red?​

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EXPLANATION:

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49.

Proseso ng paggawa ng produksyon

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ANSWER:

JOIN ⏩⏩⏩⏩⏩⏩⏩

Explanation:

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50.

Explain how schools get the money they need to operate, and what they use the money for. How are some schools planning to cut costs? Support your response with information from the lesson.

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Answer:

The majority of school DISTRICTS' budgets is spent on SALARIES, pensions, health INSURANCE, TUITION reimbursement and other employee benefits.