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. |
Who performs the central banking functions in india? a. state bank of india b. nabard c. rbi d. finance ministry? |
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Answer» he central BANKING FUNCTION are CARRIED by the Reserve Bank of INDIA (RBI) |
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| 2. |
analyse the importance of the 3-tier judicial machinery under consumer protection act 1986 for redressal of consumer disputes |
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Answer» der COPRA, a three-tier quasi judicial MACHINERY at the DISTRICT,state, and national levels was set up for redressal of consumer disputes.2) The district level court deals with cases involving claims up to ₹20 lakhs. The state level court deals with cases between ₹20 lakhs and ₹1 CRORE and the national level court deals with cases involving claims exceeding ₹1 crore.3) If the case is DISMISSED at the district level court, the consumer can also appeal at the state level and then at the national level court.Hope it proved to be beneficial..... |
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| 3. |
How does foreign trade lead to integration of markets across countries explain with an example |
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Answer» eign TRADE creates an opportunity for the producers to REACH beyond the domestic MARKETS.2.Producers can sell their produce in the markets LOCATED within the country.3.Producers can also compete in markets located in the other countries of the world.Hope it PROVED to be beneficial..... |
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| 4. |
Factors which decides the location of industry 10class economy |
| Answer» RS which decide the LOCATION of industries :Availability of raw materials, labour, capital, POWER and market.Hope it PROVED to be BENEFICIAL..... | |
| 5. |
Explain the relation between TR and MR with the help of diagram. |
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Answer» is will HELP you |
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| 6. |
What is the difference between a price floor and a price ceiling? |
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Answer» loor refers to the MINIMUM price fixed by the government which the producer must paid for their produce.Price ceiling is a government imposed price control ,or LIMIT ,on how HIGH a price is CHARGED for a product , commodity or a service. |
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| 7. |
Why formal sources of credit preferred informal sources of credit |
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Answer» source of credit which includes loans from Bank Cooperative need to be expanded in India to save the POOR HOUSEHOLD from exploitation informal source of credit there is no organisation to supervise this type of credit activities from lenders therefore they charge a higher interest on loans and people MAY fall to d e p t trap on the other hand formal source work under the supervision of RBI RBI ceased that Bank give loans to small borrowers also therefore is GREAT need to expand formal sources of credit.pls MATE pls mark as brainliest |
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| 8. |
Why income terms of trade is considered as an improvement of net barter terms of trade? |
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Answer» The CONCEPT of income terms of trade was DEVELOPED by G.S. This concept is an improvement upon the net barter terms of trade. It takes into account the INDICES of EXPORT and import PRICES and quantity index of exports.__________ |
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| 9. |
Green revolution in india |
| Answer» EVOLUTION STARTED in india in the 1960s furing the prime ministership of smt .Indira gandhi . lt lead to an increase in food grains , production , particulary wheat . These hugh yeilding varieties of crops were engineered by teams of sceintist led by doctor Norman BORLAUG and doctor M.S SWAMINATHAN . IF AGRICULTURE FAILS , EVERYTHINGS ELSE WILL FAIL . --- M.S Swaminathan please FOLLOW me i will also follow u | |
| 10. |
Why is fishing not developed in the interior parts of brazil? |
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Answer» a is sparsely populated. There are scattered settlements inland, but most of the population lives in a few larger cities on the banks of the AMAZON and other major rivers, such as in Iquitos, Peru, and Manaus and Belém(Brazil). In many regions, the forest has been cleared for soya bean plantationsand ranching (the most extensive non-forest use of the land); some of the inhabitants harvest wild rubber LATEX, and Brazil nuts. This is a form of extractive farms, where the trees are not cut down. These are relatively sustainable operations in contrast to lumbering or agriculture dependent on CLEARING the rainforest.The largest ORGANIZATION fighting for the indigenous peoples in this area is COICA. It is a SUPRA organization encompassing all indigenous rightsorganizations working in the Amazon basin area, and covers the people living in several countries.I hope this will help youIf not then comment me |
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| 11. |
Rule of public sector industries in india |
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Answer» time of Independence, Indian economy was facing SEVERE problems of illiteracy, poverty, low PER capita income, industrial backwardness and unemployment. After India attained its Independence in 1947, a sincere effort was made to begin an era of industrial DEVELOPMENT. The government adopted rules and regulations for the various industries. This industrial policy introduction proved to be the turning point in the Indian Industrial history.Industrial Policy Industrial policy is a document that sets the tone in implementing, promoting the regulatory roles of the government. It was an effort to expand the industrialization and uplift the economy to its deserved heights. It signified the INVOLVEMENT of Indian government in the development of industrial sector. With the introduction of new economic policies, the main aim of the government was to free the Indian industry from the chains of licensing. The regulatory roles of the Indian government refer to the policies towards industries, their establishments, their FUNCTIONING, their expansion, their growth as well as their management. I. Industrial Policy of 1948 II. Industrial Policy Resolution, 1956 III. Indian Policy Statement, 1973 IV. Indian Policy Statement 1977 V. Industrial Policy, 1980 VI. New Industrial Policy, 1991 |
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| 12. |
Define money in short answer |
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Answer» r!!MONEY:Money is a medium of exchange in the SENSE we all agree to ACCEPT it in MAKING TRANSACTIONS. It serves as a medium of exchange, a unit of accounting nd a store of value. Hope it helps |
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| 13. |
Economic golden rule |
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Answer» es ur answer my dear friend.In ECONOMICS, the GOLDEN Rule savings rate is the rate of savings which maximizes steady state LEVEL or growth of consumption, as for example in the Solow growth model.hope it HELPS you.jst chillax.. |
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| 14. |
Who is the father of Economic ? |
| Answer» ITH is the FATHER of Economic hope its help you MARK me as BRAINLIST | |
| 15. |
How has liberalisation of trade and investment policies helped the globalisation process |
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Answer» isation is to remove all trade barriers so that MNCs can invest in our COUNTRY and BRING more technology which makes a PERFECT LIFESTYLE. |
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| 16. |
Which side of the india andaman and nicobar located |
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Answer» es UR answer my dear friend.eastoff of the SOUTHERN coast of Myanmar (Burma), between the Bay of Bengal and the Andaman Sea, to the north of INDONESIA's Sumatra island. |
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| 17. |
If an investment bank is using its own money to trade in stock market then it is known as |
| Answer» GET that money by issuing stock or bonds. ... (INCIDENTALLY, "investment bankers," as the term is used in the INDUSTRY, WORK at investment banks that employ trading and sales staffs, who make trades and sell stocks and bonds to investors. | |
| 18. |
Why are the formal source of credit prefferd over the informal source of credit ? Hive reason? |
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Answer» e few DIADVANTAGES of informal sources of credit due to which formal sources of credit are preferred:High cost of borrowing leads to a major share of earnings going into payment of interest on the loan.(ii) Sometimes the higher interest rate leads to the requirement to pay more than the earnings, thus FALLING into a debt-trap.(iii) Borrowers falling into debt-traps discourage more people from borrowing, thus reducing development of the country.(iv)Banks and COOPERATIVE societies lending to more borrowers will LEAD to higher incomes and many people could then borrow cheaply for a variety of needs like GROWING crops, set-up business or small-scale industries. |
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| 19. |
Explain the practical or Statistical difficulties involved in the estimation of national income. |
| Answer» L INCOME TAX RETURN ESTIMATE | |
| 20. |
Explain the role and importance of firms and industries? |
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Answer» d Importance of SMALL ScaleIndustries. Small scale industries areimportant because it helps in INCREASING EMPLOYMENT and ECONOMIC development of India. It improves the growth of the country by increasing urban and rural growth. |
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| 21. |
What does Y=E line represent |
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Answer» ??....???????? |
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| 22. |
Explain the rationale for naming the primary sector as primary |
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Answer» he first STEP to FORM product since it is CALLED as primaryit involves the extraction of raw MATERIALS |
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| 23. |
Who is world's richest person |
| Answer» HEST Person Of the WORLD RIGHT Now is :-JEFF BezosHope it'll HELP You...... | |
| 25. |
Difference between fiscal and monetary policy |
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Answer» Policy Government's program with purchase of goods and services and spending on transfer payments and amount and type of taxes. PAST year U.S. budget has shifted from surplus to deficit as result of changes in fiscal policy. Combination of tax reductions, increased spending and 2001 recession caused a shift. Tax cuts and increased spending are part of government's fiscal policy that is framed to INCREASE short-run economic GROWTH. Monetary Policy Monetary policy's effect on economy is explained in Federal Reserve System's Purposes and Functions publication. Federal Reserve Act lays out goals of monetary policy. It specifies that conducting monetary policy Federal Reserve System and Federal Open Market Committee should seek "to promote effectively goals of maximum employment, stable prices and little long-term rate of interest." Using tools of monetary policy Federal Reserve can affect money amount and credit interest rates. It influences employment, output and NORMAL level of prices. |
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| 26. |
What is meant by arithmetic mean? How is it calculated? |
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Answer» he QUANTITY obtained by summing two or more numbers or variables and then dividing by the NUMBER of numbers or variables.It another NAME is average or average value.Mean = (SUM of observations)/(Number of observations)x is the symbol of the arithmetic mean. |
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| 27. |
What is consumption |
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Answer» tion is a process or ACTION of consuming or an AMOUNT consumed.hope it will HELPS you FRIEND |
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| 28. |
list the non farm activities in village palampur. which activity do you feel most useful for the villagers? give two reasons. |
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Answer» ming activities in PALAMPUR : dairy farming small MANUFACTURING units like weaving , spinning , etc..shops tailoringmanufacturing goods trade, dairy, manufacturing INDUSTRIES are the best because ;. ........it provides employmentalso a SOURCE of income.........:) hope it helps you ☺️☺️please mark it as brainliest |
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| 29. |
What is the importance of nucelgy energy for india information about powr plants? |
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Answer» energy is very important for the GROWTH of India. we can use that in defence and security of our country . India has been able to HOLD many nuclear tests till now And is able to show its POWER to the NEIGHBOURING countries |
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| 30. |
"Online shopping generate new economy"- Comment your opinion with proper Justification. |
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Answer» t is right that online SHOPPING develop our India . if the online company is belong to India. and not to foron COUNTRIES LIKE Amazon from America so it is HELPS to America in increasing of economy. I HOPE this answer is helpful for u. |
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| 31. |
What is woman empowerment? explain its nature |
| Answer» EMPOWERMENT is the process in which WOMEN ELABORATE and RECREATE what it is that they can be, do, and accomplish in a circumstance that they previously were DENIED. | |
| 32. |
How does seasonal unemployment affect food security? |
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Answer» when the SEASON was fully BAD then it AFFECT the CROP very much and the crop was fully destroyed and no ONE can eat it |
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| 33. |
Why do we need to ensure food security |
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Answer» to ensure FOOD security because all NEED food no one can LIVE without food so we ensure the food security |
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| 34. |
Why india should move away from an agrarian based to a tertiary based economy? |
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Answer» nomy of India is a DEVELOPING mixed economy.It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing POWER parity (PPP). The country ranks 139th in PER capita GDP (nominal) with $2,134 and 122nd in per capita GDP (PPP) with $7,783 as of 2018.After the 1991 economic liberalisation, India Achieved 6-7% average GDP growth annually. Since 2014 with the exception of 2017, India's economy has been the world's fastest growing MAJOR economy, surpassing China. |
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| 35. |
Explain the benefits of international trade? |
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Answer» s of International Trade. ...International trade is the exchange of services, goods, and capital AMONG various countries and regions, WITHOUT MUCH HINDRANCE. The international trade accounts for a good part of a country's gross DOMESTIC product |
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| 36. |
Expansion of MNC methods adopted |
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Answer» national corporation or multinationalenterprise is an organization that owns or controls production of goods or services in one or more countries other than their HOME country. The distinctive FEATURES of multinational companies are as follows.A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. Such companies have offices and/or factories in different countries and usually have a centralized head office where they COORDINATE global management.Features of Multinational Corporations (MNCs):(i) Huge Assets and Turnover: ...(ii) International Operations Through a Network of Branches: ...(iii) Unity of Control: ...(iv) Mighty Economic POWER: ...(V) Advanced and Sophisticated Technology: ...(vi) Professional Management: ...(vii)Aggressive Advertising and Marketing |
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| 37. |
Which of these BEST describes a situation in which a country has a "trade deficit"? |
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Answer» eficit is a situation where the AMOUNT by which the COST of a COUNTRY's imports exceeds the VALUE of its exports.hope it helps you!please mark me as brainliest if you are SATISFIED |
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| 38. |
What are the major to accelerate the rate of economic growth ? |
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Answer» c growth is the increase in the inflation-adjusted MARKET value of the goods and services PRODUCED by an economy over TIME. It is conventionally measured as the percent RATE of increase in real gross domestic product, or real GDP. |
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| 39. |
How do governments get the money for the goods and services that they provide? |
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Answer» ernment gets MONEY by the following ways:-By different taxes they take from usfor EXAMPLE GST, income tax.etc. |
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| 42. |
What factors led to the end of bretton woods and and beginning of globalisation? |
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Answer» s system are :(i) A decline in economic power of the USA.(ii) Change in the international financial system.(iii) Unemployment in industrialized countries.(IV) Shifting of production enterprises.(v) Changes in China.(i) Decline in economic power of the USA :(a) US dollar no longer commanded confidence.(b) US dollar could not maintain its value in relation to gold.(c) A collapse of fixed exchange rates on floating exchange rates.(ii) Change in the international financial: The International MONETARY FUND and the World Bank were created to meet the financial needs of the industrial countries. The international financial system changed, and developing countries were forced to BORROW from western commercial banks.(iii) Unemployment in industrialized countries: Industrial world was hit by unemployment. The number of unemployed started rising and peopletrudged long distances looking for any work they could find.(iv) Shifting to production enterprises:MNCs shifted their production units to ASIAN countries because of cheap labor and low wages.(v) Changes in China: China became an attractive destination for investment by foreign MNCs. |
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| 43. |
Situation of food security in india |
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Answer» on of food security in indiaFood security entails ensuring adequate food supply to people, especially those who are deprived of basic nutrition. Food security has been a major concern in India. According to UN-India, there are nearly 195 million undernourished people in India, which is a quarter of the WORLD's hunger BURDEN. Also roughly 43% children in India are chronically undernourished.[1] India ranks 74 out of 113 major countries in terms of food security index. Though the available nutritional standard is 100% of the requirement, India LAGS far behind in terms of quality protein intake at 20% which needs to be tackled by making available protein rich food products such as eggs, meat, fish, chicken, etc. at affordable prices[2]HEY MATE I GIVE YOU THE ANSWER SO PLEASE MARK ME AS A BRAINLIST ANSWER |
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| 44. |
Locate the Asian countries in world map |
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Answer» was HELPFUL and ALSO MARK me as BRAINLIEST |
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| 45. |
What is the difference between classical economics and behavioral economics? 1: Classical economics deals with investing money and behavioral economics deals with spending. 2: Classical economics refers to 19th century economics while behavioral economics deals with modern economics. 3: Classical economics assumes people are rational and logical while behavioral economics adds psychology to the mix. 4: There is no difference. They are different terms for the same thing. |
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Answer» ssical economics REFERS to the 19th CENTURY Economics with BEHAVIORAL economics deals with the modern economics is a good to provide the basic and the terms conduct conduct in the RBI |
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| 46. |
What is the minimum wage for a farm Labourer set by the government in 2019? |
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Answer» nimum WAGE for a FARM LABOURER set by the GOVERNMENT in 2019 is ₹ 350 per day.Hope this helps you dude ☺️☺️✌️✌️✌️ |
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| 48. |
Fulll form of evm telll me |
| Answer» E, Here's UR answer. ELECTRONIC Voting Machine is the full form of EVM. HOPE it helps U...... :) | |
| 49. |
Difference between equal and equitable distribution of income |
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| 50. |
Define economics and elaborate its importance |
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Answer» cs is the study of how SOCIETIES, governments, businesses, households, and individuals allocate their scarce resources. Our discipline has two important FEATURES. ... The study of economics can ALSO provide valuable knowledge for making decisions in everyday life.It attempts to explain how wealth is created and distributed in COMMUNITIES, how people allocate resources that are scarce and have many ALTERNATIVE uses, and other such matters that arise in dealing with human wants and their satisfaction. |
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