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.

Explain the ways by which production is interlinked by mncs

Answer»

buy up local COMPANIES and the expand the production. eg:- Cargil FOODS bought smaller INDIAN companies as Parekh Foods 2) MNC produce raw materials for their production from local producers which has HELPED the LATTER to grow.3) they set up production jointly with local companies.Hope this helps you

2.

Explain the factors that have unabled globalisation

Answer»

tors that enabled GLOBALISATION are 1) Rapid IMPROVEMENT in TRANSPORTATION has been one of the major factors that stimulated globalisation process2) with the EXTREME boost of communication and information technology has LED to enable globalisation

3.

Why public sector is necessary when private providing quality service?

Answer»

it HELPS you.thank YOUPLZ MARK as BRAINLEST

4.

Why is the demand curve of a firm under monopolistic competition more elastic than under monopoly? Explain?

Answer»

polistic firm the seller can varies the price due to the differentiation in the PRODUCT and the other SELLERS are selling the CLOSE substitutes so the DEMAND of this form is relatively more elastic than Monopoly as in Monopoly there is the single seller the demand of the product does not CHANGE simultaneously

5.

Whicj type of finance is more economical internal or external source why

Answer» RASTEXTERNAL sources of finance include FINANCIALINSTITUTIONS, Loan from banks, Preference Shares, Debenture, Public Deposits, Lease financing, COMMERCIAL paper, Trade Credit, FACTORING, etc. While internal sources of finance areeconomical, external sources of finance are expensive
6.

Whats the definition of receipt of money in hindi with 10 points?

Answer»

pt is a piece of PAPER that you get from someone as confirmation that they have RECEIVED money or goods from you.रसीद nfI wrote her a RECEIPT for the money.

7.

What refers to the borrowing raised by indian corporates from international market?

Answer»

l commercial BORROWING. External commercial borrowing (ECBs) are loans in INDIA made by non-resident lenders in foreign currency to Indian borrowers. They are USED widely in India to facilitate access to foreign money by Indian corporations and PSUS (public sector UNDERTAKINGS).

8.

What is inflationary gap explain the role of margin requirements in removing this gap?

Answer»

and REPRESENT INFLATIONARY gap on a diagram. Explain the role of the varying reserves requirement in removing the gap. Inflationary gap occurs when AD>AS corresponding to full employment level. This inflationary gap, i.e. excess of Aggregate Demand CAUSES INFLATION in the economy and price LEVELS tend to rise.

9.

What is the basic causes of reduction of poverty in india economics?

Answer»

the most important causes of poverty in India are as follows: 1. Lack of Inclusive Economic Growth 2. Sluggish Agricultural Performance and Poverty 3. Non-implementation of Land Reforms 4. Rapid Population Growth 5. Unemployment and Under-employment 6. SLOW Growth of Employment OPPORTUNITIES in the Organised Sector 7. Inflation and Food Prices. Even under-estimates of poverty as made by NSS 1999-2000 show that 260 million persons or 26 per cent of population live below the poverty line, that is, do not have sufficient consumption expenditure to meet minimum food intake in terms of calories. 70 per cent of the poor live in the RURAL areas. What are the causes of this mass poverty? We explain below some important causes of poverty in India. Answer No -1 1. Lack of Inclusive Economic Growth: The first important reason for mass poverty prevailing in India is lack of adequate economic growth in India. In the first three decades of planned development (1951-81) in India, annual average growth in national income had been 3.6 per cent. With 2.1 per cent per cent per annum growth in population, per capita income grew by only 1.5 per cent per annum during this period. In addition, with the increase in saving rate from about 9 per cent in 1950-1951 to 20 per cent of GDP in 1979-80, increase in per capita consumption expenditure was too small to make any significant dent on the problem of poverty. Besides, because of prevailing income inequalities per capita consumption expenditure of the poor could have hardly risen. In the next two decades of development (1981-2000) national income increased on an average by 5.5 per cent per annum. With about 2 per cent per annum growth in population, per capita income rose by 3.5 per cent which was quite high and, as seen above, did result in some decline in poverty ratio both in the rural and urban areas. But this could not SUFFICIENTLY reduce poverty because land reforms could not be implemented in agriculture and industrial growth did not generate much employment opportunities. Besides strategy of growth benefited the rich more than it helped the poor. Capital intensive and labour-displacing technology was adopted in the growing industries. As a result, unemployment and underemployment increased. Besides, due to the increase in income inequalities during this period, rise in average per capita income could not bring about significant rise in per capita income of the weaker sections of the society.

10.

The process of selling trade debts of a clints to a financial intermediary is called

Answer»

cess of SELLING trade debts of a CLIENT to a financial INTERMEDIARY is called——— a. Bill DISCOUNTING.

11.

Role of bankng sector in functioning of financial system

Answer»

sector plays an very IMPORTANT role.Bank lends money to borrowers and accept deposits from investors. Banks CREATE money through CREDIT creation by way of DEMAND deposits. hope this will help you.mark it as brainliest.

12.

State reasons why service sector in india is growing 0

Answer»

it is main SECTOR in DEVELOPMENT and most of PEOPLE of INDIA work in SERVICE sector.

13.

Importance of public finance in developed and developing economy

Answer»

terms, public finance policies should be designed on the BASIS of promoting a stable ECONOMIC growth and development. ... In developed countries its role is to EXPAND both PRODUCTION capacity as well as the level of aggregate MONETARY demand in relation to their economic growth.

14.

Name a scheme which was launched to create self employment opportunities for the youth in rural areaeconimics

Answer» L Rural EMPLOYMENT GUARANTEE Act(NREGA)
15.

How growth is related to capital appreciation in dividend growth model?

Answer»

Growth Model Formula. The Gordon Growth Model, ALSO known as the DIVIDEND Growth Model, assumes that DIVIDENDS grow at a constant or stable rate. The formula is Intrinsic value of STOCK = D/(k-g). Consider a company whose stock is TRADING at $110 per share.

16.

Measures taken to minimise the effects of demonetisation

Answer»

s of money also COUNT close substitutes of cash including the AMOUNT .... MONETISATION in ORDER to MINIMISE the adverse effects of demonetisation.

17.

How are the activities in tha economy classified on the basis of employment condition?

Answer»

IVITIES IN THE ECONOMY BASED ON EMPLOYMENT CONDITION IS1. ORGANISED SECTOR: here the workers enjoys security of employment. the works for fixed hours and are offered GOOD wages.2. UNORGANISED SECTOR: here the workers are LOW paid. there are rules and regulations but these are not FOLLOWED.

18.

Explain the role of deficit financing in developing economy.

Answer»

sult, inflation may occur, because the supply of goods does not SIMULTANEOUSLY increase with the increase in money supply. Deficit financing OCCUPIES a pivotal position in any PROGRAMME of planned ECONOMIC DEVELOPMENT. But, it has one major defect. It creates excess purchasing power.

19.

What are the main objectives of fiscal policy describe the role of fiscal policy in the economic growth of developing economy?

Answer»

THIS ANSWER WILL HELP YOU☺️The objective of fiscal policy is to maintain the condition of FULL EMPLOYMENT, economic stability and to stabilize the rate of growth. For an under-developed economy, the main purpose of fiscal policy is to accelerate the rate of capital formation and investment.if you like please MAKE it as Brainliest

20.

Country that has highest gdp in terms of ppp valuation

Answer»

s the COUNTRY that has highest GDP in term of PPP (PURCHASING power parity) VALUATION

21.

Role of different national and international institutions for oil and gas industry

Answer» OING rlddtxixciycxykcv ch CHL ho lh H h lh hvhhlv hkv khvkhv
22.

Measuring the aggregate values of spending that the firms receive for the final goods and services which they produce is called

Answer»

the ANSWER to the QUESTION

23.

Classify the economy on the basis of nature of activities. Mention the main feature of each

Answer»

NOMY OF THE BASIS OF NATURE OF THE ACTIVITIES ARE1. PRIMARY ACTIVITY : primary activities are directly dependent on the environmental resources such as land ,water ,vegetation etcetera. it was include hunting fishing agriculture mining etc. so they are known as initial or agriculture and related sector2. SECONDARY ACTIVITIES: secondary activities add value to the natural resources by transferring RAW materials into valuable PRODUCTS. these activities are concerned with manufacturing and construction industries so they are known as industrial sector.3. TERTIARY SECTOR: tertiary sector includes both production and exchange.the production involves the PROVISION of services that are consumed for example banking transportation communication teaching nursing etcetera all tertiary sector. hence it is known as service sector or last sector...HOPE IT WILL HELP U✌✌✌✌

24.

Causes of regional development disparities in india

Answer»

auses Responsible for Regional Imbalances in IndiaHistorical Factor: ...Geographical Factors: ...Locational Advantages: ...Inadequacy of Economic Overheads: ...Failure of Planning MECHANISM: ...MARGINALIZATION of the Impact of Green Revolution to Certain Regions: ...Lack of Growth of Ancillary Industries in BACKWARD States: ...Lack of Motivation on the PART of Backward States:

25.

If you are a resident of village what measures you will suggest for the problem of poverty

Answer»

ਖਧੈਦਨ ਠਵਵੜਵਡੜਡੜਢ ਓ੍ਰਢ ਗਜ਼ ਜ੍ਰਢਜ ਜਜਡਜ੍ਹਜ ਫਸ ਗਜ਼ ਗਜ਼ ਫਸਟ ਸ਼ਖਸ ਡਸ੍ਰ ਸਡਪਸ ਠਸਸਡ ਡਿਠਿਆਂ ਡਿਪਿਪ ਇਕ ਠਿਪ ਪ੍ਰਧਾਨ ਆਏ ਪੜ ਸ਼ਖਸ ਨਕਸ਼ ਇੜਿੜਗਿਇੜਿਠਿ ਸਿੰਘ ਇਟਲੀ ਸਨ ਸ਼ਖਸ ਇਕ ਸ੍ਰਿਠਿਇੜਿਡਿਸ੍ਰਸਡਿਸ ਇਸ ਇਪਸ੍ਰਸ ਸਿਪਿੜਸ ਪੜ ਇਸ ਨਗਨ ਨਗਨ ਪ੍ਰਭੂ ਆਏ ਕਦ ਹੈ ਓਦੋਂ ਹੈ ਝੋਨੇ ਹੈ ਉਪ ਨਗਨ ਹੋ ਦੋ ਦੋ ਦੋ ਦੋ ਹਰ ਖੜ ਖੜ ਐਬ ਹੈ ਏਵ ਛੇ ਸਨ ਐਬ ਔਣ ਟ੍ਰੈਫਿਕ ਘੜ ਹੈਂ ਜੈ ਸਿੰਘ ਨੇ ਕਿਹਾ ਹੈ ਓਦੋਂ ਹੈ ਝੋਨੇ ਦੀ ਇਸ ਹੋਈ ਤਾਂ ਉਨ੍ਹਾਂ ਨੂੰ ਵੀ ਇਸ ਨਗਨ ਹੋ ਇਸ ਨੂੰ ਇਸ ਨੂੰ ਇਸ ਨਗਨ ਫੋਟੋ ਨੰਗੇ ਸੈਕਸ ਜਦ ਜਦ ਹਧ ਕਿ ਜ

26.

What is the full form of SHG's?

Answer»

.GMHERE IS UR ANSWER...self-help group'sHOPE IT HELPS U...

27.

What is primary data

Answer» SERVED or COLLECTED DIRECTLY from first-hand experience. Published data and the data collected in the past or other PARTIES is called secondary data.plzz mark it
28.

Why is the demand for labor called a "derived demand."?

Answer»

ate The DEMAND for labor is called a derived demand because the demand for labor COMES from the demand for GOODS PRODUCED by labor.Hope this helps u

29.

Why is manufacturing sector considered as the backbone of indian econiomy?

Answer»

facturing sector not only helps in modernising agriculture but also forms the backbone of indian economy and reduces the heavy dependence of people on agricultural income by providing jobs in tertiary and secondary sector.2) Industrial DEVELOPMENT helps in eradication of poverty and unemployment.3) It BRINGS down the regional disparities by establishing industries in tribal and backward areas.4) EXPORT and import of manufactured products helps in commerce and trade and brings ENOUGH foreign exchange in the country.5) Countries that transform raw materials to a wide variety of finished products with high price are PROSPEROUS and India's prosperity lies in increasing and developing manufacturing industries.hope it helps!!

30.

Differentiate between private and public sector

Answer»

ood_________Private sector➡ PRICES are DETERMINED by market foces of demand and supply.➡ Products is UNDERTAKEN in motive to earn profit.Public sector➡ production is taken undertaken for SOCIAL welfare.➡ Prices are determined by the central authority..Hope it's helpfulMark this is BRAINLIST ✌ ✌

31.

"production and cosumptionof steel is often regarded as the index of a country's development." Examine the statement.

Answer»

s the most commonly used and probably most important THING in any economy. This is so because a large part of the industrial sector depends upon iron and steel for there raw materials and in the production of capital goods. THUS production and consumption of steel is very much the index of any ECONOMIC DEVELOPMENT.

32.

Who was behind economic liberalization in india 1992 real story?

Answer»

n Singh the then Finance MINISTER and Prime Minister P.V narasimha rao was the MAIN behind the economic liberalization in India in 1992..it it's not the correct ans. then ignore it PLZ.....sorry..!!

33.

What is total opportunity cost . Define in minimum 250 words.

Answer»

ost in economics includes thetotal opportunity cost of each factor of production as PART of its fixed or variable costs. The rate at which total cost changes as the amount produced changes is called marginal cost. You should not ignore the tax angle when changing your job.Answered: What is opportunity cost?As far as the definition goes, Opportunity Cost is what you have to forego when you need to make a choice between different alternative choices.Let us leave the definition aside and have a look at a few examples to understand more:Example 1:You go out to have an ICE cream. There are 2 flavors : Vanilla and Strawberry and one SCOOP costs $1 each.And you have only $1, so you can only have one scoop.You decide to have Vanilla. The opportunity cost here would be the pleasure that you would have got from consuming the strawberry ice cream but given the limited resources, you could have purchased only one of the two flavors.Example 2: Assume you have $100 and have two options in front of you:Option 1:  Put it in a fixed deposit which returns 10% after an year.Option 2: Invest in a lemonade business (returns unpredictable)In Option 1, you have $110 dollars at the end of the year.Suppose you chose Option 2, and made returns of 5%  and ended up with $105. Here, the Opportunity cost would be: 110 - 105 = $5Hence, the cost of the opportunity that you let go because of having to CHOOSE one alternative between the several alternatives present.4.1k Views · View 16 UpvotersYour feedback is private.Is this answer still relevant and up to date?Sponsored by Palo Alto Networks2018 Cyberthreat Defense Report from CyberEdge.A penetrating look at how IT security professionals view cyberthreats and defend against them.Opportunity cost is the delta between what you’re currently doing and what you could be doing instead.Truthfully, most people never understand this idea of opportunity cost.I’ll give you a perfect example:There are two kinds of professions in this world. The kind where you get paid by the hour (hours for dollars), and the kind where you create something once but then get paid on residual.I grew up in a very wealthy neighborhood—top 1% of the United States, and easily top 0.5% of the world.Most of these successful families are the result of “hours for dollars” jobs: doctors, lawyers, bankers, etc. They make great money while they’re clocked in, but their income halts as soon as they stop showing up to the office.Having watched my own FATHER, a surgeon, work tirelessly for my entire life, I have have taken it upon myself to reach out and learn from those who achieved the same or much greater levels of monetary success, but actually work less. After all, what good is a mansion and a driveway full of sports cars if you’re too busy to enjoy it?What I’ve learned is the primary difference between those that sit in the top 1% of income earners and those that live in the top .01% think about their resources differently.⬆️⬆️⬆️⬆️⬆️⬆️HOPE IT HELPS you pls Mark me as brainliest ✅✅

34.

Which logo would like to see whule purchaseing a tin adival oil

Answer» K is CHECKED
35.

Tan square theta +cos square theta = xsqure +1÷x square

Answer»

helps !!I think there is SOMETHING given in this QUESTION but still I do by let cos theta = X

36.

Increase an asset and increase revenue

Answer»

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37.

Scarcity is the root of all economic problems.explain the statement (4marks)

Answer»

y, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. Therefore, we have to choose. We have to make trade-offs. We have to efficiently allocate resources. We have to do those things because resources are limited and cannot meet our own unlimited demands.Without scarcity, the science of economics would not exist. Economics is the study of production, distribution, and consumption of goods and services. If society did not have to make choices about what to produce, distribute, and consume, the study of those actions would be relatively boring. Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of HUMANS. Everyone would get everything they wanted, and it would all be free. But we all know that is not the case. The decisions and trade-offs society makes due to scarcity is what economists study. Why are certain decisions made and what is the next best alternative that was forgone?As noted, if scarcity did not exist, all goods and services would be free. A good is considered scarce if it has a non-zero cost to consume. In other words, it costs something. Almost every good we consume as individuals, or as a society, costs something and is scarce. By CONSUMING one good, another good is foregone. Therefore, scarcity creates a need for decisions and trade-offs to be made.Why are some scarce goods more expensive than other scarce goods? The cost of a good is a signal of its scarcity. One good may be more scarce than another, either because of limited resources or higher want (demand) for that good.Let's TAKE two scarce goods - shark meat and chicken. Both have a non-zero cost/price, but we would all agree shark meat is much more expensive to buy than chicken. Why is that? The resources to produce shark meat are LARGELY limited by the labor and capital it takes to catch a shark, while the labor and capital required to produce chickens is less limiting. Even though the resources to produce both are limited, there is much more labor and capital available to produce chicken meat than shark meat. Not to mention the quantity of sharks is also much more limited than that of chickens. Factors like production costs and labor affect the cost of scarce items.If the unlimited wants and needs of a particular good can be met by resources, then it is not considered scarce.

38.

Regional inequality in india

Answer»

l INEQUALITY in India- there are concerns that REGIONAL inequality in India was increased after the economic reforms of 1991. This concern is supported by VARIOUS statistical analyse. In PARTICULAR Human Development indices do not show the same INCREASE in regional inequality.

39.

Which region of the world have the maximum amount of crude oil reserve

Answer» DY Here's your answer Venezuela has the largest amount of PROVEN oil RESERVES in the WORLD. I hope this helps you ❤Follow me!Mark as brainliest
40.

Describe the growth of Information Technology and electronic industry

Answer»

IT sector has recorded a compound annual growth RATE of 55% from USD 270 million in 1992 to 5.7 billion in the Fiscal year 1999-2000 the nasscom-mckinsey report projects about USD 87 billion in 2008 for Indian IT companies in the era of globanization and knowledge economy propelled by the phenomenal growth in IT a PARADIGM shift in productivity and economic DEVELOPMENT and in management thought is clearly DISCERNIBLE significant growth has been witnessed in the electronics and IT sector during 1980s and 1990s the electronics production in value TERMS has increased from $9100 millions in 1989-90 to $687000 millions in 2000-01 the software exports grew from$1650 millions to $285000 in 1980s the outsourced or trans-border IT enable services (ITES) have a great potential for growth and contribution towards employment opportunities in India unlike most developing countries India is expected to gain from the emerging digital economy

41.

Distinguish between Reserve Bank of India and Commercial Bank

Answer»

uish between RESERVE Bank of INDIA and Commercial Bank⬆️⬆️⬆️⬆️⬆️HOPE IT HELPS you PLS Mark me as brainliest ✅✅

42.

Define income demand

Answer»

omics, income elasticity ofdemand measures the responsiveness of the QUANTITY demanded for a good or service to a change in income. It is calculated as the ratio of the percentage change in quantity demanded to the percentage change in income. ... Note thatdemand for all INFERIOR GOODS is fairlyincome inelastic.

43.

New population policy

Answer»

ION POLICY. Population policy may be DEFINED as deliberately constructed or modified institutional arrangements and/or SPECIFIC programs through which GOVERNMENTS influence, directly or indirectly, DEMOGRAPHIC CHANGE.

44.

The district where most of people under poverty line

Answer»

as a SIGNIFICANT PROBLEM of poverty, despite being one of the ... the world had 872.3 MILLION people below the NEW poverty LINE, India had third highest number of people living ...

45.

Economic important of primary sector in the state of j and k

Answer»

mary sector is the AGRICULTURE, FORESTRY, fishing and mining sector. This sector provides food for the othersectors. The primary sector is usually most important in less-developed countries, and typically less IMPORTANTIN industrial countries. Primary sectorcontributes more than 20% to the GDP of India.pls mark me as brainlist ANSWER

46.

In India census is carried out of once

Answer»

ATE HERE'S YOUR ANSWER>>The decennial Census of INDIA has been conducted 15 times, As of 2011. While it has been conducted every 10 years, beginning in 1872, the first complete census was taken in the year 1881.[1] Post 1949, it has been conducted by the Registrar General and Census Commissioner of India under the Ministry of Home Affairs, Government of India. All the census since 1951 are conducted under 1948 Census of India Act. The last census was held in 2011 and next census will be held in 2021.HOPE IT HELPSPLZ MRK AS BRAINLIST

47.

Explain the three basic role of Indian economy

Answer»

ndustries provide so many benefits to the ECONOMY i.e. employment generation, PRODUCTION of GOODS and services, equal INCOME distribution in the whole economy. Service sector contributes 60% of theIndian GDP while agriculture gives around 14% of GDP.i hope it helps uh ✌️✌️

48.

What is the scope of infrastructure development of india

Answer»

ATE HERE'S YOUR ANSWER>>Introduction. INFRASTRUCTURE sector is a key driver for the Indian economy. The sector is highly RESPONSIBLE for propelling India's overall development and enjoys intense focus from GOVERNMENT for initiating policies that would ENSURE time-bound creation of world CLASS infrastructure in the country.HOPE IT HELPSPLZ MRK AS BRAINLIST

49.

What is the main purpose of midameals

Answer»

l Programme of NUTRITIONAL SUPPORT to Primary Education, popularly known as the Mid-Day Meal Scheme (MDM) was STARTED in 1995 in an attempt to enhance enrolment, retention and attendance while simultaneously improving nutritional LEVELS AMONG children in school. It currently covers nearly 12 crore children.

50.

What is the main purpose of midmeds schem

Answer» N OBJECTIVE of the scheme is to increase enrollment, retention, attendance and to improve the nutritional LEVEL of such children through supplementary nutrition . It is an incontrovertible fact that Mid DAY MEAL Programme exerts a positive influence on the enrollment and attendance in schools.