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 in detail the different types of bank accounts​

Answer»

1. Current account

A current account is a deposit account for traders, business owners, and entrepreneurs, who need to make and receive payments more often than others. These accounts hold more liquid deposits with no limit on the number of transactions per day. Current accounts allow overdraft facility, that is withdrawing more than what is currently available in the account. Also, unlike savings accounts, where you earn some interest, these are zero-interest bearing accounts. You need to maintain a minimum balance to be able to operate current accounts.

2. Savings account

A savings bank account is a regular deposit account, where you earn a minimum rate of interest. Here, the number of transactions you can make each month is capped. Banks offer a variety of savings accounts based on the type of depositor, features of the product, age or purpose of holding the account, and so on. There are regular savings accounts, savings accounts for children, senior citizens or women, institutional savings accounts, family savings accounts, and so many more.

You have the option to pick from a range of savings products. There are zero-balance savings accounts and also advanced ones with features like auto sweep, debit cards, bill payments and cross-product benefits. A cross-product benefit is when you have a savings account with a bank and get to avail special offers on opening a second account such as a demat account.

3. Salary account

Among the different types of bank accounts, your salary account is the one you have opened as per the tie-up between your EMPLOYER and the bank. This is the account, where salaries of every employee are credited to at the beginning of the pay cycle. Employees can pick their type of salary account based on the features they want. The bank, where you have a salary account, also maintains reimbursement accounts; this is where your allowances and reimbursements are credited to.

4. Fixed deposit account

To park your funds and earn a decent rate of interest on it, there are different types of accounts like fixed deposits and recurring deposits.

A fixed deposit (FD) account allows you to earn a fixed rate of interest for keeping a certain sum of money locked in for a given time, that is until the FD matures. FDs range between a maturity period of seven days to 10 years. The rate of interest you earn on FDs will vary depending on the tenure of the FD. Generally, you cannot withdraw money from an FD before it matures. Some banks offer a premature withdrawal facility. But in that case, the interest rate you earn is lower.

5. Recurring deposit account

A recurring deposit (RD) has a fixed tenure. You need to invest a fixed sum of money in it regularly -- every month or once a quarter -- to earn interest. Unlike FDs, where you need to make a lump sum deposit, the sum you need to invest here is smaller and more frequent. You cannot change the tenure of the RD and the amount to be invested each month or quarter. Even in the case of RDs, you face a penalty in the form of a lower interest rate for premature withdrawal. The maturity period of an RD could range between six months to 10 years.

6. NRI accounts

There are different types of bank accounts for Indians or Indian-origin people living overseas. These accounts are called overseas accounts. They include two types of savings accounts and fixed deposits -- NRO or non-resident ordinary and NRE or non-resident external accounts. Banks also offer foreign currency non-resident fixed deposit accounts. LET US quickly see the VARIOUS types of bank accounts for NRIs-

a) Non-resident ordinary (NRO) savings accounts or fixed deposit accounts

NRO accounts are rupee accounts. When NRIs deposit money in these accounts, usually in foreign currency, it is converted into INR at the prevailing exchange rate. NRIs can park money earned in India or overseas in NRO bank accounts. Payments like rent, maturities, pension, among others, can be sent abroad through NRO accounts. The income earned on these deposit accounts is taxed.

b) Non-resident external (NRE) savings accounts or fixed deposit accounts

NRE deposit accounts are similar to NRO accounts and the funds in these accounts are maintained in INR. Any money deposited into these accounts is converted into INR at prevailing exchange rates. But, these accounts are only for parking your earnings from abroad. The funds, both principal and interest, are transferable. But, the interest earned on these deposit accounts is not taxed in India.

C) Foreign currency non-resident (FCNR) account

As the name suggests and unlike the other two types of bank accounts, FCNR accounts are maintained in foreign currency. The principal and interest from these accounts are transferable, but the interest earned is not taxed in India.

2.

Explain the process to select a sample of 5 studente from a population of 25 by random method ​

Answer»

ANSWER:

BRO THANKS for GIVING me POINTS

3.

21. The consumption function of an economy is given as: C = 40 + 0.7Y.Calculate the saving at the incomelevel of 2,200 crores.

Answer»

Answer:

Savings= INCOME- consumption= 2,200- 1680= RS. 520 CRORES.

4.

What is rigging in elections ?​

Answer»

Answer:

Electoral FRAUD, sometimes REFERRED to as election fraud, election manipulation or vote rigging, is illegal INTERFERENCE with the PROCESS of an election, either by increasing the vote share of the favored candidate, depressing the vote share of the rival CANDIDATES, or both.

Explanation:

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5.

How primary sectors is linked with tertiary sectors?10th class CBSE book economic chapter 2​

Answer»

Answer:

Primary sector is LINKED with tertiary sector in FOLLOWING ways :

(1) Tertiary sector provides VARIOUS facilities to the primary sector such as transportation , communication, infrastructure etc.

(2) These facilities enables the development of primary sector .

6.

समस्तर बिंदु किसे कहते हैं​

Answer»

ANSWER:

uthjy7ooohty7oiggtrt

7.

Explain any three ways to increase non farming production activities in villagesplease answer ​

Answer»

Explanation:

non farming activities require CAPITAL. ...

market should be in very LARGE area.

there should be WORKSHOPS for the villagers so that they can build their skills and start their own work.

villages should be CONNECTED to towns and cities through good road, transports and telephone facilities.

8.

The spectators where made to sit in the tent add question tag​

Answer»

ANSWER:

weren't they?

EXPLANATION:

HOPE it will HELP you...!

9.

What is characterstics of tax planning explain​

Answer»

Answer:

Explanation:

There are three key characteristics of tax planning—investing to REDUCE taxes; planning your FINANCES in such a way that you attract the LEAST amount of tax, and the process of tax filing. As a result, tax planning affects all aspects of your MONEY matters

10.

Meaning of statistical method

Answer»

STATISTICAL methods are mathematical formulas, models, and techniques that are USED in statistical analysis of raw research data. The application of statistical methods EXTRACTS information from research data and provides different WAYS to ASSESS the robustness of research outputs.

11.

How many crops are included in the basic pricing policy?

Answer»

Explanation:

GOVERNMENT announces minimum SUPPORT prices (MSPs) for 22 mandated crops and fair and remunerative price (FRP) for sugarcane. The mandated crops are 14 crops of the kharif SEASON, 6 rabi crops and two other COMMERCIAL crops.

12.

..What is meant by production by adding utiility to the natural wealth? a) Trade b) Auxiliary Service C) Tertiary d) Capital Intensive​

Answer»

ANSWER:

the CORRECT option is b AUXILIARY SERVICE

13.

InAno ang kahalagahanng ekonomiks sa iyong pang araw-araw na pamumuhaybilang isang mag-aaral atkasapi ng pamilya at lipunan​

Answer»

ANSWER:

hgghehshdhebsjebebdbsbsbebrbdns

Explanation:

bdbdnyrbskrb4o5ntktnrorbnnnďkdvdb bxbxbxbxbxbbdbhdirvrirve

14.

what do you mean by the enterprises owned by individual in terms of ownership?10th class CBSE book economic chapter 2​

Answer»

Answer:

Enterprises can be CLASSIFIED into Private SECTOR enterprise and Public sector enterprise. Private sector enterprises are OWNED and run by individuals, or a group of individuals, with the aim of making PROFIT. Public sector enterprises are owned and run by the government.

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15.

Read the clues and complete the crossword. These are names of sports equipment.ENw#SI01RQHM MM MTDAcrossDown4. another name for racing shoes1.a round plastic equipment used inmany sportsa part of a structure that forms the goal5. an essential equipment of gamessuch as badminton and tennis2.6. a gear to avoid head injury3. sets of three stumps with two bailsacross the top7. another name for a baseball glove8. a device to protect the teethduring a gamePlease you give me a right answer of this Question I'm give you 50 points of this Question ​

Answer»

ANSWER:

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16.

Due to Decrease in prices of pen, demand of ink increase.what type of good are they​

Answer»

Answer:

LIQUID goods

Explanation:

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17.

Economics it otherwise knowna) business economics b) managerial economics c) short business d) decision making​

Answer»

ANSWER:

BUSINESS econmics

Explanation:

a) is WRITE

18.

State the main limitation of statistics?​

Answer»

Answer:

The important limitations of statistics are:

(1) Statistics laws are true on AVERAGE. Statistics are aggregates of FACTS, so a single observation is not a statistic. Statistics deal with groups and aggregates only.

(2) Statistical methods are best applicable to quantitative data.

(3) Statistics cannot be applied to heterogeneous data.

(4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be MISLEADING.

(5) Only a person who has an expert knowledge of statistics can handle statistical data efficiently.

(6) Some errors are possible in statistical decisions. In particular, inferential statistics involves certain errors. We do not know whether an error has been COMMITTED or not.

Regards

19.

What do you mean by public sector and private sector?10th class CBSE book economic chapter 2​

Answer»

Answer:

The PRIVATE sector is the part of the economy that is run by individuals and companies for PROFIT and is not state controlled. ... Companies and corporations that are government run are part of what is KNOWN as the public sector, while charities and other nonprofit organizations are part of the voluntary sector.

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20.

۳) انسان سمندری فرش کی بناوٹ کا عموما کون سا حصہ استعمال کرتا ہے؟​

Answer»

ANSWER:

SORRY .....to SAY

.

.don't KNOW this LANGUAGE

21.

What happens if sexual couple don't use condom​

Answer»

ANSWER:

You have a 1 in 909 CHANCE of GETTING HIV from your partner without a condom. If you’re female, you have slightly lower chance, or 1 in 1,234, of getting an infection during unprotected vaginal sex with an HIV-positive partner. Using a condom lowers that risk by an average of 80%. Oral sex poses little or no risk of HIV transmission.

Explanation:

22.

The strength of a school from 2015 to 2019 are given below:​

Answer»

Answer:

Types of Natural Resources:

Renewable Resources: These are resources such as air, water, and sunlight that refill naturally.

Non-Renewable Resources: These are resources like fossil fuels and minerals that do not restock reform very slowly.

Biotic: These originate from living beings and organic material like plants and animals.

Abiotic: These come from non-living things and non-organic material. These comprise air, water, and land as well as metals like iron, copper, and silver.

Natural resources are also categories such as actual resources, reserve resources, stock resources and potential resources based on their development stage.

Get the huge list of more than 500 Essay Topics and Ideas

How to Conserve Nature and Its Resources?

Many of the natural resources are being used at a FASTER rate as compared to their speed of production. There is so a necessity for conservation of nature and the natural resources it offers. Here are some of the ways in which these resources can be conserved:

Reduce Water Consumption

Water is available in abundance on Earth. This is one of the reasons people do not consider much before using it. However, if we keep using it at this speed. In the future, we may not be LEFT with as much of it. Therefore, simple things such as turn off the tap while brushing or reuse the leftover water to water the plants can help in this direction.

Reduce Usage of Electricity

Use only as much energy as you require. It is thus advised to limit the usage of electricity. Simple HABITS such as turning off the lights before parting your room, turn off the electric appliances after use. Switching to energy-saving FLUORESCENT or LED bulbs can make a change.

Restrict Usage of Paper

Paper manufacturing depends only on trees. Increasing the use of paper means encouraging deforestation. This is one of the key reasons for concern is in today’s time Always ensure you use only as much paper as necessary. Stop taking PRINT outs and use e-copies instead to do your bit.

hope it helps you

23.

Those costs which changes with the change in volume of output​

Answer»

ANSWER:

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

24.

8.राम और श्याम 3 : 2 के अनुपात में लाभ हानि विभाजन करने वाले साझेदार हैं, उनकी पूँजी 7,500 एवं6,500 रु. है। प्रत्येक साझेदार को पूँजी पर 5% ब्याज देने का प्रावधान है। श्याम 1,200 रु. प्रति वर्षवेतन पाने का अधिकारी है, जो उसने नहीं उठाया है। राम ने 1,500 रुपये तथा श्याम ने 800 रु. आहरणकिये । पूँजी पर ब्याज के पूर्व तथा श्याम का वेतन देने के बाद वर्ष का लाभ 13,500 रु. है । एक चल रहेकानूनी अभियोग के लिए 1,500 रु. राशि भी अलग रखने का उन्होंने निश्चय किया। आकस्मिक संचय2,000 रु. और मैनेजर को कमीशन के लिए लाभ के 5% (इस कमीशन के लगाने के पूर्व के लाभ पर)लगाने की भी व्यवस्था करना है। लाभ-हानि खाता तथा साझेदारों के पूँजी खाते तैयार कीजिए।​

Answer»

ANSWER:

CLICK BRAIN LIST and SEE your answer

25.

An entrepreneur which set up industries in rural areas​

Answer»

ANSWER:

GIVE the full QUESTION bro then I will answer it

Explanation:

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26.

DATE:/ThoseCostswhich changes with thevoluneof outputChange in​

Answer»

Answer:

A; variable costs change DIRECTLY with the output--when

output is zero ,the variable costs will be zero. the total variable costs to a business in CALCULATED by multiplying.

The total quality of output with the variable costs for PER unit of output.

Explanation:

I hope it is HELPFUL u

27.

Why is development a complex process

Answer»

EXPLANATION:

HOPE this will hwelp you

28.

What is the aspirations of workers

Answer»

HEYA MATE HERE U GO...

.

.

.

may this helps you.....

29.

Given below is a cost and revenue schedule of a producer. At what level of output is the producer inequilibrium? Give reasons for your answer.Quantity sold 1,2,3,4,5Price (Rs.)15,16,17,18,19Total Cost (Rs.)14,24,30,51,75​

Answer»

When the quantity of OUTPUT sold is 1,the total PROFIT for each unit of output is maximized and the FIRM or producer is at equilibrium.

Explanation:

The various output price levels and the respective total cost schedule are given in the question.Note that as the output level and the price of each unit of output expands,the total cost of production also increases.Now,in this case the price of each unit of output represents the total revenue obtained by the firm from the sale of each unit and the DIFFERENCE between the unit price of the output and the total cost of production at each level of output denotes the per unit output profit of the firm or company.Notice that at the first unit of output sold or when the quantity of output sold is 1,the per unit output profit of the firm is maximized as the difference between the price and the total cost is maximum at that particular level (15-14).At all the other levels of output,observe that the firm is EXPERIENCE negative per unit of output profit or loss from the sale of each unit of output and the loss is increasing as the firm sells more output.Therefore,when the output level sold is 1,the firm's total profit for each unit of output is maximized and the firm is at equilibrium.

30.

In which type of economy private sector dominate the economic activity​

Answer»

Answer:

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EXPLANATION:

A MIXED economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private ENTERPRISE with public enterprise. As such, there is no single DEFINITION of a mixed economy.] One definition is about a mixture of markets with state interventionism, REFERRING specifically to capitalist market economies with strong regulatory oversight and extensive interventions into markets. The other definition is apolitical in nature, strictly referring to an economy containing a mixture of private enterprise with public enterprise.!

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31.

Budget line indicate, a. price ratio, b.income ratio, c. cost ratio, d. none of these​

Answer»

Answer:

Share. Answer. The Budget LINE indicates the combination of goods a consumer can purchase GIVEN his or her income and the prices in the market. Any bundle above the budget line cannot be achieved as it cost more than the consumers income. HOWEVER a bundle below the budget line cost LESS than the consumers income..

32.

The difference between GDP deflator and inflation rate

Answer»

Answer:

After 2009 inflation rate is also calculated on the basis of CPI. ... CPI is COMPUTED using a FIXED basket of goods, whereas GDP DEFLATOR allows the basket of goods to change over time as composition of GDP changes. Price index with changing basket is CALLED PAASCHE index.

33.

TOMOS COUPOUULJJOWho -.-.-.-Fixed cost is constant even when output is zero. Tru- / false​

Answer»

ANSWER:

TUZYA AAILA

VICHAR.

FALSE

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34.

Give two example of economic activities included in territory sector​

Answer»

\bf\large\underline\pink{Answer:-}

Transport, COMMUNICATION, trade, health, education and administration are important EXAMPLES of TERTIARY activities. These tertiary activities help in the DEVELOPMENT of the primary and SECONDARY sectors. ... So these are also known as support services.

35.

Among Haryana Kerala Bihar which state in India has per capital income in 2015-16​

Answer»

ANSWER:

HARYANA is the CORRECT answer❤❤

Explanation:

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36.

Can extreme levels of pollution hurt the economic development of a high-income country? Why or why not?

Answer»

ANSWER:

Explanation:yes ithurt the economic DEVELOPMENT of high INCOME country

Due to POLLUTION people do not live the and trade do not take place this is major reason

37.

Why do lenders ask for collateral while lending?​

Answer»

ANSWER:

lenders ask for collateral while LENDING because it payment of interest and REPAYMENT of the principal are not made on time, as the last resort the lenders can sell the collateral and RECOVER their MONEY.

38.

Write an article on 'Agricultural crisis and the need to try innovative techniques' in 200 words.​

Answer»

Answer:

Agriculture is the science and art of cultivating PLANTS and livestock.[1] Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. After gathering wild grains beginning at least 105,000 years ago, nascent farmers began to PLANT them around 11,500 years ago. Pigs, sheep and CATTLE were domesticated over 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. Industrial agriculture based on large-scale monoculture in the twentieth century came to dominate agricultural output, though about 2 billion people still depended on subsistence agriculture into the twenty-first.

Modern agronomy, plant breeding, agrochemicals such as pesticides and fertilizers, and technological developments have sharply increased YIELDS, while causing widespread ecological and environmental damage. Selective breeding and modern practices in animal husbandry have similarly increased the output of meat, but have raised concerns about animal welfare and environmental damage. Environmental issues include contributions to global warming, depletion of aquifers, deforestation, antibiotic resistance, and growth hormones in industrial meat production. Genetically modified organisms are widely used, although some are banned in certain countries.

The major agricultural products can be broadly grouped into foods, fibers, fuels and raw materials (such as rubber). Food CLASSES include cereals (grains), vegetables, fruits, oils, meat, milk, fungi and eggs. Over one-third of the world's workers are employed in agriculture, second only to the service sector, although the number of agricultural workers in developed countries has decreased significantly over the centuries.

Explanation:

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39.

Even if poverty ratio declined between 1973-74 and 1993-94,why did the number of poor remain at about 320 million?

Answer»

ANSWER:

becouse there is minner difference in no of POOR PEOPLE in both the YEARS

40.

Where is the largest ongoing expressway project in India?

Answer»

Answer:

12 Under Construction Super Expressways in INDIA. Recently India's longest greenfield six LANE EXPRESSWAY, named as Agra Lucknow Expressway has been inaugurate in Uttar Pradesh. The longest under construction expressways in India is GANGA Expressway, The 1047 km long expressway will run along with river Ganga.

41.

Asia no. 1 richest man​

Answer»

ANSWER:

Mukesh AMBANI

Explanation:

INDIA's Mukesh Ambani is a ASIA's RICHEST person...

42.

Concepts of revenue explain​

Answer»

Answer:

Revenue refers to the amount received by a firm from the sale of a GIVEN quantity of a commodity in the market. Revenue is a very IMPORTANT concept in economic analysis. It is DIRECTLY influenced by sales level, i.e., as sales increases, revenue ALSO increases.

43.

Explain the difference between GDP deflator and inflation rate. Does GDP deflator help us estimate the inflation rate?

Answer»

ANSWER:

The GDP price deflator measures the CHANGES in PRICES for all goods and services produced in an economy. ... The GDP deflator is a more comprehensive inflation measure than the CPI index because it isn't BASED on a fixed BASKET of goods.

44.

What do people need to get more income ?​

Answer»

ANSWER:

INTELLIGENCE cleverness

Explanation:

45.

Give five reasons of the rising importance of the territory sector in production​

Answer»

Answer:

Tertiary sector has become important in India because :

(i) Basic services like hospitals, education, post and telegraph, COURTS, etc. are the responsibility of the government in developing countries.

(ii) Demand for services such as transport, trade, storage will increase with the development of primary and SECONDARY sectors.

(iii) Demand for tourism, shopping, private SCHOOLS, private hospitals, etc. increases with the increase in the level of income.

(iv) Rapid GROWTH of services sector also benefitted from external demand such as software industry and call CENTRE services.

(v) Liberalisation of financial sector provided an environment for faster growth of financial services.

ho

Explanation:

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46.

Whsjdndjsndkdndjdndjdbdjdbdnndjdjdjsjsjsjjsjs what the answer

Answer»

EXPLANATION:

what the ANSWER HIGHLIGHTING

47.

Explain consumer's budget?

Answer»

In Microeconomics,consumer's budget IMPLIES the overall purchasing capacity or power of a consumer based on a certain LEVEL of PERSONAL wealth or income and the respective prices of VARIOUS goods and services that he or she buys.

Explanation:

Consumer's budget basically refers to the allocation of consumer income or wealth to purchase or buy various goods and services based on their respective market values or prices.In simple terms,a rational consumer plans his or her money expenditure on various goods and services that he or she demands based on the consumer wealth or income,which is the main and primary source of expenditure,and the respective prices of goods and services which he or she will purchase with his/her money income.Hence,the consumer plans and allocates his expenditure on goods and service which comes under his or her budgetary planning.In this context,the THREE things that are significant are consumer wealth or income,market values or prices of respective goods and services that the consumer plans to purchase and the planned expenditure on those goods and services based on his/her personal wealth or money income and prices of the goods and services.A consumer might spend all his money income on purchase of goods and services or he or she might use some for consumption and the rest as personal saving.

48.

National developement means.................................

Answer»

ANSWER:

National development REFERS to the ABILITY of a nation to improve the lives of its citizens. Measures of improvement may be material, such as an increase in the gross domestic product, or social, such as literacy rates and availability of HEALTHCARE..

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49.

What is the difference between Outcome and Performance Budget? Explain with points.

Answer»

\bf\large\underline\pink{Answer:-}

PERFORMANCE BUDGET: a performance budget reflects the goal/ OBJECTIVE of the ORGANIZATION and spells out its performance targets... OUTCOME BUDGET: the outcome budget is a progress card on what various ministers and DEPARTMENTS have done with the OUTLAY announced in the outcome budget....

50.

Jada kiraya lena mana hi agar govt jada kiraya lena chai tu iska bajar saantulan par kay parvab hoga?

Answer»

ANSWER:

Do you LIKE EVERYONE ELSE BELIEVES