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. |
State the factors that determine investment in an economy |
|
Answer» Determining your requirements: Follow the path that HELPS you achieve your short-term and long-term goals. ... |
|
| 2. |
Role of various educational government agencies in education |
|
Answer» A state education agency or state DEPARTMENT of education is the state-level GOVERNMENT organization within each U.S. state or TERRITORY responsible for education, including providing INFORMATION, resources, and technical ASSISTANCE on educational matters to schools and residents. |
|
| 3. |
Why is black marketing is not possible in a perfect competition market |
|
Answer» The term of MEANING “HOARDING” is the purchase of large QUANTITY of commodity with the INTENTION to sell it in future when it is understock or not available in the market at a higher price. ... This way the concept of hoarding is SOMEHOW related to black marketas this kind of transactions are also prohibited by law... |
|
| 4. |
Why FDI is growing more rapidly than World Trade or world output??? |
|
Answer» вecoz 1.ғιrмѕ ѕтιll ғear proтecтιonιѕт polιcιeѕ 2.тнe ѕнιғт ғorward тowardѕ deмocraтιc polιтιcal ιnѕтιтυтιonѕ and ғree мarĸeт econoмιeѕ encoυrage ғdι 3.gloвalιzaтιon ιѕ proмpтιng ғιrмѕ тo enѕυre тнey нave a ѕιgnιғιcanт preѕence ιn мaмy regιonѕ oғ тнe WORLD |
|
| 5. |
What is currently per capita incone of our country (India) |
| Answer» | |
| 6. |
Collect the data about the quality of standard of living of 20 families |
| Answer» COLLECT AROUND it SURROUNDING FAMILIES | |
| 7. |
Effects of rationing in economics |
|
Answer» Rationing distorts consumer behavior since consumers cannot PURCHASE their desired quantities at government controlled prices. Since consumers incur smaller than desired expenditures for rationed goods and services, rationing may LEAD to INCREASED demand for other COMMODITIES that can be purchased freely. |
|
| 8. |
How to do we know the incidence of tax is higher on consumer of producer? |
|
Answer» Oooooooooooooooooooooooo |
|
| 9. |
Name the group in India who is not the sufferer of food insecurity |
|
Answer» The PEOPLE who are in Above Poverty LINE (APL) group. |
|
| 10. |
What are the main points of carrying capacity and absorptive capacity? |
|
Answer» ABSORPTIVE capacity. In BUSINESS administration, absorptive CAPACITYHAS been defined as "a firm's ability to RECOGNIZE the value of new information, assimilate it, and apply it to commercial ends". It is studied on individual, group, firm, and national LEVELS. |
|
| 11. |
Difference between per capita income index and Human Development Index |
|
Answer» Per capita income ; CALCULATED on the basis of the total income of the population divided by the total population. Human development index ; the development of the COUNTRY is calculated on the basis of literacy rate, infant mortality rate etc. both of this is a criteria for MEASURING the development of a country hope this helps plz plz |
|
| 12. |
Distinguish between revenue budget and capital budget. |
|
Answer» Capital budget is PREPARED for the capital items , Income and EXPENDITURE on the capital assets . for example: plant & machinery , shares , furniture etc . it is for fixed assets. REVENUE budget is prepared for the revenue items, income and expenditure on the current assets . Asset which can be converted in cash in 1 YEAR . For example: stock, bill receivable etc . |
|
| 13. |
Distinguish between expansion of demand and contraction of demand. |
|
Answer» What do you mean by EXPANSION and Contraction in Demand? Article shared by We have studied under the LAW of demand that other THINGS remaining the same, if price of a COMMODITY rises, its demand DECREASES and if price of the commodity falls, its demand increases. When quantity demanded of a commodity increases as a result of the fall in the price, it is called extension (or expansion) in demand (a movement down the demand curve) and when the quantity demanded decreases as a result of an increase in the price of the commodity, it is called contraction in demand (a movement up the demand curve). Thus, extension and contraction in demand imply change in quantity demanded due to change in the price of the commodity, other things remaining the same. |
|
| 14. |
What were the problems faced by PDS |
| Answer» PROBLEMS in Public Distribution System. To minimize the poverty LEVEL among general public, Government of India promoted Public distribution system for extending BASIC necessary goods at subsidized rates. But their primary motto has not been FULFILLED due to NUMEROUS problems prevailing in PDS. | |
| 15. |
Define Market (Topic: Forms of Market). |
|
Answer» Hi mate n actual or nominal place where forces of demand and SUPPLY operate, and where buyers and sellers interact (DIRECTLY or through INTERMEDIARIES) to trade GOODS, services, or contracts or INSTRUMENTS, for money or barter. |
|
| 16. |
Before the introduction of the Euro, which currency did Austria use?FrancDinarSchillingKrona |
|
Answer» ANSWER : SCHILLING Few lines - Before the introduction of the Euro, Austria used the "Schilling" currency. The Shilling was the currency of the Austria from 1925 to 1938 and from 1945 to 1999 and it was circulated untill the year 2002. The National Bank issued Shilling notes in 1945 and COINS were issued in 1946. Euro was INTRODUCED to the world financial markets on January 1st 1999. Euro is the second LARGEST and second most traded currency in the foreign exchange market. |
|
| 17. |
what is the current status of public distribution system? mention the steps taken by government ensuring food security? |
|
Answer» Answer: The current status of the Public DISTRIBUTION SYSTEM (PDS): (i)Public Distribution System is the most important step taken by the government of India towards ensuring food security. (II)In the beginning the coverage of PDS was universal with no DISCRIMINATION between the poor and non-poor. hope it helps:) Explanation: |
|
| 18. |
If your best friend tells your secret in front of u and all , then how u will feel . |
|
Answer» HeY FrEnD.. |
|
| 20. |
6 negative impacts on globalisation |
|
Answer» Hey mate here is ur ANSWER |
|
| 21. |
Role of Indian economy |
|
Answer» Agriculture, along with other allied SECTORS like fishing, forestry, and logging play a major role in theeconomic development in India. ... Though, CURRENTLY seeing a STEADY decline of its SHARE in the GDP, it is still the largest economic sector of the country. |
|
| 22. |
What details are required to be mentioned on the Contract note issued by the Stock Broker? |
|
Answer» A BROKER has to issue a contract note to clients for all TRANSACTIONS in the form specified by the stock exchange. The contract note inter-alia should have following: NAME, address and SEBI Registration number of the Member broker. DEALING OFFICE Address/Tel No/Fax no, Code number of the member given by the Exchange |
|
| 23. |
Paper purchased by a publisher is ________.(intermediate good / final good /consumer good / service), Fill in the blank with appropriate alternative given in the bracket. |
|
Answer» HELLO mate here's your answer ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ The paper PUBLISHED by a PUBLISHER is intermediate GOODS. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Hope it HELPS you |
|
| 24. |
What are the features of perfect competition? |
|
Answer» Oppotion MUST be STRONG for PERFECT competition. |
|
| 25. |
Which is the essential of contract of sale |
|
Answer» You and your FAMILY. |
|
| 26. |
According to 2018 to 2019 budget india is 3rd rank in gdp |
|
Answer» Hii Friend here is ur answer |
|
| 27. |
Distinguish between the Average Revenue and Average Cost |
|
Answer» For example, if a firm makes 100 T-shirts and sells each one for $10, its average revenue is $10 because each unit of OUTPUT resulted in $10 of revenue. Average revenue can be calculated by dividing TOTAL revenue by the quantity of units sold. Average revenue is also equal to the price level. |
|
| 28. |
According to you witch are the factors to influence the sales? |
|
Answer» 6 Important Factors That Influence the Demand of Goods |
|
| 29. |
_______ is associated with high price, which causes decline inpurchasing power or value of money |
|
Answer» The answer is INFLATION. An economy is said to be going through inflation, when prices GO up and purchasing power come down. It is ALSO expressed as a percentage and indicates the decrease in purchasing power of a country’s monetary unit. The term ‘inflation’ is generally used by PEOPLE to indicate increase in prices. |
|
| 30. |
What is the minimum application money I need to pay? |
| Answer» | |
| 31. |
What was thought of mk gandhi about truly independent india |
|
Answer» Heya.... |
|
| 32. |
What is mercantile capitalism how is it different from industrial capitalism? |
|
Answer» Hello Mate |
|
| 33. |
What role do the cooperatives play in ensuring food security in india?? |
|
Answer» Cooperatives are PLAYING an important role ALONG with the government. It ensures food SECURITY in India. Their motive is to sell low price items to poor. Mother Dairy in India is responsible for providing MILK and vegetables. AMUL is responsible to provide milk and milk products. So, we can say that they are playing good role in India. |
|
| 34. |
When demand decreases the demand curve shifts to the |
| Answer» INCREASES in demand are shown by a SHIFT to the right in the demand curve. This could be caused by a number of factors, including a rise in income, a rise in the price of a substitute or a FALLIN the price of a COMPLEMENT. | |
| 35. |
When demand increases, the demand curve shifts to the left. (State whether the statement is TRUE or FALSE) |
Answer» The STATEMENT is FALSE about When demand increases, the demand curve shifts to the left. It can be explained as follows:Explanation: With the increase in demand, if there is shift in the demand curve, this is the situation of Change in Demand. It refers to the situation when the demand gets changed due to VARIOUS other FACTORS than the price of same commodity. These factors include:
When the demand increase due to any of the above factor, there will be shift in the demand curve for sure but it will be on the right side instead of left. LEARN more about Demand: Question: Define demand. Explain four determinants of demand. Answer: brainly.in/question/8330697 Question: Define demand? what is MARKET demand Answer: brainly.in/question/11137023 |
|
| 36. |
Demand curve slopes upward from left to right. (State whether the statement is TRUE or FALSE) |
|
Answer» ANSWER : The Given statement is "False". The DEMAND CURVE never slopes upward from left to right. It always slopes downward from left to right as shown in the ATTACHMENT. DEMAND - Demand is the quantity of certain goods which are desired by the consumers from the market. THE LAW OF DEMAND - This is a inverse relationship between the prices of goods and it's demand . If the price of the goods rise then their demand will fall . In other words , The higher the price , The lower the quantity demanded . Demand curve is downward from left to right . |
|
| 37. |
Give reason "Demand curve slopes downward from left to right." |
|
Answer» Answer : |
|
| 38. |
Why the Long-Run Average Cost is curve U-shaped and flatter in the long-run? Explainwith suitable diagrams. |
|
Answer» LONG run average curve or LAC is calculated by DIVIDING TOTAL cost in the long run by the level of output. In the short run, some factors are fixed and others can be varied to increase the level of output. But in the long run, NONE of the factors are fixed .  In the long run, larger output can be |
|
| 39. |
Explain the income method of measuring national income. |
|
Answer» We use averages to measure or compare countries as total income does not act as an IMPORTANT measure this each countries have different population if we compare the total income of a country we won't be able to get or know what an average person is in a particular Di is likely to earth yes they are limitations to their use as why averages are useful the even hai disparities as it does not tell how income is DISTRIBUTED in the country and even it becomes difficult to know that what an average person in a country owns and many more for example let us take two countries with 5 CITIZENS each and find the average income for each country let us assume now that which country has same average income PER the income distribution in each country is an equal that is one country has equal distribution while the other have an equator distribution for our to poor while one is extremely rich hence we see that average income of a country did not HELP us to find that there was no proper distribution of a country therefore the income method of measuring the national income is average |
|
| 40. |
What are the features of Macro-Economics? |
|
Answer» 1) Unit of study / nature of analysis – Aggregate and Macroscopic 2) Theory of National income and employment 3) Theory of MONEY and interest 4) LUMPING Method 5) A Bird's eye view of the Economy 6) Theory of general price level |
|
| 41. |
Define Macro-Economics |
Answer» Macro-Economics can be defined as follows:Explanation: Macro-Economics REFERS to that branch of economics which studies the economic PROBLEMS as a WHOLE such as unemployment, growth rate etc. Various policies and strategies are being formulated by the GOVERNMENT by keeping in mind various macro-economic factors. Scope of Macro-economics:
Learn more Macro-Economics: Question: Differentiate between micro and macroeconomics. Answer: brainly.in/question/4023381 Question: Microeconomics and macroeconomics are not dependent on each other explain Answer: brainly.in/question/5351725 |
|
| 42. |
Define depreciation. |
|
Answer» Depreciation - |
|
| 43. |
Distinguish between Aggregate Demand and Aggregate Supply. |
|
Answer» aggregate demand is the sum of consumption demand, investment demand, government demand for goods and services, plus net exports. Aggregate supply is simply total output gross domestic product the total production of goods and services in the ECONOMY. Both aggregate demand and aggregate supply are depicted as curves, with the price level on the vertical axis and INCOME and output on the horizontal axis. It should be noted that unlike the supply and demand curves for particular goods and services, where the quantity supplied or DEMANDED is a well-defined FUNCTION of the price of the good or service, the connection between the aggregate demand and supply curves and the overall price level is quite a bit more MYSTERIOUS. |
|
| 44. |
Distinguish between individual demand and market demand. |
|
Answer» The individual demand is the demand of one individual or firm. It represents the quantity of a good that a single CONSUMER would buy at a specific price point at a specific point in time. while the term is SOMEWHAT vague, individual demand can be REPRESENTED by the point of view of one PERSON, a single family Market demand provides the total quantity demanded by all consumers. In other words, it represents the aggregate of all individual demands. There are two basic types of market demand: primary and selective. primary demand is the total demand for all of the brands that represent a given product or service, such as all phones or all high-end watches. hope its helpfull brainliest PLEASE |
|
| 45. |
Define Aggregate Demand. |
|
Answer» Hey dear,,,,, |
|
| 46. |
Define Effective Demand. |
|
Answer» Hey dear.... |
|
| 47. |
Define Aggregate Supply. |
|
Answer» Hey dear,,, |
|
| 48. |
Advantages of swarnajayanti gram swarozgar yojna |
|
Answer» Swarnajayanti Gram Swarojgar Yojana (SGSY) is a developmental initiative launched by the Government of India to provide sustainable income to poorest of the poor people living in RURAL areas of the country. The scheme was launched on April 1, 1999. By subsuming 6 PREVIOUS programmes - IRDP(Integrated rural development program in 1980), TRYSEM, DWCRA (Development of women and children in rural areas in 1982) and one MILLION WELLS Yojna , GANGA Kalyan yojna and SITRA (Supply of improved toolkits to rural artisans) this scheme was launched . |
|
| 49. |
What are CRR and SLR with respect to banks? |
| Answer» CRR and SLR are the two ratios. CRR is a cash reserve ratio and SLR is statutory liquidity ratio. Under CRR a CERTAIN percentage of the TOTAL bank deposits has to be kept in the current account with RBI which means banks do not have access to that much amount for any economic ACTIVITY or commercial activity. | |
| 50. |
Describe any features of NFWP |
|
Answer» Hii dear here is your ANSWER |
|