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 relationship between total utility and marginal utility with the help of a diagram explain in detail |
| Answer» MARGINAL UTILITY is the ADDITIONAL utility | |
| 2. |
What is an indifference curve? What are its important features? How do consumers reach equilibrium under indifference curve analysis?What do you mean by marginal rate of substitution (MRS) among commodities? Why is it diminishing? How do you construct your budget line with various possible market baskets of food(F) and clothing(C), if you face a budget line given by F+2C=$80? What is an Engel curve? What could be its possible slopes and why? What are the effects of a fall in price of a commodity? Why do income and substitution effects occur simultaneously? How do you distinguish between the two? How do you explain the theory of diminishing marginal utility? How does it explain why the demand curve for any product is downsloping? How does this theory help determine whether the demand for a product is elastic, or inelastic? |
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Answer» There is INVERSE RELATIONSHIP between PRICE and DEMAND. |
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| 3. |
What are the similarities between rural poor and urban poor |
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Answer» Differences between RURAL and urban people: |
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| 4. |
What do you mean by numismatic |
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Answer» Numismatics is the STUDY or collection of currency, including coins, tokens, paper money, and related objects. While numismatists are OFTEN characterized as students or COLLECTORS of coins, the DISCIPLINE also includes the broader study of money and other payment media used to resolve debts and the exchange of goods. |
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| 5. |
Describe the conditions in which markets do not work in a fair manner |
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Answer» 1) when the PEOPLE are lesser to BUY goods. |
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| 6. |
Economic development can reduce unemployment |
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Answer» Economic DEVELOPMENT can NEVER reduce unemployment it INCREASES EMPLOYMENT |
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| 7. |
a consumer consumes only 2 goods X and Y .State and explain the conditions of consumer's equilibrium with the help of utility analysis. |
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Answer» We now extend our analysis of general equilibrium to the sphere of PRODUCTION. Production of goods requires the USE of inputs or factors of production. The level of production of goods depends upon the allocation of resources to them. |
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| 8. |
Explain why is there only normal profit in the long period |
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Answer» Explain why in long-run equilibrium in aperfectly competitive industry FIRMS will earn zero economic profit. ...Explain why under PERFECTION competition OUTPUT prices will change by less than the change in production COST in the short run, but by the FULL amount of the change in production cost in the long run. |
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| 9. |
Essay about floods in english |
| Answer» FLOODS are most DANGEROUS it will COLLAPSE the BUILDINGS, TREES | |
| 10. |
Which type of people are effected by the famine in our country |
| Answer» TRIBAL PEOPLE are EFFECTED by FEMININE in our COUNTRY | |
| 11. |
Explain any three social indicators of India |
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Answer» Hey mate. here is the ANSWER is the answer you are LOOKING for. |
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| 12. |
1 indian rupee =? pakistani rupee |
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Answer» 1.89 pakisthani RUPEE |
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| 13. |
How can i know the rules and regulations of organised sectorr? |
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| 14. |
Economics project for 2 gst and its impact on indian deconomy |
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Answer» Amidst economic crisis across the globe, India has posed a beacon of hope with ambitious growth targets, supported by a bunch of strategic undertakings such as the Make in India and Digital India campaigns. The Goods and Services Tax (GST) is another such undertaking that is expected to provide the much NEEDED stimulant for economic growth in India by transforming the existing BASE of indirect taxation towards the FREE flow of goods and services. GST is ALSO expected to eliminate the cascading effect of taxes. India is projected to play an important role in the world economy in the years to come. The expectation of GST being introduced is high not only within the country, but also within neighboring countries and developed economies of the world. |
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| 15. |
Use a demand and supply diagram to illustrate the effect of the following events on the marketfor economics books in India:a) A successful advertising campaign run in the country by publishers of economics books.b) A decrease in the number of students studying economics. |
| Answer» OPTION B a DECREASE in the NUMBER | |
| 16. |
Any body knows shabak takra game. how many players is there in shabak takra game...??? |
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Answer» Each Regu has three players on COURT and two SUBSTITUTES. The players on court are the striker, server and feeder. Game play is very similar to the SPORT of Volleyball. In Sepak Takraw, players are allowed a MAXIMUM of three CONTACTS with the ball to get it over the net. |
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| 17. |
Golden age hypothesis is concerned with |
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Answer» In simple words golden AGE is a situation of smooth STEADY growth with VOL EMPLOYMENT ARISING out of the equality i hope it will help you |
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| 18. |
How would non farming activities help village economy |
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Answer» In village there are different types of production activites such as farming, small-scale MANUFACTURING , dairy, TRANSPORT,ETC . Farming isthe main activity in village . other production activites are CARRIED on limited scale and reffered to as nan-farming. |
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| 19. |
Why was the INFORMALISATION in India ? What were the reasons for more number ofworkers engaged in the informal sector ? |
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Answer» Informalisation of workforce refers to a situation where there is a continuous decline in the percentage of workforce in the FORMAL sector along with simultaneous rise in the informal sector’s workforce. With the process of growth and development, it is expected that the percentage of the formal workers rises in the total workforce while that of the informal workers falls. HOWEVER, India witnessed a reversal of this trend. In the post-reform period, the ESTIMATES revealed that in India approximately93% of the workers were engaged in the informal sector and only 7% were engaged in the formal sector. |
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| 20. |
What is meant by Green Revolution what are its features |
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Answer» Green revolution is INTENSIVE plan of the 1960 to increase the crop in developing countries introducing earrings STRINGS of plants and new FERTILIZERS the new scheme to begin the Mexico in the 1940 and was successfully introduced in India se Asia LATIN america etc. green revolution. |
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| 21. |
An interview of an eminent businessman |
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Answer» Hello friends,we are here today to MEET one of the most successful bussinessman in our country today.He started his career when he was 16 years old by investing his pocket money into the stock market.He made huge profits because of which his dad bought him a Maruti car as a birthday gift.But when he turned 20,he was able to BUY his dad an Audi car.His climb on the stock market ladder has been surprisingly rapid. |
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| 22. |
Mention the scheme which covers poorest of the poor |
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Answer» Noncooperative work |
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| 23. |
Analyse any four non farming activities of rural India |
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Answer» Non-farming activities can INCLUDE various ventures like handicrafts, household as well as non-household small-scale manufacturing, CONSTRUCTION, mining, quarrying, repair, transport, community SERVICE etc, but of COURSE in the designated RURAL areas. |
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| 24. |
Negative impacts on globalization |
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Answer» ......Now GET your brainliest answer..... |
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| 25. |
"according to the utility theory and the concept of a consumer equilibrium, in order to maximize utility, consumers should exhaust their incomes so that the:" |
Answer» according to UTILITY theory CONCEPT of a CONSUMER equilibrium ORDER to |
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| 26. |
Describe how the poverty line is estimated n india . |
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Answer» Mainly two methods 1.Income method Under this method a minimum period capita income is FIXED.Example in 2011-12,the income was fixed at $816and $1000per capita per month in rural and urban AREAS respectively. If any family has an income less than the fixed income,it is considered as below the poverty line. This method is used to distribute food at SUBSIDISED priceso through PHD 2.Expenditure method Under this method, the minimum nutritional food requirecent for the survival is estimated. The total minimum food requirements is firstly measured in calories, which is then converted into MONEY value that is in rupees. A minimumamount which is required for CLOTHES and other requirements is added to money value of food.This total amount is considered as poverty line.
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| 27. |
Why do democratically elected governments not appear to be very keen to solve the quest of poverty? |
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Answer» Explanation: democratic correctly ELECTED GOVERNMENT to APPEAR very windowsill Quest of poverty |
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| 28. |
Why did not the change with english england benefit the indian economy? |
Answer» it is not CHANGE with ENGLISH ENGLAND benefit the Indian economy |
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| 29. |
Why a perfectly competitive firm continues production in short run even after losses class12? |
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Answer» In the short run, a firm that is operating at a LOSS (where the revenue is less that the TOTAL cost or the price is less than the unit cost) must decide to operate or temporarily SHUTDOWN. The shutdown rule states that “in the short run a firm should continue to operate if price exceeds average variable costs. Why Do Competitive Firms Stay in BUSINESS If They Make Zero Profit? Profit equals total revenue minus total cost. Total cost includes all the opportunity costs of the firm. In the zero-profit EQUILIBRIUM, the firm's revenue compensates the owners for the time and money they expend to keep the business going. |
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| 31. |
Which agricultural commodity of india gives largest interms of export value? |
| Answer» BASMATI Rice GIVES LARGEST INTERMS of export VALUE. | |
| 32. |
Which currency is recently added in the basket of imf currency? |
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Answer» RENMINBI In the review CONDUCTED in November 2015, the IMF decided that the Renminbi (Chinese yuan) WOULD be ADDED to the basket effective October 1, 2016. |
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| 33. |
What types of steps the government is taking to harness human resources? |
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Answer» Explanation: the GOVERNMENT is TAKING to HARNESS HUMAN resources |
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| 34. |
What is dependency theory of development |
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Answer» Dependency theory is the notion that resources flow from a "PERIPHERY" of POOR and underdeveloped STATES to a "core" of wealthy states, enriching the latter at the EXPENSE of the FORMER. |
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| 35. |
2/54 * 3/78...................................................... |
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Answer» HELLO MATE here is your ANSWER (2/54)×(3/78) =1/(18×39) =1/702 Please MARK as BRAINLILIST |
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| 36. |
Type 001a is associated with which country?a. Japanb. China c. Russia d. Usa |
| Answer» CHINA is the CORRECT ANSWER | |
| 37. |
Average income of 50 families is rupees 3,000. of these average income of 12 families is rupees 1,800 .find out the average income of the remaining families. |
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| 38. |
"the ruppee is widely excepted as a medium of exchange".explain. |
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Answer» The rupee is widely accepted everywhere in India because : |
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| 40. |
Effects of rationing |
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Answer» First LET us consider the EFFECT, during sugar rationing, of a change in the con- sumer's income on his DEMAND for jam. The effect will not be the same as in a free market, where the consumer would be free to RESPOND to a rise in income by increasing his sugar consumption. |
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| 41. |
Difference capitalism and feudalism |
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Answer» Explanation: Main Differences Between Capitalism and FEUDALISM Capitalism refers to the CAPITALIST economic SYSTEM whereas feudalism comes under the SOCIALIST economic system. Unlike capitalism, everybody in society is involved with feudalism. The capital economy is owned and run by the PRIVATE or corporate sector while the feudal system is owned by the nobility... The government only monitors the processes in the case of capitalism but assumes the coercive power in the feudal system. The hierarchy of capitalism involves... |
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| 42. |
What is the third crop grown in palampur as part of multiple cropping |
| Answer» POTATOES are THIRD crop grown in MULTIPLE cropping | |
| 43. |
The national fruit which is common for philippines pakistan and india is |
| Answer» MANGO is the the NATIONAL fruit which is common for philippines pakistan and INDIA is | |
| 44. |
What is classical dichotomy |
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Answer» In macroeconomics, the classical DICHOTOMY is the idea, attributed to classical and pre-Keynesian ECONOMICS, that real and nominal variables can be analyzed separately. To be precise, an ECONOMY exhibits the classical dichotomy if real variables such as output and real interest rates can be completely analyzed without considering what is HAPPENING to their nominal counterparts, the money value of output and the interest rate. In particular, this MEANS that real GDP and other real variables can be determined without knowing the level of the nominal money supply or the rate of inflation. An economy exhibits the classical dichotomy if money is neutral, affecting only the price level, not real variables.[citation needed] |
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| 45. |
What is the role of people in maintaining food security? |
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Answer» Food Security Act,2013, will prove to be counterproductive for the ruling United Progressive Alliance government, according to renowned economist and professor of economics and law at Columbia University Jagdish Bhagwati (Bottom, Left). In an interview with Nayanima Basu, he says if the World Trade Organization (WTO) talks in Bali, where food security is one of the important issues, fail, it will ADVERSELY impact India. Edited excerpts: |
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| 46. |
Is large scale industry secondary sector |
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Answer» Yes it is as it requires LAND, labor, raw material and CAPITAL to RUN the INDUSTRY |
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| 47. |
Small answer for impact of saarc on Indian economy |
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Answer» Nxhjufmtmhulf4i65h14h2jjktltulhfhmf |
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| 48. |
Hlooo frnds..Write a short note on dignity of labour with its advantages and disadvantages...... |
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Answer» Heya MATE here is your ANSWER ⬇️⬇️⬇️⬇️⬇️ |
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| 49. |
how large scale industries are dependent on small scale industries . GIVE TWO EXAMPLES TO SUPPORT THIS |
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Answer» • For RAW MATERIAL which are available from small SCALE • For the selling of manuafactured GOODS |
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| 50. |
The current anti poverty program consists of two planks name them |
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Answer» Answer: The GOVERNMENT formulated several anti-poverty schemes to eradicate poverty such as National RURAL EMPLOYMENT Guarantee Act (NREGA) 2005, Prime Minister Rozgar Yojana (PMRY), Rural Employment Generation Programme, Swarnajayanti Gram Swarozgar Yojana (SGSY), Pradhan MANTRI Gramodaya Yojana (PMGY), Antyodaya Anna Yojana ... ✌❤#⃣✌❤#⃣✌❤✌...... |
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