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.

Which among the following has highest liquidity?

Answer»

Explanation:

blue light has the highest ENERGY from the following options. In a spectrum, the violet colour has the "highest energy" and red colour has the "LOWEST energy". The "electromagnetic spectrum" is the ARRANGEMENT of radiations in the “INCREASING order” of their "wavelength” or “decreasing order" of their energy.

2.

___ is that branch of commerce which is concerned with thwe sole ,. transfer or exchange of good and service​

Answer»

Answer:

ECONOMICS is a BRANCH of SOCIAL SCIENCE FOCUSED on the production, distribution, and consumption of goods and services.

3.

Four your surrounding give four example ofboth economic andnon- economic​

Answer»

Answer:

\underline{\huge{Answer:-}}

Cooking - Cooking at restaurants, STALLS for income is economic ACTIVITY while cooking at home is NON economic activity. Cleaning - Cleaning work done by DOMESTIC helper, SWEEPER is economic activity while cleaning done by individual at their home is non economic activity.

4.

land is fixed in nature, but the population is increasing. How do we meet the ever growing demand for food of the increasing population? ​

Answer»

Explanation:

The primary demand factors are the WORLD's growing population and RISING incomes in developing countries. Food SUPPLY ... World population CONTINUED to increase but didn't reach two billion until 1927, 123 years ...

5.

“Credit sometimes pushes the borrower into a situation from whichrecovery is very painful.” Support the statement with examples.

Answer»

ANSWER:

When a POOR person takes a loan he does find it convenient to go to a bank basically because he is uneducated and even does not have a collateral to present in a bank.

Hence he reaches out to the informal sources of credit which are basically the moneylenders. When he goes to moneylenders the RATES of interest charged by them is very high but since the borrower is in need he has no other OPTION

6.

Which sector is consider as source of absolutely labour supply as well as creating service for human resources1 primary sector2 secondary sector 3 tertiary sector4 none of these​

Answer»

ANSWER:

SECONDARY SECTOR is more

7.

Which one of the following is under primary sector1 forestry2 transport3 Tourism4 banking​

Answer»

ANSWER:

B is SECONDARY CONTENT OK

8.

What do you mean by the term organisation of data?

Answer»

Answer:

DATA organization, in broad terms, REFERS to the method of classifying and organizing data SETS to make them more useful. Some IT experts apply this primarily to physical records, although some types of data organization can also be APPLIED to DIGITAL records.

Explanation:

9.

Understanding the role of abject responsibilities during the diaster

Answer»

ANSWER:

The term abjection literally means "the state of being cast off". The term has been explored in post-structuralism as that which inherently disturbs conventional identity and cultural concepts.[1] Among the most popular interpretations of abjection is Julia Kristeva's, pursued particularly in her 1980 work Powers of Horror: An Essay on Abjection.[citation needed] Kristeva describes subjective horror (abjection) as the feeling when an individual experiences, or is confronted by (both mentally and as a body), what Kristeva calls one's "corporeal reality", or a breakdown in the distinction between what is Self and what is Other.[2]

Abjection PREVENTS the absolute realization of existence, completing the course of biological, SOCIAL, physical, and spiritual cycles.[citation needed] The best representation of this concept can be imagined as one's reaction to gazing at a human cadaver, or corpse, as a direct reminder of the inevitability of death.[citation needed]

The abject is, as such, the PROCESS that SEPARATES from one's environment what "is not me".[citation needed]

concept of abjection is used commonly to explain popular cultural narratives of horror, and discriminatory behavior manifesting in misogyny, homophobia, and genocide. The concept of abjection builds on the traditional psychoanalytic theories of Sigmund Freud and Jacques

Explanation:

have a nice day

10.

9.Fixed costs are those costs:(a) That have no effect on production(b) Which are not included in the price?(c) Those which change according to production(d) The ends which cease only when production is closed10.Which analysis of the revealed preference theory emphasizes:(a) Psychological(b) Practical(c) Both of the above(d) None of the above.10.​

Answer»

Answer:

a. that have no effect on production

Explanation:

please GIVE LIKE for me and MAKE me the BRAINLIEST

11.

Emphasis is given more in managerial economics:(a) On means(b) On proofs(c) On both of the above(d) None of the above.Which type of commodities do not increases demand due to decrease in(a) Casual items(b) Inductor items(c) Giffin items(d) Essential items.ED=0 means that elasticity of demand:(A) The absolute elasticity(B) is equal to the unit(C) The integer is elastic(D) Less than unitThe law of decreasing returns:(a) Applies only to industries (b) applies only to agricultureetc) Does not apply at all to industries(d) Annlies to every nomic​

Answer»

1. a,b

2. c

3. d

4. b

Explanation:

these is TRUE may be

12.

What is the difference between perfect competition and monopoly ​

Answer»

Answer:

This is the answer. If you FIND it USEFUL PLEASE MAKE it in a brain LIST ☺️☺️

13.

Explain the distinction between movement along the supply curve and shift in supply curve use diagram​

Answer»

Like a MOVEMENT along the DEMAND curve, a movement along the supply curve MEANS that the supply relationship REMAINS consistent. ... Meanwhile, a shift in a demand or supply curve occurs when a good's quantity demanded or supplied changes even though PRICE remains the same.

14.

The benefits of Flipkart and Amazon​

Answer»

EXPLANATION:

Amazon Prime members and Flipkart Plus members are at an added advantage as compared to regular users. These SALES bring more benefits LIKE early ACCESS to DEALS, discounts, flash sales and free shipping for Amazon Prime and Flipkart Plus members.

15.

The Index Numbers of five commodities are 121, 123, 125, 126, 128 and the weights assigned to these arerespectively 5, 11, 10. 8. 6. Then, what is the weighted average Index Number?​

Answer»

Explanation:

P = commodity

V = weight

PV = 121×5+ 123×11 + 125 × 10+ 126×8+ 128 × 6

= 4984

P = 40

weighted average = PV / V

index NUMBER

= 4984 / 40

= 124.6

16.

EXERCISES1. in situations with high risks, credit might create further problems for the borrowerExplain2. How does money solve the problem of double coincidence of wants? Explain withan example of your ownhose who have surplus money and those who​

Answer»

Question 1:

Question 1:In situations with high risks, credit might create further problems for the borrower. Explain.

ANSWER...

In situations with high risks, credit might create further problems for the borrower. This is also known as a debt-trap. Taking credit involves an interest RATE on the loan and if this is not paid back, then the borrower is forced to give up his collateral or asset used as the guarantee, to the lender. Thus, in situations with high risks, if the risks AFFECT a borrower badly, then he ends up losing more than he would have without the loan.

Question 2.

How does money solve the problem of double coincidence of wants? Explain with

How does money solve the problem of double coincidence of wants? Explain withan example of your own

ANSWER...

Money solves the problem of double coincidence of wants by acting as a medium of exchange. Double coincidence of wants implies a situation where two parties agree to sell and buy each other’s commodities., i.e., what one party desires to sell is exactly what the other party wishes to buy. Money does AWAY with this TEDIOUS and complex situation by acting as a medium of exchange that can be used for one and all commodities. For example, if an ice-cream vendor wants a bicycle but the bicycle manufacturer wants clothes, and not ice-creams, then the vendor can use money to obtain a bicycle. He does NEED to adhere to the bicycle man’s needs because money acts as the common medium of exchange. Similarly, the bicycle manufacturer can then use the money to buy clothes.

...........

17.

Arthshastra dhan shastra hai vivechna kijiye ​

Answer»

ANSWER:

PATA NI..............................

18.

Is gdp a correct index of welfare? yes or no explain​

Answer»

ANSWER:

YES

Explanation:

Often GDP (real GDP) is considered as an index of welfare of the people. Welfare MEANS sense of MATERIAL well-being among the people. ... When GDP (or GNP) rises, it shows increase in flow of goods & services. Greater AVAILABILITY of goods and services implies higher standard of living which increases economic welfare.

HOPE IT HELPS YOU.

PLEASE MARK AS BRAINLIEST.

19.

Cost incurred per unit of output​

Answer»

Answer:

The cost per UNIT is DERIVED from the variable costs and FIXED costs incurred by a PRODUCTION process, DIVIDED by the number of units produced

Explanation:

20.

Explain intermediary goods​

Answer»

ANSWER:

HLOO DEAR.................

21.

Describe price line or budget line???​

Answer»

Answer:

A budget line or price line REPRESENTS the various combinations of two goods which can be purchased with a given money income and assumed prices of goods". ... Given the assumed income and the price, of the two goods, the consumer can PURCHASE various COMBINATION of goods or market combination of goods weekly.

22.

While the world is dealing with the pandemic,How did online selling helped common people in generating for their families?(watch news on TV,YouTube,or read trending articles on FB).Indicate the platform where you acquired your details.your information must also include the following: Name of online business owner: Previous source of income before pandemic: Nature of online business: Where did you get your information?

Answer»

Explanation:

Amazon Prime

FLIPCART

is the best WAY to sell their products and EARN MONEY

23.

Explain demand function??​

Answer»

ANSWER:

DEMAND function is what describes a relationship between one variable and its determinants. It describes how much QUANTITY of goods is purchased at alternative prices of good and related goods, alternative income levels, and alternative values of other variables affecting demand.

Explanation:

please THANKS my answers..

24.

Why is tertary sector becoming important in india ? explain write. only 5 marks answer​

Answer»

Explanation:

TERTIARY SECTOR has BECOME important in India because :

(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.

25.

Illustrate the reasons for negative sloping demand curve​

Answer»

ANSWER:

According to this principle, the marginal UTILITY of a commodity reduces when the quantity of goods is more. Consequently, when the quantity is more, the prices will fall and DEMAND will increase. Hence, CONSUMERS will demand more goods when prices are less. This is why the demand curve slopes downwards.

Explanation:

Hope I HELP you❤❤

26.

Bago pa man pumasok sa bansa ang virus,ano ang maaaring ginawa ng DOH sa tulong Ng IATF sa gitna Ng kawalan ng gamot?

Answer»

ANSWER:

ASK google sorry its JOCK dont fell

Explanation:

???????????????????¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿¿!!!!!!!!!¡¡¡¡¡¡¡¡¡¡¡

27.

Does availability of good health and educational facilities depend only on amount of money spent by the government on these facilities? What other factors could be relevant?​

Answer»

Answer:

AMOUNT of money and funds spent by the government is definitely an important factor in which AVAILABILITY of HEALTH and educational facilities depend.

How ever there are some other factors which count too-

a ) Implementation by the executives.

b ) Cooperation of the people.

c ) Opinion of the people.

d ) Money doesn't always ensure that, the quality is good. For good quality health and education facilities, we need to ensure that the personals engaged in providing  these programs ( ie. DOCTORS and TEACHERS in this case )must be well qualified too.

mark me as brainliest............

28.

There should be one world currency.

Answer»

Answer:

no there shouldn't be OTHERWISE EVERY BODY will make BLACK money

29.

An Engineering company wants to select several engineers to set up a special project team tobuild a bridge. All engineers in the company are divided into 3 groups according to theirprofessional skills and certain numbers of engineers are selected from each group to join the project team as follow:Professional skills of engineers P Q RTotal number of engineers 24 60 36Number of engineers selected 6 15 9(a) What is the population size? (b) Which sampling method is applied in this selection process? (c) What is the advantage of using the sampling method used in (b) above?

Answer»

Explanation:

a) The population size would be the sum of all engineers in the three groups.

Population size = 24 + 60 +36

Population size = 120

b) Here quota sampling METHOD is used where every GROUP has a quota of 1/4th of its population

c) The ADVANTAGES of quota sampling is that it is easier to conduct and manage. It takes less time to sample as the people are already subdivided

30.

What changes should take place in TR will result in• Decrease in MR• Increase in MR

Answer»

In MICROECONOMICS or Production ECONOMICS,an increase in total revenue(TR) indicates an increase in marginal revenue(MR) as well and vise versa.

Explanation:

In Macroeconomics or Production Economics,TR refers to the total or overall revenue earned by any firm,company or business ORGANISATION by selling a certain number of output at a given period of time.Now,MR represents the additional or incremental revenue earned by a firm or company from selling additional or 1 more unit of output.It also shows the incremental or additional change in TR as the firm sells 1 more or additional unit of output.Therefore,practically,any change in TR automatically indicates proportional change in the MR.Now,note that MR is also mathematically EQUIVALENT to the market price of each unit of output as this is the price charged by the firm or company to sell each unit of output.Any increase in TR from the sale of additional unit of output reflects proportional increase in MR and vise versa.On the other hand,if TR DECREASES with additional sale of any output,it will be reflected through proportional decrease in the MR.

31.

Explain how theories of sustainable economic development have influenced South Africa's economic development?

Answer»

South africa has a number of development plans and sectorial strategies for sustainable development. the
first integrated framework for sustainable development emerged after the Johannesburg summit in 2002. an independent National planning commission presented the latest development plan in 2011. Furthermore, the departments produce their own development plans and strategies. these efforts have had no major positive impacts on reducing POVERTY, emissions and inequality. income inequality REMAINS among the highest in the world. 39% of the population lives below the national income poverty line. south africa’s greenhouse gas emissions constitute around 1% of global emissions. For a developing COUNTRY, south africa’s ANNUAL per CAPITA emissions are high, at 9.2 tons per capita, whereas its GDp per capita is closer to developing countries with far lower emissions per capita. the emissions- intensity of the south african economy is one of the highest in the world.
this paper serves as a background document for a research project that informs sustainable development planning through the analysis of developmental impacts of mitigation action

32.

Theory of economics development

Answer»

Answer:

Joseph A. Schumpeter proclaims in this classical ANALYSIS of capitalist society first published in 1911 that economics is a natural self-regulating mechanism when undisturbed by “SOCIAL and other meddlers.” Despite WEAKNESSES, he argues, theories are BASED on logic and provide structure for understanding fact. He PROCEEDS to demonstrate that there are underlying principles in the phenomena of money, credit, and entrepreneurial profit that complement his earlier theories of interest and the business cycle.

33.

When and for what purpose Bimal Jalan committee form​

Answer»

The six-member committee was formed under FORMER RBI Governor Bimal Jalan on December 26, 2018, to REVIEW the ECONOMIC capital framework (ECF) for the central bank.

34.

The new York stock exchange is called?a) situational changeb) physical changec)nominal changed) index change​

Answer»

ANSWER:

I THINK the answer WOULD be d) INDEX CHANGE

35.

In the context of Bangladesh, what steps can be taken to improve the economic growth?

Answer»

Answer:

HLW MATE !!!

The latest Bangladesh DEVELOPMENT Update: Powering the Economy Efficiently, says that growth will remain resilient, underpinned by strong domestic demand and structural transformation, but there is no room for complacency. To achieve its growth aspirations, Bangladesh needs to create more and better JOBS by boosting private investment, diversifying exports and building human capital. The country also needs to make doing BUSINESS easier, complete its mega-projects on a fast track, improve financial sector governance and ensure a RELIABLE supply of electricity. Further, sustaining its export and remittance growth will be important. It also needs to focus on improving infrastructure, urban management, and environment conservation.

HOPE IT HELPS U

36.

What was the main objective of English rule in india​

Answer»

Answer:

The main motive of the British rule in India was to ACQUIRE more and more resources and fulfil the needs of the British empire, the Queen and other powerful PEOPLE. They suceeded in their objective by conquering india, its KINGS, the armies and then establishing their own authority

Explanation:

plz Mark me as BRAINLIST answer and follow me

37.

Features Of Duopoly​

Answer»

ANSWER:

Each seller is fully aware of his RIVAL's motive and actions.

Both sellers may collude (they AGREE on all matters regarding the SALE of the COMMODITY).

They may enter into cut-throat competition.

There is no product differentiation.

They fix the price for their product with a view to maximising their profit.

Hope it helps

Mark brainliest

38.

What does production output tell us​

Answer»

HII there

here is your ANSWER

Output in economics is the "quantity of GOODS or services produced in a given time period, by a firm, industry, or country", whether consumed or used for further production. ... It is national output that makes a country RICH, not large AMOUNTS of money.

Hope it helped u

plz mark as brianliest

39.

Who is the economics of classical economist​

Answer»

Answer:

Classical economics or classical political ECONOMY is a school of thought in economics that flourished, primarily in Britain, in the late 18TH and early-to-mid 19TH century. Its MAIN thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart MILL.

40.

Economics of classical economist​

Answer»

Classical economics or classical political economy is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19TH century. Its main thinkers are held to be Adam Smith, Jean-Baptiste Say, DAVID Ricardo, Thomas Robert Malthus, and JOHN STUART Mill.

The main idea of the Classical school was that markets work best when they are left alone, and that there is nothing but the smallest role for government. The approach is firmly one of laissez-faire and a strong belief in the EFFICIENCY of free markets to generate economic development.

41.

Interest paid by the producer is​

Answer»

Answer:

a non- operating expense.......

BCS it has no DIRECT relation WID sales...

hope it HELPS

42.

Average North Korea farmer produces 1800 pounds of food per year. What is the opportunity cost in pounds of food of North Korea army? Army is 1,190,000 mOne person needs 500 pounds of food a year to survive.

Answer»

Answer:

1,190,000

Explanation:

World's Largest Armies Rank Country Active MILITARY China United States India North Korea Russia Pakistan South Korea Iran Turkey Vietnam 2,333,000 1,492,200 1,325,000 1,190,000 845,000 643,800 630,000 523,000 510,600 482,000 10 Source: US. CENTRAL INTELLIGENCE Agency 2017 nstructions: Enter your responses rounded to the nearest whole number. . If the average North Korean farmer produces 1,800 pounds of food per year, what is the opportunity cost, in pounds of food, of North Korea's army? pounds of food per year . If a person needs at least 500 pounds of food per year to survive, how many people COULD have been fed with the FORGONE food output.

43.

Discuss whether or not quantity of labour may increase in the future.

Answer»

Answer:

In future the quantity of labour decreases because technology will improve & most of the work is done by MACHINES.

please mark it brainliest

and.

FOLLOW me to be INBOX

44.

Whether or not an increase in the output of capital goods reduce output of consumer goods?

Answer»

Answer:

ECONOMIC growth has two meanings:

Firstly, and most COMMONLY, growth is defined as an increase in the output that an economy PRODUCES over a period of time, the minimum being two CONSECUTIVE quarters.

The second meaning of economic growth is an increase in what an economy can produce if it is using all its scarce resources. An increase in an economy’s productive potential can be shown by an outward shift in the economy’s PRODUCTION possibility frontier (PPF).

45.

How will the budgets impact the economy ​

Answer»

Answer:

The Budget impacts the ECONOMY, the interest rate and the stock markets. ... The extent of the DEFICIT and the means of financing it influence the MONEY supply and the interest rate in the economy. HIGH interest rates mean higher cost of CAPITAL for the industry, lower profits and hence lower stock prices.

46.

What is meant by inhouse market​

Answer»

ANSWER:

In-house marketing means that marketing activities of a company are HANDLED by employees of the company. ... Sometimes companies decide to build an in-house marketing TEAM but want to replicate the AGENCY model. They ESTABLISH so-called in-house ad agencies.

hope it helps ⬆️⬆️☺❤

47.

What would happen to GDP if the government hired unemployed workers, whohad been receiving amount $TR in unemployment benefits, as governmentemployees and now paid them $TR to do nothing? Explain.​

Answer»

ANSWER:

it will INCREASE

......

48.

From which country was Coronavirus started?​

Answer»

ANSWER:

CHINA is the COUNTRY MATE.....

49.

Give some historic examples of hyperinflation and explain its macro-economicimplications.

Answer»

Explanation:

The most well-known example of hyperinflation was during the Weimar Republic in GERMANY in the 1920s. 1 FIRST, the German government printed money to pay for World War I. From 1913 to the END of the war, the number of Deutschmarks in circulation went from 13 billion to 60 billion.

Hyperinflation erodes the value of CURRENCY and can render it worthless. The effect on a nation's economy is substantial. It saps tax revenues, shutters businesses, raises the unemployment rate, and drives the cost of living so high that political instability ensues.

50.

What are a government’s economic objectives, and how may businesses be affected by changes in those objectives?

Answer»

Answer:

In the UK voters elect a national government at Westminster and local government in town halls. Voters expect the government to manage the economy well. Government economic objectives include:

Low unemployment, that is, as many workers in jobs as possible.Lower prices. Continually rising prices is called inflation. Low inflation is an aim of government.Economic growth. The aim is to produce more goods and services each year so that individuals have a higher standard of living.

The government can change the WAY businesses work and influence the economy either by passing laws, or by changing its own spending or taxes. For example:

extra government spending or lower taxes can result in more demand in the economy and lead to higher output and employmentgovernments can pass legislation protecting consumers and workers or restricting where businesses can BUILD new premises

The main types of tax include:

Income tax taken off an employee's salary. This results in less money to spend in the shops.Value added tax (VAT) added to goods and services. A rise in VAT increases prices.Corporation tax is a tax on company profits. A rise in this tax means companies keep less of their profits leading to less company investment and the possible loss of jobs.National Insurance contributions are payments made by both the employee and the EMPLOYER. They pay for the cost of a state pension and the National HEALTH Service. An increase in this tax raises a company's costs and could result in inflation.Local government collects rates from firms and can use the law to block planning permission for new premises.