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. |
Price elasticity of demand formula calculator |
Answer» PRICE ELASTICITY of DEMAND measures how much the demand for a good changes with its price. If the demand changes with price, then the demand is elastic, while if it doesn't change then it is inelastic. Luxury goods and necessary goods are an example of each of these RESPECTIVELY.mark as BRAINLIST |
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| 2. |
Name any two current assts |
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Answer» CASH and Cash Equivalents. Marketable Securities. Accounts Receivable. Inventory and Supplies. Prepaid Expenses. Other LIQUID Assets. Explanation: |
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| 3. |
Bihar board sent up arts economics questions |
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Answer» CHAHIYE kya tumhe chahiye to insta pe message kar dena BHEJ dunga |
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| 4. |
According to world economy index where India's economy stands?? |
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Answer» Answer: INDIA has been ranked higher than China, which stands at the 124th position. India has fallen 26 spots to the 105th position on the Global Economic Freedom Index 2020, according to a report released on Thursday. The country was at the 79th spot in last YEAR's rankings. ______________________________ Mark me as the BRAINLIEST answer .... |
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| 5. |
Plus one economics first chapter berif note |
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Answer» Answer: is high time the students prepared well for the EXAMINATION. Goal oriented tasks should be done by the students to score maximum in their subjects. Hence apart from dedicated work, learning process must be a productive one with plenty of exercises and other such practices. Umpteen number of study materials are available for the Higher Secondary students. But the students should take select study materials that support them their performance in the examination. Some exam guidance materials in Economics for the FIRST year Higher Secondary students are published here to assist the students in their preparation. It is entirely based on Class 11 NCERT Economics text book. The significant sections to be covered, particular AREAS to be given special attention in each unit are the highlights of this study material. Decades of experience in teaching and valuation of answer scripts have inspired Sri. Rajesh Kumar S, HSST Economics in Govt Model Boys HSS Attingal, Thiruvananthapuram to bring out this productive work for the Higher Secondary students. The chapter WISE updated first year quick revision NOTES can be downloaded by the Humanities and Commerce batch students from the link below in PDF format. |
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| 6. |
Give an example of centrally Planned economy |
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Answer» Answer: Examples of Centrally PLANNED Economies Communist and socialist systems are the most noteworthy examples in which governments control facets of economic production. Central planning is often ASSOCIATED with Marxist-Leninist theory and with the FORMER Soviet Union, China, VIETNAM, and Cuba. While the economic performance of these states have been mixed, they've GENERALLY trailed capitalist countries, in terms of growth. guys pls follow me |
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| 7. |
Gst has raised the chances of increment in employment do you agree |
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Answer» Answer: OBVIOUSLY I agree. Explanation: because it provide jobs in FORMAL SECTOR such as automobile, logistics |
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| 8. |
Gst has developed the one nation market do u agree |
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Answer» still under GST goi should add Petro PRODUCT , Electricity,Wine ALSO... |
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| 9. |
Gst leads to an efficient and transparent tax structure in india do you agree with this |
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Answer» Answer: GST not only BROUGHT an excellent boost to the INDIAN economy ... TRANSPARENT and convenient than the previous tax structures. ... If you KEPT your prices the same |
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| 10. |
Explain the different method of transportation for the villagers in Palampur? |
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Answer» Answer: MANY kinds of transport are used by the people of village of Palampur. They use BULLOCK carts, tongas, rickshaws, bogeys and GOODS. They are ALSO used for loading jaggery and other commodities to their neighouring farms like Raiganj. Motor VEHICLES like motorcycles, jeeps, tractors and trucks, etc.mark me as in brainlist plz dear |
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| 11. |
How can you contribute to sustainable development by recycling? give examples from your daily life |
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| 12. |
AS MY MONTHLY INCOME IS 30 LAKHS TO 40 LAKHS SO CAN I BUY A LAMBORGHINI AVENTATADOR |
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Answer» Explanation: $480,000 a year However, since cars are a depreciating ASSET, the LESS you pay for a CAR, the better. But based on the less-than-half-your-salary rule, to buy a Lamborghini (without all the bells and whistles) you need to be making… $480,000 a year. You can buy a Lamborghini earning less of course. |
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| 13. |
Comparison between USA and Indian economic characteristics |
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Answer» US and India GDP, in current prices. But, if you consider THINGS in TERMS of GDP PER capita (again in current prices), the GAP widens. For the US this is FORECAST at $65,100 for last year. But for India, this figure is just $2,100 |
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| 14. |
Why a simple bar diagram is called one dimensional diagram? explain |
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Answer» Answer: Bar diagram are most COMMON diagram USED in practice l. They are called as ONE - DIMENSIONS diagram because it is only the length of the bar that MATTERS and not the width. |
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| 15. |
Drawing the demand line from the demand equation |
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| 16. |
Compare and contrast socialism and capitalism |
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Answer» Explanation: Key Takeaways Capitalism is BASED on individual initiative and FAVORS market mechanisms over GOVERNMENT intervention, while SOCIALISM is based on government planning and LIMITATIONS on private control of resources |
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| 17. |
Classify the following as intermediate goods or final good with reasona)book purchased by a student b)seeds purchased by a farmerc)car purchased by household |
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Answer» a)Book PurChased By A Student b)Seeds Purchased By A Farmer c)Car Purchased By household Hope it helped
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| 18. |
which one of the following is a variable choose the right option a intelligence level of a boy B) bravery c)beauty of girl d heights of students |
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Answer» HEIGHT of students HOPE it helps |
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| 20. |
The alternative name of opportunity cost is |
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Answer» economy cost is the alternative name of the OPPORTUNITY cost |
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| 23. |
છે.છે'(21)ગરીબીન આંતરરાષ્ટ્રીય ધોરણ સમજાવો. |
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Answer» What is this I don't UNDERSTAND.... |
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| 24. |
Highlight the Salient features of India'sPre-independence occupational structure. |
Answer» this is UR correct ANSWER ✔️ MARK as BRAINLIEST please |
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| 25. |
उपभोक्ता को इष्टतम प्राप्त होता है12.(A)सीमांत प्रतिस्थापन दर = बजट रेखा की ढाल(B)सीमांत प्रतिस्थापन दर > बजट रेखा की ढाल(C)सीमांत प्रतिस्थापन दर < बजट रेखा की ढाल(D)इनमें से कोई नहीं |
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Answer» …sorry idk Explanation: |
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| 26. |
Define superior goods.... please answer✅ |
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Answer» A superior good is a NORMAL good for which the PROPORTIONAL consumption INCREASE EXCEEDS the proportional income increase |
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| 27. |
Define Modern Farming?Does Modern farming require more more inputs which are manufactured in industry? |
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Answer» I think this is the correct answer Explanation: PLEASE follow me please make me as brainlest answer |
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| 28. |
The computer is which kind of machine |
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Answer» PROGRAMMABLE machine Explanation: |
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| 29. |
De from the given datadata: 4,5,6,7,8, 9, 10 |
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Answer» don't KNOW Explanation: don't knowdon't know |
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| 30. |
09. The most attractive method of datapresentation is:O A) TabularB) DiagrammaticO CC) TextualD) Either A or C |
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Answer» DIAGRAMMATIC MARK me as BRAINLEST |
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| 31. |
Discuss the mechanism of memories more than 120 words |
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Answer» Explanation: Memory is OFTEN understood as an informational processing system with explicit and implicit functioning that is made up of a sensory processor, short-term (or working) memory, and long-term memory.[9] This can be related to the neuron. The sensory processor allows information from the outside world to be SENSED in the form of chemical and physical stimuli and attended to various levels of focus and intent. Working memory serves as an encoding and retrieval processor. Information in the form of stimuli is encoded in accordance with explicit or implicit functions by the working memory processor. The working memory also retrieves information from previously stored material. Finally, the function of long-term memory is to store data through various categorical models or systems.[9] Declarative, or explicit, memory is the conscious storage and recollection of data.[10] Under declarative memory resides semantic and episodic memory. Semantic memory refers to memory that is encoded with specific meaning,[2] while episodic memory refers to information that is encoded along a spatial and temporal plane.[11][12][13] Declarative memory is usually the primary process thought of when referencing memory.[2] Non-declarative, or implicit, memory is the UNCONSCIOUS storage and recollection of information.[14] An example of a non-declarative process would be the unconscious learning or retrieval of information by way of PROCEDURAL memory, or a priming phenomenon.[2][14][15] Priming is the process of subliminally arousing specific responses from memory and shows that not all memory is consciously activated,[15] whereas procedural memory is the slow and gradual learning of skills that often occurs without conscious attention to learning.[2][14] Memory is not a perfect processor, and is affected by many factors. The ways by which information is encoded, stored, and retrieved can all be corrupted. The amount of attention given new stimuli can diminish the amount of information that becomes encoded for storage.[2] Also, the storage process can become corrupted by physical damage to areas of the brain that are associated with memory storage, such as the hippocampus.[16][17] Finally, the retrieval of information from long-term memory can be disrupted because of decay within long-term memory.[2] Normal functioning, decay over time, and brain damage all affect the accuracy and capacity of the memory.[18][19] Mark as brilliant |
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| 32. |
-3) Describe the historical change in the different sectorsof the economyover aferiod of time |
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Answer» The following important historical changes have been taken place in primary sector : (i)As the methods of farming changed and agriculture sector BEGAN to prosper, it produced much more FOOD than before. Many people could now TAKE up other activities. |
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| 33. |
Discuss the concept of income demand...Essay Question Answer✅ Correctly❌ Wrong answer will be reported... |
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Answer» Answer: There are GENERALLY three types of elasticity of demand, which are price, cross-price and income elasticity of demand. These three will be EXPLAINED INDIVIDUALLY in order in the following paragraphs. Price elasticity of demand is a measure of the RESPONSIVENESS of change in quantity DEMANDED of a good/service to a change in price, ceteris paribus. As the law of demand indicates, when the price of a good/service |
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| 34. |
Explain the concept of cross demand...Essay Question Answer✅ Correctly❌ Wrong answer will be reported... |
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Answer» Answer: The CROSS elasticity of demand is the relation between percentage change in the quantity demanded of a GOOD to the percentage change in the PRICE of a related good. In the words of J.S. Sloman, “Cross elasticity of demand refers to the responsiveness of demand for one good to a change in the price of ANOTHER.” |
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| 35. |
2. Give a detailed description of the Northern Plains ofIndia. |
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Answer» Answer: the Northern Indian plains have been FORMED due to the depositional ACTIVITIES of the HIMALAYAN rivers. this is one of the most fertile plains in the world. the plane spread over an area of 7 lakh square kilometre. |
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| 36. |
Highlight the salient features of indias pre independence occupational structure |
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Answer» Answer: but pls FOLLOW me and mark me as brainliest Explanation: Highlight the salient features of India's pre-independence occupational structure. Pre-dominance of agricultural sector: During pre-independence period, agriculture was pre-dominant. ... Regional variation : There was growing regional variation. ... UNBALANCED GROWTH : There was unbalanced growth in the ECONOMY. |
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| 37. |
Define price elasticity of demand...Essay Question Answer✅ Correctly❌ Wrong answer will be reported... |
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Answer» Answer: Price elasticity of DEMAND is defined as how demand changes as a result of a change in price. It can be said that if a reduction in price LEADS to an increase in demand then demand is RELATIVELY elastic. Elasticity is usually NEGATIVE. There is an alternative SCENARIO where demand will increase as price does so too. |
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| 38. |
Net worth is ......... exesses of overa)total assests,total equalityb)total assests,total liabilitiesc)total equality,total liabilitiesd)none of the above |
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Answer» (B) TOTAL ASSETS, total liabilities Explanation: Is it CORRECT |
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| 39. |
What is Elasticity of demand...Essay Question Answer✅ Correctly❌ Wrong answer will be reported... |
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Answer» Answer: By definition, The elasticity of DEMAND is the change in demand DUE to the change in ONE or more of the variable factors that it depends on. ... The responsiveness of the quantity demanded to the change in income is called Income elasticity of demand while that to the PRICE is called Price elasticity of demand. |
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| 40. |
Explain the law of Demand... Essay Question Answer✅ Correctly❌ Wrong answer will be reported... |
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Answer» Answer: In microeconomics, the law of demand is a fundamental principle which STATES that, "conditional on all ELSE being EQUAL, as the PRICE of a good increases, quantity demanded will decrease; conversely, as the price of a good DECREASES, quantity demanded will increase". |
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| 41. |
What is economic according to adam smith explains |
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Answer» Answer: ADAM Smith's Definition of EconomicsSmith defined economics as “an INQUIRY into the NATURE and causes of the wealth of nations.”please follow me and make me as BRAINLIST. |
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| 42. |
Define Privatization. Discuss three needs of privatization in the IndianEcononomy |
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Answer» Answer: The TRANSFER of a business, industry, or service from PUBLIC to private OWNERSHIP and control is called Privatization. Sorry I don't know the answer of "DISCUSS three needs of privatization in the Indian". |
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| 43. |
Why does the problem of what to produce arise? Explain. |
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Answer» Answer: It arises because resources are scarce and have alternative uses. Since many GOODS and SERVICES can be PRODUCED FORM these resources, the problem is that which of these should be produced. |
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| 44. |
A good plan is(B)Time consuming(A)Expensive(D)RigidFlexible(C) |
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| 45. |
1 pointQues 4-Bar Diagram is........dimensional diagram, whileHistogram is ....... dimensionaldiagram. दंड आरेख ......विमी आरेख,जबकि आयत चित्र .......विम आरेख है ।*O one, one( एक , एक)O Two ,One(दो,एक)O One, two(एक ,दो)O Two, two(दो ,दो) |
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Answer» Answer: TWO,ONE is the CORRECT answer to this question Explanation: mark me as BRAINLIST |
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| 46. |
Explain “investment as a process of capital formation”. |
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Answer» Answer: In other words, Capital formation involves making of more capital goods such as machines, tools, factories, transport equipment, materials, electricity ETC. which r all USED for future PRODUCTION of goods. For making ADDITIONS to the Stock of Capital, saving Nd INVESTMENT r essential. Explanation: Hope this helps...✌️✌️❤️ |
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| 47. |
What are the various sources of credits in formal and informal sector ?(5points) |
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Answer» The MAIN motive of FORMAL SOURCES is social welfare WHEREAS the main motive of informal sources is profit-making. Banks and cooperatives are the example of formal sources and moneylenders, traders, employees, friends and relatives etc are the example of informal sources |
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| 48. |
How have Bangladesh emerged in economy in just 10 years?How their per capita rises from 690 (in 2010) to 2064 (in 2020)? |
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Answer» Answer: Close on the heels of Q1's unprecedented GDP HIT, some more sobering NEWS could be headed India's way, if one goes by the International Monetary Fund's latest World Economic Outlook report. According to the IMF report, India is about to slip below Bangladesh in per capita gross domestic product in 2020 (calendar year) as a result of LOCKDOWN impact. |
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| 49. |
A retail store is a non profit retail organization. Justify for or against. |
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Answer» Answer: RETAILERS are the IMPORTANT link between manufacturers and customers. They are the FINAL point of sales and are invaluable to the entire distribution channel. They, in fact, PROVIDE SERVICES to both the wholesalers and the consumers. |
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| 50. |
(মাকে) ভালোবাসা উচিত কোন কারক |
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Answer» মা আমাদের ১০ মাস ১০ দিন কষ্ট করে গর্ভে ধারন করছেন, আমাদের মানুষ করে বড় করে তুলেছেন, আমাদের মায়ের থেকে বেশি আর কেউ ভালোবাসেনা আর বাসতেও পারেনা,,তাই আমরাও মাকে অনেক ভালোবাসি.. |
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