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.

Why milk purchased by household ​

Answer» TION:it is FINAL PRODUCT is it is USED by HOUSEHOLD ...
2.

Define consumer equilibrium in own language or in short​

Answer»

It is the state of balance obtained by end users of products, which refers to the number of GOODS and services they can BUY with their existing LEVEL of INCOME and the prevailing level of cost prices. Consumer's equilibrium permits a consumer to get the most satisfaction possible from his income.

3.

Why the work like domestic chores looking after children does not recognised in national income​

Answer»

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4.

Goodwill of a firm is included in wealth . give reason ​

Answer»

Goodwill is actually the excess price a FIRM can get during the SALE of the BUSINESS, over and above the identifiable net assets of the firm. So if the fair MARKET price is more than the net assets (assets minus liabilities) during the sale of the firm, then this difference is the goodwill of the firm.I hope it will be helpful to you FRIEND

5.

Explain what determines the value of a currency.

Answer»

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6.

Define unemployment and mention the types of unemployment​

Answer» SEE in NCERT.... it's WRITTEN....
7.

Expliain any thrre characyeristics of lndian agriculture in hindi

Answer»

i) भारतीय कृषि मुख्य रूप से गहन निर्वाह प्रकार की है।(II) यह मुख्य रूप से भूमि पर उच्च जनसंख्या दबाव के क्षेत्रों में अभ्यास किया जाता है।(III) यह श्रम गहन खेती है जहां उच्च पैदावार प्राप्त करने के लिए जैव रासायनिक इनपुट और सिंचाई की उच्च खुराक का उपयोग किया जाता है।(IV) किसान आजीविका के वैकल्पिक स्रोत के अभाव में सीमित भूमि से अधिकतम उत्पादन लेते रहते हैं जिससे कृषि भूमि पर भारी दबाव पड़ता है।(V) वंशानुक्रम के अधिकार ने लगातार पीढ़ियों के बीच भूमि का विभाजन किया है और भूमि के आकार को असमान रखा

8.

Mention the various categories of countries calssified by which world bank in terms of per capita income​

Answer»

ld Bank classifies the world's economies into four income GROUPS — high, upper-middle, lower-middle, and LOW. We base this assignment on Gross NATIONAL Income (GNI) per capita (current US$) calculated using the Atlas method. The classification is updated each year on July 1━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

9.

Why women are paid low compared to man ?​

Answer»

In a traditional role, WOMEN are the ones who leave the workforce temporarily to take care of their CHILDREN. As a result, women tend to take lower paying jobs because they are more likely to have more flexible TIMINGS compared to higher-paying jobs.

10.

GIVE THE MEANING OF SAVING ? ​

Answer» SAVING MEANS HELPING some ONE who is in NEED
11.

Why paper purchased by a publisher by a intermediate good​

Answer»

Paper purchased by a publisher is intermediate good. ... * A particular business ENTERPRISE can either make the intermediate good or purchase it from the market directly. * In this case, the paper is an intermediate good because it is used for writing in ORDER to produce the final book or magazine.Explanation:HOPE this ANSWER is HELPFUL for you.Thank you.PLEASE MARK ME BRAINLIEST

12.

A decrease in quantity demanded is graphically represented by: ▪leftward shift of the demand curve▪A movemet up and to the left on the demand curve▪A movement down and to right on demand curve▪Rightward shift of demand curve___________________________Answer of the previous question When same units are demanded at a higher price,It is an "Increase in demand". ​

Answer» PLS pls pls MARK me braienlist
13.

The contributionGrossDomusties Produit autentice in India's(GDP) is​

Answer»

Nearly 60% of India's GDP is driven by domestic PRIVATE CONSUMPTION and continues to remain the world's sixth-largest consumer market. Apart from private consumption, India's GDP is also FUELED by government spending, INVESTMENT, and exports.Explanation:Hope this ANSWER is helpful for you.Thank you.PLEASE MARK ME BRAINLIEST

14.

What do you mean by economic activity ? write its classification.​

Answer»

Economic activities are those activities which add value to the national INCOME. It has two TYPES: market and non-market activities. Market activities; these activities are performed for pay or PROFIT. Non-market activities; these activities are performed for self CONSUMPTION.

15.

What is wage employment​

Answer»

Mark me as brainliest ❤️Explanation:WAGE employment can be defined as 'a MUTUAL AGREEMENT between two parties (known as employer and employee) in which the employee (generally an INDIVIDUAL) agrees to work for the employer (generally a business firm, government OFFICE or sometimes an individual) under some specific terms and conditions

16.

9) The Production of rice in India. In 2017-18 & 2009-10, 2017-18 was higher than of 2009-10. What did you understand justify the your answer​

Answer»

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17.

Give the meaning of planing ​

Answer»

g MEANS looking ahead and chalking out future courses of ACTION to be followed. It is a preparatory STEP. It is the BASIC management function which includes formulation of one or more DETAILED plans to achieve optimum balance of needs or demands with the available resources.

18.

How can monetary and fiscal policy be used to fight deflation

Answer»

The traditional tool of monetary policy is INTEREST rates. If INFLATION is too low, the Central Bank can try to cut interest rates. In theory, this should boost spending and aggregate demand. For EXAMPLE, lower rates reduce the cost of MORTGAGE payments, giving people more to spend.follow me

19.

Briefly explain five disadvantages of rapid industrialization in the country?​

Answer»

Those who own the means of production BECOME disproportionately rich, resulting in high-income inequality. The migration of WORKERS, the separation of family members, long working hours, and overcrowding that result from industrialization can lead to social tension and diseases due to poor nutrition and stress.The main disadvantages of industrialization include the following. Deterioration of quality of life due to urbanization which are generally more crowded than rural areas. This leads to many problems for the INDIVIDUAL and the SOCIETY including psychological disorders, crimes and other social problems.

20.

Write a short note on relevance of economic​

Answer»

The idea that individuals weigh up costs and benefits. Economics is important for many AREAS of society. It can HELP IMPROVE living standards and make society a better place. Economics is like SCIENCE in that it can be used to improve living standards and also to make things worse.Explanation:HOPE it will help youJai Hind

21.

What are the functions and objectubes of WTO(WORLD TRADE ORGANIZATION)??​

Answer»

The WTO has six key objectives: (1) to set and enforce rules for INTERNATIONAL trade, (2) to PROVIDE a forum for negotiating and monitoring further trade liberalization, (3) to resolve trade disputes, (4) to increase the transparency of decision-making PROCESSES, (5) to cooperate with other major international economic ...

22.

How does education help to improve economic activities​

Answer» CREASED earnings or higher wages MADE by more EDUCATED workers have been considered as BENEFITS not only to the private individuals, but also to the society as a whole. This is because higher earnings presumably reflect higher productivity, INCREASED output in real as well as monetary terms.
23.

When same units are demanded at a higher price,It shows? ▪Contraction of demand ▪Expansion of demand ▪Decrease in demand ▪Increase in demand​

Answer» LT SHOWS EXPANSION of DEMAND.
24.

Mention the two parts of economics activities and explain in short​

Answer»

Primary sector is a sector which is related with raw materials product of goods. ... Secondary sector is a sector related with the goods produced by the raw materials of primary sector. It's EXAMPLE includes CLOTHES made by the raw MATERIAL of cotton etc. Tertiary sector refers to the service providing activities.Explanation:Hope this HELP you..

25.

tomorrow is my exam of eco how will I cheat because I have my half yearly exam I want to chest to get good results .. it's ok not to cheat but I need good results????​

Answer»

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26.

Give the meaninig of factors of productions​

Answer»

The economic inputs USED to MAKE a profit are called FACTORS of production. ACCORDING to traditional economic theory, there are four main factors of production: land, labor, capital, and ENTREPRENEURSHIP.

27.

The different social groups and why these groups are more prone to poverty.​

Answer»

'Poverty ismore restrictive and limiting than anything else. If poverty and LOW STANDARDS CONTINUE then democracy, for all its fine institutions and ideals; ceases to be a LIBERATING force. It must therefore aim continuously at the eradication of poverty and its companion unemployment. In other words, POLITICAL democracy is not enough. It must develop into economic democracy also.

28.

Mention the various activities under the primary , secondary, and teritory sectors over them​

Answer»

y Sector Activities Agriculture, forestry, animal husbandry, FISHING, poultry farming and mining. Secondary Sector Activities INCLUDE manufacturing and construction. TERTIARY Sector Activities Trade, transport, communication, banking, education, health, TOURISM, services, insurance, etc.

29.

Mention a factor responsible for the fall of mercantilism? ​

Answer»

Political Factors:As a result, there was a fundamental political change. It resulted in the emergence of strong nations like England, France, Spain, etc., Feudalism came to an END and the KING became more powerful. Each nation WANTED to preserve its INDEPENDENCE and considered other nations as enemies....MARK me as brainliest and follow me ✌️TAMANNA 073

30.

HUMAN WANTS CHANGE AS PER THE SEASONS AND PREFERENCES ? AGREE OR DISAGREE ? STATE WITH REASONS

Answer»

ants change as per the seasons and preferences.As human beings, ONE can never be satisfied to consume the same THINGS all the time. Humans appreciate the change in ITEMS based on seasons and preferences as the utility of things vary and individuals need options to choose.PLS mark me as brainliest ANSWER pls...

31.

What would determine whether the German continued to intervene on this scale in the future

Answer»

o ENSURE CONTINUED, sustainable, broad-based IMPROVEMENTS in living in the future futureExplanation:

32.

____ movement is due to decrease in prices.​

Answer» DEMAND or SUPPLY or SALE
33.

Please ans very argent ​

Answer»

தயவு செய்து இந்த நிலையில், இந்த வழக்கில் கைது செய்யப்பட்டுள்ள பாதுகாப்பு, , இந்த வழக்கில் கைது செய்யப்பட்டுள்ள பாதுகாப்பு, , இந்த வழக்கில் கைது செய்யப்பட்டுள்ள பாதுகாப்பு,

34.

U SOUTHERN PUNJABitality Mates 4 HAMALtolargerboth mechah bantuflast but commeindifference cash​

Answer» KEHNA KYA CHAHTE HO!!!
35.

Attainable and unattainable combination of output in PPC

Answer»

Attainable COMBINATION of OUTPUT: Those combinations which can be produced with the help of given resources and technology. Unattainable combination of output: Those combinations which can not be produced with the help of given resources or technology.Explanation:PLZ mark as brainlist and THANKED me

36.

Economics chapter 2 standard 11 (Exercise) what is meant by perishable goods in economics?give the meaning and example of consumer goods.What is meant by individual health?give the meaning of factors of production.Give the meaning of wealth.Give the defination of trade cycle given by Heberler.How many phases are there in trade cycle? which are those?​

Answer» OW are you I am FINE THANK you
37.

Out of 200 million children how many of them going to school

Answer»

only 105 MILLION CHILDREN are GOING to SCHOOL

38.

The growth of education sector since 1951​

Answer»

tion:Education is the backbone of SOCIETY and is the BASIS for growth , progress and development of any COUNTRY. b. Government since Independence has made concerted efforts to spread literacy AMONG the people, to make them self reliant and GIVE them opportunity an to learn.

39.

Describe the principles of equanimity​

Answer»

tion:Attractional leaders use every opportunity to FRAME circumstances for followers in a positive WAY. It's an inspirational approach that PROVIDES hope, CONFIDENCE and emotional ENERGY in followers

40.

4) Explain in brief. the limitations of Physical Quality of Life Index.​

Answer» IGNORES important determinants- PQLI ignores various factors which determine the quality of life of an individual such as EMPLOYMENT, JUSTICE, security and MUCH more. Thus, it is not considered as a very good INDICATOR for economic development
41.

What are the two types of investment involved in human resource​

Answer»

There EXIST various WAYS of investment into human resources. BUSINESSES can invest in general human capital, which is an investment into SPECIFIC or general training that enables acquisition of general knowledge usable in various companies. This results in higher future expected return of investment.Explanation:Hope it will help youJai HIND

42.

Mention the features of human resource​

Answer»

tion:HOPE it will be HELPFUL PLEASE mark as BRAIN list and FOLLOW me friends

43.

What is random sampling what are the methods of random sampling explain??? ​

Answer»

tion:Random sampling is a part of the sampling technique in which each sample has an equal probability of being CHOSEN. A sample chosen RANDOMLY is meant to be an unbiased REPRESENTATION of the TOTAL population. ... An unbiased random sample is important for drawing conclusions.hope it will help u ✌️

44.

Calculate the arithmetic mean from the following series by direct method marks 5-15 15-25 25-35 35-45 45-55no of 8 12 15 9 6 ​

Answer»

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45.

Ditinguish between supplementarly and complementarly goods

Answer»

ementary goodsDefinition: is a PRODUCT that is CONSUMED along with some other product.2.supplementarly goodsSupplementary goods have a NEGATIVE cross ELASTICITY of demand.

46.

Which country organised shg who had intiated the programmer

Answer»

Bangladesh Explanation:Bangladesh has successfully organized SHGS. GRAMEEN Bank of Bangladesh is the BIGGEST SUCCESS story in reaching the poor to meet their credit needs at REASONABLE rates.

47.

JIPU Uluylus. 43) The market demand curve for a commodity and the total cost for amonopoly firm producing the commodity is given by the schedules belowUse the information to calculate the following.012QuantityPrice3456785244363126221916130123456QuantityTotal cost78106090100102105109115125(a) The MR and MC schedules(b) The quantities for which the MR and MC are equal(c)The equilibrium quantity of output and the equilibrium price of thecommodity(d) The total revenue, total cost, and total profit in equilibriumin this how to calculate MR and how to find value of n​

Answer»

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48.

How to calculate MR in economics​

Answer»

A COMPANY calculates marginal REVENUE by DIVIDING the change in total revenue by the change in total output QUANTITY. Therefore, the sale price of a single additional item sold equals marginal revenue. For EXAMPLE, a company sells its first 100 items for a total of $1,000.Explanation:❤️HOPE IT HELPS YOU DEAR❤️

49.

____deals with economic issues at the level of economy as a whole​

Answer» ECONOMY DEALS with the ECONOMIC ISSUES
50.

5. The mean marks of 100 students were found to be 90. But later on, it was found that the wages of two workers 93 and 59 were misread as 39 and 95Find the correct mean wage..​

Answer»

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