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. |
Characteristics of elasticity of demand |
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Answer» eristics of elasticity of demand are:1. Many substitutes. If CONSUMERS have many alternatives, demand will be more sensitive to PRICE. 2. Competitive markets. 3. A high PERCENTAGE of income. 4. BOUGHT frequently.Hope it helps!! |
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| 2. |
What is economy? Explain tippani ann discribe any three of them |
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Answer» economy is the AREA which provide MEANS of EARNING to the people and producing of goods and SERVICES for the people |
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| 3. |
Ramesh decided to take all decisions related to production such as what and how to produce |
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Answer» →Ramesh has to decide the central problems of an economy so we will solve it as followsCENTRAL PROBLEM OF ECONOMY→What to produce +How much to produce .How to produce For whom to produce .1. What and How much to produceThe first and FOREMOST problem of every economy is worth goods and services should be produced to satisfy the maximum wants of the people. This problem arise due to FACT that means are scarce in relation to their wants.Firstly the economy has to decide word goods and services LIKE consumer goods capital goods peacetime goods or time goods to be produced.And secondly the economy has to decide that what proportion of the consumer goods will be produce and what proportion of the capital goods will be produced.2 How to produce -The second problem of economy is how to produce or how to organise production there are two forms of production. .Labour intensive technique.Capital intensive technique .If the producer want to give more and more employment to the people of its surrounding for the economy is centrallycentrally planned economy then the producer will use labour intensive technique .If the economy is market economy of the producer want to maximize profit and he will employ the capital intensive technique.3 For whom to produceOwing to limited records resources an economy cannot produce goods for all section of the SOCIETY. The society is broadly divided into two sectionsPoor sectionRich sectionIf the producer want to maximize profit then he will produce goods for rich section .If he wants to do social welfare then he will produce goods for poor section.________❤️_________→FOLLOW ME.→MAKE MY ANSWER BRAINLIST→GIVE THANKS TO MY ANSWER→BE HAPPY ALWAYS________❤️_________ |
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| 4. |
Whenever the stock of a particular company trades on the secondary market, a part of the money goes back to the company? |
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Answer» In addition to stocks and bonds, examples of securities trading in the secondary MARKET include: mutual funds, COMMERCIAL paper, CERTIFICATES of deposit, loans (mortgages), exchange-traded funds as WELL as derivatives.Explanation: |
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| 5. |
Net national product at factor cost is computed by 1.Gross National product at factor cost -depriciation-indirect taxes +subsidies 2.Gross national product at factor cost +depriciation- indirect taxes +subsidies 3.Gross national product at factor cost -depriciation +indirect taxes +subsidies 4.Gross national product at factor cost -depriciation -indirect taxes -subsidies |
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Answer» Formula: NDP(at FC) = Gross NATIONAL product at market price- Depreciation - NET Factor INCOME from abroad - INDIRECT tax +Subsidies = 58350 - 1625 + 240 -2590 +1540 = 55915. |
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| 6. |
Only scarce goods attract price. True or False |
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Answer» tion:hiethis is because supply is much lower than demand. the curves will INTERSECT at HIGHER price. As we have limited resources in our economy and to TAKE advantage or use that limited resources, we are ready to buy any product at any price.so, this is the only reason that only scarce goods ATTRACT price. |
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| 7. |
What is package testing ? purpose of package testing ? |
| Answer» PACKAGE INTEGRITY and product protection are important packaging functions. Tests are conducted to measure the resistance of PACKAGES and products to controlled laboratory shock and IMPACT. Testing also determines the EFFECTIVENESS of package cushioning to isolate fragile products from shock.Explanation:please mark as branlist | |
| 8. |
Q.1.which is the main difference between direct personal investigation and indirect oral investigation? |
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Answer» In the direct PERSONAL INVESTIGATION', the investigator COLLECTS data PERSONALLY while in the 'indirect oral investigation', the data are collected from indirect resources. |
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| 9. |
Why do we need package testing laboratory ? what is package testing? |
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| 10. |
Does an economy stabilize the prices for a long time, if yes explain how? |
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Answer» Stabilization policy is a strategy enacted by a government or its central bank that is AIMED at maintaining a healthy level of economic growth and minimal price changes. Sustaining a stabilization policy requires monitoring the business cycle and adjusting benchmark interest RATES as needed to control abrupt changes in demand.In the language of business news, a stabilization policy is designed to prevent the economy from excessive "over-heating" or "slowing down."Understanding Stabilization PolicyA study by the Brookings Institution notes that the U.S. economy has been in a recession for about one in every seven months since the end of World War II. This cycle is seen as inevitable, but stabilization policy seeks to soften the blow and prevent widespread unemployment.A stabilization policy seeks to limit erratic swings in the economy's total output, as measured by the nation's gross domestic product (GDP), as well as controlling surges in inflation or deflation. Stabilization of these factors generally leads to healthy levels of employment.KEY TAKEAWAYSStabilization policy seeks to keep an economy on an even keel by increasing or DECREASING interest rates as needed.Interest rates are raised to discourage borrowing to spend and lowered to boost borrowing to spend.The intended result is an economy that is cushioned from the effects of wild swings in demand.The term stabilization policy is ALSO used to describe government action in response to an economic CRISIS or shock such as a sovereign debt default or a stock market crash. The responses may include emergency actions and reform legislation.The Roots of Stabilization PolicyPioneering economist John Maynard Keynes noted that an economy grows and contracts in a cyclical pattern. When people lack the means to buy the goods or services being produced, prices are reduced to entice customers. As prices fall, some businesses experience significant losses. Corporate bankruptcies increase, and job losses mount. That further reduces the buying power in the consumer market. Prices can only go lower again.Explanation:PLS FOLLOW ME |
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| 11. |
Which factors cause increasing inflation in an economy? |
| Answer» COST EXPLANATION:MARK as BRAINLIST | |
| 12. |
What is likely impact of recently introduced ""Goods and Service Tax – a single tax on goods and services"" on the economy’s PPC? |
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Answer» In GST this CASCADING effect is removed as the Input Tax Credit (“ITC”) is available for all goods and services at each and every stage of the supply chain. So, now the final price of goods and services was lowered due to the SEAMLESS FLOW of ITC between the MANUFACTURER, retailer and service providerExplanation: |
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| 13. |
Question 1. As we know there exist different phases of business cycle in an economy. (a). Explain what happens during each phase of the cycle with: (10) outputemploymentinflation |
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Answer» Different phases of a business cycle explained. The stage when the maximum LIMIT of growth is attained marks the reversal in trend of economic growth. 1. In the expansion phase, there is INCREASE in economic activity such as production, employment, output, wages, profits, demand and SUPPLY of products and sales.Employment"?Full employment equals between 4 and 5 % unemployment !!!As we discussed above, full employment results in reducing scarcity by producing the economy's potential level of output. The unemployment rate in 2007 was 4.5%, that amounts to about 71 million people UNEMPLOYED. Remember that unemployed means not working but looking. So with 7.1 million people unemployed we still have FULL EMPLOYMENT!!How can 4% to 5% unemployment be considered full employment?How can 7.1 million people looking for work be called "full employment?What is Inflation?Inflation is the annual rate of increase in the price level.In January of 2007 the inflation rate was 2.1 %. But what does this mean? 2.1% of what? An inflation rate of 2.1% in January of 2007 means that the price level was 2.1% higher than it was in January of 2006. In the chapter on aggregate supply and aggregate demand we learned that the price level is "the average level of prices in the economy". We find the price level on the vertical axis of the AS-AD graph. |
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| 14. |
What are the solves for the economic problem in veterinary?? |
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Answer» A MAJOR source of air pollution results from the burning of fossil fuels. Vehicle and factory emissions are common sources of this TYPE of air pollution. The burning of fossil fuels contributes to the formation of smog, a dense layer of particulate matter that hangs like a cloud over many major cities and industrial zones. Air pollution contributes to respiratory problems such as asthma, lung cancer, chronic bronchitis, and other lung ailments. Nitrogen and sulfur oxides in the air contribute to acid rain, which is a form of precipitation with a lower (more acidic) pH than NORMAL. Acid rain harms forests, species that live in water BODIES, and degrades outdoor STATUES, monuments, and buildings.Explanation: |
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| 15. |
Dicuss the role of goverment in an organized society |
| Answer» ED SOCIETY consist of FEATURES and factors to attain CERTAIN society goals. According to the question, government is also essential part in organized society as they get associated with society to make it properly functional with their ruling. They implement RULES and laws for organization on society and people.#sumedhian ❤ | |
| 16. |
Vastuvinimay meaning in English |
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Answer» Architectural___________It is the MEANING. |
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| 17. |
Hyperinflation are extremely rare in countries whose central banks are independent of the rest of the government do you agree give reason |
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Answer» yperinflations is unlikely to occur if the central bank is INDEPENDENT of the government.Explanation:Hyperinflation describes a general rise in prices in an economy as high, unsustainable and out-of-controlHyperinflations generally arise when govts use the printing of money to finance a lot of their expenditures. This is highly improbable if the central bank who controls the money supply is independent of the govtThough hyperinflation is a rare incidence for developed economies, it has taken place several times all thru history in NATIONS like Germany, CHINA, Russia, ARGENTINA, & Hungary. To know moreWhat is hyperinflation?Why did it occur in germany in 1923 - Brainly.inbrainly.in/question/7738094 |
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| 18. |
State the reasons due to which the Primary Sector that contributes the highest in terms of Employment in the country. |
| Answer» ACCORDING to the 2017 DATA, Services sector is the largest contributing sector of the Indian economy. Gross Value Added for the sector is estimated at INR 73.79 LAKH crore in 2016-17. It ACCOUNTS for 53.66% of total India's GVA of INR 137.51 lakh crore employing about 28.6 PER cent of the Indian population. | |
| 19. |
How to write fiitjee online admission test there is any chance cheat |
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| 20. |
State the reasons due to which the proportionate share of Tertiary Sector in India’s GDP is the highest |
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Answer» The services sector accounts for 53.66% of total India's GVA of 137.51 LAKH CRORE Indian rupees. The industrial sector contributes 29.02% with GVA of RS. 39.90 lakh crore. While Primary Sector of the economy i.e. Agriculture and the ALLIED sector contributes 17.32% and its GVA is AROUND RExplanation: |
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| 21. |
How will the government initiative of transferring funds (benefits) to People's account affects countries PPC? |
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Answer» PMJDY is a National Mission for Financial Inclusion, particularly to PROVIDE access to financial services such as savings and deposit accounts, remittance, credit, insurance, pension, ETC. at affordable rates. The scheme was ANNOUNCED on the eve of Independence Day, in 2014 by Prime Minister Narendra Modi. What has changed? - 29.43 crore bank accounts opened so far - Rs 65, 532.77 crore balance in these accounts - 1.26 LAKH Bank Mitras delivering branchless banking services in Sub-Services Areas and counting - Nearly 25 crore JAN Dhan accounts in the country, of which nearly 5.8 crore are zero-balance accounts.Explanation: |
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| 23. |
Qaccording to word bank a person living at or below$_a day is considered poor |
| Answer» 1$ is the ans for (6)National SAMPLE survey organizationthis is ur ans HOPE it helps u | |
| 24. |
Write whole slybuss of class 11 economy with chapter name |
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Answer» kela coca cola mujay bhi do thoda SA ✌️Part A Statistics for Economics 1. Introduction 13 2. Collection, Organisation and PRESENTATION of Data3. Statistical Tools and Interpretation Part B Indian Economic DEVELOPMENT 4. Development Experience (1947-90) and Economic Reforms since 1991 125. Current Challenges facing Indian Economy 6. Development Experience of INDIA - |
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| 25. |
Project on lockdown and it's effects on economy |
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Answer» tion:With fresh coronavirus cases on the rise in India, the nation has started witnessing second-round effects of the virus spread: a complete halt to economic activity.The government, ANALYSTS said, must consider more measures to TACKLE the situation, if third round of effects – job losses, stretched balance sheets, lower capex and weak consumer demand – are to be tamed.The FIRST two rounds of coronavirus outbreak have already WIPED off Rs 52 lakh crore worth of equity investor wealth, with benchmarks Sensex and Nifty languishing at multi-year LOWS after falling 35 per cent from their January peaks.January was the month when the virus was spreading in China at a rapid pace. It brought about the first round of impact on India, where companies saw supply-side disruptions, owning to their over-dependence on Chinese imports. |
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| 26. |
What is the importance of television |
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Answer» tion:Here is your answer Hope This Answer Helps Youelevision is a fantastic educational tool. It broadens knowledge of DIFFERENT cultures, promotes tolerance and global understanding of international issues. Through current affairs, discovery, lifestyle, cooking shows and CHILDREN's programmes, television encourages scientific and cultural curiosity Television is a system for transmitting visual images and sound that are reproduced on screens, chiefly USED to broadcast programs for entertainment, information, and education. The television set has become a commonplace in many households, businesses, and INSTITUTIONS. It is a major vehicle for advertising.Television is helpful to usplease MARK me as brainliest |
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| 27. |
1 chapter of economics class 11 is 1) indian economy of independence 2) introduction to microeconomics |
| Answer» TION:I KNOW these are the CHAPTERS...WHATS the QUESTION?? | |
| 28. |
What Role Does The Media Have In Reporting Human Rights Violation In A Responsible Manner? |
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Answer» tion:The role that media have in REPORTING human rights VIOLATION in a responsible manner is by giving out all information RELATIVE to the MATTER. |
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| 29. |
What Is The Role Of Social Media In The Protection Of Human Rights And The Violation Of Human Rights? |
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Answer» tion:Media can play a major ROLE in PROTECTING and PROMOTING human rights in the world. ... It can make people aware of their rights, expose its VIOLATIONS and focus attention on people and areas in need of the protection of human rights and pursue their case till they achieve them.Social media violates peoples human rights for example through hacking. Peoples lives are VIOLATED because hackers access there personal information in which no body should know. This is against that persons human rights and therefore is exposed and violated. |
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| 30. |
What are the uses of electricity in palampur |
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Answer» Explanation:The spread of electricity has helped the farmers of Palampur village in the FOLLOWING ways :(i) Electricity has transformed the system of IRRIGATION.(ii) Electricity is used to run tube WELLS in the fields. The Persian wheels are being replaced by tubewells.(III) Electricity is also used to run small businesses. For example, sugarcane crushing machine.(iv) It is also a cheap and pollution-free source of irrigation.(v) Electricity is also used for domestic works like running fans and lighting tube lights. MARK me brainliest |
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| 31. |
What is the common answer to solve: why is a female and male genetically the same? i need to study this really bad and i don’t know the answer |
| Answer» TION:HT be galat SOCH KE aadmi | |
| 32. |
Write an essay on negative effects of lockdown of about 150 words. |
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Answer» the negative effects of LOCKDOWN are mostly effected on students.they are sitting all day by their mobile phones and playing GAMES. they had no PHYSICAL activities to do and their HEALTH is ALSO getting worse till date |
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| 33. |
What environmentalEisOverusetheगेescompleगresourcesaRemarksTeacher's Si |
| Answer» TION:i CANT MAKE out UR QUESTION | |
| 34. |
Which one of the following is not a tool of fiscal policy |
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Answer» tion:The Answer is D.Private Investment is not a fiscal policy tool. NOTE that fiscal policy is a tool of the government. Private investment cannot be part of the fiscal policy as the government has no direct CONTROL over said investment. The fiscal policy TOOLS include taxation and government spending.Please MARK me as brainliest if it helps and follow me |
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| 35. |
Considering the present lockdown situation, write down in two or three sentences the developmental goals or aspirations of the following categories of people. Category of Person Developmental goalsA girl from a rich urban family,Migrant worker,Farmer,Daily wage worker,Healthcare worker,Shop keeper. |
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Answer» he'llo BRO plz be my friend and MARK as BRAINLIEST I will follow you then and you have answerd my QUESTIONS some I will mark them as brainliest |
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| 36. |
Diversity can be divided into how many types? |
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Answer» We distinguish two general types of DIVERSITY concept, within group and comparative, and focus on THREE specific diversity CONCEPTS that FALL under these two headings, EGALITARIAN, representative, and normic.Explanation:please mark me as a brainliest and follow me ✌️✌️❤️ |
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| 37. |
The average marks of 30 students in a class were 52. The top 6 students had an average of 31. What were the average marks of rest of students? |
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Answer» 57.25Explanation:total marks of 30 STUDENTS = 52*30 = 1560total marks of 6 = 6*31 = 186remaining students = 30-6 = 24therefore, 1560-186 = 1374 marksaverage = 1374/24 = 57.25 HOPE it helps you |
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| 38. |
A dialogue between father and son about covid-19 |
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Answer» is will HELP you |
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| 39. |
what will this corona do ?? how will be people manage ?? views by own intelligenece no spam and google? |
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Answer» do and no any SOLUTION for this only ONE solution... SAFE in HOME...... |
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| 40. |
What do you mean by production function? Explain with diagram the three stages of production under fixed and variable proportion in production. Why does law ofdiminishing returns operate? |
| Answer» SRRY I don’t KNOW EXPLANATION: | |
| 41. |
Define sustainable consumption |
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Answer» Consumption means USING, buying or eating something. If we don't reduce our energy consumption, we will run out of FUEL. Conspicuous consumption is buying something to show off. Consumption is related to the verb CONSUME, which means to eat, use, or buy.Explanation:PLEASE MARK as branlist |
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| 42. |
How did the spread of electricity help farmers in palmapur |
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Answer» Here's your answer mate Explanation:The spread of electricity has helped farmers in Palampur in following ways:(i) Electric-run tubewells can Irrigate MUCH LARGER areas of LAND. (ii) Electricity has transformed the system of Irrigation. (iii) Electricity has reduce the pollution because it is a cheap and pollution free source of Irrigation.HOPE IT HELPS. PLS MARK ME BRAINLIEST ☺️ |
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| 43. |
Indian economy in rupees ? |
| Answer» INDIA's NOMINAL GDP growth rate is estimated at 12 per cent in 2019-20. The estimate for 2018-19 was 11.5 per cent. During Q2 of 2019-20, GDP (at constant 2011-12 prices), GDP stood at Rs 33.16 lakh crore (US$ 474.46 billion) showing a growth rate of 4.3 percent over the CORRESPONDING quarter of previous YEAR. | |
| 44. |
Are there any graph about the successfulness of the competition policy in South Africa |
| Answer» HOPE it will help you PLEASE follow me and MARK me as BRAINLIEST | |
| 45. |
Modern farming methods require More inputs which are manufactured in industry. Do you agree |
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Answer» is true that modern farming methods require more inputs which are manufactured in industry. For example; (i) HYV seeds, insecticides, pesticides and chemical fertilizers NEEDED for increasing the YIELD per hectare are all manufactured in industries. (ii) Farmers use farm machinery like TRACTORS, threshers and also combined harvesters which are also manufactured in industries. (iii) Tube WELL EQUIPMENT and water pumps used for irrigation are also manufactured in industries. |
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| 46. |
Answer in detail:DExplaintheeconomicsimportanceof Micro |
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Answer» Micro economics is of great help when it comes to studying 3conditions of economics welfare .This branch of economics help us UNDERSTAND the level of satisfaction of the people in the economy. It also helps ECONOMISTS IDENTIFY the ALLOCATION of resources with in the economy. |
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| 47. |
Which country does not have a prime minister nor president? |
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Answer» IDKSORRY MATE OK HOPE U DONT MIND WHY DONT U CHECK IT OUT IN GOOGLE |
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| 48. |
Make notes ch- 1 economics class +1cbse board |
| Answer» OK my dear.i will do that. | |
| 49. |
Find out the reason that why the marginal opportunity cost tends to rise? |
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Answer» because as you increase PRODUCTION of ONE GOOD, the opportunity COST to product an additional good will increase. This is because of LAW of increasing opportunity cost.\PLSSS GIVE ME BRILLINESTi ANSWERD TO MY BEST |
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| 50. |
2:- Calculate GDPMP In crores100302515301. Distributed profit2. Corporation Tax3. Rent4. Interest on National Debt5. Undistributed profit6. Net export7. Mixed Income8. Current Replacement cost9. Income paid to abroad10. Subsidies152010-15-10 |
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Answer» if you WANT the ANSWER search in googleExplanation:bro I HOPE this HELPS u |
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