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. |
(a)Margin of safety 60%, fixed cost Rs. 2,10,000, variable cost ratio to sales 70%. Determine the amount of actual sale. (b)B.E. point Rs 40,000,fixed cost Rs 15,000. what the P/V ratio?(c) fixed cost Rs 12,000 actual sales Rs 48,000,Margin of safety Rs 8,000. |
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Answer» ??????????????????EXPLANATION:??????? 0?? |
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| 2. |
B.E. point Rs 40,000,fixed cost Rs 15,000. what the P/V ratio? |
| Answer» FORMULA of Finding PV Ratio with the HELP of BE Point:Break EVEN = Fixed Cost/PV Ratio 40000 = 15000/P V RatioPV Ratio = 15000/40000PV Ratio = 0.375 or 37.5 %Explanation: | |
| 3. |
Fill in the blank: There will be competition between ______ and ______ industries. |
| Answer» ANSWER is this and that INDUSTRIES HOPE this answer HELPS you | |
| 4. |
Fill in the blanks: Mixes economic society given importance to the promotion of _______. |
| Answer» TION:ADVERTISING and SALES PROMOTION | |
| 5. |
2. You are keen on finding statistical information on available Health Care facilities in your locality comprising 200 families. How would you approach the issue, andwhichi method of investigation would you prefer to adopt? |
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Answer» If we WANT to collect the DATA on the health CARE facilities in our LOCALITY, we can GO with the indirect oral investigation option. Under this method, the information is not directly collected from the concerned person. |
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| 6. |
What are the two major jute producing states in India |
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Answer» Bihar and Assam are TWO MAJOR jute producing STATES in INDIA . |
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| 7. |
Why do you feel income of a country is important for its development ? |
| Answer» TSELF SORRY I don't KNOW | |
| 10. |
Price elasticity of demand of a good is (-)1. At a given price the consumer buys 60 units of the good. How many units will the consumer buy if price falls by 10 per cent? |
| Answer» GIVEN: Ed = -1, Q1 = 60, % Change in Price = -10% Ed = % Change in Price/% Change in Qty -1 = -10/% Change in Qty % Change in Qty = (-10)/(-1) % Change in Qty = 10 Therefore: % Change in Qty = ΔQ/Q0*100 10 = ΔQ/60*100 ∆Q = 10*60/100 ∆Q = 6 Q1 = ∆Q + Q0 Q1 = 6+60 Q1 = 66 New Qty is 66. Explanation: | |
| 11. |
What truly caused the great depression ..? itz a ques of economy |
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Answer» tion:The specific economic EVENTS that took place during the Great Depression are well established. ... The demand-driven theories argue that the financial crisis following the 1929 crash LED to a sudden and PERSISTENT reduction in consumption and investment spending, causing the depression that followed. MARK ME BRAINLIEST |
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| 12. |
Q2. Suggest any three ways to promote non-farm activities in villages in palampur village |
| Answer» 3 non farm activities in PALAMPUR are ...Dairysmall scale manufacturingtransportExplanation: to prmote these activities ...in villages BANK should PROVIDE low interest rates govt. should be more active towards generating new schemes for these activities...govt. should provide capital to the peoples to START thes types of activities...hope this is helpful & correct answer plz mark as brainliest......plz !!!! | |
| 13. |
What is the limitation of land |
| Answer» LAND is a Limited Resource Because If we continuously Use it Get EXHAUSTED. For eg. If we Continuously use land for FARMING. The Nutrients in the soil Was very low.Explanation:Hope it helps U:) | |
| 14. |
The following data shows the weekly income of 10 families 850 , 700 , 100 , 750 , 5000 , 80 , 420 , 2500 , 400 , 360 Find the mean by all three methods! |
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| 15. |
The Total utility schedule of individual A² is given below. Derive his marginal utilityScheduleUnits Consumed.TotalMility15 |
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Answer» To find total utility economists USE the following basic total utility FORMULA: TU = U1 + MU2 + MU3 … The total utility is equal to the sum of utils gained from each unit of consumption. In the equation, each unit of consumption is expected to have slightly less utility as more UNITS are consumed |
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| 16. |
How did the coronavirus affect the secondary sector? |
| Answer» SOCIAL distensing KA palan NHI KARNE SE | |
| 17. |
1. More days of work and better wages; local school is able to provide quality education for their children; there is no social discrimination and they too can become leaders in the village. The above Developmental Goals falls under which category of person? a) ₹30,000 b) ₹25,000 c) ₹40,000 d) ₹35,000 |
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| 18. |
Q.1 Give example how the arrangement in Beleium , though complicated , worked till today ? From Chapter Power Sharing Class 10 |
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Answer» Hey mate,Explanation:Even though Belgium prepared a complicated model, but it turned out to be a successful ONE. Amended four times the arrangement is successful as:1. The Belgian leaders UNDERSTOOD that there were regional as well as cultural differences. 2. The Belgian model suggested that the number of Dutch and French-speaking ministers should be equal in the central GOVERNMENT. This will not give majority to any one of them.3. Many powers of the central government had been given to state governments of the two regions of the country. State government was not answerable to the central government.4. Brussels also had a separate government with equal representatives of both dutch and french. 5. There was a 'community government' belonging to one language community of Dutch, French and German-speaking regardless of the regions they LIVED. 6. This model helped to avoid local conflict between the two major COMMUNITIES and separation of the country on the grounds of languages. |
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| 19. |
Anyone knows the salary of a bank teller? |
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Answer» 50000-70000 AVG. MARK as BRAINLIEST PLEASE |
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| 20. |
Scarcity defination of economics is the best defination of economics Explain in 100 words |
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Answer» is scarcity?→ The Scarcity with respect to economics, basically scarcity takes place when people started having problems of Unlimited Wants and Needs or always wanting something new, and having Limited Resources.→ Here Limited Resources means that there are never enough resources, or materials, to satisfy, or fulfill, the wants and needs that every person have.★ Some EXAMPLE of scarcity :-● As we know that their was problem of GASOLINE shortage occurred in the 1970's.● Just imagine, A lack of money and funds can lead me to not being able to buy the dream car I want for drive. In order to adjust, we have to either EARN more money or adjust our dream car to afford something more realistic.→ Due to all this Scarcity INCREASES negative emotions, which affect our decisions. This leads to changes, in turn, can impact thought processes and behaviors. The effects of scarcity contribute to the cycle of POVERTY. |
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| 21. |
The following data shows the weekly income of 10 families 850 , 700 , 100 , 750 , 5000 , 80 , 420 , 2500 , 400 , 360 Find the mean using step deviation method. |
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Answer» tion:hibuddy here is the answer to the questionsee the attachment for your answerhope it will be helpful to YOUBE HAPPY and healthy ❤️__________&___Follow me |
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| 22. |
. What does the Tanakh teach us about the Messiah? Use a quote in your response. |
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Answer» The Messiah in Judaism romanized is a savior and liberator figure in Jewish ESCHATOLOGY, who is believed to be the future redeemer of the Jewish people. The concept of messianism originated in Judaism, and in the Hebrew BIBLE a messiah is a king or High Priest traditionally anointed with HOLY anointing oil. hope these will help you...PLEASE MARK as brainliest.... |
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| 23. |
A good is being sold free. How many units of the good should be consumed so that the equilibrium is being struck? Show equilibrium in the diagram? |
| Answer» KHUD KRO Explanation:alsiyon bas PUCHNA HAI | |
| 24. |
Plzz solve it out ... |
| Answer» CHECK in internetExplanation: | |
| 25. |
Solve these mcqs plzz... |
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Answer» :- 19. Production function is used to measure the technical relationship between input and OUTPUT . 20. Production PER unit of labour employed is called marginal product . 21. When AP is maximum then MP will be EQUAL to AP. 22. VARIABLE factors are those factor of production which can be changed during short run .23. Both AP and MP curve are in inverted u shaped . 24. Short run will be best described by as long as one input is fixed. 25. In Long run all factors are variable. 26. Additional output resulted due to increase in every variable unit. 27.( i) TP is 22 when output is 2 units. (M.P + fixed factor) ii) M.P = 36-22→ 14 units . III) Increasing return to a factor . 28. Total product is maximum when MP is zero . 29. Average product can have only positive value . 30. All the given statements are true . 31. Total product is maximum . 32. MP< AP 33 Variable proportion . |
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| 27. |
Research Analysis on Impcat of COVID 19 on US economy Instructions Do you think fluctuations in the Oil Price will have an adverse impact on Economic Growth ?-Evaluate You will be graded based on your presentation,the inputs you have inculcated .Avoid copy paste -Do it as a research work - one and half page minium |
| Answer» YES because if OIL is FLUCTUATED then ECONOMY is DEDUCED | |
| 28. |
How to make a large farmers arrange capital for farming answer in points |
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Answer» Large farmers sell their surplus of crop produced in markets. And they save their earnings and use this for arranging the CAPITAL. Small farmers BORROW money from moneylenders, large farmers or traders who SUPPLY various inputs for CULTIVATION to ARRANGE their capital. |
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| 29. |
Distinguish between domestic income and national income of by giving suitable example in support of your answer |
| Answer» DOMESTIC INCOME is the income of our fathernational income is from the TAXES our FATHER PAYS | |
| 30. |
Write a short note on market economy |
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Answer» What is the definition of MARKET economy? Market economies are open economiesthat enable the free flow of goods and services between PRODUCERS and consumers based on DEMAND and supply. The main characteristic of market economies is that economic decisions are regulated by the market itself, which always finds a way to rebalance.For example, as the prices in one industry MAY increase due to higher consumer demand, the labor required to produce higher output increases proportionally. In that way, producers deliver the output that MEETS consumer demand, whereas the competitive forces keep the prices at a moderate level so that consumption increases in the long-term....... follow me........... ☺....... |
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| 31. |
_______ and _______ are too big employers of sports person in India |
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Answer» s and DEFENCE |
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| 32. |
there are 50boys in 8th class with average weight of 60kg and 70 girls with 45kg of average weight calculate combined mean of all the students |
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Answer» tion:MEAN = sum of observations/ total no of observationsMean = 3000 + 3150 / 120Mean = 6150 / 120Mean = 51.25This is the answer.Please MARK me Brainliest |
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| 33. |
Growing more than one crop on a piece of land in a year is known as__________. |
| Answer» CROPS rotationHOPE IT HELPSMARK AS BRAINLIEST PLEASE FOLLOW ME | |
| 34. |
State the components of domestic factor income. To find out national income, what is added to it and why |
| Answer» SPEAKING, components of DOMESTIC income (NDPFC) are Compensation of employees. ... Each component is explained below: Compensation of employees (traditionally called Wages): ... RENT and Royalty: ... Interest: ... Corporate (Profit) tax: ... Dividend: ... Undistributed Profit: PLEASE MARK ME AS BRAINLIEST | |
| 35. |
Why are farm labours like Dala and Ramkali poor? |
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Answer» Farm LABOURERS like DALA and Ramkali are poor because they are LANDLESS and due to heavy competition for work among the farm labourers they GET only a quite low wage rate. Modern farming methods REQUIRE more inputs which are manufactured in industry. if you got this helpful then like and add or brainlist |
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| 36. |
Explain common different and conflicting goals by giving appopride example |
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Answer» Explain common different and conflicting goals by giving SUITABLE...Common goals : There are some needs which are common to all like freedom, income, EQUALITY, SECURITY, RESPECT etc.Different goals: DEVELOPMENT or progress does not mean the same thing for every individual. ...Conflicting goals: What may be development for one, may not be development for other. |
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| 37. |
Pesticides have the positive and negative impact one environment explain |
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Answer» Explanation:Positive1.They HELP in the removal of the UNWANTED weeds from the cropsNegative1. There over USE in the crops may lead to be fatal2.They can destroy the crops3. Instead of PESTICIDES we can use herbicides |
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| 38. |
Please help me very important question |
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Answer» N.............................EXPLAIN THE CONCEPT OF DOMESTIC TERRITORY OF INDIA.answer..................................................in common language the domestic territory of a nation means POLITICAL territory of a nation, in economic it refers to economic territory which refers to the geographical territory administered by a government within which persons, goods and capital circulate freely.domestic territory of a nation includes the following:territory territory LINE within the political frontier including territorial waters of a country.ships and aircrafts operated by president of the country across DIFFERENT parts of the world.embraces consulate and military established of a country located in abroad.hope this will help you Mark me as BRAINLIEST.............. |
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| 39. |
Classify the economic sector on the basis of nature of work? |
| Answer» CLASSIFICATION of economic sectors on the BASIS of nature of activities are as follows: (i) Primary sector : When we produce goods by EXPLOITING natural resources, it is an ACTIVITY of the primary sector, such as agriculture, dairy farming, fishing, forestry.please like it if you found it helpful to you | |
| 40. |
distinguish between domestic income and national income by giving syitable example in support of your answer |
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Answer» domestic income GAR may paltu ban Kay kamao MONEY aur NATIONAL gum gum key kamao money BAS itna hi hy |
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| 41. |
Difference between secondary and tertiary sector? |
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Answer» The secondary sector is the part of the economy that transforms the raw MATERIALS into goods for sale or consumption. The TERTIARY sector is the part of the economy that INVOLVES the sale or trade of services instead of goods.please mark me as brainlist ANSWER |
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| 42. |
What kind of data is continued in census of India ? |
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Answer» In the Census, EMPHASIS is laid not only on complete COVERAGE and classification of DEMOGRAPHIC, economic and SOCIAL characteristics. |
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| 43. |
Name of pakora and samosa in english |
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Answer» A samosa (/səˈmoʊsə/) is a fried or baked pastry with a SAVOURY FILLING, such as spiced potatoes, ONIONS, PEAS, cheese, meat, or lentils.... |
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| 44. |
Suggest any three ways to promote non farm activity in village |
| Answer» HI dear!!☺️☺️Three measures to promote non farming activities● CREATING AWARENESS AMONG PEOPLE.● GOVERNMENT SHOULD PROVIDE LOANS AND SCHEMES FOR THOSE WHO ARE WILLING TO START THEIR NON FARM ACTIVITY.● LAND SHOULD BE PROVIDED AND DIFFERENT TYPE OF NON FARMING ACTIVITIES SHOULD BE TOLD TO PEOPLE LIKE DAIRY FARMING, SHOPKEEPING ETC.Hope it helps ❤️❤️❤️ | |
| 45. |
Brian has just finished college. He wants to set up a small business to make and sell fireworks. He registers his company and acquires a license from the government. He finds that most of his competitors are selling fireworks at an extremely low price. He would like to make more money, so he decides to innovate and develop better fireworks. He sells his fireworks at a higher price, and they are a huge hit with the customers. After a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. He even starts exporting fireworks overseas. Which type of economy does this scenario describe? |
| Answer» PLS gagyhifucjckcusyxxhxydkcExplanation: OK TAKE carelyzyxxhdydydjfit | |
| 46. |
What are transfer earning? |
| Answer» TRANSFER earning is the minimum payment required to keep a FACTOR of production in its present use. It is an OPPORTUNITY cost an individual FORGOES when deciding to work in ONE job rather than next best alternativeHOPE THIS HELPS YOU!!! | |
| 47. |
"A businessman have to perform multiple objectives." Do you agree with this? Give reasons in support of your answer. |
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Answer» Yeah , I agree to it because a well settled businessman have ACHIEVED this by his hardwork . He has to perform MANY tasks like managing his COMPANY's expenses and see the work of his JUNIORS etc. So yes a businessman have to perform multiple objectives EXPLANATION: |
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| 48. |
The smae activity may be commercial as well as non -commercial at different times or place .comment |
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Answer» the same sctivity MAY be COMMERCIAL as well as non comercisl at different timed or place example a nursd attending hid sick mother in her home it id non commercisl becausd the main motivr of this ACTIVITY is for perdonel satisfaction it is not donr for EARNING money. |
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| 49. |
What do you mean by public facilities why these are necessary for country development |
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Answer» Public facilities are those facilities which are not POSSIBLE for any individual to access at economic COST, so government provides such facilities to the public to ENSURE quality of LIFE and for development of the country. |
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