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. |
What is the biggest hurdle in increasing digital economy? |
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Answer» ntrest and scheme becoz our 60 %population belong to rural and LACK of facility and knowlagde they didn't get proper KNOWLEDGE about govermenent welfare schemem |
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| 3. |
What kind of goods are counted for calculation of gdp in india? |
| Answer» NDS for gross DOMESTIC product and represents the total production of a nation within its domestic borders. We KNOW from the formula of GDP that gross domestic product = consumption + investment + government purchases + (exports - imports). | |
| 4. |
What is used to replinish nutrients after continous crop production? |
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Answer» ous growing of CROPS make the SOIL poorer in certain nutrients. Therefore, farmers have to ADD manure to the fields to REPLENISH the soil with nutrients. This process is called manuring. ... The decomposed matter is USED as organic manure. |
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| 5. |
What is the share of india's export of guar in world's total guar export? |
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Answer» s the largest exporter of guar gum in the world, followed by SPAIN and Italy. Guargum is classified under HS Code 130232. Guargum exports from India to the world WORTH USD 473 million in 2017 and accounted for 53.9% of the total exports |
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| 6. |
Name the social group who are vulnerable to poverty ? |
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Answer» ouseholds, TRIBE HOUSEHOLDS |
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| 7. |
globalisation will continue in future can imagine what the world would be like 20 years from now give reasons for your answer |
| Answer» E in the lifestyle of the people Technology is very and fast Different VARIETIES for each productDifferent products COMING from different nation which made the world TOTALLY a global market.. | |
| 8. |
What are the various ways in which MNC setup or control production in other countries |
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Answer» uying LOCAL COMPANIES of an area.2) By making partnership with the owner of local companies. 3) By investing in local companies to encourage the production of FOREIGN product in any COUNTRY. |
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| 9. |
The point where demand and suppy of labour curve intersect |
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Answer» ly speaking on equilibrium is defined to be the PRICE quantity pair where the quantity DEMANDED is equal to the quantity supplied. It is REPRESENTED by the INTERSECTION of the demand and supply curves.PLZ MARK BRIANLIST |
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| 10. |
What are the features of centrally planned economy? |
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Answer» any TWO main FEATURES of a centrally planned economy. Two main features of a centrally planned economy are as follows: (i) In centrally planned economy, DECISIONS relating to what, how and for whom to PRODUCE are taken by some CENTRAL authority or by the government |
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| 11. |
What is inflation? How dose inflationary pressure impact economy? |
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Answer» ices rise for ENERGY, FOOD, COMMODITIES, and other goods and services, the entire economy is affected. Rising prices, KNOWN as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate and government bond YIELDS, and every other facet of the economy. |
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| 12. |
What are the main functions of an entrepreneur? |
| Answer» KING, ORGANIZING FUNCTION, TECHNOLOGY TRANSFER | |
| 14. |
भारतीय बैंकों के हाल ही में एनपीए अनुपात क्या है ? |
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Answer» ंकों 15 से अधिक प्रतिशत की सकल एनपीए अनुपात सूचना दी है इंडियन ओवरसीज बैंक के आइओबी सकल एनपीए अनुपात प्रतिशत 22.42 |
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| 15. |
The father of national income accounting method is |
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Answer» king is known as the father of MODERN NATIONAL INCOME accounting. Later, Prof. Simon kuznet developed national income accounting more SYSTEMATICALLY. |
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| 16. |
What factors determine the earning of an individual in the market? |
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Answer» al economists argue that wages—the price of labor—are determined (like all prices) by supply and demand. They call this the market theory of wage determination. When WORKERS SELL their labor, the price they can CHARGE is influenced by several FACTORS on the supply side and several factors on the demand side. |
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| 17. |
Explain the major limitations of public distribution situation |
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Answer» the major limitations of PDS Limitations of PDS: The public DISTRIBUTION system is not free from its limitations. 1) Identification of poor by the states is not FOOL proof. A large number of poor and needy persons are LEFT out and a lot of bogus cards are also ISSUED. |
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| 18. |
Risk free return is at 5% and expected return of market portfolio is 16%. Find out the expected returns of the securities with a beta of (a) 1.25 (b) .8 and (c) 1? Q. 3. Current dividend per sha ...?" |
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Answer» isk free return is at 5% and expected return of market portfolio is 16%. To find: The expected returns of the securities with a beta of (a) 1.25 (B) .8 and (c) 1Formula to be USED:E(R) = Risk free return + beta (ER of market portfolio - Risk free return)CALCULATION:(a) The expected returns of the securities with a beta of 1.25:E(R) = 5% + 1.25(16%-5%) = 5% + 1.25 * 11% = 5% + 13.75% = 18.75%The expected returns of the securities with a beta of 1.25 is 18.75 %(b) The expected returns of the securities with a beta of 0.8:E(R) = 5% + 0.8(16%-5%) = 5% + 0.8 * 11% = 5% + 8.8% = 13.8%The expected returns of the securities with a beta of 0.8 is 13.8 %(c) The expected returns of the securities with a beta of 1:E(R) = 5% + 1 (16%-5%) = 5% + 1* 11% = 5% + 11% = 16%The expected returns of the securities with a beta of 1 is 16 % |
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| 19. |
Meet the following business man and note three problem risk which may arise in business. (A) taxi or auto rickshaw driver (b) farmer (c) owner of a retail grocery shop (d) dairy farming |
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Answer» roblems or risk which arises in the business of taxi or auto rickshaw driver:1. The major problem of people involved in this business unexpected death, victims of robbery and murder says NIOSH.2. They are mostly prone to non-fault assault.3. A fault with the car or the customer travelling in the car also sometimes causes a SEVERE problem to the drivers.Three problems or risk which arises in the business of farmer:1. Production chance – Incorporates climate, creepy crawlies, illness, innovation and whatever other occassions that specifically influence creation amount and quality.2. Obtaining seed of good quality is considered to be a severe problem by the farmers as it is the seed which is the base for farming.3. Other most striking problems faced by the FRAMERS are the invasion of their field by weeds, pests and insects.Three problems or risk which arises in the business of retail grocery shop:1. Burglary is a typical hazard that joins all retailers, however basic supply retailers can have a harder time managing robbery because of the idea of their ITEMS and business.2. It feels like each week there are an item or deliver reviews because of polluted items that could make customer unhappy.3. Accidental dropping of items while handling it also leads to a huge loss.Three problems or risk which arises in the business of dairy farming:1. As dairy farming is totally dependent on the animals which yield milk, it is the utmost importance for the owner to TAKE care of the animals. If the ANIMAL is affected by any disease it will affect the yield production.2. The step of choosing a correct breed of cow is of vital importance.3. If the final product is contaminated with any articles present in the surrounding, it also causes severe risk to the business. |
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| 20. |
What are the two approachs of consumer demand analysis? Explain in details? |
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Answer» lity: Implies that a consumer is a RATIONAL being and aims at maximizing the total satisfaction given the income and prices of goods and services. ii. Ordinal Utility: Assumes that utility is EXPRESSIBLE only in ordinal terms. This implies that a consumer is only able to express his/her preference for goods.iii. Transitivity and Consistency of Choice: Implies that consumer choices are ASSUMED to be transitive and consistent. The transitivity of choice means that if a consumer prefers A to B and B to C, he/she would prefer A to C. On the other hand, the consistency of choice means that if a consumer prefers A to B in one period, he or she cannot prefer B to A in another period. iv. Non-satiety: Implies that a consumer is assumed to be non-satisfied. In other words, it is assumed that consumer does not reach the level of satisfaction by consuming a good and always prefers a large quantity of goods. v. Diminishing Marginal RATE of Substitution: Acts as an IMPORTANT concept in indifference curve analysis. Marginal rate of substitution implies the rate at which a consumer is willing to substitute one good (X) for another good (Y), so that the total satisfaction remains the same. |
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| 21. |
What are the parameter for measurement of population classs 9? |
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Answer» arameter estimates (also called SAMPLE statistics) PARAMETERS are descriptive measures of an entire population. HOWEVER, their values are usually UNKNOWN because it is infeasible to measure an entire population. Because of this, you can take a random sample from the population to obtain parameterestimates. |
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| 22. |
What are the outcomes of democracy 0 questions and answers? |
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Answer» able, responsive and LEGITIMATE GOVERNMENT. The most basic outcome of DEMOCRACY is that it PRODUCES a government that is ACCOUNTABLE to the citizens, and responsive to the needs and expectations of the citizens. ... A non-democratic government may be able to take decisions in non time? |
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| 23. |
Give reasons "The CRR affects the lending capacity of the banks". |
| Answer» H Reserve Ratio (CRR) denotes amount or fund that banks need to keep up with the Reserve Bank of India (RBI) regularly. If the CRR of a bank is more than the required fund, then the respective can lend more money ACCORDING to their norms. On the other HAND, if the CRR is less, then it affects the lending capacity of the bank. Business banks are required to keep up normal CRR with the RBI, the measure of which will not be under 3% of the AGGREGATE of Net Demand and TIME Liabilities (NDTL) on a fortnightly premise. The RBI is enabled to build the CRR to ≤20% of the NDTL. | |
| 24. |
Distinguish between commodity money and metallic money. |
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Answer» ty Money:Commodity money REFERS to the system of trade in which commodities are USED to buy commodities. In such type of trade, if a wheat trader buys fish from the fish seller, he PAYS the fish seller with wheat grains.Metallic Money:On the other trading with the coins manufactured from the metal such as gold, silver, copper or nickel is called metallic money.Initially, metal ornaments were used which CREATED the PROBLEM of measuring the weight and value. As a replacement to this problem coins standard value and the weight came into existence. |
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| 25. |
Match the following:Group A 1) Near Money 2) Secondary function of money 3) Commodity Money 4) Barter 5) Legal tender Group B a) Sea Shells b) Double coincidence of wants c) Fiat money d) Measure of value e) Bills of exchange f) Standard of deferred payments g) Metalic money. |
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Answer» Money - e) Bills of exchangeNear money are used as bill of exchange as they provide all the major FUNCTION of actual money.2) Secondary function of money - f) Standard of deferred paymentsStandard of conceded INSTALMENTS is considered as AUXILIARY capacity of cash.3) Commodity Money - b) Double coincidence of wants The commodity money can be either used as commodity or as money as per the requirement. Hence it is considered as double coincidence of wants.4) Barter - a) Sea Shells Shells were used as money to buy commodities by Chinese people.5) Legal tender - C) Fiat money Fiat cash is money that a legislature has announced to be legitimate delicate, HOWEVER it isn't supported by a physical product. |
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| 26. |
Match the following Group: Group A 1) Aggregate Supply 2) Autonomous Investment 3) Consumption 4) A.P.C. 5) Investment Group B a) Expected receipts b) Lord J.M. Keynes c) Government Investment d) ΔC / ΔY e) C / Y f) Addition to stock of capital g) Destruction of utility |
| Answer» G group A - group BAggregate supply - a) EXPECTED receiptsAutonomous INVESTMENT - c) Government InvestmentConsumption - B. Lord J. M. Keynes g. Destruction of UTILITYA. P. C. - d) ΔC / ΔY e) C / YInvestment Group - f) Addition to stock of capital | |
| 27. |
Match the following groups: Group A 1) Income method 2) Unemployment allowance 3) Disposable income 4) National Income 5) Group B a) Personal income — direct taxes b) Money value of goods and services c) Factor cost method d) Personal income — subsidy e) Transfer payment f) —Depreciation g) Output method h) Transfer income |
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Answer» ng to National Income committee, “National Income (NI) is the value of goods and services produced in an economy during a given PERIOD without duplication”. Four things MUST be kept in mind regarding this definition:It is measured in terms of MONEYTHE value of goods and services must be COUNTED only once. Therefore, only the value of final goods and service (and not the INTERMEDIARY goods) are used while calculating National Income.The value of goods and service produced previously is not included in NI.Since 1955, Central Statistical Organization (CSO) has been estimating National Income for the country. The Central Statistical Organization has divided the whole of the economy into 3 broad sectors for the purpose of calculating NI. |
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| 28. |
Give reason "A monopolist can control the supply of goods". |
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Answer» olist is an individual, gathering or organization that controls the majority of the market for a SPECIFIC decent or benefit. He most likely has faith in approaches that support imposing business models since it gives them more prominent power. He has minimal motivation to enhance their ITEM since clients have no choices. Due to REASON such as absence of monetary challenge to create the great administration, an absence of feasible substitute merchandise, and the likelihood of a high syndication VALUE well over the vender's negligible cost that prompts intemperate benefit ""A MONOPOLIST can control the supply of goods"". |
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| 29. |
Match the following groups: Group A 1. Monopoly 2. Product differentiation 3. Railway 4. Perfect competition 5. Pure competition Group B a) Public monopoly b) Abnormal profit c) Monopolistic Competition d) Prof. Chamberlin e) Absence of transport costs f) Cartel g) Selling cost |
| Answer» POLY - b) Abnormal profit.Monopoly is characterized by many FEATURES which includes abnormal profit. 2. Product differentiation – c) Monopolistic COMPETITION.The most notable feature of monopolistic competition is product differentiation.3. Railway - a) Public monopolyRailway is an example of Public monopoly.4. Perfect competition – e) Absence of TRANSPORT costsAbsence of transport costs is considered as one of the feature of perfect competition, as all the firms are closely located in perfect competition category.5. Pure competition - d) Prof. Chamberlin ACCORDING to Prof. Chamberlin, eradication of monopoly will leads to purity of the market. | |
| 30. |
Match the following: Group A i) Perfectly Elastic Supply ii) Stock iii)Increase in supply iv)Perfectly Inelastic Supply v) Total Cost / Total Quantity Group B a) Vertical supply curve b) Horizontal supply curve c) Potential supply d) Rightward shift in supply curve e) Leftward shift supply curve f) Average cost |
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Answer» ect Elastic supply- Horizontal supply curveWhen a graph is plot for perfectly elastic supply it leads to the formation of a horizontal supply curve.ii) Stock - c) POTENTIAL supplyStock is considered as major factor on which potential supply is dependent.iii) INCREASE in supply – d) rightward shift in supply curveWhen a graph is plot for increase in supply it leads to the formation of rightward shift in supply curve.iv) Perfectly Inelastic Supply – a) Vertical supply curveWhen a graph is plot for Perfectly Inelastic Supply it leads to the formation Vertical supply curve.v) Total COST / Total Quantity - F) Average costThe formula for average cost is (Total cost)/(Total quantity). |
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| 31. |
Match the following: Group A 1. Demand and price 2. Tea and coffee 3. Inferior goods 4. Factors of production 5. Pen and ink Group B a. Substitute goods b. Inverse relation c. Joint demand d. Distribution of income e. Composite demand f. Giffen goods g. Indirect demand |
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Answer» rectly matched PAIR is as follows:1. Demand and price - b. INVERSE relation. Demand and price is considered as inverse relation because, when one rises the other falls and vice versa.2. Tea and coffee - a. Substitute goods. The goods substitutes one with another are called as substitute goods. Tea and coffee are examples of such type of goods.3. Inferior goods - f. Giffen goods. Giffen good is an uncommon kind of inferior goods whose request increase as the cost of the goods hikes.4. Factors of production - g. Indirect demand. The production factor rely mainly on demand. Goods are PRODUCED as a result of demand and in some cases the produced goods are USED as raw materials for other goods.5. Pen and INK - c. Joint demand. When two goods are in demand for single purpose they are called as Joint demand. Pen and ink are joint demand for writing purpose. |
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| 32. |
What are the major products that needed by foreigners from india? |
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Answer» xport Of Mineral FUELS, Mineral Oils And Products Of Their DISTILLATION; BITUMINOUS SUBSTANCES; Mineral WaxesIndia Export Of Natural Or CULTURED Pearls,Precious Or Semiprecious Stones |
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| 33. |
What are some current examples that impact the direction aggregate demand for the u.S economy? |
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Answer» e current EXAMPLE that impact to the directions invitations DEMAND for the US Economics is a very CRITICAL because in this X held first world war and SECOND world war to create the use us Economics is a very dangerous and then dangerous |
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| 34. |
What are different money market instruments explain their purpose and features? |
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Answer» re several money market INSTRUMENTS in most Western COUNTRIES, including treasury bills, commercial paper, bankers' acceptances, deposits, certificates of DEPOSIT, bills of exchange, repurchase AGREEMENTS, federal funds, and short-lived MORTGAGE- and asset-backed securities. |
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| 35. |
Compare the contribution of employment and GDP to the indian economy |
| Answer» LE below shows thecomparison between the contributionog GDP and employment to theeconomy of the NATION.The primary sector had more employment but itscontribution of GDP is LESS COMPAREDTO the other two sectors.Tertiary sector contributes the most to the GDP of the nation compared to the employment | |
| 36. |
Role of food processing companies in whole economy |
| Answer» INDUSTRY ScenarioMajor industries constituting the Food processing industry are GRAINS, sugar, edible oils, beverages and DAIRY products. The key sub-segments of the Food Processing industry in India are: Dairy, Fruits & VEGETABLES, Poultry & Meat processing, FISHERIES, Food retail etc. | |
| 37. |
Under the national rulal health mission scheme a village level health worker is |
| Answer» KERS are KNOWN as ASHAhope HELPS you | |
| 38. |
Most common route of investment adopted by MNC |
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Answer» t common ROUTE for investments by MNCS in COUNTRIES around the world is to:• SET up new factories.• BUY existing local companies.• Form partnerships with local companies. |
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| 39. |
Role of trade union in better industrial relations |
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Answer» union generally negotiates with EMPLOYERS on behalf of its members, ADVOCATING for improvements such as BETTER WORKING conditions, compensation and job security. These unions play an important role in industrial relations -- the RELATIONSHIP between employees and employers. |
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| 41. |
4 reduction in value added tax in which state in india |
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Answer» of this, states LEVY Value Added Tax (VAT) - the lowest being in Andaman and NICOBAR Islands where a 6 PER cent sales tax is charged on both the fuel. Mumbaihas the highest VAT of 39.12 per cent on petrol while Telanganalevies the highest VAT of 26 per cent on diesel. |
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| 42. |
Objectives and importance of multilateral trade agreement |
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Answer» tilateral TRADE Agreements. ... Their aim is to have OFFICIALS who contribute to their country's ability to fully participate in the multilateral trade negotiations and to USE the WTO system to further social and economic development. |
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| 43. |
Write any 6 differences between tax revenue and non tax revenue |
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Answer» of Income:Taxation is the primary source of income for a state. States institute TAXES on the income that residents of the state receive through the money earned from employment and entrepreneurial ENDEAVORS. Thus, the government sets an amount that an individual has to give the government based on how much he or she has earned from wages throughout the year, family size, CHARITABLE CONTRIBUTIONS, and exemptions.Answer and Explanation:Tax revenue is the income gained by the government through taxation, or taxing working individuals. Non-tax revenue is income that the government makes from sources other than taxes, like bonds or ISSUED profits from state-owned companies. The difference between the two is that one is solely from taxation paid by tax-payers (tax revenue), and the other is generated from items other than regular taxes (non-tax revenue). |
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| 45. |
Needs and important of livestock conservation in inda |
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Answer» estock species PLAY very important ECONOMIC and socio-cultural ROLES for the wellbeing of rural households, such as food supply, source of income, ASSET saving, source of employment, soil fertility, livelihoods, transport, AGRICULTURAL traction, agricultural diversification and sustainable agricultural ... |
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| 46. |
What is Central bank ?and it's types? |
| Answer» AL bank is an independent NATIONAL authority that conductsmonetary policy, REGULATES banks, and provides financial services including ECONOMIC research. Its goals are to stabilize the nation's currency, keep unemployment low, and prevent inflation | |
| 47. |
Conclusion of food supply channels in India |
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Answer» tance, surplus food grain producing states like PUNJAB , mp etc . Their produce are procured by govt via FCI ( FOOD corporation of india ) by minimum support price given to the farmer which is in turned preannounced google it ... ultimately whole grain will reach buffer STOCKS created by govt ..... this is how channels are operating Now as u have asked wt s the conclusion for it :-It is a paradox that its has prons as well as cons too ....Its positive side is the stored food in excess can be used during severe conditions like famine , natural calamities nd other hazardous situations .. also it could be give to the poorer strata of society in low prices which they can afford called issue price which is usually less than market ... Disadvantage is that these stockes are not looked after honestly or with immense care .....There are also rooten grains as well as dead rats inside stocks bcoz the bulk has not been utilised properly .Bcoz of exploitation in public distribution SYSTEM up to an extent Which makes people or impoverished section of society turning to the market places ... as a result buffer stock granaries remain stagnant ...FROM THIS FACTS I CAN DEDUCE AS WELL AS CONCLUDE THAT GOOD INTENTION OF GOVERNMENT HAS BEEN RUINED BY CORRUPTION :) For more u can browse |
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| 48. |
The government announced it will be refunding the employers the pay for how many weeks of maternity leave given to employees |
| Answer» UNDERSTAND your QUESTION PLEASE ASKED in HINDI | |
| 49. |
Name the economic activity in which people are rewarded |
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Answer» c activities MAY be further divided into THREE categories, namely business, profession and employment. Business may be defined as an economic activity involving the production and SALE of goods and SERVICES undertaken with a motive of earning profit by satisfying human needs in society. |
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| 50. |
The average is done for per capita water demand is over a period of time |
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Answer» imum flow RATE delivered by the DISTRIBUTION system on any single HOUR during the year corresponds to the peak hour water DEMAND. The peak hour demand (PHD) is the peak hour water demand divided by the average daily demand (ADD). Peak hour demands TYPICALLY occur during the morning hours. |
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