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. |
How mncs plays an important role in our lyf |
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Answer» Explanation: Multinational companies play a vital role in the economy of a COUNTRY in modern world since many years. These companies promote the growth of trade due to the bulk INVESTMENT of FOREIGN capital in a country. The direct foreign investment in the industrial SECTOR reduces the amount of COMMERCIAL debt of a country. ℍ⌾ℙℰ ⅈᝨ'Տ ℍℰℒℙ Ⴎℍ ❤️ |
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| 2. |
Differentiate between intermediate products and final products? What is the significance of this distinction? |
Answer» Final goods are those goods which are used for final consumption in the consumer MARKET and any kind of business or capital investment.Intermediate goods are identified as goods which are used in further production of final goods and services or used for RESALE for commercial purposes.Explanation: The distinction between final and intermediate is largely applicable in the calculation of National Income or GDP of any country.According to the VALUE added method of GDP or National Income estimation,the market value of the factors/inputs of production are not INCLUDED in the calculation of the GDP calculation of final goods and services to avoid double counting.Similarly,based on the expenditure method of National Income/GDP calculation,the value of all the intermediate goods and services are excluded from the estimation of GDP as those are already reflected in the final market value of the final goods and services.Hence,it is extremely essential to differentiate final and intermediate goods while calculating the National or GDP as practically,the final market value of the final goods and services already includes the value or costs of all the intermediate goods and the factors/inputs of production that have been used in their production.Therefore,this distinction is very much relevant from a macroeconomic standpoint. |
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| 3. |
In recent years, especially around big cities, there is the problem of air pollution and the likelihood of poisoning is high. Given this scenario, do you think that air is free resource? Justify your answer. |
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Answer» Answer: ya as we all know it's a renewable kinda RESOURCE but we can't say it free resource ,ya obviously it is endowment of nature . but we should STOP overusuing it . there is always a certain LIMIT of use . you know very well wehave borrowed this earth from our offspring or not w get it from forefathers of ours |
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| 4. |
explain why nominal gdp and real gdp growth rates are sometimes different? when can they be the same? |
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Answer» ANSWER: what is your QUESTION I don't UNDERSTAND your question Explanation: |
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| 5. |
Why does India have trade deficit |
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Answer» Answer: PLEASE mark it as brainliest Explanation: India's trade deficit widened with 25 MAJOR countries in 3 years. ... The increasing trade deficit in spite of positive growth of exports is MAINLY due to higher imports of products such as crude oil, electronic goods, IRON and steel, chemicals, coke, fertilisers, and MACHINERY, he said. |
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| 6. |
Agriculture and related sector |
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Answer» Answer: When we produce a GOOD by exploiting natural resources, it is an activity of primary sector. This is because it FORMS the base for all other products that we subsequently make. Since most of the natural products are from agriculture, DAIRY, FISHING, FORESTRY, this sector is also called agriculture and related sector. |
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| 7. |
1. The rate of saving is low in India for thefollowing reasonI. Low per capita incomeII. Poor performance and less contributionof public sector.III. Poor contribution of household sector.IV. Savings potential of the rural sector nottapped fully.a) I, II, IV are correctb) I, II and III are correctc) I, II, III and IV are correctd) I, III and IV are correct |
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Answer» Answer: |
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| 8. |
6th January is observed as Patrakar Din or Journalist day in Maharashtra |
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Answer» patrakar DIN thank you |
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| 9. |
Which type of price discrimination harmful for indian economy? in 1000words |
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Answer» Answer:
all type of PRICE discrimination is DANGEROUS for the socity |
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| 10. |
Palampur ke logon Ka mukhya vyavsay kya hai |
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Answer» farming Explanation: |
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| 11. |
Analyse the contribution of fast transport in globalisation. |
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Answer» and PLEASE THANK me and MARK BRAINLIEST please and |
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| 12. |
Clearly lists and describes a range of solutions to encourage safe driving. Solutions take into consideration all four areas of Education, Encouragement, Enforcement and Engineering. |
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Answer» Answer:
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| 14. |
If the marginal of producing 1 unit of a commodity is 15 and that of producing 2 units is 10 then ,A) total cost = 25 B) average cost =25 C) variable cost =25 D) none of these |
Answer» The total cost of PRODUCTION in this CASE is 25 and hence,the correct answer is option A) or total cost=25.Explanation: The marginal cost of production BASICALLY REFERS to the change in total cost of production for each unit of output produced by a firm or company.Total cost of production includes both the fixed and variable costs of production and the total cost of production of the first unit is 15 including both the fixed and variable cost and that of producing second unit is 10 which involves only variable as the fixed cost is already fixed and does not vary with the production.Therefore,the total cost of production of producing 2 units of output is= |
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| 15. |
WeightS.No Nauud x y lulusIs goar uly-7/dxs x Aday A dor dy-22/32K 35 47Ľ 3850RM 42 55 |
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| 16. |
Explain difference between gdp deflator or inflation rate. |
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Answer» if yes kindly MARK as brainliest |
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| 17. |
Explain what the statement 'great reasons to be active'. answer this in detail please (hsc style). |
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Answer» THATCHER hdhdvs GETTING hehehe truthful gdgev generic gdvdjdu Explanation: Thatcher hdhdvs getting hehehe truthful muttering hehehe |
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| 18. |
Explain difference between gdp deflator or inflation rate.does gdp deflator help us estimate the inflation rate? |
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Answer» After 2009 inflation rate is also calculated on the basis of CPI. On the other hand GDP deflator is a broader CONCEPT. CPI is COMPUTED using a fixed basket of GOODS, whereas GDP deflator allows the basket of goods to change over time as composition of GDP changes. The GDP PRICE deflator measures the changes in prices for all goods and SERVICES produced in an economy. The GDP deflator is a more comprehensive inflation measure than the CPI index because it isn't based on a fixed basket of goods. |
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| 19. |
Does gdp deflator help us estimate the inflation rate? |
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Answer» The GDP price deflator measures the changes in PRICES for all goods and services produced in an economy. ... The GDP deflator is a more comprehensive inflation MEASURE than the CPI INDEX because it isn't based on a fixed basket of goods. |
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| 20. |
Puen Programme (IRDP)Gram Samridhi Yojana (JGSY)(d) National Social Assistance Progre) Swaranajayanti Gram SwarozgauHal Assistance Programme (NSAP)al Gram Swarozgar Yojana (SGSY)Employment Assurance Scheme (EAS)B Pradhan Mantri Gramodaya Yojana (PMGY)(h) 20-point programme.National Rural Employment Guarantee SchemeG) Bharat Nirman(k) National Food for Work Programme (NFWP)@ Prime Minister Rozgar Yojana (PMRY)(m) Antyodaya Anna Yojana (AAY).ExerciseKultiple Choice Type Questions1 The national average of population living below the poverty line is :(a) 26%(b) 20%(c) 36%(d) None of these |
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Answer» D) nonoe of these .............. |
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| 21. |
Q. 3. Find the odd word out:1) New Economic Policy -Liberalization, Privatization, Demonetization,Globalisation2) Industries requiring compulsory licensing -defence equipment, agro-based industries,cigarettes, industrial explosives3) Navratna status companies -SPCL, IOC, ONGC, HPCL4) Liberalization dealt with the following -MRTP, FERA, SEBI, NTPC |
Answer» 1 demonetization2 agro BASED industries3 SPCL4 NTPCmay be HELPFUL XD |
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| 22. |
explain difference between gdp deflator or inflation rate. does gdp deflator help us estimate the inflation rate? |
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| 23. |
A sum which calculated from all the methods with individual series |
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Answer» it is bdmas Explanation: |
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| 24. |
Give some slogans on DOWARY SYSTEM in Telugu |
Answer» PLEASE I NEED TO TALK WITH YOU PLEASE COME TO OTHER QUESTIONI AM BEGGING YOU BUT STILL YOU ARE NOT LISTENING THIS IS THE RESPECT YOU GIVE TO YOUR CHELLIPLEASE THANK MY ANSWER IF YOU SAW IT |
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| 25. |
In 2017, labor costs increased by 3.2%, while labor productivity increased by 1.9%.c. Calculate the percentage increase in labor costs per product. Use indices.d. Explain what happened to the cost of metal as a result. |
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Answer» Answer: At the organism LEVEL, organ systems JOIN together to CREATE an organism. -At the POPULATION level, the ability to communicate and work together for the SURVIVAL of the species is an emergent property. this is your answer ✔️ |
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| 26. |
The tourism industry has developed in indian simple answer |
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| 27. |
Coefficient of correlation is always positive true or false |
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Answer» Answer: False. Explanation: Coefficient of correlation is STATISTICAL MEASURE of the strength of relationship between two variable. The values RANGE between -1.0 and 1.0. A calculated number greater than 1.0 or less than -1.0 means that there was an error in the correlation measurement. A correlation of -1.0 shows a perfect NEGATIVE correlation, while a correlation of 1.0 shows a perfect positive correlation. A correlation of 0.0 shows no linear relationship between the movement of the two VARIABLES. |
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| 28. |
If demand curve for alphonso mangoes is d = 25000 -70p and supply curve is s = 10000 + 80p, find the equilibrium quantity? |
Answer» The equilibrium quantity of ALPHONSO mangoes in the market is 130,000.Explanation: The demand curve for the alphonso mangoes is given as d=25000-70p and the supply curve of the same is given as s=10000+80p where d and s represent the demand and supply of alphonso mangoes respectively and p denotes the per unit price of the alphonso mangoes. Now,BASED on the concept of market equilibrium,the market demand has to be EQUAL to market supply. Therefore,based on the market equilibrium condition,we can state:- HENCE,the equilibrium price of alphonso mangoes in the market is 1500. Now,plugging the value of equilibrium price in the supply FUNCTION of alphonso mangoes,we get:- Hence,the equilibrium quantity of alphonso mangoes in the market is 130,000. |
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| 29. |
The economy has been officially out of the worst recession since the Great Depression for 10 years. In August, personal consumption expenditure increased by .1% which is a smaller increase than in the previous months where the personal consumption expenditures increased by .5% per month. How does the change in aggregate expenditures in August affect the aggregate expenditures, GDP, and employment? How does that compare to the changes in consumption in the previous months? Investment spending in August fell by .2%. How does this change in investment spending affect the aggregate expenditures, GDP, and employment? Do you feel the change in consumption, or the change in investment spending is more accurate in predicting how GDP might change in the future? Are you concerned about these changes? Why or why not? |
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Answer» Answer: On October 24th of 1929- Newyork Stock Exchange (NSE) , wallstreet crashed. This Thursday in the history is remarked as" BLACK Thursday". Explanation: The USA emerged as a new economic power:
The economic growth of the USA did not last long .The world was thrown into economic crisis in 1929, which started in the USA. The crash wiped out in a single day the entire economic growth. till then . In panic, Investors rushed to sell their stocks, which led to MASSIVE volume of stock marketing . Ultimately this led to abrupt and dramatic price decline. The great depression that left disastrous impact on both America and European nations followed the crash. Many lost their wealth and those who couldn't bear loss . commited suicide , the production rate plunged; unemployment became grave and world trade completely collapsed.
The Dipression until last for a decade ended in 1939. Several Countries adopted various economic policies and administrative changes
European countries under dictatorship: Austria - Dolfuss dictatorship ( March 1933) all parties banned , socialist parties. Bulgaria - King Boris establishes royal dictatorship ( 1936). ESTONIA - George 3 restores monarchy ( 1935) Metaxes establishes dictatorship (August, 1936). Hungary - Gombou dictatorship (1931 - 5). Latvia - Ulmanis coup establishes dictatorship ( May , 1934). Lithuania - Semetona coup ( December, 1926);all parties banned ( February , 1936) Poland - Pilsudski's dictatorship (1926-35). Romania - King Carol 2 builds dictatorship ( 1930-40). All parties banned (1938). Front of National rebirth. Yugoslavia - Alexander establishes royal dictatorship ( January, 1929).
* * * * ( NB : I think you are satisfied on my answer , if so please mark my answer as brainliest) |
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| 30. |
Maintion any 3 features of national health policy |
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Answer» Answer: any three features are 1 Increase the expenditure in the health SECTOR 2 Gradual CONVERGENCE of all health programmes under a single FIELD administration 3 Improvement in the RATIO of nurses, doctors and beds |
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| 31. |
What do you mean by multpleir and investment multipler |
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Answer» Answer: Multiplier - In economics, a multiplier broadly refers to an economic factor that, when increased or changed, causes increases or changes in MANY other related economic variables. In terms of gross domestic product, the multiplier effect causes gains in total output to be greater than the change in spending that caused it. Investment multiplier - The TERM investment multiplier refers to the concept that any INCREASE in public or PRIVATE investment spending has a more than proportionate positive impact on aggregate income and the general economy. ♣️❤️ xGangsterGirlsx ❤️♣️ |
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| 32. |
Coefficient of correlation is always positive true or false give the answer |
Answer» Coefficient of CORRELATION values usually range from -1 to 1 with 0 in between.Hence,it is false that the coefficient correlation value is always positive.Explanation: In STATISTICS,coefficient or correlation shows the strength and direction of LINEAR statistical or numerical relationship or association between TWO variables.Now,considering the direction of the relationship,if the two variables exhibit positive relationship or they move in the same direction numerically,then the value of the correlation coefficient is positive or greater than 0,which can REACH a maximum value of 1.In contrast,if the two variables are inversely or negatively related,then the coefficient correlation value will be negative or less than 0,which can reach up to -1.Hence,the coefficient of correlation can be negative depending upon the direction of the statistical relationship between the two concerned variables. |
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| 33. |
The multiplier is reciprocal of marginal propensity to save ,dicuss |
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Answer» Answer: Since MPS is measured as RATIO of change in savings to change in income its value lies between 0 and 1. Also marginal PROPENSITY to save is opposite to marginal propensity to consume . Mathematically, In a closed economy , MPS + MPC = 1 Since, an INCREASE in one UNIT of income will be either CONSUMED or saved. |
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| 35. |
Explain any three reason of differences income of work |
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Answer» Answer: These differences in WAGES SURFACE in case of workers WORKING in the same occupation and the same area but in different industries. These differences are the result of VARYING skill requirements, level of unionisation, nature of product market, ABILITY to pay, the stage of development of an industry, etc.....plzzz mark the answer brainliest! ! ☺✌❤❤ |
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| 36. |
5. Tertiary is a larger sector in ..........country. |
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Answer» United States is the answer. Hope this will HELP you Explanation: Pls mark as BRAINLIEST |
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| 37. |
A German travel company considers its futureA german travel company decides to stop selling holidays in Italy and instead to offer holidays in a new destination. This is the Maldives, a group of islands in the Indian Ocean, famous for their long hours of sunshine and sandy beaches.Tourism is a fast growing industry. Not all families, however, are able to go on holiday whether at home or abroad. Most of those who take holidays would like to have more holiday breaks.a) What evidence is there in the passage of scarcity? [3]b) Using examples, identify three factors of production involved in providing holidays in the Maldives. [6]c) (i) explain the difference between an economic and free good. [4](ii) Identify a free good from the passage [1]d) Explain the relevance of opportunity cost for a travel firm in deciding how to use its resources. [6].Smarty I swear to god don't type the answer |
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Answer» wkkaodjjcjxmkakskjcndjsjaksnbchsjmxmxjsmmxmxmxmnajsnndbchanshquwgd |
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| 38. |
A German travel company considers its futureA german travel company decides to stop selling holidays in Italy and instead to offer holidays in a new destination. This is the Maldives, a group of islands in the Indian Ocean, famous for their long hours of sunshine and sandy beaches.Tourism is a fast growing industry. Not all families, however, are able to go on holiday whether at home or abroad. Most of those who take holidays would like to have more holiday breaks.a) What evidence is there in the passage of scarcity? [3]b) Using examples, identify three factors of production involved in providing holidays in the Maldives. [6]c) (i) explain the difference between an economic and free good. [4](ii) Identify a free good from the passage [1]d) Explain the relevance of opportunity cost for a travel firm in deciding how to use its resources. [6]. |
Answer» Comprehension answersExplanation:
Please also VISIT, brainly.in/question/14951142 |
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| 39. |
A German travel company considers its futureA german travel company decides to stop selling holidays in Italy and instead to offer holidays in a new destination. This is the Maldives, a group of islands in the Indian Ocean, famous for their long hours of sunshine and sandy beaches.Tourism is a fast growing industry. Not all families, however, are able to go on holiday whether at home or abroad. Most of those who take holidays would like to have more holiday breaks.a) What evidence is there in the passage of scarcity? [3]b) Using examples, identify three factors of production involved in providing holidays in the Maldives. [6]c) (i) explain the difference between an economic and free good. [4](ii) Identify a free good from the passage [1]d) Explain the relevance of opportunity cost for a travel firm in deciding how to use its resources. [6].Pls help as much as you can |
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Answer» Answer: A GERMAN travel company decides to stop selling holidays in ITALY ... famous for their long hours of sunshine and SANDY BEACHES. Tourism is a fast growing industry. |
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| 40. |
What is static multiplier |
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Answer» MARK ME AS THE BRAINLIEST Answer: The concept of static multiplier implies that CHANGES in investment causes CHANGE in income instantaneously. It means that there is no time lag between the change in investment and the change in income. It implies that the moment a rupee is SPENT on investment project, SOCIETY's income increases by a multiple. HOPE IT IS USEFUL |
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| 41. |
What will be the impact on equilibrium price and the equilibrium quality when supply is prafactly elastic and demand increase |
Answer» If the market supply is perfectly elastic,then increase in demand will not affect the initial EQUILIBRIUM PRICE but the equilibrium quantity will increase.Explanation: In a market scenario where the market supply is perfectly elastic,the suppliers or sellers are willing to supply any quantity or amount of the product or service at a fixed or constant price.In other words,the sellers or suppliers in the market are extremely price sensitive and will not accept any price change which will lead to an absolute cessation of market supply.In this case,UNDERSTANDABLY,any increase in demand will not have any effect on the equilibrium price in the market due to perfectly price elasticity of supply.However,an increase in demand will impel the sellers or suppliers to increase the market supply to compensate or fulfill the extra market demand at the same equilibrium price LEADING to an increase in equilibrium quantity.Hence,in this case,the equilibrium price will remain constant but equilibrium quantity will increase in the market. |
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| 42. |
Kendra sarkar ke aay ke srot pramukh vivechna kijiy |
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Answer» I am not SURE about this QUESTION you can ASK this question in GOOGLE |
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| 43. |
The probability that a married man watches a certain television show is .4 and the probability that a married woman watches the show is .5. the probability that a man watches the show given that his wife does is .7. find the probability that a wife watch the show given that husband does |
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Answer» Answer: the probability that a MARRIED MAN watches a certain TELEVISION show is |
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| 44. |
Is an activity that involves making of goods or service that a person needs |
Answer» Production is an activity that involves making of goods and services that a person needs.Explanation: In Economics and in GENERAL sense,the process or mechanism of production involves the optimal or proper utilization of various resources and factor or inputs of production to produce or MAKE final goods and services which can be subsequently used for consumption in the society.Therefore,essentially,it is an economic process that deals with satisfying various human needs and wants by providing them the desired or PREFERRED products,commodities and services.Hence,the PRACTICE of production has a particular target or goals which is to satisfy consumer or human needs and wants and any manufacturing WITHOUT having this particular objective cannot be considered as production from an economic standpoint. |
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| 45. |
Wat is full from of Fcl and msp |
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Answer» Full form of FCL is Full CONTAINER LOAD. Full form of MSP is Minimum Support PRICE. |
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| 46. |
12. All economic activities that directly involve conversion of natural resources areclassified under(a) secondary sector(b) primary sector(c) tertiary sector(d) government sector |
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Answer» your ANSWER is d GOVERNMENT SECTOR |
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| 47. |
How Economics is a selective science ? |
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Answer» ECONOMICS is the scientific study of the ownership, use, and EXCHANGE of scarce resources – often shortened to the SCIENCE of scarcity. Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations... i hope it helps you..✌☺ |
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| 48. |
Difference between MNCs and domestic companies |
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Answer» Answer: Multinational cooperation operate in two or more countries restrict their OPERATIONS a single COUNTRY .The reason companies expand to other countries vary.Some companies do it to SEEK NEW markets ,other to find RESOURCES ,yet other to reduce cost.. |
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| 49. |
Population control is the only measure to eradicate poverty |
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Answer» No , this is not the only WAY . By providing PROPER FACILITIES , education , DAILY needs , and employment and by conducting sensus you can eradicate poverty. |
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| 50. |
What is the angle which makes the line of equal distribution at the origin |
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