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ong>ANSWER:

COMPUTER data

Explanation:

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We have over fifteen years’ experience PERFORMING audits for the UK subsidiaries of GLOBAL companies. Our knowledge of how these businesses operate, often on a cost-plus basis, enables us to design our audit procedures to ensure the minimum of disruption to our clients while delivering a professional and cost-effective audit. Our audit staff work with clients of all different sizes OPERATING in a VARIETY of sectors, so we have the experience to audit any organization no matter what their circumstances.

ong>Answer:

Many goods and services have prestige value, that is, they INCREASE the status of CONSUMERS who own or USE them. These are called prestige (or status, or positional) goods. JEWELRY and fashionable clothing, luxurious homes and cars, and extravagant entertainment are examples of these prestige goods.

Explanation:

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The slope of production possibility curve is the marginal opportunity cost which refers to the additional sacrifice that an economy makes when it shifts resources and TECHNOLOGY from production of one commodity to the other. .

ong>Answer:

Moreover, the national income in INDIA at current prices has INCREASED from Rs. 9,142 crore in 1950-51 to Rs. 10,93,962 crore in 1996-97 which shows a GROWTH of 119 TIMES during this period of 46 years. Again the per CAPITA income figure at constant prices (1980-81) has increased from Rs.

ong>Answer:

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Explanation:

OPTION A

240 families CULTIVATE small plots of land less than 2 hectares in size

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ong>Explanation:

EXCESSIVE income is not concerned with the problem of choice

Normally the problem of choice ARISES when the income is limited and people have wants that are UNLIMITED.

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Indifference curves slope downward because, if utility is to REMAIN the same at all points along the curve, a reduction in the quantity of the good on the VERTICAL AXIS must be counterbalanced by an increase in the quantity of the good on the horizontal axis (or vice VERSA)

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ong>Answer:

EXCESSIVE INCOME is not concerned with the PROBLEM of choice

Normally the problem of choice ARISES when the income is limited and people have WANTS that are unlimited.

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ong>ANSWER:

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hey Slope Negatively or Slope Downwards from the Left to the Right:

2. They are Convex to the Origin of AXES:

3. Every Indifference CURVE to the right represents Higher Level of Satisfaction than that of the Proceeding One:

4. Indifference Curves can neither touch nor Intersect each other, so that one Indifference Curve Passes through only one Point on an Indifference Map:

5. Indifference Curves are not Necessarily Parallel to each other. Although, they are Falling and Negatively Inclined to the Right:

6. In reality, Indifference Curves are like Bangles:

Explanation:

1. This is an IMPORTANT feature of Indifference Curve. If the total satisfaction is to remain the same, the consumer must part with a diminishing number of bananas as he gets as increasing stock of oranges. The loss of satisfaction to the consumer on account of the downward movement must be made up by the gain through the rightward movement. As such the Indifference Curve must slope downwards to the right.In this diagram at P, the consumer obtains OM of oranges and ON of bananas. AQ, he gets the same OM. Quantity of oranges, but ON1 of bananas. He secures greater total satisfaction of X than at P. He cannot therefore indifferent between P and Q. Thus it is PROVED that an Indifference Curve cannot slope upward to the right, nor can it be horizontal or vertical. The only possibility is that it must slope downwards to the right. The consumer will get additional supplies of oranges by sacrificing diminishing quantities of bananas.

2.The second property of the Indifference Curve is that they are generally convex to the origin of the axes—the left hand portion is NORMALLY steep while the right hand portion is relatively flat. This property of the Indifference Curve is derived from the Law of Diminishing Marginal Rate of Substitution. The marginal rate of substitution neither increases nor does it remain constant.  If the marginal rate of substitution had increased, the Indifference Curve would have been concave to the origin. If the marginal rate of substitu­tion had remained constant, the Indifference Curve would have been a diagonal straight line at 45° angle. The marginal do not rate of substitution increases nor does it remain constant. The marginal rate of substitu­tion on the contrary goes on diminishing. So the Indifference Curve has to be convex to the origin of axes.

ong>Answer:

UNLIKE other fixed deposit (FD), the lock-in period of tax saving fixed DEPOSITS (FDs) is five years. 2. Only Individuals and HUFs (Hindu undivided family) can invest in the tax-saving fixed deposit (FD) scheme.

ong>Answer:

A traveller's cheque[a] is a medium of EXCHANGE that can be used in PLACE of hard currency. They can be denominated in one of a number of major world currencies and are preprinted, fixed-amount cheques designed to allow the person signing it to MAKE an UNCONDITIONAL payment to someone else as a result of having paid the issuer for that privilege.

ong>ANSWER:

INCREASE

Explanation:

because imposing tax on any comidity increase its COST price

final GOOD because it is written that it is for USE not for sale

it is a durable CONSUMPTION good

EXPLANATION:

is the ANSWER TRUE or FALSE?

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ong>ANSWER:

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ong>MSP is the minimum SUPPORT price that GOVERNMENT promises for any agricultural CROP. Where as ISSUE price is the price at which government issue the same agricultural crop.

ong>Answer:

The schedule is a formalized SET of questions, statements, and spaces for answers, provided to the ENUMERATORS who ask questions to the respondents and note down the answers. While a questionnaire is filled by the INFORMANTS themselves, enumerators fill the schedule on behalf of the respondent.

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The Principle of MAXIMUM Social Advantage is the principle that governs the operation of public finance (financial activities of the government) to maximize the economic WELFARE of the society as a whole. ... Government should collect money and spend it to maximize the welfare of PEOPLE.

ong>Explanation:

The price elasticity of supply of good X is HALF the price elasticity of supply of good Y. A 10% rise in price of good Y results in a rise in its supply from 400 units to 520 units calculate the PERCENTAGE CHANGE in quantity supplied of good X when its price FALLS from Rs. 10 to Rs. 8 PER unit

ong>Answer:

Poverty refers to a situation in which a person remain underprivileged from the basic NECESSITIES of life. In addition, the person does not have an inadequate SUPPLY of food, shelter, and clothes. In India, most of the people who are suffering from poverty cannot afford to pay for a single meal a day. ALSO, they sleep on the roadside; wear dirty old clothes. In addition, they do not get proper healthy and nutritious food, neither medicine nor any other necessary thing.

Explanation:

The rate of poverty in India is increasing because of the increase in the urban population. The RURAL people are migrating to cities to find better employment. Most of these people find an underpaid job or an activity that pays only for their food. Most importantly, AROUND crores of urban people are below the poverty line and many of the people are on the borderline of poverty.

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ong>Answer:

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Explanation:

Series: Types of Series and Types of Tests

Types of Series.

Harmonic Series: This is an example of DIVERGENT series.

GEOMETRIC Series: Geometric Series is a series where the RATIO of each two CONSECUTIVE terms is a constant FUNCTION of the summation index.

P-Series: P-series is a series where the common exponent p is a positive real constant number.

ong>Answer:

An election commission is a body charged with overseeing the implementation of electioneering PROCESS of any country. ... They may also be responsible for electoral BOUNDARY delimitation. In FEDERATIONS there may be a separate body for each SUBNATIONAL government.

Explanation:

ong>ANSWER:

An acceptable REASON for a new federal bureaucratic organization to be created as an independent executive AGENCY is "None of the cabinet agencies DEAL with the issues it addresses

ong>Explanation:

FACTOR mobility refers to the ability to move factors of production - labor, capital or LAND - out of ONE production process into another. Factor mobility may INVOLVE the movement of factors between firms within an industry, as when one steel plant closes but sells its production equipment to another steel firm ..

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Many naturally OCCURRING substances, such as clay, ROCKS, sand, and WOOD, even TWIGS and leaves, have been used to construct buildings.

ong>Answer:

Economic data or economic statistics are data (quantitative measures) describing an actual economy, past or present. These are typically FOUND in time-series form, that is, covering more than one time period (say the monthly UNEMPLOYMENT rate for the last five YEARS) or in cross-sectional data in one time period (say for consumption and income levels for sample households). Data may ALSO be collected from surveys of for example individuals and firms or aggregated to sectors and industries of a single economy or for the international economy. A collection of such data in table form COMPRISES a data set.

Explanation:

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Under this system the Central Bank controls credit by changing the Cash Reserves RATIO. For example—If the Commercial Banks have EXCESSIVE cash reserves on the basis of which they are creating too much of credit which is harmful for the larger INTEREST of the economy.

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Primary sources PROVIDE raw information and first-hand evidence. Examples include interview transcripts, statistical data, and works of art. ... Secondary sources provide second-hand information and commentary from other researchers. Examples include journal articles, REVIEWS, and academic books.

ong>ANSWER:

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Dairy is the main non-farming activity of the people of Palampur. People have domesticated cows and buffaloes. ... Many people of the village of Palampur are also engaged in driving tractors, JEEPS, bullock CARTS, rickshaws and trucks. They mostly TRANSPORT GOODS from one place to another.

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(1) ᴇᴀᴄʜ ᴏʀɢᴀɴɪsᴍ ɪɴ ᴇᴄᴏsʏsᴛᴇᴍ ɪɴᴛᴇʀᴀᴄᴛs ᴡɪᴛʜᴇᴀᴄʜ ᴏᴛʜᴇʀ ᴀɴᴅ ᴛʜᴇ ᴇɴᴠɪʀᴏɴᴍᴇɴᴛ ɪɴ ᴀ ᴠᴀʀɪᴇᴛʏ ᴏғ ᴡᴀʏs;

(2) ʟɪᴠɪɴɢ ᴏʀɢᴀɴɪsᴍs ᴀʀᴇ ɪɴғʟᴜᴇɴᴄᴇᴅ ʙʏ ᴛʜᴇɪʀ ᴘʜʏsɪᴄᴀʟ ᴇɴᴠɪʀᴏɴᴍᴇɴᴛ;

(3) ᴀʟʟ ʟɪᴠɪɴɢ ᴛʜɪɴɢs ɪɴ ᴀɴ ᴇᴄᴏsʏsᴛᴇᴍ ᴀʀᴇ ɢʀᴏᴜᴘᴇᴅ ᴀs ᴀ ᴄᴏᴍᴍᴜɴɪᴛʏ;

(4) ᴇᴀᴄʜ ᴏʀɢᴀɴɪsᴍ ɪɴ ᴛʜᴇ ᴇᴄᴏsʏsᴛᴇᴍ ʜᴀs ɪᴛs ᴏᴡɴ ʀᴏʟᴇ.

(1) ᴇᴀᴄʜ ᴏʀɢᴀɴɪsᴍ ɪɴ ᴇᴄᴏsʏsᴛᴇᴍ ɪɴᴛᴇʀᴀᴄᴛs ᴡɪᴛʜᴇᴀᴄʜ ᴏᴛʜᴇʀ ᴀɴᴅ ᴛʜᴇ ᴇɴᴠɪʀᴏɴᴍᴇɴᴛ ɪɴ ᴀ ᴠᴀʀɪᴇᴛʏ ᴏғ ᴡᴀʏs;

(2) ʟɪᴠɪɴɢ ᴏʀɢᴀɴɪsᴍs ᴀʀᴇ ɪɴғʟᴜᴇɴᴄᴇᴅ ʙʏ ᴛʜᴇɪʀ ᴘʜʏsɪᴄᴀʟ ᴇɴᴠɪʀᴏɴᴍᴇɴᴛ;

(3) ᴀʟʟ ʟɪᴠɪɴɢ ᴛʜɪɴɢs ɪɴ ᴀɴ ᴇᴄᴏsʏsᴛᴇᴍ ᴀʀᴇ ɢʀᴏᴜᴘᴇᴅ ᴀs ᴀ ᴄᴏᴍᴍᴜɴɪᴛʏ;

(4) ᴇᴀᴄʜ ᴏʀɢᴀɴɪsᴍ ɪɴ ᴛʜᴇ ᴇᴄᴏsʏsᴛᴇᴍ ʜᴀs ɪᴛs ᴏᴡɴ ʀᴏʟᴇ.

ong>Explanation:

The GREEN Revolution, or the Third AGRICULTURAL Revolution, is the set of research technology transfer initiatives occurring between 1950 and the late 1960s, that INCREASED agricultural production worldwide, beginning most markedly in the late 1960s.