InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 2051. |
Define rate of interest. |
| Answer» INTERST RATE is the AMOUNT charged EXPRESSED as a % of principle. | |
| 2052. |
A country's wealth is estimated by the amount of ________ it process |
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Answer» A country's wealth is ESTIMATED by the amount of _GDP_______ it process Gross Domestic Product, GDP: It is a tool of measurement of the sum TOTAL VALUE of final goods and services output within a the boundary of a country. It is the most prominent procedure of measurement of the economy and output and is therefore considered as a remarkable measure of the QUALITY and quantity of an economy. It is a scale of measurement and comparison growth or fall of economy of a country. When it is said that economy is larger than another or that an economy is growing or shrinking, usually they're refer to GDP figures. |
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| 2053. |
A country's production possibilities frontier outward? |
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Answer» In the branch of economics which is related to large-scale economics, for example, NATIONAL productivity is the production possibility frontier or PP. This phenomenon describes the POINT at which a country’s economy is most effective to yield PRODUCTIVE goods and services then, an allocation is done with its resources in the best possible way. If the economy does not give ENOUGH production the quantities indicated by the PPF, resources are being managed inefficiently and the economy will collapse. |
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| 2054. |
Indian economy is. Developing economy justify this statement on the basis of change that an economy experience with the economic development |
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Answer» Indian ECONOMY is a developing economy. This statement can be justified by taking further justification, for example, countries LIKE USA and RUSSIA are the ones that are already developed. Their economy is strong in every field, for India we can have an example of the IT sector i.e information technology. Our IT sector can't be tagged as being ECONOMICALLY developed but as economically developing. It faces ups and downs. On the other hand, we ALSO can't say that sector is underdeveloped. |
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| 2056. |
commodities A and B have equal price elasticity of demand . The demand of X rises from 100 units to 150 units due to a 20 percent fall in its price . Calculate the percentage fall in demand of Y if its price rises by 8 percent. |
| Answer» HOPE this HELP......... | |
| 2057. |
What is circular flow of income(1m) |
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Answer» The CIRCULAR flow of income or circular flow is a MODEL of the economy in which the MAJOR EXCHANGES are represented as FLOWS of money, goods and services, etc. between economic agents. The flows of money and goods exchanged in a closed circuit correspond in value, but run in the opposite direction |
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| 2058. |
A 5% fall in the price of a good raises its demand from 300 units to 318 units. calculate price elasticity of demand. |
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Answer» PED = % CHANGE in DEMAND / % change in price This is a formal So FIRST of FALL |
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| 2059. |
Project file on cardinal and ordinal approaches |
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Answer» CARDINAL files are very comfortable and retainable ordinal APPROACHES are not comfortable so IAM not SURE |
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| 2060. |
Similarities between traditional and modern farming |
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Answer» HI - - - - - Here is your answers. Similarities between MODERN and traditional farming are BASED on the same principal of working. |
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| 2061. |
Write anyone disadvantage sector of workers in unorganised sector over workers of organised sector? |
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| 2062. |
Ls the concept of mixed economy good for india |
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Answer» Yes the concept of mixed ECONOMY good for India |
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| 2063. |
How consumption is part of economic activity? |
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Answer» CONTRIBUTES to ECONOMIC GROWTH and DEVELOPMENT. |
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| 2064. |
How is economics helpful an individual in the society? |
| Answer» ECONOMICS is helpful for an INDIVIDUAL in a society as it allow US to study their daily income and how will they can utilise their resources in a CORRECT WAY for proper development | |
| 2065. |
With which country india made maximum foreign trade |
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Answer» INDIA has the maximum TRADE with US and china Please MARK as brainliest |
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| 2066. |
What is RTEnglish? Mention any two provisions of the act? |
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Answer» HEY mate, here's the answer you were looking for.......... |
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| 2067. |
Which state of india has the highest cotton yield per hectare? |
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Answer» Tamil nadu is the state of INDIA has the highest cotton yield PER HECTARE. |
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| 2068. |
Which country face the foundational challenge of democracy? |
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Answer» These country FACE the FOUNDATIONAL challenge of making the transition to democracy and than instituting DEMOCRATIC government. This involves bringing down the existing NON democratic regime KEEPING military away from controlling the government and establishing to help sovereign and functional state |
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| 2069. |
Which country has largest source of foreign imvestment im india? |
| Answer» MAURITIUS has the largest SOURCE of FOREIGN investment in INDIA | |
| 2070. |
When two demand curves intersect, the elasticity of demand of the flatterdemand curve will be more than the steeper demand curve. defend or refute. give reason for your answer? |
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Answer» I think I will defute this STATEMENT.. |
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| 2071. |
Which region is called the breadbasket of the world? |
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Answer» The breadbasket of a COUNTRY is a region which, because of richness of SOIL and/or advantageous climate, produces large quantities of wheat or other grain. Rice bowl is a similar TERM used to refer to Southeast Asia, and California's Salinas Valley is often referred to as the WORLD's salad bowl. |
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| 2072. |
What points are to be considered while estimating gross domestic product? |
| Answer» VALUE of FINAL GOODS and SERVICES | |
| 2073. |
Define health and its important |
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Answer» Health is a state of COMPLETE physical, mental and SOCIAL well-being and not merely the absence of DISEASE or infirmity. |
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| 2074. |
What is unemployment and why its percentage is very high in 3 sector of india? |
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Answer» UNEMPLOYMENT is the most important drawback of India today it stand among the top 10 countries as there are less resources as compared to the population. Birth rate PLAYS a very important role here. Industries are less than the people opting for job the competition is getting high DAY after day this the reason for which unemployment in India is increasing day by day. |
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| 2075. |
Imporatnce and features of plastic money? |
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Answer» Security: The most important reason behind the launch of PLASTIC currency note is that it is to prevent COUNTERFEITING i.e. fake currency. Paper notes are easier to imitate and when in wrong hands leads to negative impact on economy. In ADDITION to this, fake paper notes are majorly printed and are in USE for funding terrorism, which has since ages affecting India’s internal security. So basically it would HELP India’s economy in the long run. |
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| 2076. |
What is the total %contributed by the primary sector to the gdp? |
| Answer» HOPE this is HELPFUL for you | |
| 2077. |
What are the two reasons that rainwater harvesting is important in india. name two states which starts rainwater harvesting? |
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Answer» 1. In ancient INDIA, along with the sophisticated hydraulic structure, there existed an extraordinary tradition of WATER - harvesting system. |
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| 2078. |
What are the its merits and demerits of direct and indirect democracy? |
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Answer» Direct election and indirect elections are the two MAIN forms of the goverment. In direct democracy we can vote on various problems directly and we have all power. The disadvantage is that those people ALSO votes who are uninformed and THUS may lead to a MASS corruption. Sometimes these people who are elected may not be interested. Thank you hope you liked the ANSWER and found it useful. |
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| 2079. |
Scarcity is the root causes of the problem of choice which every economy has to face.'Discuss |
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Answer» Scarcity is the root CAUSES of the problem of choice which every economy has to face. In order to understand this STATEMENT, ONE must understand the meaning of these terminologies. The economy depends on the resources consumption, production and TRANSFERRING of wealth. There are elements on which the country's growth depends. Like Consumption, investment, government expenditure, and net EXPORTS. Scarcity is the limited availability of resources and the unlimited demand. Therefore choices have to be made. So every economy has to face such problems, due to opportunity cost, i.e. the next best alternative forgone. |
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| 2080. |
The process by which the money authority controls the supply of money |
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Answer» Money creation is the PROCESS by which the money SUPPLY of a country, or of an economic or monetary region, is increased. In most modern economies, most of the money supplyis in the form of bank deposits. Central BANKS monitor the amount of money in the economy by measuring the so-called monetary AGGREGATES |
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| 2081. |
The increase in demand for energy is affecting our environment adversely.list two such effects. |
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Answer» The increase in demand refers to the willingness and ability of consumers to purchase a good or service. When the demand for energy is supposedly rising, the affects RESULT in a negative impact at times. Energy supply, are the resources of a country. They are limited. And due to the nature of scarcity of resources, they have to be utilized efficiently or they will exhaust more quickly. 1- HIGH energy demand, leads to high carbon footprint For example: Overusing the electrical energy can cause a bump in the amount of green houses gases, which enter the atmosphere, due to over usage. Like LEAVING on your charger even after the phone has been charged. This is like using up the resources by wasting them. 2- It leads to unfavorable climatic conditions For example: By LOOKING at the use of coal energy, during combustion, other gases also release into the air, like METHANE. These gases concentrate the air and cause global warming. |
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| 2082. |
What are potential and developed resources 0? |
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Answer» Potential resources: |
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| 2083. |
The best example of a capital intensive industry in india is |
| Answer» STEEL INDUSTRY is the BEST example of capital intesive in India | |
| 2084. |
I have been thinking of starting a startup. I am looking to have an in-house start up. Can someone help me with ideas like Tiffin service and all. something easy to start. |
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Answer» Yes u can do that that's a good idea....u ASKED for tiffin STARTUP ...do pack food n DELIVER to people as PER REQUIREMENT..... |
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| 2085. |
Consumer surplus is the area in graph–(A) below the demand curve and above price line(B) above the supply curve and below price line(C) above the demand curve and below the price line(D) below the demand curve and above the supply curve |
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Answer» The CORRECT answer is 'A' (A) below the demand curve and above price line Consumer surplus is the area in graph below the demand curve and above price line. Consumer surplus is REFEREED to when the consumers pay a price less than the price they were PREPARED to pay. It can also be called the economic MEASURE of consumer benefit. A consumer surplus occurs when the consumer is WILLING to pay more for a given product than the current market price. |
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| 2086. |
The flow of fund is said to have taken place when–(A) cash is paid to creditors (B) cash is received from debtors(C) machinery is purchased for cash (D) All of the above |
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Answer» answer - option (d) - all of the above Reason : as per accounting standard 3 (revised) flow of fund is said to be taken place when cash is paid to CREDITORS where cash flows out of the company 2)cash is received from debtors is where fund flows to the company 3)machinery PURCHASED of cash is cash flow of fund goes out of company .. this reason shows that The flow of fund is said to have taken place when all of the above transactions .. HOPE its useful..!! |
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| 2087. |
Interim dividend is shown–(A) in P and L A/c (B) in P and L appropriation A/c(C) on the asset side of balance sheet (D) on the liability side of the balance sheet |
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Answer» An interim dividend is a distribution to shareholders that has been both declared and paid before a company has determined its full-year earnings. *Such dividends are FREQUENTLY DISTRIBUTED to the holders of a company's common stock on either a quarterly or semi-ANNUAL basis. *Interim dividends are dividend payments made before a company's Annual General Meeting (AGM) and final financial statements. This declared dividend usually accompanies the company's interim financial statements. as interim dividend given before FINALISATION of final statements therefore it cannot be disclosed in profit and loss account or in balance SHEET *such interim dividend is disclosed in profit and loss appropriation account therefore correct answer is option (b) Hope its useful..!! |
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| 2088. |
Bill discounted with a bank is–(A) contingent liability (B) current liability(C) current assets (D) None of the above |
| Answer» CURRENT ASSETS. ....... | |
| 2089. |
All the following are examples of fixed costs except–(A) insurance fee (B) rent payments(C) director's fees (D) license' fees on a product sold |
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Answer» LICENCE FEES on a PRODUCT SOLD |
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| 2090. |
Which of the following is an equation?(A) Assets = Capital(B) Assets = Liabilities – Capital(C) Assets = Liabilities + Capital (D) None of the above |
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| 2091. |
The most appropriate measure of a country's economic growth is its–(A) gross domestic product (B) net domestic product(C) net national product (D) per capita real income |
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| 2092. |
For which of the following purpose, share premium can be used?(A) In writing off the discount on debentures of the company(B) In writing off the preliminary expenses of the company(C) Issuing bonus shares (D) all of the above |
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Answer» It's OPTION (D) all of the above. |
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| 2093. |
The main advantage of functional organisation is–(A) specialisation (B) simplicity (C) expert advice (D) experience |
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Answer» I don't know if the answer is CORRECT or not but it could be (c) expert ADVICE |
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| 2094. |
The crucial determinant of the size of the market is–(A) monetary expansion (B) opportunity for investors(C) productivity (D) savings |
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| 2095. |
What is the meaning of the following line. we convert Earth into bricks. what does the earth here means.class 10 economics pg 20. |
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Answer» SINCE bricks are made using soil which are OBTAINED from earth .that's why it is said that CONVERT earth into bricks pls. MARK BRAINLIEST |
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| 2096. |
The total sum of the goods and services produced within a country in a year minus depreciation is called the–(A) gross national product (B) net national product(C) gross domestic product (D) net domestic product |
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| 2097. |
Monopolist can determine–(A) price (B) output (C) either price or output (D) None of these |
| Answer» NONE of these because it USES QUANTITY to DETERMINE | |
| 2098. |
The burden of tax falls more heavily on the seller in a market when–(A) both supply and demand are elastic (B) both supply and demand are inelastic(C) demand is inelastic and supply is elastic (D) demand is elastic and supply is inelastic |
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Answer» I think that WOULD be. (D) demand is ELASTIC and SUPPLY is inelastic |
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| 2099. |
According to Income Tax Act which of the following are agricultural incomes–(A) income from live stock breeding (B) income from poultry farming(C) income from cattle breeding (D) rent received from agricultural land |
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Answer» Hey there! |
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| 2100. |
How was the meeting of estates general called by Louis XVI attended by the three estates |
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Answer» It was not so effective as the third STATES general ASKED for ONE MAN one vote that king louisXVI DISCARDED and hence the third estates members got disappointed . |
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