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.
| 3201. |
Total fixed cost includes cost of.A- plant and machinery b- plant and machinery and depreciation cost of plant c- routines maintenance of plant d- plant and machinery and routine maintenance of |
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| 3202. |
What was the four factors of production describe all four |
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Answer» Answer: 1.land 2.labour 3.capital 4.human INTELLIGENCE |
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| 3203. |
What is green revolution Which crop is benefited more in this revolution |
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Answer» Explanation: a large increase in CROP production in DEVELOPING country ACHIEVES use of artificial FERTILIZERS and HIGH yield crop varieties |
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| 3204. |
Find out more about the taxes that are collected at present |
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Answer» taxes are COLLECTED at the END of the financial year. this is according to my KNOWLEDGE about taxes |
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| 3205. |
Evolution of the political economy of the independent india |
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Answer»
The development of India's economy was based on socialist-inspired policies after independence. It included state-ownership of various sectors, regulation and red tape which was known as 'Licence Raj' and protection from the world markets. The Political Economy of India has rapidly changed with the liberalization of the economy in the 1990s. It has now moved towards a market-based system and is the world's second fastest growing major economy after China. India recorded the HIGHEST GDP growth rate of 9% in 2007. The growth rate has reached 7.5% in the late 2000s. The country is the world's twelth-largest economy by (PPP) purchasing power parity adjusted exchange rates. It is ranked 118th by PPP and 128th on per capital basis in the world. The most important priorities for India according to the World Bank are public sector reform, agricultural, removal of labor regulations, infrastructure, rural development and reforms in backward states. The liberalization of India's economy was initiated by Prime Minister Rajiv Gandhi in the 1980's. In 1991, the International Monetary Fund (IMF) BAILED out India through a $1.8 billion loan when it faced a crisis on defaulting on its loans. During this time, Prime Minister P. V. NARASIMHA Rao and his finance minister Manmohan Singh initiated new reforms. The new reforms led to easier international trade and investment, privatization, deregulation, inflation-controlling measures and tax reforms. Liberalization has been the same irrespective of which party headed the government. But no party has yet thought of reforming labor laws and reducing agricultural subsidies which may anger powerful lobbies like trade unions and farmers. Pre liberalization From independence, economic policies included import substitution, protectionism, industrialization, business regulation, intervention of the state in labor and financial markets. There were Five-Year Plans similar to the central planning in the Soviet Union. In the mid-1950s, industries such as telecommunications, machine tools, steel, insurance, electrical plants were nationalized. Between 1947 and 1990, licenses, regulations which were accompanied with red tapism were required for setting up businesses. This was referred to as the Licence Raj. The impact of these was that from 1950s to 1980s the economy of India stagnated around 3.5% and there was low annual growth rate. Industries like communications, steel and power were given only four or five licences. Therefore license owners made a huge business. There was a large public sector and losses were incurred by state-owned enterprises. Because of public sector monopoly there was poor infrastructure investment. With the License Raj system, there was wide spread corruption. Rajiv Gandhi government (1984-1989) Prime Minister Rajiv Gandhi initiated lighter reforms by reducing the License Raj and promoting the growth of software and telecommunications industries. Narasimha Rao government (1991-1996) With the assassination of Prime Minister Indira Gandhi in 1984 and her son Rajiv Gandhi in 1991, confidence for international investment in the economy was crushed. Since 1985, there was a balance of payments problem and by late 1990s the country faced a serious economic crisis. The Narasimha Rao government started the liberalization process by abolishing the Licence Raj system which ended various MONOPOLIES, reforming capital markets, inviting foreign investment, reforming the trade regime and capital markets. Its goal was to REDUCE the fiscal deficit, privatize the public sector, and increase infrastructure investment. To open up foreign trade, there were trade reforms and foreign direct investment regulation. There was reduction in industrial licensing and only 18 industries needed licensing. There was rationalized of industrial regulation. The Controller of Capital Issues was abolished in 1992 which regulated the number and prices of shares a company can issue. The Security Laws (Amendment) and SEBI Act of 1992 were introduced. The National Stock Exchange was started as a computer-based trading system from 1994 and by 1996 it became the largest exchange in the country. Tariffs were reduced, the rupee was made convertible, foreign direct investment was encouraged in priority sectors, India's equity markets were opened up in 1992 for foreign institutional investors. Inefficient loss-inducing government corporations were also privatized. The political economy of India also included other later reforms such as forming Special Economic Zones, initiating the Golden Quadrilateral project for constructing a network of highways, enacting the Right to Information Act (2005), Right to Education Bill (2008) and Indo-US civilian nuclear agreement (2008). The impact of all these reforms is reflected in the amount of foreign investment which grew to $5.3 billion in 1995-96 from $132 million in 1991-92.
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| 3206. |
Conswer awareness overview |
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Answer» Answer: Consumer AWARENESS is an act of making SURE the buyer or consumer is aware of the information about products, goods, SERVICES, and consumers rights. Consumer awareness is IMPORTANT so that buyer can take the right decision and make the right choice. |
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| 3207. |
Explain Two positive and two negative effect of green revolution |
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Answer» advantages
disadvantages
plzz MARK as BRAINALIST |
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| 3208. |
Equilibrium income in macroeconomics and its effect |
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| 3209. |
Explain the meaning of both market and centrally planned economy |
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Answer» •A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the FORCES of supply and demand. •A centrally planned economy is an economic system in which the STATE or government makes economic decisions RATHER than the these being made by the interaction between consumers and BUSINESSES. ... State-owned enterprises undertake the production of goods and services. |
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| 3210. |
Packing features and merits. Not packaging. |
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Answer» ✴Answer:✴-⤵⤵⤵⤵⤵⤵⤵⤵ _____________ ✴Importance of Packagingare:-✴ ↪thishelpstomakethehigh standardlevel of HEALTH and sanitation. ↪Helps in ownservice as CONSUMER can EASILY DECIDE on his own what to buy. ↪providenewtypesofopportunity likepackaging availability have made it easier. ↪helpsintoknowaboutProduct Differentiation. ↪ex-Packaging is playan important roleto createproduct differentiation. Read more on Brainly.in - brainly.in/question/9554970#readmore |
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| 3211. |
Most of the farmland in Palampur is in hand of big farmers. State two reasons. |
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Answer» Answer: Most of the land of small farmers are in the hands of big farmers because small farmer take debt from big farmers and at last they are not ABLE to repay the amount so they fall into debt TRAP and so small farmers have to work on big farmers land. They are never able repay the debt because the interest is FIXED too HIGH and at last the most FARMLANDS are in the hand of big farmers. Please mark it as brainliest |
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| 3212. |
Money act as medium of exchange, does the liquid money needed for all transaction?if yes /no justify ur answer through own points in details. |
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Answer» Answer: Explanation: Money is any good that is widely accepted in exchange of goods and services, as well as payment of debts. Most people will confuse the definition of money with other things, like income, wealth, and credit. Three functions of money are: 1. Medium of exchange: Money can be used for buying and selling goods and services. If there were no money, goods would have to be exchanged through the process of barter (goods would be traded for other goods in transactions ARRANGED on the basis of mutual need). For example: If I raise CHICKENS and want to buy cows, I would have to find a person who is willing to sell his cows for my chickens. Such ARRANGEMENTS are often difficult. But Money eliminates the need of the double coincidence of wants. 2. Unit of account: Money is the common STANDARD for measuring relative worth of goods and service. 3. Store of value: Money is the most liquid asset (LIQUIDITY measures how easily assets can be spent to buy goods and services). Money’s value can be retained over time. It is a convenient way to store wealth. |
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| 3213. |
Describe various non farm activities |
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Answer» Answer: Explanation: Non-farming ACTIVITIES can include various ventures like HANDICRAFTS, household as well as non-household small-scale manufacturing, construction, MINING, quarrying, repair, transport, community service etc, but of COURSE in the designated rural AREAS. |
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| 3214. |
Difference between positive and normative perspective in economic |
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Answer» Answer: Explanation: Positive economics is objective and FACT based, while normative economics is subjective and value based. Positive economic statements do not have to be correct, but they must be ABLE to be tested and PROVED or DISPROVED. Normative economic statements are opinion based, so they cannot be proved or disproved. |
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| 3215. |
20 non farm activities list with description |
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Answer» .........................XD |
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| 3216. |
Discuss the concept of food security |
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Answer» Explanation: Food SECURITY is defined as the availability of food and once access to it a HOUSEHOLD is considered for secure when its occupants do not live in hunger of fear of STARVATION. Household food security exist when all members at all times have access to enough food for an active healthy life . This is known as food security. |
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| 3217. |
Different proson have different conflicting nation of country development justify in reference to gangster and yamuna express way |
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| 3218. |
Difference between market supply and individual supply |
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Answer» However, it is important to distinguish between two different types of supply: individual and market supply. ... Meanwhile, market supply DESCRIBES the quantity of a specific good or service that all sellers in a market COMBINED are willing to sell (i.e. the SUM of all individual supplies for a PARTICULAR good or service). |
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| 3219. |
Make a project on consumer awareness class 10 |
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Answer» Answer: Project on the Consumer Awareness Acknowledgement: I'm very greatful to the teacher for the support and providing necessary information regarding the project. I'm also thankful to my family and friends in helping me a lot to COMPLETE this project. Index: (1). Consumer (2). Rights of the consumer (3). RESPONSIBILITY of the consumer (4). Protection of the consumer (5). Awareness of the consumer Consumer: The person who trades hosted money for the goods he REQUIRES. The person who can easily be persuaded to BUY something using the marketing strategy. It's totally upto the consumer to buy or not to buy the things. Rights of the consumer: These are following rights of the consumer: Right to choose the goods Right to be heard the feedback or complaint Right to the safety Right to the information about the products Responsibility of the consumer: It's responsibility of the consumer to be AWARE that the consumer protection act has their right. They are responsible to buy goods or not. Their responsibility is to check the expiry date of the product before purchasing. Protection of the consumer: The Consumer Protection Act was introduced in the Loksabha in 1986 in order to provide protection to the consumer. Awareness of the consumer Consumer are making aware of their rights. Consumer are making aware of the information about the product. |
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| 3220. |
Describe the importance of international capital structure. |
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Answer» hi Capital STRUCTURE importance A company's capital structure is arguably one of its most important choices. From a technical PERSPECTIVE, the capital structure is defined as the careful BALANCE between equity and debt that a business uses to finance its assets, day-to-day operations, and future growth. hope it helps you MARK this answer as braniliest |
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| 3221. |
Describe the complexity of optimization in economics |
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Answer» Optimization problems. An optimization problem can be represented in the following way: Given: a function from some SET to the real NUMBERS. ... Typically, is some subset of the Euclidean SPACE , often specified by a set of constraints, equalities or inequalities that the members of have to SATISFY. |
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| 3222. |
Which aspect of the French system would upset the third estate and why |
Answer»
PLEASE MARK AS BRAINLIEST !!! |
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| 3223. |
WHAT IS NON ECONOMIC ACTIVITY???DETAIL EXPLANATIONDON'T SPAM ..... |
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Answer» Answer: NON economic activity are those activity which the motive is social welfare not earning profit or measure in MONETARY term. example are..... aanya donate Rs 50000 in CHARITY. or a teacher TEACH own child WITHOUT taking money |
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| 3224. |
What development has take place in tertiary sector of india |
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Answer» Answer: The thesis examines the DEVELOPMENT of the tertiary sector in the BRIC (BRAZIL, RUSSIA, India and CHINA) countries in comparison to developed countries. Three factors are ATTRIBUTED to the growth of the tertiary sector: globalization, technological development and deregulation as part of the government policies. |
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| 3225. |
Central or state minimum wages which is more important |
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Answer» The MINIMUM Wages Act 1948 is an Act of Parliament CONCERNING Indian labour .... Under the Minimum Wages Act, STATE and Central Governments have the power to FIX |
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| 3226. |
Cabinet committee on economic affairs is headed by |
Answer» Cabinet COMMITTEE on economic affairs is headed by the PRIME MINISTER. |
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| 3227. |
What is the meaning of afford |
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Answer» Answer: afford:- which means a PERSON can ABLE to buy is called a he is able to afford |
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| 3228. |
Longest railway india.....? |
Answer» HEYA MateAnswer:LONGEST Railway STATION is Gorakhpur, Uttar Pradesh.Hope it helps |
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| 3229. |
Want to know every thing about sustinable development for project |
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Answer» SUSTAINABLE development is the development that meets the NEED of the present without comparing on the ability of the FUTURE generations to MEET their own needs . |
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| 3230. |
Biggest component of foreign currency reserve in india |
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Answer» Hey MATE ✌ Your answer is here...
INDIA has large foreign-exchange reserves; holdings of cash, bank deposits, bonds, and other FINANCIAL assets denominated in currencies other than India's national CURRENCY, the Indian rupee. Hope it HELPS you Mark me as a brainliest answer |
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| 3231. |
What are the important millets? Write the favorable conditions required to grow them |
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Answer» Answer: Each millet has an IMPORTANCE of its own. While some millets, such as finger millet, are FULL of calcium, some LIKE jowar have POTASSIUM and PHOSPHORUS, and foxtail is fibrous while qodo is rich in iron. Therefore, it is advisable to keep rotating the kind of millets we are eating. |
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| 3232. |
केरल में शिशु मृत्यु दर कम क्यों? |
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| 3233. |
‘पैसे से आप अपने अच्छे जीवन निर्वाह की सभी वस्तुओं एवंसेवाओं को नहीं खरीद सकते'' क्या यह कथन सत्य है? तर्क दीजिए। |
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Answer» Answer: yes it is right. Hmlog Paise SE sari chise khrid skte h but hr KISI ka pyr NI khrid skte. Explanation: Hm kitna v chise khrid le but agr hmse sblog nafarat kre to hmlog KE pas wo sari chise rhkr v hme wo sukh ni degi jo hmare parents ka pyr deta h. isliye paise se sbkuch ni khrida ja skta. |
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| 3234. |
Project of economics of class 11 on employment and unemployment in India. |
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Answer» Answer: USES. One can find its uses in hair dyeing, dyeing of suturing materials and for oxygen ABSORPTION in gas analysis. It also has antiseptic properties. Pyrogallol was also used as a developing agent in black-and-white DEVELOPERS, but its use is LARGELY historical EXCEPT for special purpose applications. Chemical bproject |
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| 3235. |
What are the differences betweenFree Goods andEconomic Goods? |
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Answer» Free GOOD. ITEM of consumption (such as air) that is useful to people, is naturally in abundant supply, and needs no CONSCIOUS effort to obtain it. In contrast, an economic good is scarce in relation to its demand and human effort is REQUIRED to obtain it.fir example the oxygen we are breathing is a free good but a patient requires a cylinder of oxygen, it is an economic good. |
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| 3236. |
What is bmi and how it is calculated |
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Answer» The FULL form of bmi is BODY MASS index HI mate here is your answer I think it will help you |
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| 3237. |
Production possibility frontier weaknesses |
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Answer» Individuals are limited in what they can buy because the resources available to them are limited. The societies and countries too are limited in what they can produce with the given amount of resources. PRODUCTION possibilities curve is a graphical representation of a combination of two goods that a country can produce with a given amount of resources. PPF The above figure shows different levels of tons of wheat and tons of STEEL that a particular country can produce. If the country chooses to produce 100 tonnes of steel, it has to give up the production of wheat altogether. Similarly if the county chooses to produce 100 tones of wheat, it has to give up production of steel altogether. A country can choose to produce any combination of the two goods along the production possibilities frontier (A,B,C and D). However, this LEVEL of output is possible only if the county employs all of its resources. In real world, this usually does not happen. Any level of output that is inside the PPF (E and G) shows that the economy is not at its full capacity, which means there are unemployed resources. The points outside the PPF (F) is not possible to achieve with the country’s current capacity. Click here to read a detailed tutorial about Production Possibility Curves |
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| 3238. |
Write features of indian economy as a developing economy |
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Answer» Features of Indian Economy. Indian economy is TERMED as the developing economy of the WORLD. Some features like LOW per capita income, higher population below poverty LINE, poor infrastructure, agriculture based economy and LOWER rate of capital formation, tagged it as a developing economy in the world. |
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| 3239. |
What is O.C ?explain with example |
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Answer» Answer: “OC” STANDS for “original CHARACTER”. It's simply a character that someone CREATED (usually the person posting it). For example, if I were to CREATE a character with specific MAGICAL abilities, a name, a personality, and a couple other traits, it's my “original character”. |
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| 3240. |
Write a brief note on the economic depression in europe in 1930 |
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Answer» Answer: Hey mate answer of your question is given Below by me.Explanation: ALTHOUGH there were national variations, no part of Europe was LEFT untouched by the Great DEPRESSION. In the worst affected countries – Poland, Germany and Austria – one in five of the population was unemployed, and INDUSTRIAL output fell by over 40 per cent. Levels of trade between countries also collapsed.I hope it can help you.. |
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| 3241. |
draw a pp curve showing (a) full employment resources (b) under employment of resources (c) growth of resources |
Answer» Answer:In the FIGURE point, A indicates full EMPLOYMENT of resources. It is on P1P1, the initial Production Possibility Curve. Point B indicates underemployment of resources. It is below PPC (P1P1). Point C (on a HIGHER PPC) shows growth of resources. Explanation: so here is your answer I HOPE you like it . follow for more thank you, :-) |
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| 3242. |
1) mention two factors on which quality of population depends?2) what activities does the primary sector include ? |
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Answer» Answer: 1} The four factors on which quality of population depends are: Literacy RATE, healthcare, skill and life expectancy. Literacy rate is the most important factor as it is responsible for the awareness of people and improves quality. Healthcare is BENEFICIAL for the long term as a HEALTHY ensemble will give rise to more productivity. Skill as in the workforce when improves is beneficial to the PRODUCTION of commodities. Life expectancy when improved affects all the three other factors immensely. 2} Activities associated with the primary sector include agriculture (both subsistence and commercial), mining, forestry, farming, grazing, hunting and gathering, fishing, and quarrying. The packaging and processing of the raw MATERIAL associated with this sector is also considered to be part of this sector. |
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| 3243. |
HEY FRIENDZ ... HERE IS A QUESTION FOR YOU !!Q. WHAT DO YOU MEAN BY AUXILLARY TRADE.??? |
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Answer» Transport, banking, INSURANCE, warehouse, and ADVERTISING are regarded auxiliaries to trade that is activities PLAYING a supportive ROLE. |
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| 3244. |
What is ppc concave? |
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Answer» hello dear❤❤❤❤❤❤❤❤ ✌✌hope ANSWER is helpful for you✌ ###go on❤❤ ask more questions☺☺☺☺☺ ##ANSWER##↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡↡ PPC is CONCAVE to the origin because of increasing Marginal opportunity COST. This is because inorder to increase the PRODUCTION of one good by 1 unit more and more units of the other good have to be sacrificed since the resources are limited and are not equally efficient in the production of both the GOODS. |
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| 3245. |
What is meant by economizing of resources |
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Answer» Answer: Economizing of resources means using of resources in best possible way and to their fullest CAPACITY. • The fundamental ISSUE that arises is scarcity of GOODS and SERVICES compared to the demand for them by consumers. |
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| 3246. |
Define central problem |
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Answer» Answer: Explanation: The Economic PROBLEM ,"There are infinite wants but finite RESOURCES", –sometimes called basic or CENTRAL economic problem – asserts that an economy's finite resources are INSUFFICIENT to satisfy all human wants and needs. Hope hELpS you:)! |
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| 3247. |
Which indian economist helped create the united nations human development index? |
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Answer» Answer: mahbubul haq Explanation: it was DEVELOPED by paskistani mahbubul haq with the help from gustav ranis of Yale University and meghnad Desai of londan school of economics and was further USE to measure a COUNTRY's development by United Nations development PROGRAMS(undp)'s HUMAN development report office |
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| 3248. |
Why is tertiary sector is backbone of our industries? |
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Answer» Answer: MANUFACTURING SECTOR is considered as the backbone of economic development of a country because of the following reasons: a. It reduces the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.
b. It BRINGS down regional disparities by establishing industries in tribal and backward areas. c. Export of manufactured goods expands trade and commerce, and brings in much needed foreign exchange. d. Manufacturing industries help in modernising AGRICULTURE, which FORMS the backbone of our economy. Hope it helps.. Please mark it brainliest.. Follow me! |
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| 3249. |
Why long run average cost curve is called learning curve? |
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Answer» Answer: A long RUN AVERAGE cost curve is known as a planning curve. This is because a firm plans to produce an output in the long run by choosing a plant on the long run average cost curve corresponding to the output. It helps the firm decide the SIZE of the plant for producing the desired output at the LEAST possible cost. |
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| 3250. |
What is increasing MOC?? |
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Answer» Moc increases as we shift from production of of one GOOD to another because resources are not equally efficient in the production of the two goods.this increases the marginal OPPORTUNITY cost. |
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