Description : Which of the following denotes an underdeveloped economy? a. High level of inequalities b. Low level of capital productivity c. A relatively closed economy d. All the above
Last Answer : d. All the above
Description : "Globalisation of Indian Economy" denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution
Last Answer : (2) having minimum intervention in economic relations with other countries Explanation: Globalization means integrating the economy of a country with the economies of other countries or world economy ... of a plethora of export incentives opting for exchange rate adjustments for promoting exports.
Description : “Globalisation of Indian Economy” denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution
Last Answer : having minimum intervention in economic relations with other countries
Description : The phase of gradual fall in income, output and employment is a. Boom b. Recession c. Depression d. Recovery
Last Answer : b. Recession Boom, recession, depression and recovery are the phases of a business cycle. In this phase, business activity is in low gear.
Description : What does the letter `e' denotes in the term `e - banking'? (1) Essential Banking (2) Economic Banking (3) Electronic Banking (4) Expansion Banking
Last Answer : (3) Electronic Banking Explanation: 'e-banking' stands for electronic banking which involves the use of computers to carry out banking transactions such as withdrawals through cash dispensers or transfer of funds at point of sale. It is also known as online or interne banking.
Description : Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced
Last Answer : (2) demand exceeds supply Explanation: Seller's market is a market which has more buyers than sellers. High prices result from this excess of demand over supply. The opposite of the seller's market is the buyer's market, where supply greatly exceeds demand.
Description : What does the letter ‘e’ denotes in the term ‘e - banking ’ ? (1) Essential Banking (2) Economic Banking (3) Electronic Banking (4) Expansion Banking
Last Answer : Electronic Banking
Last Answer : demand exceeds supply
Description : The following box denotes? a) Decision b) Input/Output c) Process d) Module
Last Answer : Answer: a Explanation: The answer is decision. Conditions are given in this box and then the result is checked accordingly if the condition is true or false.
Description : If a change in all inputs leads to a proportionate change in output, it is case of - (1) Constant returns to scale (2) Diminishing returns to scale (3) Increasing returns to scale (4) Variable returns to scale
Last Answer : (1) Constant returns to scale Explanation: If output increases by that same proportional change as all inputs change then there are constant returns to scale (CRS). If output increases by less than ... by more than that proportional change in inputs, there are increasing returns to scale (IRS).
Description : It is prudent to determine the size of the output when the industry is operating in the stage of - (1) increasing returns (2) constant returns (3) diminishing returns (4) negative returns
Last Answer : (3) diminishing returns Explanation: In economics, diminishing returns (also called diminishing marginal returns) is the decrease in the marginal (per-unit) output of a production process as the ... other factors of production stay constant. This law plays a central role in production theory.
Description : If a change in all inputs leads to a proportionate change in output, it is case of (1) Constant returns to scale (2) Diminishing returns to scale (3) Increasing returns to scale (4) Variable returns to scale
Last Answer : Constant returns to scale
Description : It is prudent to determine the size of the output when the industry is operating in the stage of (1) increasing returns (2) constant returns (3) diminishing returns (4) negative returns
Last Answer : diminishing returns
Description : Which of the following denotes an underdeveloped economy? A. High level of inequalities B. Low level of capital productivity C. A relatively closed economy D. All the above
Last Answer : D. All the above
Description : Which of the following denotes an underdeveloped economy? A. High level of inequality B. Low level of capital productivity C. A relatively closed economy D. All the above
Description : Deflation is a situation in which - (1) The value of money is falling. (2) The price of goods is increasing. (3) The value of money is increasing. (4) The price level is stagnant.
Last Answer : (3) The value of money is increasing. Explanation: Deflation is a situation where the prices of goods and commodities in a country go down. i.e., there is negative inflation. This is caused ... conversely, deflation increases the real value of money - the currency of a national or regional economy.
Description : Deflation is a situation in which (1) The value of money is falling. (2) The price of goods is increasing. (3) The value of money is increasing. (4) The price level is stagnant.
Last Answer : The value of money is increasing.
Description : The picture shown here is a check dam. Which of the following benefit it does not provide. A. Increasing ground water level. B. Controlling the floods. C. Reducing soil erosion. D. Fishing activity.
Last Answer : D. Fishing activity.
Description : Short term contractions and expansions in economic activity are called (1) Expansions (2) Recession (3) Deficits (4) The business cycle
Last Answer : (4) The business cycle Explanation: The business cycle is the fluctuation in economic activity that an economy experiences over a period of time. It is basically defined in terms of periods ... incomes. During recessions, the economy contracts, as measured by decreases in the above indicators.
Description : Short term contractions and expansions in economic activity are called _____ (1) Expansions (2) Recession (3) Deficits (4) The business cycle
Last Answer : The business cycle
Description : Stagflation is a situation of - (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery
Last Answer : (3) stagnation and inflation Explanation: Stagflation is a situation of stagnation in which the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. Stagflation occurs ... t growing but prices are, which is not a good situation for a country to be in
Description : 8. Immediately after a trough, we would expect to have a/an a. peak b. recession c. recovery
Last Answer : c. recovery
Description : Stagflation is a situation of (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery
Last Answer : stagnation and inflation
Description : Biological response modifiers like GM-CSF are used in conjunction with anticancer drugs for the following purpose(s): A. To enhance antitumour activity of the drug B. To prevent hypersensitivity reactions to ... . To hasten recovery from drug induced myelosuppression D. Both A' and C' are correct
Last Answer : C. To hasten recovery from drug induced myelosuppressio
Description : An indifference curve measures the same level of - (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings
Last Answer : (2) Satisfaction from two commodities Explanation: An indifference curve is a locus of combinations of goods which derive the same level of satisfaction. so that the consumer is indifferent ... of various points showing different combinations of two goods providing equal utility to the consumer
Description : The situation in which total Revenues equals total cost, is known as : (1) Monopolistic competition (2) Equilibrium level of output. (3) Break even point (4) Perfect competition
Last Answer : (3) Break even point Explanation: In economics and cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even."
Description : The situation in which total revenue is equal to total cost, is known as - (1) monopolistic competition (2) equilibrium level of output (3) break-even point (4) perfect competition
Last Answer : (3) break-even point Explanation: In economics and cost accounting, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or ... made, although opportunity costs have been "paid", and capital has received the riskadjusted, expected return.
Description : Marginal cost is the - (1) cost of producing a unit of output (2) cost of producing an extra unit of output (3) cost of producing the total output (4) cost of producing a given level of output
Last Answer : (2) cost of producing an extra unit of output Explanation: Marginal cost is the change in total cost that arises when the quantity produced changes by one unit. That is, it is the cost ... , marginal cost at each level of production includes any additional costs required to produce the next unit.
Description : Depression is characterized by a. unprecedented level of underemployment b. Drastic fall in income c. Drastic fall in output and employment d. All the above
Last Answer : d. All the above Depression is one of the business cycles. Boom, recession, depression and recovery are the phases of a business cycle.
Description : Consider the following statements and identify the right ones. i. Higher level of capital-output ratio indicates efficient use of capital. ii. It reflects the productivity of capital in the economy a. I only b. ii only c. both d. none
Last Answer : d. none View Answer /
Description : The idea that government's fiscal policy can be used to stabilize the level of output and employment can be attributed to which of the following economists: a) Frederich Hayek b) Ludwig von Mises c) Frederic Bastiat d) John Maynard Keynes
Last Answer : d) John Maynard Keynes John Maynard Keynes's 1936 book, 'The General Theory of Employment, Interest, and Money' laid the foundations for Macroeconomics
Description : Which of the following statement is inconsistent with Say's Law (a) The economy has flexible wages and prices. (b) The economy's level of investment solely depends on the level of income. © The ... produce at full employment level of output. (d) The economy has an environment of laissez faire .
Last Answer : (b) The economy’s level of investment solely depends on the level of income.
Description : An indifference curve measures the same level of (1) Output from two factors (2) Satisfaction from two commodities (3) Satisfaction from Income and Capital (4) Satisfaction from expenditure and savings
Last Answer : Satisfaction from two commodities
Description : Marginal cost is the (1) cost of producing a unit of output (2) cost of producing an extra unit of output (3) cost of producing the total output (4) cost of producing a given level of output
Last Answer : cost of producing an extra unit of output
Description : The situation in which total revenue is equal to total cost, is known as (1) monopolistic competition (2) equilibrium level of output (3) break-even point (4) perfect competition
Last Answer : break-even point
Description : Higher viscosity index of a lubricating oil denotes (A) Less changes in fluidity of oil with temperature (B) Substantially high change in fluidity of oil with temperature (C) Its unsuitability under varying temperature conditions (D) None of these
Last Answer : (A) Less changes in fluidity of oil with temperature
Description : Which of the following terms is given to hypertension in which the blood pressure, which is controlled with therapy, becomes uncontrolled (abnormally high) with the discontinuation of therapy? ... Secondary hypertension denotes high blood pressure from an identified cause, such as renal disease.
Last Answer : a) Rebound Rebound hypertension may precipitate a hypertensive crisis.
Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is ? 1. recovery 2. prosperity 3. depression 4. recession 5. growth
Last Answer : depression
Description : The period in the business cycle in which there is extremely high unemployment, low wages, minimum total disposable income, and a lack of confidence in the economy by consumers is: A)recovery B)prosperity C)depression D)recession E)growth
Last Answer : C)depression
Description : I know that suffixes "ez" and "es" denotes "son of" in the Spanish language; but, why the different endings? For instance, you may see the surname Gonzales or Gonzalez?
Last Answer : It has to do with the government taking a census. this practice started in B.C. (or b.c.e. for the heathens) and names were subject to the census takers who knew how to write, but not always ... . Some of these were like Johnson/Johnston, Gib/Gibb/Gibbs, White/Waite/Wit/Witt, and hundreds of others.
Description : If S denotes the area of the curved surface of a right circular cone of height h end semi-vertical angle a, then S equals -Maths 9th
Last Answer : answer:
Description : What denotes the smallest temperature? -General Knowledge
Last Answer : The answer is '1° on the Kelvin scale'
Description : Let L denotes the value of a satisfying the equation `log_(sqrt(3))(a) =(10)/(3)` and M denotes the value of b satisfying the equation `4^(log_(9)^(3)
Last Answer : Let L denotes the value of a satisfying the equation `log_(sqrt(3))(a) =(10)/(3)` and M denotes the value of b ... ) = 10 ^(log_(b)^(83)).` Find (L+M)
Description : Solve for `x` (where `[*]` denotes greatest integer function and `{*}` represent fractional part function) `(i) [2x]=1` `(ii) {x}^(2)+[x]=2` `(iii) 6{
Last Answer : Solve for `x` (where `[*]` denotes greatest integer function and `{*}` represent fractional part function) `(i) [2x]=1 ... 0` `(iv) 6{x}^(2)-5{x}-1=0`
Description : Solve the following inequalities (where `[*]` denotes greatest integer function and `{*}` represent fractional part function) `(i) [x+[x]] lt 0` `(ii)
Last Answer : Solve the following inequalities (where `[*]` denotes greatest integer function and `{*}` represent fractional part ... `(iii) {x} lt (1)/(2)`
Description : Solve the following equations (where `[*]` denotes greatest integer function and `{*}` represent fractional part function and sgn represents signum fu
Last Answer : Solve the following equations (where `[*]` denotes greatest integer function and `{*}` represent fractional part function ... 2[x]=3x`, `0 le x le 2`
Description : What denotes the smallest temperature?
Last Answer : – 1° on the Kelvin scale
Description : Degeneracy of the genetic code denotes the existence of (A) Base triplets that do not code for any amino acids (B) Codons consisting of only two bases (C) Codons that include one or more of the unusual bases (D) Multiple codons for a single amino acid
Last Answer : Answer : B