Description : Which is the most important sector provides most jobs to the people? (a) Primary sector (b) Unorganised sector (c) Organised sector (d) Public sector
Last Answer : (b) Unorganised sector
Description : Choose the correct meaning of organised sector: (a) It covers those enterprises where terms of employment are regular. (b) It is outside the control of government. (c) Jobs are not regular (d) It provides less salaries
Last Answer : (a) It covers those enterprises where terms of employment are regular.
Description : Which sector of the economy does the given image illustrate? (a) Private sector (b) Primary sector (c) Tertiary sector (d) Secondary sect
Last Answer : (d) Secondary sector
Description : Which is the most important organized sector? (a) Private sector (b) Primary (c) Tertiary (d) Secondary
Last Answer : (c) Tertiary
Description : Why does primary sector continues to be the largest employer in India? (a) Secondary and Tertiary sector are not able to generate comparatively enough employment opportunities despite increase in their ... exploits natural resources and provides raw material to secondary sector.(d) None of the above
Last Answer : (a) Secondary and Tertiary sector are not able to generate comparatively enough employment opportunities despite increase in their production level.
Description : What type of employment does the given picture illustrate? (a) Government job (b) Organised sector (c) Unorganised sector(d) None of the above
Last Answer : (b) Organised sector
Description : The concept of joint sector implies cooperation between - (1) Public sector and private sector industries (2) State Government and Central Government (3) Domestic and. Foreign Companies (4) None of these
Last Answer : (1) Public sector and private sector industries Explanation: Joint sector industries are owned jointly by the government and private individuals who have contributed to the capital. In joint sector, both ... establish new enterprise. The joint sector is an extension of the concept of mixed economy.
Description : The concept of joint sector implies cooperation between (1) Public sector and private sector industries (2) State Government and Central Government (3) Domestic and Foreign Companies (4) None of these
Last Answer : Public sector and private sector industries
Description : Assertion (A): There are several goods and services that society needs however private sector doesn t produce all of them. Reason (R): Private sector is profit driven. (a) Both A & R are true and R is the correct ... correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.
Last Answer : (a) Both A & R are true and R is the correct explanation of A
Description : 'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector
Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.
Description : "Closed Economy" means : (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports
Last Answer : (4) a country having no imports and exports Explanation: Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no ... The goal is to provide consumers with everything that they need from within the economy's borders.
Description : ‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector
Last Answer : the co-existence of public as well as private sector
Description : “Closed Economy” means: (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports
Last Answer : a country having no imports and exports
Description : Which of the following is a part of tertiary sector? (1) Power and transportation (2) Animal Husbandry (3) Cotton manufacturing (4) Cultivation of crops
Last Answer : (1) Power and transportation Explanation: The service sector, also called the tertiary sector. is one of the three parts of the economy in the Threesector hypothesis. It involves the provision of ... retailing, or may involve the provision of a service, such as in pest control or entertainment.
Description : Production of a commodity mostly through the natural process is an activity of - (1) Primary Sector (2) Secondary Sector (3) Tertiary Sector (4) Technology Sector
Last Answer : (1) Primary Sector Explanation: The primary sector of the economy is the sector of an economy making direct use of natural resources. This includes agriculture, forestry, fishing, mining, and extraction of oil and gas.
Description : The self-employed in a developing country who are engaged in small scale labour intensive work belong to the - (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector
Last Answer : (2) Primary sector Explanation: Such a scenario is seen in the case of primary economic activities such as agriculture in the developing countries like India. Most of the primary activities are labour ... volume of man-power substitutes the lack of technology. Besides, farmers are 'self-employed.'
Description : Assertion (A): The development of agriculture and industry leads to the development of tertiary sector. Reason (R): As the agriculture and industrial sectors develop, the demand for storage, transport, banking, insurance, etc, increases ... A. (c) A is true but R is false. (d) Both A & R are false.
Description : Which of the following is included in tertiary sector? (a) ATM booths (b) Call centres (c) Internet café (d) All of them
Last Answer : (d) All of them
Last Answer : Power and transportation
Description : Production of a commodity mostly through the natural process is an activity of (1) Primary Sector (2) Secondary Sector (3) Tertiary Sector (4) Technology Sector
Last Answer : Primary Sector
Description : The self-employed in a developing country who are engaged in small scale labour intensive work belong to the (1) Informal sector (2) Primary sector (3) Secondary sector (4) Tertiary sector
Last Answer : Primary sector
Description : A mixed economy refers to an economic system where - (1) The economy functions with foreign collaboration (2) Only t he private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed
Last Answer : (3) Both the government and the private sectors operate sectors operate simultaneously Explanation: Mixed economy is an economic system in which both the state and private sector direct the ... and that the government wields indirect influence over the economy through fiscal arid monetary policies.
Description : What are gilt-edged securities? (1) Securities issued by the multinational companies. (2) Securities issued by the Government (3) Securities issued by the private sector (4) Securities issued by the joint venture companies
Last Answer : (2) Securities issued by the Government Explanation: Gilt-edged securities are bonds issued by governments. They are government securities, i.e., instruments issued by the government to borrow money from the market. Gilt-edged securities are a high-grade investment with very low risk.
Description : A mixed economy refers to an economic system where (1) The economy functions with foreign collaboration (2) Only the private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed
Last Answer : Both the government and the private sectors operate sectors operate simultaneously
Description : What are gilt–edged securities? (1) Securities issued by the multinational companies. (2) Securities issued by the Government (3) Securities issued by the private sector (4) Securities issued by the joint venture companies
Last Answer : Securities issued by the Government
Description : In a Laissez-faire economy (1) the customers take all the decisions regarding production of all the commodities (2) the Government does not interfere in the free functioning of demand and ... of various commodities produced (4) the Government controls the allocation of all the factors of production
Last Answer : the Government does not interfere in the free functioning of demand and supply forces in the market
Description : How far is it correct to say that several services which cannot be provided by private sector can be provided by the public sector ? -SST 10th
Last Answer : Society needs many things as a whole which the private sector is not able to provide at a reasonable cost. The reasons are as follows : (i) Some of them need spending large sums of ... care of ignored and backward regions of the country to bring balanced growth, development in the entire country.
Description : 1) Which among the following could be said to be an 'Open Economy'? a) A nation that follows the doctrine of Free-market and Laissez-faire economics b) A nation that trades with other ... services and financial assets c) An economy that operates without government intervention d) None of the above
Last Answer : : b) A nation that trades with other nations in goods and services and financial assets
Description : A kiosk a) is data organised and presented in a manner that has additional value beyond t he value of the data itself b) combines microscopic electronic components on a single integrated circuit that ... and service d) describes a computer's type, processor, and operating system e) None of these
Last Answer : c) is a computer station that provides the public with specific and useful information and service
Description : Departmental undertakings, statutory corporations and government companies comes under the category of a. Public Private Partnership b. Private Sector Enterprises b. Incorporated Enterprises d. Public or State Enterprises
Last Answer : d. Public or State Enterprises
Description : Who has the ownership of the assets in the public sector? -SST 10th
Last Answer : Government has the ownership of the assets in the public sector.
Description : What is the current value of all precious metal that the us government owns and has in storage in the form of bars,etc?
Last Answer : I’d say about this many dollars:==> $11,041,058,821.09
Description : Which one of following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure
Last Answer : (3) Undistributed profits Explanation: For private corporate sector, retained profits adjusted for non operating surplus/deficit is considered as its Net Saving. Retained profits are those ... commitments to depreciation provision for various fixed assets, debts, government and to shareholders.
Description : Personal Income' equals - (1) The household sector's in-come (2) Private income minus savings of the corporate sector minus corporation tax (3) Personal disposable income plus miscellaneous receipts of the Goverment (4) All of the above
Last Answer : (3) Personal disposable income plus miscellaneous receipts of the Goverment Explanation: Disposable income is total personal income minus personal current taxes (or plus receipts of the government). ... category of personal (or, private) consumption expenditure) yields personal (or, private) savings
Description : Forced Savings refer to - (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees
Last Answer : (1) Reduction of consumption consequent to a rise in prices Explanation: Forced saving is an economic situation in which consumers spend less than their disposable income, not because they want to ... free economy, this situation would normally result in increase in prices and inflow of more goods.
Description : Forced Savings refer to (1) Reduction of consumption consequent to a rise in prices (2) Taxes on individual income and wealth (3) Compulsory deposits imposed on income tax payers (4) Provident fund contribution of private sector employees
Last Answer : Reduction of consumption consequent to a rise in prices
Description : Which one of the following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure
Last Answer : Undistributed profits
Description : ‘Personal Income’ equals (1) The household sector’s income (2) Private income minus savings of the corporate sector minus corporation tax (3) Personal disposable income plus miscellaneous receipts of the Goverment (4) All of the above
Last Answer : Personal disposable income plus miscellaneous receipts of the Goverment
Description : Loans raised by the government from the public are known as: a) Corporate borrowings b) Common borrowings c) Market borrowings d) Private borrowings
Last Answer : : c) Market borrowings
Description : In the context of strategic management resources can be defined as: a) The knowledge and skills within the organization b) Something that an organization owns or controls that cannot be copied c) ... , controls or has access to on a semipermanent basis d) The physical assets of the organization
Last Answer : Something that an organization owns, controls or has access to on a semipermanent basis
Description : In the context of strategic management resources can be defined as: A. The knowledge and skills within the organization B. Something that an organization owns or controls that cannot be copied C. ... , controls or has access to on a semipermanent basis D. The physical assets of the organization
Last Answer : The physical assets of the organization
Description : The primary source of revenue for a wholesaler is a. investment income. b. service fees. c. the sale of merchandise. d. the sale of fixed assets the company owns.
Last Answer : c. the sale of merchandise.
Description : Adhu Ltd. owns machinery (rate of depreciation is 15%), the written down value of which as on 1st April 2017 is Rs.30 Lakh. Due to fire, entire assets in the block were destroyed and the insurer paid Rs.25 lakh ... depreciation in respect of block : a) Rs.450000 b) Rs. 75000 c) Rs. 400000 d) Nil
Last Answer : d) Nil
Description : Mr. Vaibhav, deriving business income, owns a car whose WDV as on 1st april 2016 was Rs.3Lakh. This is the only asset in the block of assets with rate of 15%. It is estimated that 1/3rd of the total usage of ... as on 31st March, 2018 would be a) Rs.216750 b) Rs.243000 c) Rs.255000 d) Nil
Last Answer : c) Rs.255000
Description : The CPA shall not concurrently engage in any business or occupation which impairs his objectivity in rendering professional services or which is inconsistent with his practice or employment. This ... accountancy, or employed in a private enterprise, a government agency or an educational institution
Last Answer : All CPAs engaged in public accountancy, or employed in a private enterprise, a government agency or an educational institution
Description : What are the advantages of working in an organised sector? -SST 10th
Last Answer : An organised sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work. They are registered by the government and have ... , the factory manager has to ensure facilities like drinking water and a safe working environment.
Description : What is an organised sector ? Explain -SST 10th
Last Answer : (i) An organised sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work. (ii) They are registered by the government and ... Shops Act, etc. (iii) They are called organised because they have some processes and procedures.
Description : Distinguish between the organised and the unorganised sector. -SST 10th
Last Answer : Organised sector (i)The sector is registered by the government. (ii) The terms of employment are regular. (iii) The sector is governed by various laws such as the Factories Act, Minimum Wages ... This sector includes a large number of people who are employed on their own doing small jobs, etc.
Description : What is an organised sector? Give any three benefits of the organised sector. -SST 10th
Last Answer : Organised sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work. They are registered by the government. Benefits of the ... the employer. . They get paid leaves, payment during holidays, provident fund, gratuity, etc.
Description : Explain four features of an organised sector. -SST 10th
Last Answer : Four features of organised sectors :– (i) Workers have job security. (ii) Government rules are followed properly in terms of employment. (iii) Post retirement facilities are provided. (iv) Workers get paid holidays, medical facilities, bouns, gratuity, etc.