Which of the following are consumer semi-durable goods? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Which of the following are consumer semi-durable goods? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.
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(3) Foodgrains and other food products Explanation: Goods which are neither indestructible nor lasting are defined as Semi Durable Goods. They fall in the category between Durable Goods and Non Durable Goods. Some common Semi Durable Goods are clothing or preserved foods: vehicles and electronic home appliances are classified as Durable Goods.
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Which of the following are consumer semi-durable goods ? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Description : Which of the following are consumer semi-durable goods ? (1) Cars and television sets (2) Milk and Milk products (3) Foodgrains and other food products (4) Electrical appliance like fans and electric irons.

Last Answer : Foodgrains and other food products

The difference between the GNP and the NNP is equal to the - (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

Description : The difference between the GNP and the NNP is equal to the - (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

Last Answer : (4) capital depreciation Explanation: Depreciation refers to two very different but related concepts: the decrease in value of assets (fair value depreciation), and the allocation of the cost of ... equal to capital depreciation. It is the wearing out, breaking down, or technological obsolescence.

The difference between the GNP and the NNP is equal to the (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

Description : The difference between the GNP and the NNP is equal to the (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

Last Answer : capital depreciation

Marketers can make better decisions if they analyse service products in terms of: A)durable and nondurable goods. B)durable and complex goods. C)complexity and variability. D)consumer and industrial goods. E)versatility and reliability.

Description : Marketers can make better decisions if they analyse service products in terms of: A)durable and nondurable goods. B)durable and complex goods. C)complexity and variability. D)consumer and industrial goods. E)versatility and reliability.

Last Answer : C)complexity and variability.

Gross National Product means (1) gross value of finished goods (2) money values of the total national production for any given period (3) gross value of raw materials and semi-finished products (4) money value of inputs and outputs

Description : Gross National Product means (1) gross value of finished goods (2) money values of the total national production for any given period (3) gross value of raw materials and semi-finished products (4) money value of inputs and outputs

Last Answer : money values of the total national production for any given period

Which one of these is not a valid reason for food security in India? a. Overpopulation b. Hoarding and black marketing c. Foodgrains stores are overflowing with foodgrains d. None of these.

Description : Which one of these is not a valid reason for food security in India? a. Overpopulation b. Hoarding and black marketing c. Foodgrains stores are overflowing with foodgrains d. None of these.

Last Answer : c. Foodgrains stores are overflowing with foodgrains

When a Bank provides a loan for purchase of white goods, it is categorised as _____________ A. Consumption loan B. White Goods loan C. Consumer Durable loan D. Working Capital

Description : When a Bank provides a loan for purchase of white goods, it is categorised as _____________ A. Consumption loan B. White Goods loan C. Consumer Durable loan D. Working Capital

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Imputed gross rent of owner-occupied buildings is a part of - (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

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Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Description : Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Last Answer : final consumption

Consumer's surplus is the highest in the case of: (1) durable goods (2) luxuries (3) comforts (4) necessities

Description : Consumer's surplus is the highest in the case of: (1) durable goods (2) luxuries (3) comforts (4) necessities

Last Answer : (4) necessities Explanation: Consumer surplus is the difference between the price consumers would be prepared to pay and the actual market price.

Consumer’s surplus is the highest in the case of: (1) durable goods (2) luxuries (3) comforts (4) necessities

Description : Consumer’s surplus is the highest in the case of: (1) durable goods (2) luxuries (3) comforts (4) necessities

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ISI mark is not given to which of the following products? (1) Electrical goods (2) Hosiery goods (3) Biscuits (4) Cloth

Description : ISI mark is not given to which of the following products? (1) Electrical goods (2) Hosiery goods (3) Biscuits (4) Cloth

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ISI mark is not given to which of the following products? (1) Electrical goods (2) Hosiery goods (3) Biscuits (4) Cloth

Description : ISI mark is not given to which of the following products? (1) Electrical goods (2) Hosiery goods (3) Biscuits (4) Cloth

Last Answer : Biscuits

An electrical appliance is earthed to 1. Protect the appliance against any damage 2. Prevent electric shocks 3. Avoid short-circuiting Which of the above is/are correct? (a) 1 only (b) 2 only (c) 1 and 2 (d) 2 and 3

Description : An electrical appliance is earthed to 1. Protect the appliance against any damage 2. Prevent electric shocks 3. Avoid short-circuiting Which of the above is/are correct? (a) 1 only (b) 2 only (c) 1 and 2 (d) 2 and 3

Last Answer : Ans:(b)

The price at which the government offers to sell foodgrains lower than the market price is known as? a. Procurement price b. Minimum support price c. Issue price d. Market price.

Description : The price at which the government offers to sell foodgrains lower than the market price is known as? a. Procurement price b. Minimum support price c. Issue price d. Market price.

Last Answer : c. Issue price

Buffer stock is the stock of foodgrains procured by the government through: a. IFCI b. FCI c. IDBI d. FICCI

Description : Buffer stock is the stock of foodgrains procured by the government through: a. IFCI b. FCI c. IDBI d. FICCI

Last Answer : b. FCI

Buffer stock is the stock of foodgrains procured by the government through (a) IFCI (b) FCI (c) IDBI (d) FICCI

Description : Buffer stock is the stock of foodgrains procured by the government through (a) IFCI (b) FCI (c) IDBI (d) FICCI

Last Answer : (b) FCI

Massive starvation takes place due to: (a) rise in the price of essential commodities (b) decline in production of foodgrains(c) drought (d) both (a) and (b)

Description : Massive starvation takes place due to: (a) rise in the price of essential commodities (b) decline in production of foodgrains (c) drought (d) both (a) and (b)

Last Answer : (c) drought

Under the Public Distribution System foodgrains given per family per month is: (a) 40 kg (b) 35 kg (c) 25 kg (d) 20 kg

Description : Under the Public Distribution System foodgrains given per family per month is: (a) 40 kg (b) 35 kg (c) 25 kg (d) 20 kg

Last Answer : (b) 35 kg

What among the following is NOT an example of 'private goods'? a) Clothes b) Cars c) Military d) Food items

Description : What among the following is NOT an example of 'private goods'? a) Clothes b) Cars c) Military d) Food items

Last Answer : : c) Military

Why do electric irons have plastic handles?

Description : Why do electric irons have plastic handles?

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The heating elements of electric irons are made of (A) Copper. (B) Nichrome. (C) Constantan. (D) Aluminium.

Description : The heating elements of electric irons are made of (A) Copper. (B) Nichrome. (C) Constantan. (D) Aluminium.

Last Answer : (B) Nichrome.

The primary purpose of a broker is to1. take title to a producer's goods before selling them to retailers or consumers 2. sell directly to the final consumer 3. supply products in the food industry by developing permanent, trusting relationships with buyers 4. sell delivery to producers 5. bring buyers and sellers together

Description : The primary purpose of a broker is to 1. take title to a producer's goods before selling them to retailers or consumers 2. sell directly to the final consumer 3. supply products in ... , trusting relationships with buyers 4. sell delivery to producers 5. bring buyers and sellers together

Last Answer : bring buyers and sellers together

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Last Answer : E)bring buyers and sellers together.

In the law of demand, the statement "Other things remain constant" means - (1) income of consumer should not change (2) price of other goods should not change (3) taste of consumer should not change (4) All of the above

Description : In the law of demand, the statement "Other things remain constant" means - (1) income of consumer should not change (2) price of other goods should not change (3) taste of consumer should not change (4) All of the above

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In the law of demand, the statement “Other things remain constant” means (1) income of consumer should not change (2) price of other goods should not change (3) taste of consumer should not change (4) All of the above

Description : In the law of demand, the statement “Other things remain constant” means (1) income of consumer should not change (2) price of other goods should not change (3) taste of consumer should not change (4) All of the above

Last Answer : All of the above

Agricultural and Processed Food Products Export Development Authority (APEDA), which is mandated with export promotion of scheduled products including fruits, vegetables, poultry, meat, dairy etc, functions under which ministry? a. Ministry of Consumer Affairs, Food and Public Distribution b. Ministry of Food Processing Industriesc. Ministry of Agriculture and Farmers Welfared. Ministry of Commerce and Industry

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Last Answer : d. Ministry of Commerce and Industry

Agricultural and Processed Food Products Export Development Authority (APEDA), which is mandated with export promotion of scheduled products including fruits, vegetables, poultry, meat, dairy etc, functions under which ministry? a. Ministry of Consumer Affairs, Food and Public Distribution b. Ministry of Food Processing Industries c. Ministry of Agriculture and Farmers Welfare d. Ministry of Commerce and Industry

Description : Agricultural and Processed Food Products Export Development Authority (APEDA), which is mandated with export promotion of scheduled products including fruits, vegetables, poultry, meat, dairy etc, functions under which ministry? a. Ministry of Consumer Affairs, Food and Public Distribution

Last Answer : d. Ministry of Commerce and Industry

Is my television a major home appliance?

Description : Is my television a major home appliance?

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Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Description : Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

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Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Description : Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Last Answer :  consumers are free to spend their income as they like.

Wrought Iron Patio Furniture Sets Are Durable?

Description : Wrought Iron Patio Furniture Sets Are Durable?

Last Answer : Wrought iron patio furniture sets are more expensive than other metals or plastic sets, but they last much longer. Glass tables can break in your yard or on your patio if they are blown over, but wrought iron ... . Wrought iron is also less likely to rust as it ages, so it will look great for years.

1. Food items – Fish, Salt, Beverages, Durable Goods.

Description : 1. Food items – Fish, Salt, Beverages, Durable Goods.

Last Answer : Find the odd word out: 1. Food items - Fish, Salt, Beverages, Durable Goods. 2 ... activities, Law standard of living, Malnutrition and starvation.

In your opinion, what is better for the economy: cheap consumer goods or having a lot of decent jobs available?

Description : In your opinion, what is better for the economy: cheap consumer goods or having a lot of decent jobs available?

Last Answer : answer:Without a job, even cheap consumer goods may be unobtainable. With a job, you may be able to buy consumer goods that don't break. That said, if you have a lot of desperate labor around, ... even more profit. So there's really no incentive to change it to benefit the little guy anytime soon.

Core Industries are - (1) Basic industries (2) Consumer goods industries (3) Capital goods industries (4) Government industries

Description : Core Industries are - (1) Basic industries (2) Consumer goods industries (3) Capital goods industries (4) Government industries

Last Answer : (1) Basic industries Explanation: Core Industries are those necessary industries in an economy that are necessary for industrialization of a country. Such industries include Machine tools, chemicals, ... such as that of foreign exchange requirements should govern the definition of the core sector.

State which of the following is correct? The Consumer Price Index reflects - (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Description : State which of the following is correct? The Consumer Price Index reflects - (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Last Answer : (2) the extent of inflation in the prices of consumer goods Explanation: A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households ... , pensions, for regulating prices and for deflating monetary magnitudes to show changes in real values.

The goods that are used as raw material for further production are known by which name: (a) Final goods (b) Material goods (c) Intermediate goods (d) Consumer goods

Description : The goods that are used as raw material for further production are known by which name: (a) Final goods (b) Material goods (c) Intermediate goods (d) Consumer goods

Last Answer : (c) Intermediate goods

6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment spending is $2000. In order to avoid recessions and inflation (to have equilibrium), the government should have a: a. balanced budget b. budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C

Last Answer : c. budget surplus of $1000

1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60

Description : 1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60

Last Answer : d. 500

What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Description : What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : b) Goods such as tools, machinery, etc which are used to create final consumer goods

Core Industries are (1) Basic industries (2) Consumer goods industries (3) Capital goods industries (4) Government industries

Description : Core Industries are (1) Basic industries (2) Consumer goods industries (3) Capital goods industries (4) Government industries

Last Answer : Basic industries

State which of the following is correct ? The Consumer Price Index reflects : (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Description : State which of the following is correct ? The Consumer Price Index reflects : (1) the standard of living (2) the extent of inflation in the prices of consumer goods (3) the increasing per capita income (4) the growth of the economy

Last Answer : the extent of inflation in the prices of consumer goods

The concept that under a system of free enterprise, it is consumers who decide what goods and services shall be produced and in what quantities is known as (1) Consumer Protection (2) Consumer’s Decision (3) Consumer Preference (4) Consumer’s Sovereignty

Description : The concept that under a system of free enterprise, it is consumers who decide what goods and services shall be produced and in what quantities is known as (1) Consumer Protection (2) Consumer’s Decision (3) Consumer Preference (4) Consumer’s Sovereignty

Last Answer : Consumer’s Sovereignty

Food crops comprise. (1) Cotton, Tobacco, Sugarcane (2) Linseed, Castor, Turmeric (3) Foodgrains, Pulses, Edible oilseeds (4) Jute, Cotton, Chilies

Description : Food crops comprise. (1) Cotton, Tobacco, Sugarcane (2) Linseed, Castor, Turmeric (3) Foodgrains, Pulses, Edible oilseeds (4) Jute, Cotton, Chilies

Last Answer : (3) Foodgrains, Pulses, Edible oilseeds Explanation: Food crops are any agricultural product that can be eaten. Examples of food crops include food grains (Wheat, Rice, Maize) pulses, soybeans, ... of agricultural crops for uses other than human (as food) or animal consumption (as feed).

Food crops comprise. (1) Cotton, Tobacco, Sugarcane (2) Linseed, Castor, Turmeric (3) Foodgrains, Pulses, Edible oilseeds (4) Jute, Cotton, Chillies

Description : Food crops comprise. (1) Cotton, Tobacco, Sugarcane (2) Linseed, Castor, Turmeric (3) Foodgrains, Pulses, Edible oilseeds (4) Jute, Cotton, Chillies

Last Answer : Foodgrains, Pulses, Edible oilseeds

"Capitalism" refers to: a. the use of markets b. government ownership of capital goods c. private ownership of capital goods d. private ownership of homes & cars

Description : "Capitalism" refers to: a. the use of markets b. government ownership of capital goods c. private ownership of capital goods d. private ownership of homes & cars

Last Answer : c. private ownership of capital goods

What among the following is NOT an example of 'public goods'? a) National defense b) Roads c) Cars d) National Forests

Description : What among the following is NOT an example of 'public goods'? a) National defense b) Roads c) Cars d) National Forests

Last Answer : c) Cars

Products on which labeling is voluntary are a) Electric geysers b) Induction motors b) Ceiling fans d) All of the above

Description : Products on which labeling is voluntary are a) Electric geysers b) Induction motors b) Ceiling fans d) All of the above

Last Answer : All of the above

The marketing channel of producer to retailer to consumer is MOST likely to be used by producers of which of the following products ? 1. Chewing gum 2. Tobacco 3. Cars 4. Hardware 5. Cream crackers

Description : The marketing channel of producer to retailer to consumer is MOST likely to be used by producers of which of the following products ? 1. Chewing gum 2. Tobacco 3. Cars 4. Hardware 5. Cream crackers

Last Answer : Cars

7) The marketing channel of producer to retailer to consumer is MOST likely to be used by producers of which of the following products? A)Chewing gum B)Tobacco C)Cars D)Hardware E)Cream crackers

Description : 7) The marketing channel of producer to retailer to consumer is MOST likely to be used by producers of which of the following products? A)Chewing gum B)Tobacco C)Cars D)Hardware E)Cream crackers

Last Answer : C)Cars