Description : What are the main components of basic social infrastructure of an economy? (1) Education, Industry and Agriculture (2) Education, Health and Civil amenities (3) Transport, Health and Banks (4) Industry, Trade and Transport
Last Answer : (2) Education, Health and Civil amenities Explanation: Social infrastructure refers to the facilities and mechanisms that ensure education, health care, community development, income distribution, ... business travel and tourism infrastructure, including both man-made and natural attractions, etc.
Description : HDI is an aggregate measure of progress in which of the three dimensions? (1) Health, Education, Income (2) Food Security, Employment, Income (3) Agriculture, Industry, Services (4) Height, Weight, Colour
Last Answer : (1) Health, Education, Income Explanation: The Human Development Index (HDI) is an aggregate measure of progress in three dimensions-health, education and income which are used to rank ... FIDI was developed by the Pakistani economist Mahboob ul Haq working alongside Indian economist Amartya Sen.
Last Answer : Health, Education, Income
Description : The 2nd major profession in Pakistan is: A. Agriculture B. Industry C. Trade D. Civil Services
Last Answer : ANSWER: B
Description : Basic infrastructure facilities in Economics are known as : (1) Human capital (2) Physical capital (3) Social overheads capital (4) Working capital
Last Answer : (3) Social overheads capital Explanation: Social overheads capital is the capital spent on social infrastructure, such as schools, universities, hospitals, libraries. They are capital goods of ... government. Examples of social overhead capital include roads, schools, hospitals, and public parks.
Last Answer : Social overheads capital
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.
Last Answer : (a) Both A & R are true and R is the correct explanation of A
Description : A closed economy is one which - (1) Does not trade with other countries (2) Does not possess any means of international transport (3) Does not have a coatastal line (4) (4) Is not a member of the U.N.O.
Last Answer : (1) Does not trade with other countries Explanation: A closed economy is one that has no exports or imports. An open economy is one that has exports and imports. In a closed ... surplus. In a closed economy, equilibrium price and equilibrium quantity determine consumer surplus and producer surplus.
Description : A closed economy is one which (1) Does not trade with other countries (2) Does not possess any means of international transport (3) Does not have a coatastal line (4) Is not a member of the U.N.O.
Last Answer : Does not trade with other countries
Description : First five year plan put emphasis on a) Education b) Industry c) Agriculture d) Health
Last Answer : c) Agriculture
Description : First Five year plan put emphasis on (i) Education (ii) Industry (iii) Agriculture (iv) Health
Last Answer : (iii) Agriculture
Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.
Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank
Description : Point out the wrong statement. a) SOA provides the standards that transport the messages and makes the infrastructure to support it possible b) SOA provides access to reusable Web services ... widely shareable components that can minimize developer and infrastructure costs d) None of the mentioned
Last Answer : SOA provides access to reusable Web services over an SMTP network
Description : Internal economies - (1) arise when there is expansion in an industry. (2) arise in an economy as it makes progress. (3) accrue to a firm when it expands its output. (4) arise when there is expansion in internal trade.
Last Answer : (1) arise when there is expansion in an industry. Explanation: Internal economies are those economies in production-those reductions in production costs-which accrue to the firm itself when it expands its ... of its own expansion independent of the size and expansion of the industry as a whole.
Description : Internal economies (1) arise when there is expansion in an industry. (2) arise in an economy as it makes progress. (3) accrue to a firm when it expands its output. (4) arise when there is expansion in internal trade.
Last Answer : arise when there is expansion in an industry.
Description : What are the most basic amenities that you look for while buying a home?
Last Answer : answer:This is what we looked for when we were just starting out fourteen years ago: Quality and Condition: Get the house professionally inspected. Look for water damage, insect damage/infestation ... Access to public transportation Quality of public school system Demographic of town/city
Description : 'Green Banking' means : (1) Banks financing agriculture (2) Banks financing irrigation projects (3) Banks financing farmers (4) Banks financing pro environmental projects
Last Answer : (4) Banks financing pro environmental projects Explanation: Green Banking refers to practices and guidelines that make banks sustainable in economic, environment, and social dimensions. Green banking is ... a green bank by directing its core operations towards the betterment of the environment.
Description : ‘Green Banking’ means : (1) Banks financing agriculture (2) Banks financing irrigation projects (3) Banks financing farmers (4) Banks financing proenvironmental projects
Last Answer : Banks financing proenvironmental projects
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 : Indian agriculture is typically characterised as - (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy
Last Answer : (3) land scarce, labour surplus economy Explanation: The labor surplus economy model has as its basic premise the inability of unskilled agricultural labor markets to clear in countries with high man/land ... Japan, South Korea, and Taiwan are similar to India in being land scarce and labor surplus.
Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries
Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.
Description : Which among the following deals with that branch of agricultural economics which is mainly about the business principles and interests of farming? a. Agriculture management b. Business management c. Economy management d. Farm management
Last Answer : d. Farm management
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 : Indian agriculture is typically characterised as (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy
Last Answer : land scarce, labour surplus economy
Last Answer : Co-existence of public and private sectors
Description : If millions of people moved their money from banks to credit unions over the course of a year, what impact would that have on the economy?
Last Answer : answer:It would affect the profitability of big banks, but not necessarily have nay impact on consumers. If it was big enough, large banks would need to offer products to re-attract consumers, such as ... directly dependent on consumer demand. So there might be a bump up in car and house buying.
Description : Multiplier process in economic theory is conventionally taken to mean: (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases
Last Answer : (3) income of an economy grows on account of an initial investment Explanation: In economics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in ... of the U.S. money supply, and MO as a measure of the U.S. monetary base.
Description : Multiplier process in economic theory is conventionally taken to mean : (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases
Last Answer : income of an economy grows on account of an initial investment
Description : Which of the following is the largest sector of Pakistan's Economy? A. Manufecturing B. Agriculture C. Banking D. Industry
Description : What is the objective of agriculture extension education in India ? a. Dissemination of useful information b. All round improvement of rural people c. Practical application of useful knowledge d. All of these
Last Answer : d. All of these
Description : In which one of the following sectors is underemployment seen at the maximum? (a) Industry (b) Agriculture (c) Trade
Last Answer : Take the case of Laxmi with her two-hectare plot of unirrigated land. The government can spend some money ... (b) Agriculture (c) Trade (d) Commerce
Description : Population In which sector the largest labour force is attached in Pakistan? A. Industry B. Trade C. Agriculture D. Mines
Last Answer : ANSWER: C
Description : In which sector the largest labour force is attached in Pakistan? A. Industry B. Trade C. Agriculture D. Mines
Description : How will the US economy be affected if Venezuelan oil is completely cut off due to Civil War?
Last Answer : Hardly at all. Venzuela’s oil production has been reduced to be barely noticeable outside the Caribbean. And right now there is a glut of oil; every time it sneaks above $55 per bbl there is a huge increase on the world market.
Description : Which of the statements is correct about India's national income? (1) Percentage share of agriculture is higher than services (2) Percentage share of industry is higher than agriculture (3) ... higher than industry (4) Percentage share of services is higher than agriculture and industry put together
Last Answer : (4) Percentage share of services is higher than agriculture and industry put together Explanation: The services sector has the largest share in the GDP, accounting for 55% in 2007, up from 15% in 1950. ... allied sectors like forestry, logging and fishing ac-counted for 15.7% of the GDP in 2009-10.
Description : Genetic industry includes - a. Agriculture b. Fishing c. Hunting d. Mining
Last Answer : a. Agriculture
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, ... Industries c. Ministry of Agriculture and Farmers Welfare d. Ministry of Commerce and Industry
Last Answer : 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 : Percentage share of services is higher than agriculture and industry put together
Description : According to modern thinking, the law of diminishing returns applies to (1) agriculture (2) industry (3) mining (4) all fields of production
Last Answer : all fields of production
Description : Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization
Last Answer : (3) Purchase and sale of Government securities by RBI Explanation: Open Market Operation (OMO) refers to the buying and selling of government securities in the open market in order to expand or ... in the banking system. A central bank uses OMO as the primary means of implementing monetary policy.
Description : Open Market Operations refer to __________ . (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilisation
Last Answer : Purchase and sale of Government securities by RBI
Description : Fifth FYP gave emphasis on a) Agriculture b) Education c) Public health d) none of them
Last Answer : c) Public health
Description : With which country India collaborate to strengthen sectors of agriculture, health & environment? 1. Singapore 2. Russia 3. Israel 4. Germany
Last Answer : 3. Israel
Description : Industrial policy of 1948 aimed at ______. A. industrialization B. growth of agriculture. C. development of infrastructure . D. development of service sector.
Last Answer : A. industrialization
Description : For expanding access to banking services, the RBI has advised banks to open branches with minimum infrastructure support of 8 to 10BC units at a reasonable 3-4km. Such branches are known as _______ A. White Label ATMs B. Ultra Small Branches C. Banking Kiosks D. CBS Terminals E. ICT Hubs
Last Answer : B. Ultra Small Branches Explanation: Ultra Small Branches may be set up between the base branch and BC locations so as to provide support to about 8-10 BC Units at a reasonable distance ... for operating large customer transaction and would have to be managed full time by bank officers/ employees.
Description : Apart from the availability of raw material location of an industry is also dependent on the availability of: (1) enviornmental protection and vegetation (2) man power and energy source (3) transport and bio energy (4) water and inputs
Last Answer : (2) man power and energy source Explanation: Some of the factors which affect the industrial location are as follows: availability of raw materials, avail-ability of labour, availability of ... that is indispensable for industry. Besides, availability of power/electricity is also a deciding factor.
Last Answer : man power and energy source