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

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
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Both the government and the private sectors operate sectors operate simultaneously
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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

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.

'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

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.

‘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

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

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

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.

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

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 :  Co-existence of public and private sectors

What do you mean by a mixed economy? a) Modern and traditional industries b) Public and private sectors c) Foreign and domestic investments d) Commercial and subsistence farming

Description : What do you mean by a mixed economy? a) Modern and traditional industries b) Public and private sectors c) Foreign and domestic investments d) Commercial and subsistence farming

Last Answer : Answer- b

In an economy, the sectors are classified into public and private on the basis of - (1) employment conditions (2) nature of economic activities (3) ownership of enterprises (4) use of raw materials

Description : In an economy, the sectors are classified into public and private on the basis of - (1) employment conditions (2) nature of economic activities (3) ownership of enterprises (4) use of raw materials

Last Answer : (3) ownership of enterprises Explanation: The classical breakdown of all economic sectors is: primary, secondary and tertiary. However, on the basis of ownership, the sectors are: business sector, private sector (privately run businesses), public sector (state sector) and voluntary sector.

In an economy, the sectors are classified into public and private on the basis of (1) employment conditions (2) nature of economic activities (3) ownership of enterprises (4) use of raw materials

Description : In an economy, the sectors are classified into public and private on the basis of (1) employment conditions (2) nature of economic activities (3) ownership of enterprises (4) use of raw materials

Last Answer :  ownership of enterprises 

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

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

‘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

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

In a mixed economy which sector(s) is/ are found (a) Private Only ; (b) Public sector only ; (c) None ; (d) Both a and b

Description : In a mixed economy which sector(s) is/ are found (a) Private Only ; (b) Public sector only ; (c) None ; (d) Both a and b

Last Answer : (d) Both a and b

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

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.

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

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

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 supply forces in the market (3) the private-sector takes all the decisions for price-determination of various commodities produced (4) the Government controls the allocation of all the factors of production

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

Which of the following is not required while computing Gross National Product (GNP)? (1) Net foreign investment (2) Private investment (3) Per capita income of citizens (4) Purchase of goods by government

Description : Which of the following is not required while computing Gross National Product (GNP)? (1) Net foreign investment (2) Private investment (3) Per capita income of citizens (4) Purchase of goods by government

Last Answer : (3) Per capita income of citizens Explanation: Gross National Product (GNP) is the market value of all products and services produced in one year by labour and property supplied by the ... measures the value of goods and services that the country's citizens produced regardless of their location.

Which of the following is not required while computing Gross National Product (GNP) ? (1) Net foreign investment (2) Private investment (3) Per capita income of citizens (4) Purchase of goods by government

Description : Which of the following is not required while computing Gross National Product (GNP) ? (1) Net foreign investment (2) Private investment (3) Per capita income of citizens (4) Purchase of goods by government

Last Answer : Per capita income of citizens 

Laissez-faire economics refers to: a) a term denoting economic transactions carried out by the State/government b) economic transactions in private parties where there is no intervention by the State/government c) a branch of socialism focusing on welfare economics d) None of the above

Description : Laissez-faire economics refers to: a) a term denoting economic transactions carried out by the State/government b) economic transactions in private parties where there is no intervention by the State/government c) a branch of socialism focusing on welfare economics d) None of the above

Last Answer : b) economic transactions in private parties where there is no intervention by the State/government

Name the Steel projects in the public sector which were not set up with foreign collaboration. -SST 10th

Description : Name the Steel projects in the public sector which were not set up with foreign collaboration. -SST 10th

Last Answer : The Visvesvaraya Iron and Steel Plant at Bhadravati in Karnataka and the Indian Iron and Steel Company at Burnpur and Kulti in West Bengal.

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

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.

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

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 

"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

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.

“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

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

Mixed economy is characterised by- a. Private sector b. Public sector c. Co-existence of private and public sector d. None of these

Description : Mixed economy is characterised by- a. Private sector b. Public sector c. Co-existence of private and public sector d. None of these

Last Answer : c. Co-existence of private and public sector

1. Which country has the briefest Constitution in the world? 2. Which petroleum refinery product has the lowest boiling point? 3. In which policy India opted for ‘Mixed Economy’? 4. In which state has India’s largest private sector sea port been commissioned recently? 5. By whom was the 'Shahnama' written?

Description : 1. Which country has the briefest Constitution in the world? 2. Which petroleum refinery product has the lowest boiling point? 3. In which policy India opted for Mixed Economy'? 4. In which state ... was given in which year? 20. During which reign was the East India Company founded in London?

Last Answer : Answer : 1. USA 2. Gasoline 3. Industrial Policy of 1948 4. Andhra Pradesh 5. Firdausi 6. 3½ ft 7. Hargobind Khurana 8. B. R. Ambedkar 9. NH 7 10. Punjab and Sind 11. Neutron 12. Junko Tabei 13. ... 16. Dr. F G. Banting 17. About 3 years since Dec 9, 1946 18. Wrought iron 19. 1991 20. Akbar

Which sector of the economy does the given image illustrate? (a) Private sector (b) Primary sector (c) Tertiary sector (d) Secondary sect

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

The economic system in which both public and private sectors co exist is known as ___economy. A. capitalism. B. socialism. C. democratic. D. republic.

Description : The economic system in which both public and private sectors co exist is known as ___economy. A. capitalism. B. socialism. C. democratic. D. republic.

Last Answer : B. socialism.

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) Both A & R are true and R is the correct explanation of A (b) Both A & R are true but R is not the correct explanation of A. (c) A is true but R is false. (d) Both A & R are false.

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

Impact of change in demand in one sector on other sectors is studied by A.General equilibrium B.Partial equilibrium C.Both (a) and (b) D.None of these

Description : Impact of change in demand in one sector on other sectors is studied by A.General equilibrium B.Partial equilibrium C.Both (a) and (b) D.None of these

Last Answer : A.General equilibrium

'Golden Handshake Scheme' is associated with - (1) inviting foreign companies (2) private investment in public enterprises (3) establishing joint enterprises (4) voluntary retirement

Description : 'Golden Handshake Scheme' is associated with - (1) inviting foreign companies (2) private investment in public enterprises (3) establishing joint enterprises (4) voluntary retirement

Last Answer : (4) voluntary retirement Explanation: The voluntary retirement scheme (VRS) is the most humane technique to provide overall reduction in the existing strength of the employees. It is a technique used by companies ... . It is also known as 'Golden Handshake' as it is the golden route to retrenchment.

Golden Handshake Scheme is associated with - (1) Inviting foreign companies (2) Private investment in public enterprises (3) Establishing joint enterprises (4) Voluntary retirement

Description : Golden Handshake Scheme is associated with - (1) Inviting foreign companies (2) Private investment in public enterprises (3) Establishing joint enterprises (4) Voluntary retirement

Last Answer : (4) Voluntary retirement Explanation: A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive ... , and other benefits, and is often accompanied by an accelerated vesting of stock options.

‘Golden Handshake Scheme’ is associated with (1) inviting foreign companies (2) private investment in public enterprises (3) establishing joint enterprises (4) voluntary retirement

Description : ‘Golden Handshake Scheme’ is associated with (1) inviting foreign companies (2) private investment in public enterprises (3) establishing joint enterprises (4) voluntary retirement

Last Answer : voluntary retirement

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 nations in goods and services and financial assets c) An economy that operates without government intervention d) None of the above

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

On what basis is the industrial sector classified into public and private sectors ? -SST 10th

Description : On what basis is the industrial sector classified into public and private sectors ? -SST 10th

Last Answer : C - Industries in the public sector are owned by the government while those in the private sector are owned by entrepreneurs.

On what basis is the industrial sector classified into public and private sectors? -SST 10th

Description : On what basis is the industrial sector classified into public and private sectors? -SST 10th

Last Answer : The industrial sector is classified into public and private sectors on the basis of ownerships of enterprises.

Which of the following about strategy of balanced growth is right? a. Simultaneous investment in all sectors b. All sectors are independent. c. Both d. None

Description : Which of the following about strategy of balanced growth is right? a. Simultaneous investment in all sectors b. All sectors are independent. c. Both d. None

Last Answer : a. Simultaneous investment in all sectors The supporters of this theory argue that simultaneous investment in all the sectors will help in faster growth. It is based on the idea that all sectors are interlinked.

Which of the following about strategy of unbalanced growth is right? a. Deliberate imbalance in favor of some sectors b. Simultaneous investment in all sectors c. Both d. None

Description : Which of the following about strategy of unbalanced growth is right? a. Deliberate imbalance in favor of some sectors b. Simultaneous investment in all sectors c. Both d. None

Last Answer : a. Deliberate imbalance in favor of some sectors

In India, disguised unemployment is generally observed in - (1) the Agricultural sector (2) the Factory sector (3) the Service sector (4) All these sectors

Description : In India, disguised unemployment is generally observed in - (1) the Agricultural sector (2) the Factory sector (3) the Service sector (4) All these sectors

Last Answer : (1) the Agricultural sector Explanation: As the word suggests, disguised unemployment refers to a situation when a person is apparently employed, but in effect unemployed. It is a ... in reality a sufficient number of them are unemployed. Their contribution regarding production is negligible.

The law of diminishing returns applies to - (1) All sectors (2) Industrial sector (3) Agricultural sector (4) Service sector

Description : The law of diminishing returns applies to - (1) All sectors (2) Industrial sector (3) Agricultural sector (4) Service sector

Last Answer : (1 ) All sectors Explanation: The classical economists were of the opinion that - the law of diminishing returns applies only to agriculture and to some extractive industries, such as mining, fisheries urban land, etc. However, it is applicable to other sectors such as manufacturing as well.

In India, disguised unemployment is generally observed in (1) the Agricultural sector (2) the Factory sector (3) the Service sector (4) All these sectors

Description : In India, disguised unemployment is generally observed in (1) the Agricultural sector (2) the Factory sector (3) the Service sector (4) All these sectors

Last Answer : the Agricultural sector

The law of diminishing returns applies to (1) All sectors (2) Industrial sector (3) Agricultural sector (4) Service sector

Description : The law of diminishing returns applies to (1) All sectors (2) Industrial sector (3) Agricultural sector (4) Service sector

Last Answer : All sectors

How is tertiary sector different from the other two sectors of economic activities? -SST 10th

Description : How is tertiary sector different from the other two sectors of economic activities? -SST 10th

Last Answer : Tertiary sector is different from other two sectors because: (i) It does not provide or produce goods. (ii) It provides services such as transport, I.T., communications, etc. (iii) ... the sectors. (iv) More the primary and secondary sectors develop, there increases the requirement of services.

The main feature of a capitalist economy is - (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Description : The main feature of a capitalist economy is - (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Last Answer : (4) Private ownership Explanation: Capitalism is an economic system that is based on private ownership of the means of production and the production of goods or services for profit. Other elements central to capitalism include capital accumulation and often competitive markets.

The main feature of a capitalist economy is (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Description : The main feature of a capitalist economy is (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

Last Answer : Private ownership

18. Using examples from your area compare and contrast that activities and functions of private and public sectors. -SST 10th

Description : 18. Using examples from your area compare and contrast that activities and functions of private and public sectors. -SST 10th

Last Answer : In the private sector, the assets and industries are owned by individuals and in the public sectors industries and enterprises are owned by the Government. Private sector works to earn profits and the ... private sector that we can see around us are IT companies, malls and multiplexes, etc.

Using examples from your area, compare and contrast the activities and functions of the private and public sectors. -SST 10th

Description : Using examples from your area, compare and contrast the activities and functions of the private and public sectors. -SST 10th

Last Answer : This answer was deleted by our moderators...

Using examples from your area, compare and contrast the activities and functions of the private and public sectors. -SST 10th

Description : Using examples from your area, compare and contrast the activities and functions of the private and public sectors. -SST 10th

Last Answer : Public Sector : There are the organisations which directly or indirectly come under the control of government, like MTNL, railways, Indian Airlines etc. Private Sector : In private sector organisations ... the motive of earning profits. BSES and Sahara Airlines are the examples of private sector.

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

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.

Government owns most of the assets and provides all the services: (a) Private sector (b) Public Sector (c) Organised sector (d) Tertiary sector

Description : Government owns most of the assets and provides all the services: (a) Private sector (b) Public Sector (c) Organised sector (d) Tertiary sector

Last Answer : (b) Public Sector

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

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

Globalisation means - (1) Integration of economy (2) Integration of financial market (3) Integration of the domestic economy with the world economy (4) Integration of the various sectors of economy

Description : Globalisation means - (1) Integration of economy (2) Integration of financial market (3) Integration of the domestic economy with the world economy (4) Integration of the various sectors of economy

Last Answer : (3) Integration of the domestic economy with the world economy Explanation: Globalization is the process of international integration arising from the interchange of world views, products, ... globalization refers to processes that promote world-wide exchanges of national and cultural resources.