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 : '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 : ‘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 : 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
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
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 : 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 : 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.
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
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.
Description : Which of the following is not a feat tare of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers
Last Answer : (3) Service motive Explanation: Capitalism is an economic system in which each individual in his capacity as a consumer, producer, and resource owner is engaged in economic activity with a large ... of businessmen, farmers, producers, including that of wage-earners are based on the profit motive.
Description : Which of the following is not a feature of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers
Last Answer : Service motive
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.
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 : Integration of the domestic economy with the world economy
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 : “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 : 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 : 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
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
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 : In a highly developed country the relative contribution of agriculture to GDP is (1) relatively high (2) relatively low (3) the same as that of other sectors (4) zero
Last Answer : (2) relatively low Explanation: In developed countries, the labor productivity of any commercial agriculture is high, so only a very small percentage of the population is involved with agriculture ... the primary sectors of the economy have sizeable contributions in the GDP of developing nations.
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
Last Answer : relatively low
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 : ‘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 : The policy which emphasized the need of promoting small-scale industries through integrated industrial development is_____________. A. IPR 1948. B. IPR 1956. C. IPR 1977. D. IPR 1980.
Last Answer : C. IPR 1977.
Description : The task of collecting data in all the three sectors of the economy is done by which organization: (a) NSSO (b) BPO (c) KPO (d) UNDP
Last Answer : (a) NSSO
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.
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
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.
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.
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...
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.
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.
Description : Alluvial soils vary in nature from sandy loam to clay. They are generally - a. poor in potash and rich in phosphorus b. poor in both potash and phosphorus c. rich in both potash and phosphorus d. rich in potash and poor in phosphorus
Last Answer : d. rich in potash and poor in phosphorus
Description : The existence of a Parallel Economy or Black Money - (1) makes the economy more competitive (2) makes the monetary policies less effective (3) ensures a better distribution of income and wealth (4) ensures increasing productive investment
Last Answer : (2) makes the monetary policies less effective Explanation: In India, Black money refers to funds earned on the black market, on which income and other taxes has not been paid. Black money ... a policy. So, in nutshell, the existence of parallel economy erodes the effectiveness of monetary policies.
Description : The existence of a parallel economy or Black Money - (1) makes the economy more competitive (2) makes the monetary policies less effective (3) ensures a better distribution of income and wealth (4) ensures increasing productive investment
Last Answer : (2) makes the monetary policies less effective Explanation: The existence of black money is injurious not just for tax revenues. It distorts the systematic resource allocation process and upsets the ... . So the existence of black money erodes the very rationale of growth behind monetary policies.
Description : The existence of a Parallel Economy or Black Money (1) makes the economy more competitive (2) makes the monetary policies less effective (3) ensures a better distribution of income and wealth (4) ensures increasing productive investment
Last Answer : makes the monetary policies less effective
Description : Which of the following is the classification of Industries on the basis of raw-materials? (1) Small Scale — Large scale (2) Primary and Secondary (3) Basic and Consumer (4) Agro-based and Mineral based
Last Answer : (4) Agro-based and Mineral based Explanation: Industries are classified on the bases of source of raw material. There are two types of industries agro based and mineral based industries ... based industries are iron and steel, cement, aluminum, machine tools, and petrochemicals producing industries
Description : Which of the following is the classification of Industries on the basis of raw-materials ? (1) Small Scale – Large scale (2) Primary and Secondary (3) Basic and Consumer (4) Agro-based and Mineral based
Last Answer : Agro-based and Mineral based
Description : Why does a cheap money low interest economy once again favor the rich and penalize the poor and middle class?
Last Answer : The current real estate market here definately favors the rich, as new homes are not as plentiful, so there are bidding wars for available homes, which knock out the poor and middle class potential buyers from the purchase.
Description : Sustainability of agriculture is about - I. What we grow - biodiversity rich and nature friendly II. Who grows - Local food for livelihood security III. How we grow - Less incentive and less toxic IV. What we eat - Less ... Only I b. Only I and III c. Only III and IV d. All I, II, III and IV
Last Answer : d. All I, II, III and IV
Description : In context to agriculture what is Fallow Land ? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its ... . Agriculture field which is left unplanted so that the soil's natural nutrient balance can be restored
Last Answer : d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored.
Description : In context to agriculture what is Fallow Land ? a. Fallowing is the process to make the soil rich in phosphorus b. Agricultural land which is added with organic matter to reduce its ... Agriculture field which is left unplanted so that the soil's natural nutrient balance can be restored.
Last Answer : d. Agriculture field which is left unplanted so that the soil’s natural nutrient balance can be restored
Description : 'Mixed Farming means – (1) Sowing of both cash and food crops (2) Sowing of two or more crops in the same field (3) Sowing of two or more plants in alternate years (4) Rearing of cattle and agriculture
Last Answer : (4) Rearing of cattle and agriculture Explanation: Mixed farming is the combining of two independent agricultural enterprises on the same farm. A typical case of mixed farming is the combination ... with livestock farming. Mixed farming may be treated as a special case of diversified farming.
Description : Which of the following methods of farming is/ are the best form of sustainable agriculture? I. Mixed Cropping II. Intercropping III. Crop Rotation Correct code is - a) Only III b) Only I and III c) Only II and III d) I, II and III all
Last Answer : d) I, II and III all
Description : Milpa and Ladang are different names for - a. shifting cultivation b. mixed farming c. truck farming d. plantation agriculture
Last Answer : a. shifting cultivation