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All questions of Class 11 NCERT Economics for BPSC (Bihar) Exam
Which of the following contributed to the dismal level of agricultural productivity during the colonial times?i) Low levels of technology,ii) Lack of irrigation facilitiesiii) Abundant use of fertilisers- a) (i) and (iii)
- b)(i) and (ii)
- c)(ii) and (iii)
- d)All of the above
Correct answer is option 'B'. Can you explain this answer?
Which of the following contributed to the dismal level of agricultural productivity during the colonial times?
i) Low levels of technology,
ii) Lack of irrigation facilities
iii) Abundant use of fertilisers
a)
(i) and (iii)
b)
(i) and (ii)
c)
(ii) and (iii)
d)
All of the above
|
Vikas Kapoor answered |
The use of fertilizers was negligible. It also added up to aggravate the plight of the farmers.
Which of the following economist estimated per capita income during colonial period
- a)Findlay Shirras
- b)William Digby
- c)Dada Bhai Naoroji
- d)Both B and C
Correct answer is option 'D'. Can you explain this answer?
Which of the following economist estimated per capita income during colonial period
a)
Findlay Shirras
b)
William Digby
c)
Dada Bhai Naoroji
d)
Both B and C
|
Kavita Joshi answered |
Dadabhai Naoroji, William Digby, V.K.R.V. Rao and R.C. Desai are the economists who estimated India’s national income and per capita income during the colonial period. Among these estimations, Rao’s estimates were considered more significant.
So option D is correct.
Capital goods industries are those
- a)Which can produce consumer goods
- b)Which can produce machine, tools etc.
- c)Both
- d)None
Correct answer is option 'B'. Can you explain this answer?
Capital goods industries are those
a)
Which can produce consumer goods
b)
Which can produce machine, tools etc.
c)
Both
d)
None
|
Naina Sharma answered |
Capital goods industry means industries which can produce machine, tools etc. which are, in turn, used for producing articles for current consumption.
Identify the industries which were under the public sector during the colonial period- a)Animation
- b)Railways
- c)IT
- d)All of these
Correct answer is option 'B'. Can you explain this answer?
Identify the industries which were under the public sector during the colonial period
a)
Animation
b)
Railways
c)
IT
d)
All of these
|
Aryan Khanna answered |
Railways industries which were under the public sector during the colonial period.
What is GDP
- a)Value of all final goods and services produced within the domestic territory of the country over one year period
- b)Value of all intermediate goods and services produced within the domestic territory of the country over one year period
- c)Value of all final goods and services produced within the domestic territory of the country over ten year period
- d)Value of all final goods and services produced within the national territory of the country over one year period
Correct answer is option 'A'. Can you explain this answer?
What is GDP
a)
Value of all final goods and services produced within the domestic territory of the country over one year period
b)
Value of all intermediate goods and services produced within the domestic territory of the country over one year period
c)
Value of all final goods and services produced within the domestic territory of the country over ten year period
d)
Value of all final goods and services produced within the national territory of the country over one year period
|
|
Vikas Kapoor answered |
GDP stands for "Gross Domestic Product" and represents the total monetary value of all final goods and services produced (and sold on the market) within a country during a period of time (typically 1 year). GDP is the most commonly used measure of economic activity.
This a MCQ (Multiple Choice Question) based practice test of Chapter 6 - Rural Development of Economics of Class XI (11) for the quick revision/preparation of School Board examinationsQ What is rural development- a)economic and legal upliftment of rural areas
- b)economic and social upliftment of rural areas
- c)economic and technical upliftment of rural areas
- d)economic and political upliftment of rural areas
Correct answer is option 'B'. Can you explain this answer?
This a MCQ (Multiple Choice Question) based practice test of Chapter 6 - Rural Development of Economics of Class XI (11) for the quick revision/preparation of School Board examinations
Q What is rural development
a)
economic and legal upliftment of rural areas
b)
economic and social upliftment of rural areas
c)
economic and technical upliftment of rural areas
d)
economic and political upliftment of rural areas
|
Om Desai answered |
Rural development is the process of improving the quality of life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas. Rural development has traditionally centered on the exploitation of land-intensive natural resources such as agriculture and forestry.
Life expectancy at the eve of independence was:
- a)35 years
- b)32 years
- c)40 years
- d)38 years
Correct answer is option 'B'. Can you explain this answer?
Life expectancy at the eve of independence was:
a)
35 years
b)
32 years
c)
40 years
d)
38 years
|
|
Arjun Singhania answered |
The life expectancy rate was 32 years. The literacy rate of the country on the eve of Independence was 16% only.
TISCO was incorporated ina)1970b)1989c)1907d)1986Correct answer is option 'C'. Can you explain this answer?
|
Rajat Patel answered |
By 1970, the company employed around 40,000 people at Jamshedpur, with a further 20,000 in the neighbouring coal mines. In 1971 and 1979, there were unsuccessful attempts to nationalise the company. In 1990, it started expansion plan and established its subsidiary Tata Inc. in New York.
CAGR stands for- a)Compound aggregate growth rate
- b)Consolidated annual growth rate
- c)Compound annual growth rate
- d)Combined assessed growth range
Correct answer is option 'C'. Can you explain this answer?
CAGR stands for
a)
Compound aggregate growth rate
b)
Consolidated annual growth rate
c)
Compound annual growth rate
d)
Combined assessed growth range
|
Simran Menon answered |
The correct answer is option 'C' - Compound annual growth rate.
Explanation:
- Compound Annual Growth Rate (CAGR) is the rate at which an investment grows over a specific period of time, assuming that the profits are reinvested.
- CAGR is a financial metric that can be used to calculate the average annual growth rate of an investment over a specific period of time.
- CAGR is often used to compare the performance of different investments, especially those that have different starting and ending values.
- It is calculated by taking the nth root of the total percentage growth rate, where n is the number of years in the period being considered.
- The formula for CAGR is: [(Ending Value / Beginning Value)^(1/n)] - 1, where n is the number of years.
- CAGR is expressed as a percentage and is a useful tool for measuring the performance of investments over time.
Example:
Suppose you invested $10,000 in a stock that had a value of $12,000 after one year, $15,000 after two years, and $18,000 after three years. To calculate the CAGR of this investment over the three-year period, the formula would be:
CAGR = [(18,000 / 10,000)^(1/3)] - 1 = 16.07%
This means that the investment had an average annual growth rate of 16.07% over the three-year period.
Conclusion:
CAGR is an important financial metric that can be used to measure the performance of investments over a specific period of time. It is commonly used by investors, analysts, and financial institutions to compare the performance of different investments and to evaluate their potential returns.
Explanation:
- Compound Annual Growth Rate (CAGR) is the rate at which an investment grows over a specific period of time, assuming that the profits are reinvested.
- CAGR is a financial metric that can be used to calculate the average annual growth rate of an investment over a specific period of time.
- CAGR is often used to compare the performance of different investments, especially those that have different starting and ending values.
- It is calculated by taking the nth root of the total percentage growth rate, where n is the number of years in the period being considered.
- The formula for CAGR is: [(Ending Value / Beginning Value)^(1/n)] - 1, where n is the number of years.
- CAGR is expressed as a percentage and is a useful tool for measuring the performance of investments over time.
Example:
Suppose you invested $10,000 in a stock that had a value of $12,000 after one year, $15,000 after two years, and $18,000 after three years. To calculate the CAGR of this investment over the three-year period, the formula would be:
CAGR = [(18,000 / 10,000)^(1/3)] - 1 = 16.07%
This means that the investment had an average annual growth rate of 16.07% over the three-year period.
Conclusion:
CAGR is an important financial metric that can be used to measure the performance of investments over a specific period of time. It is commonly used by investors, analysts, and financial institutions to compare the performance of different investments and to evaluate their potential returns.
TISCO stands for- a)Tata Iron and steel Company
- b)Tata Iron and silver Corporation
- c)Tata Iron and silver Company
- d)Tata Iodine and silver Company
Correct answer is option 'A'. Can you explain this answer?
TISCO stands for
a)
Tata Iron and steel Company
b)
Tata Iron and silver Corporation
c)
Tata Iron and silver Company
d)
Tata Iodine and silver Company
|
Priya Patel answered |
Tata Steel Limited (formerly Tata Iron and Steel Company Limited (TISCO) is an Indian multinational steel-making
10 % _____ while 18% workforce were engaged in ______ sector- a)Manufacturing , Service
- b)Service, Manufacturing
- c)Manufacturing , Primary
- d)Primary, Service
Correct answer is option 'A'. Can you explain this answer?
10 % _____ while 18% workforce were engaged in ______ sector
a)
Manufacturing , Service
b)
Service, Manufacturing
c)
Manufacturing , Primary
d)
Primary, Service
|
|
Kiran Mehta answered |
The three-sector is an economic theory which divides economies into three sectors of activity, manufacturing (secondary 10%), and services (tertiary 18%).
This a MCQ (Multiple Choice Question) based practice test of Chapter 4 - Poverty of Economics of Class XI (11) for the quick revision/preparation of School Board examinationsQ When we talk of poverty in a country we mean by- a)Relative poverty
- b)Absolute poverty
- c)Both
- d)None
Correct answer is 'B'. Can you explain this answer?
This a MCQ (Multiple Choice Question) based practice test of Chapter 4 - Poverty of Economics of Class XI (11) for the quick revision/preparation of School Board examinations
Q When we talk of poverty in a country we mean by
a)
Relative poverty
b)
Absolute poverty
c)
Both
d)
None
|
|
Poonam Reddy answered |
Absolute poverty refers to a condition where a person does not have the minimum amount of income needed to meet the minimum requirements for one or more basic living needs over an extended period of time.
What was the rate of growth of real output in our country during the first half of the twentieth century- a)Less than 1 percent
- b)Less than 3 percent
- c)Less than 4 percent
- d)Less than 2 percent
Correct answer is option 'D'. Can you explain this answer?
What was the rate of growth of real output in our country during the first half of the twentieth century
a)
Less than 1 percent
b)
Less than 3 percent
c)
Less than 4 percent
d)
Less than 2 percent
|
Rishabh Das answered |
The growth of the aggregate real output (GDP) was less than 2% during the first half of the 20th century and growth of per capita income was just 0.5%.
Can you explain the answer of this question below:Which among the following schemes was started in the year 2000 for the indigent senior citizens?
- A:
APS
- B:
NFWP
- C:
PDS
- D:
SGSY
The answer is A.
Which among the following schemes was started in the year 2000 for the indigent senior citizens?
APS
NFWP
PDS
SGSY
|
Anushka Desai answered |
The correct answer is option 'A' i.e. APS.
APS stands for Annapurna Scheme which was started in the year 2000 for the indigent senior citizens who are not covered under the National Old Age Pension Scheme (NOAPS). It is a centrally sponsored scheme implemented through State Governments and Union Territories.
Under this scheme, eligible beneficiaries are provided with free food grains up to 10 kg per person per month. The beneficiaries are identified by the State Governments and Union Territories and the food grains are distributed through the Fair Price Shops (FPS) of the Public Distribution System (PDS).
Some key features of the Annapurna Scheme are:
1. Eligibility: The scheme is meant for the senior citizens who are not covered under the NOAPS and are 65 years of age or above.
2. Coverage: The scheme covers the entire country.
3. Food grains: The eligible beneficiaries are provided with free food grains up to 10 kg per person per month.
4. Identification of beneficiaries: The State Governments and Union Territories are responsible for identifying the eligible beneficiaries.
5. Distribution: The food grains are distributed through the Fair Price Shops (FPS) of the Public Distribution System (PDS).
6. Funding: The scheme is implemented with 100% central assistance.
The Annapurna Scheme is a welfare measure for the indigent senior citizens who are not covered under the NOAPS. It helps in ensuring food security and improving the quality of life of the senior citizens.
APS stands for Annapurna Scheme which was started in the year 2000 for the indigent senior citizens who are not covered under the National Old Age Pension Scheme (NOAPS). It is a centrally sponsored scheme implemented through State Governments and Union Territories.
Under this scheme, eligible beneficiaries are provided with free food grains up to 10 kg per person per month. The beneficiaries are identified by the State Governments and Union Territories and the food grains are distributed through the Fair Price Shops (FPS) of the Public Distribution System (PDS).
Some key features of the Annapurna Scheme are:
1. Eligibility: The scheme is meant for the senior citizens who are not covered under the NOAPS and are 65 years of age or above.
2. Coverage: The scheme covers the entire country.
3. Food grains: The eligible beneficiaries are provided with free food grains up to 10 kg per person per month.
4. Identification of beneficiaries: The State Governments and Union Territories are responsible for identifying the eligible beneficiaries.
5. Distribution: The food grains are distributed through the Fair Price Shops (FPS) of the Public Distribution System (PDS).
6. Funding: The scheme is implemented with 100% central assistance.
The Annapurna Scheme is a welfare measure for the indigent senior citizens who are not covered under the NOAPS. It helps in ensuring food security and improving the quality of life of the senior citizens.
Reason for low productivity in agriculture sector- a)HYV seeds
- b)Low level of technology
- c)Improved irrigation system
- d)All of these
Correct answer is option 'B'. Can you explain this answer?
Reason for low productivity in agriculture sector
a)
HYV seeds
b)
Low level of technology
c)
Improved irrigation system
d)
All of these
|
Sahil Saha answered |
Explanation:
Low productivity in the agriculture sector can be attributed to various factors. However, the most significant factor is the low level of technology used in farming practices. Here is a detailed explanation of how technology affects productivity in agriculture:
Impact of Low Level of Technology on Agriculture Productivity:
1. Inefficient Use of Resources: The use of outdated tools and equipment in agriculture results in an inefficient use of resources. This includes the inefficient use of water, fertilizers, and labor.
2. Poor Crop Management: Low levels of technology in agriculture result in poor crop management practices. This includes poor soil preparation, inadequate pest and disease management, and inefficient harvesting practices.
3. Low-Quality Seeds: The use of low-quality seeds in agriculture results in low yields, poor crop quality, and increased susceptibility to pests and diseases.
4. Limited Knowledge: Low levels of technology in agriculture result in limited knowledge of modern farming practices. This includes limited knowledge of crop management, soil fertility, and pest and disease management.
5. Limited Access to Information: Limited access to information on modern farming practices, crop varieties, and market information hinders farmers' ability to make informed decisions.
Conclusion:
In conclusion, the low level of technology used in agricultural practices is the primary factor that hinders productivity in the agriculture sector. Therefore, there is a need for investment in modern technology, including modern farming practices, equipment, and information systems, to improve productivity in the agriculture sector.
Low productivity in the agriculture sector can be attributed to various factors. However, the most significant factor is the low level of technology used in farming practices. Here is a detailed explanation of how technology affects productivity in agriculture:
Impact of Low Level of Technology on Agriculture Productivity:
1. Inefficient Use of Resources: The use of outdated tools and equipment in agriculture results in an inefficient use of resources. This includes the inefficient use of water, fertilizers, and labor.
2. Poor Crop Management: Low levels of technology in agriculture result in poor crop management practices. This includes poor soil preparation, inadequate pest and disease management, and inefficient harvesting practices.
3. Low-Quality Seeds: The use of low-quality seeds in agriculture results in low yields, poor crop quality, and increased susceptibility to pests and diseases.
4. Limited Knowledge: Low levels of technology in agriculture result in limited knowledge of modern farming practices. This includes limited knowledge of crop management, soil fertility, and pest and disease management.
5. Limited Access to Information: Limited access to information on modern farming practices, crop varieties, and market information hinders farmers' ability to make informed decisions.
Conclusion:
In conclusion, the low level of technology used in agricultural practices is the primary factor that hinders productivity in the agriculture sector. Therefore, there is a need for investment in modern technology, including modern farming practices, equipment, and information systems, to improve productivity in the agriculture sector.
Nation Rural Health Mission was launched in- a)2006
- b)2002
- c)2004
- d)2005
Correct answer is option 'D'. Can you explain this answer?
Nation Rural Health Mission was launched in
a)
2006
b)
2002
c)
2004
d)
2005
|
|
Arjun Singhania answered |
The National Rural Health Mission (NRHM) was launched by the Hon’ble Prime Minister on 12th April 2005, to provide accessible, affordable and quality health care to the rural population, especially the vulnerable
The population of which of the country is small- a)India
- b)China
- c)Pakistan
- d)None
Correct answer is option 'C'. Can you explain this answer?
The population of which of the country is small
a)
India
b)
China
c)
Pakistan
d)
None
|
|
Poonam Reddy answered |
From the given options Pakistan has the smallest population because China and India are the world’s top 2 most populated countries.
Which of the following is related to six system of Indian medicine(AYUSH) (i) Ayurveda (ii) Samveda (iii) Yoga (iv) Unani (v) Naturopathy (vi) Homoeopathy. Options are- a)I,II,III
- b)II,III,V
- c)I,III,IV,V,VI
- d)II,III,IV,V,VI
Correct answer is option 'C'. Can you explain this answer?
Which of the following is related to six system of Indian medicine(AYUSH) (i) Ayurveda (ii) Samveda (iii) Yoga (iv) Unani (v) Naturopathy (vi) Homoeopathy. Options are
a)
I,II,III
b)
II,III,V
c)
I,III,IV,V,VI
d)
II,III,IV,V,VI
|
|
Poonam Reddy answered |
The Ministry of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homoeopathy is purposed with developing education, research and propagation of indigenous alternative medicine systems in India.
The full form AYUSH suggests its purpose and it does not include Samveda.
The full form AYUSH suggests its purpose and it does not include Samveda.
Can you explain the answer of this question below:This a MCQ (Multiple Choice Question) based practice test of Chapter 8 - Infrastructure of Economics of Class XI (11) for the quick revision/preparation of School Board examinations
Q All the support structures which facilitates development of a country constitute its
- A:
Infrastructure
- B:
Manufactures
- C:
Construction
- D:
None
The answer is A.
This a MCQ (Multiple Choice Question) based practice test of Chapter 8 - Infrastructure of Economics of Class XI (11) for the quick revision/preparation of School Board examinations
Q All the support structures which facilitates development of a country constitute its
Infrastructure
Manufactures
Construction
None
|
|
Aryan Khanna answered |
Some infrastructural facilities have a direct impact on production of goods and services while others give indirect support by building the social sector of the economy. Using the above information, differentiate between social and economic infrastructure.
Jute industries were dominated by- a)Indian
- b)Foreigners
- c)Both
- d)None
Correct answer is option 'B'. Can you explain this answer?
Jute industries were dominated by
a)
Indian
b)
Foreigners
c)
Both
d)
None
|
|
Kavita Joshi answered |
Whereas, the jute textile industries, controlled by foreigners, were limited to the Eastern part (Bengal). Further, some other industries started coming up after the second world war for example- sugar, paper, cement, steel, and iron industry.
____ has followed the classical development patter n of gradual shift from agriculture to manufacturing and then to services- a)Pakistan
- b)India
- c)China
- d)All of these
Correct answer is option 'C'. Can you explain this answer?
____ has followed the classical development patter n of gradual shift from agriculture to manufacturing and then to services
a)
Pakistan
b)
India
c)
China
d)
All of these
|
|
Abhishek Menon answered |
Shift from Agriculture to Manufacturing to Services in China, India and Pakistan
China, India, and Pakistan have followed the classical development pattern of a gradual shift from agriculture to manufacturing and then to services. This can be explained in detail as follows:
Agriculture:
- All three countries have a strong agricultural base and have relied heavily on agriculture for their economy.
- Agriculture has been the main source of income for a large section of the population in all three countries.
- However, with the growth of the population, the agricultural sector has become overcrowded, leading to a decline in productivity and income.
Manufacturing:
- With the need to generate more income and provide employment opportunities, all three countries have shifted their focus from agriculture to manufacturing.
- Manufacturing has been the engine of economic growth in all three countries, with China leading the way as the world's largest manufacturing hub.
- India and Pakistan have also made significant progress in manufacturing, with both countries becoming major players in the global market.
Services:
- As the economies of all three countries have grown, they have also shifted their focus to the services sector.
- The services sector includes a wide range of activities such as IT, banking, tourism, healthcare, etc.
- In recent years, the services sector has emerged as the fastest-growing sector in all three countries, contributing significantly to their GDP.
Conclusion:
In conclusion, China, India, and Pakistan have followed the classical development pattern of a gradual shift from agriculture to manufacturing and then to services. This shift has been driven by the need to generate more income and provide employment opportunities for their growing population. While all three countries have made significant progress, there is still a long way to go in terms of achieving sustainable and inclusive growth.
China, India, and Pakistan have followed the classical development pattern of a gradual shift from agriculture to manufacturing and then to services. This can be explained in detail as follows:
Agriculture:
- All three countries have a strong agricultural base and have relied heavily on agriculture for their economy.
- Agriculture has been the main source of income for a large section of the population in all three countries.
- However, with the growth of the population, the agricultural sector has become overcrowded, leading to a decline in productivity and income.
Manufacturing:
- With the need to generate more income and provide employment opportunities, all three countries have shifted their focus from agriculture to manufacturing.
- Manufacturing has been the engine of economic growth in all three countries, with China leading the way as the world's largest manufacturing hub.
- India and Pakistan have also made significant progress in manufacturing, with both countries becoming major players in the global market.
Services:
- As the economies of all three countries have grown, they have also shifted their focus to the services sector.
- The services sector includes a wide range of activities such as IT, banking, tourism, healthcare, etc.
- In recent years, the services sector has emerged as the fastest-growing sector in all three countries, contributing significantly to their GDP.
Conclusion:
In conclusion, China, India, and Pakistan have followed the classical development pattern of a gradual shift from agriculture to manufacturing and then to services. This shift has been driven by the need to generate more income and provide employment opportunities for their growing population. While all three countries have made significant progress, there is still a long way to go in terms of achieving sustainable and inclusive growth.
When was the first census data collected during British India- a)1882
- b)1981
- c)1881
- d)1982
Correct answer is option 'C'. Can you explain this answer?
When was the first census data collected during British India
a)
1882
b)
1981
c)
1881
d)
1982
|
|
Arun Khanna answered |
A systematic and modern population census, in its present form was conducted non synchronously between 1865 and 1872 in different parts of the country. This effort culminating in 1872 has been popularly labeled as the first population census of India However, the first synchronous census in India was held in 1881.
Railways were introduced in India in- a)1860
- b)1830
- c)1853
- d)1840
Correct answer is option 'C'. Can you explain this answer?
Railways were introduced in India in
a)
1860
b)
1830
c)
1853
d)
1840
|
Ishani Mehta answered |
Railways were first introduced to India in 1853. By 1947, the year of India's independence, there were forty-two rail systems. In 1951 the systems were nationalized as one unit, becoming one of the largest networks in the world. Indian Railways operates both long distance and suburban rail systems.
With the growing competition, most employers these days prefer to employ workers:- a)flexibly
- b)quickly
- c)selectively
- d)none of these
Correct answer is option 'A'. Can you explain this answer?
With the growing competition, most employers these days prefer to employ workers:
a)
flexibly
b)
quickly
c)
selectively
d)
none of these
|
Bhavana Banerjee answered |
Employers' preference for flexible workers
Introduction
With the increasing competition in the job market, employers are seeking to hire workers who can adapt to changing circumstances and be versatile in their roles. One of the key traits that employers look for in potential employees is flexibility.
Reasons for preferring flexible workers
Employers prefer flexible workers for several reasons, including:
1. Adaptability: Flexible workers are adaptable and can quickly learn new skills or take on new tasks. This is essential in today's fast-paced work environment where change is constant.
2. Cost-effective: Hiring flexible workers can be cost-effective for employers as they can be employed on a part-time or temporary basis. This saves the employer money on benefits and other expenses associated with full-time employees.
3. Increased productivity: Flexible workers are often highly motivated and can be more productive than full-time employees. This is because they are focused on completing specific tasks within a set timeframe.
4. Reduced risk: Employing flexible workers can help reduce the risk of over-staffing or under-staffing. This is because employers can adjust their workforce according to the demands of the business.
Types of flexible workers
There are several types of flexible workers that employers may prefer to hire, including:
1. Part-time workers: These workers are employed on a part-time basis and work fewer hours than full-time employees.
2. Temporary workers: These workers are employed for a specific period of time or until a specific project is completed.
3. Freelancers: These workers are self-employed and work on a project-by-project basis.
4. Remote workers: These workers work from home or another location outside of the office.
Conclusion
In conclusion, flexible workers are highly sought after by employers due to their adaptability, cost-effectiveness, increased productivity, and reduced risk. This trend is likely to continue as the job market becomes increasingly competitive and businesses look for ways to stay agile and adaptable.
Introduction
With the increasing competition in the job market, employers are seeking to hire workers who can adapt to changing circumstances and be versatile in their roles. One of the key traits that employers look for in potential employees is flexibility.
Reasons for preferring flexible workers
Employers prefer flexible workers for several reasons, including:
1. Adaptability: Flexible workers are adaptable and can quickly learn new skills or take on new tasks. This is essential in today's fast-paced work environment where change is constant.
2. Cost-effective: Hiring flexible workers can be cost-effective for employers as they can be employed on a part-time or temporary basis. This saves the employer money on benefits and other expenses associated with full-time employees.
3. Increased productivity: Flexible workers are often highly motivated and can be more productive than full-time employees. This is because they are focused on completing specific tasks within a set timeframe.
4. Reduced risk: Employing flexible workers can help reduce the risk of over-staffing or under-staffing. This is because employers can adjust their workforce according to the demands of the business.
Types of flexible workers
There are several types of flexible workers that employers may prefer to hire, including:
1. Part-time workers: These workers are employed on a part-time basis and work fewer hours than full-time employees.
2. Temporary workers: These workers are employed for a specific period of time or until a specific project is completed.
3. Freelancers: These workers are self-employed and work on a project-by-project basis.
4. Remote workers: These workers work from home or another location outside of the office.
Conclusion
In conclusion, flexible workers are highly sought after by employers due to their adaptability, cost-effectiveness, increased productivity, and reduced risk. This trend is likely to continue as the job market becomes increasingly competitive and businesses look for ways to stay agile and adaptable.
This a MCQ (Multiple Choice Question) based practice test of Chapter 7 - Employment Growth and Other Issues of Economics of Class XI (11) for the quick revision/preparation of School Board examinationsQ The sum of the value of all final goods and services produced within the democratic territory of a country in a year is- a)Net National product
- b)Net Domestic product
- c)Gross Domestic product
- d)Gross National product
Correct answer is 'C'. Can you explain this answer?
This a MCQ (Multiple Choice Question) based practice test of Chapter 7 - Employment Growth and Other Issues of Economics of Class XI (11) for the quick revision/preparation of School Board examinations
Q The sum of the value of all final goods and services produced within the democratic territory of a country in a year is
a)
Net National product
b)
Net Domestic product
c)
Gross Domestic product
d)
Gross National product
|
Jayant Mishra answered |
GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an important indicator of the economic performance of a country.
UWSP and USEP are the two components of which yojna- a)Valmiki Ambedkar Wass Yojna
- b)Swarn Jayanti Shahri Rozgar Yojnana
- c)Antodya Ann Yojna
- d)Indira Awas Yojna
Correct answer is option 'B'. Can you explain this answer?
UWSP and USEP are the two components of which yojna
a)
Valmiki Ambedkar Wass Yojna
b)
Swarn Jayanti Shahri Rozgar Yojnana
c)
Antodya Ann Yojna
d)
Indira Awas Yojna
|
|
Om Desai answered |
Swaran Jayanti Shahari Rozgar Yojna. The Urban Self-Employment Program and the Urban Wage Employment Program are two special schemes of the SJSRY initiated in December 1997, which replaced various programs operated earlier for urban poverty alleviation
The period between 1991-2003 is called- a)Blue Revolution
- b)White Revolution
- c)Golden Revolution
- d)Green Revolution
Correct answer is option 'C'. Can you explain this answer?
The period between 1991-2003 is called
a)
Blue Revolution
b)
White Revolution
c)
Golden Revolution
d)
Green Revolution
|
|
Priya Patel answered |
A significant increase in horticulture production is called Golden Revolution in India. In India, the period between 1991-2003 is termed as 'Golden Revolution'. This period witnessed a tremendous increase in the productivity in horticulture. As a result, during this period, there was a huge increase in the production of various fruits, vegetables, spices and other horticulture products.
To provide the educational facilities to the children of transferable central government employees _____ were established- a)Kendriya Vidyalayas
- b)Navodaya Vidayalas
- c)Both
- d)None
Correct answer is option 'A'. Can you explain this answer?
To provide the educational facilities to the children of transferable central government employees _____ were established
a)
Kendriya Vidyalayas
b)
Navodaya Vidayalas
c)
Both
d)
None
|
|
Rahul Desai answered |
The Kendriya Vidyalayas were established in 1963 with the sole purpose of offering quality education to the children of transferable central government employees, including those in the defence and paramilitary services.
Opening of Suez Canal in ____ significantly reduced the cost f transportation of goods between Britain and India- a)1865
- b)1869
- c)1885
- d)1889
Correct answer is option 'B'. Can you explain this answer?
Opening of Suez Canal in ____ significantly reduced the cost f transportation of goods between Britain and India
a)
1865
b)
1869
c)
1885
d)
1889
|
|
Nandini Iyer answered |
The Suez Canal is an artificial sea-level waterway in Egypt the Mediterranean Sea through the Red Sea via the Gulf of Suez. Construction began in September 1859 and was completed in November of 1869, 10 and a half years later. The Suez Canal is around 190 km in length.
________ was developed by the British Raj as a means to enlarge the size of market for the British goods
a)Iron and steelb)Railwaysc)Post and telegraphd)ITCorrect answer is option 'B'. Can you explain this answer?
|
Kirti Pillai answered |
Railways assisted British industries to widen the market for their finished products.
Post and telegraphs were developed to enhance the efficiency and effectiveness of the British administration.
Post and telegraphs were developed to enhance the efficiency and effectiveness of the British administration.
Jute industries were located in- a)Rajasthan
- b)Bengal
- c)Maharashtra
- d)Gujarat
Correct answer is option 'B'. Can you explain this answer?
Jute industries were located in
a)
Rajasthan
b)
Bengal
c)
Maharashtra
d)
Gujarat
|
|
Priyanka Mehta answered |
Jute Textile Industry is one of the major Industries in the Eastern India, particularly in West Bengal.
The first Factories Act was enacted in- a)1881
- b)1895
- c)1897
- d)1885
Correct answer is option 'A'. Can you explain this answer?
The first Factories Act was enacted in
a)
1881
b)
1895
c)
1897
d)
1885
|
|
Malavika Sengupta answered |
The first Factories Act was enacted in 1881. Background:Before the Factories Act was enacted, there were no laws regulating the working conditions in factories. Workers, including women and children, were often subjected to long working hours, hazardous working conditions, and low wages. The first Factories Act was enacted to address these issues and improve the working conditions in factories.Key provisions of the Factories Act, 1881:1. Working hours: The Act limited the working hours to 12 hours per day for adults and 6 hours per day for children.2. Safety measures: The Act required factories to take safety measures to prevent accidents and injuries to workers.3. Employment of women and children: The Act prohibited the employment of children under the age of 7 and limited the working hours of women and children.4. Health measures: The Act required factories to provide clean and safe drinking water, adequate ventilation, and other health measures for workers.5. Inspection: The Act provided for the appointment of inspectors to ensure that the factories were complying with the provisions of the Act.Impact of the Factories Act, 1881:The Factories Act, 1881 was a significant step towards improving the working conditions in factories. The Act helped in reducing the working hours, improving safety measures, and providing better health facilities for workers. It also helped in reducing the exploitation of children and women in factories. However, the Act had certain limitations, and it was replaced by the Factories Act, 1891, which further strengthened the provisions relating to working conditions in factories.
What is the value of GNP- a)Value of all intermediate goods and services produced by the residents of a nation
- b)Value of all final goods and services produced within the domestic territory
- c)Value of all final goods and services produced by the country's factors of production irrespective of their location.
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
What is the value of GNP
a)
Value of all intermediate goods and services produced by the residents of a nation
b)
Value of all final goods and services produced within the domestic territory
c)
Value of all final goods and services produced by the country's factors of production irrespective of their location.
d)
None of these
|
Madhurima Deshpande answered |
GNP means gross national product. it is clear that it is on national level and a nation's resident should be included only. A another word is GDP it is gross domestic product. It includes every Product that has been made in our country it does not matter that who has made it resident or non resident.
GDP stands for- a)Gross Domestic Purchase
- b)Gross Double Purchase
- c)Gross Domestic Product
- d)Grand Domestic Product
Correct answer is option 'C'. Can you explain this answer?
GDP stands for
a)
Gross Domestic Purchase
b)
Gross Double Purchase
c)
Gross Domestic Product
d)
Grand Domestic Product
|
|
Alok Mehta answered |
The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period, often referred to as the size of the economy.
Following states have high literacy rate except
- a)Kerala
- b)Mizoram
- c)Bihar
- d)None of These
Correct answer is option 'C'. Can you explain this answer?
Following states have high literacy rate except
a)
Kerala
b)
Mizoram
c)
Bihar
d)
None of These
|
|
Abhishek Phogat answered |
Rajasthan.
Kerala and mazirom are most literate states of India...
Kerala and mazirom are most literate states of India...
Golden revolution is related to- a)Pisciculture
- b)Horticulture
- c)Floriculture
- d)None
Correct answer is option 'B'. Can you explain this answer?
Golden revolution is related to
a)
Pisciculture
b)
Horticulture
c)
Floriculture
d)
None
|
|
Aryan Khanna answered |
The definition of horticulture is the art or practice of gardening and cultivating plants and trees. When you grow lilac bushes and orchids, this is an example of horticulture.
HYVP stands for- a)High Yielding Varieties Product
- b)High Yielding Varieties Programme
- c)High Yielding Various Programme
- d)High Yielding Various Product
Correct answer is option 'B'. Can you explain this answer?
HYVP stands for
a)
High Yielding Varieties Product
b)
High Yielding Varieties Programme
c)
High Yielding Various Programme
d)
High Yielding Various Product
|
|
Aryan Khanna answered |
High Yielding Variety Programme (HYVP) The core philosophy of the programme was to increase the productivity of food grains by adopting latest varieties of inputs of crops. Introduction of new high yielding varieties of improved seeds and enhanced application of the fertilizers and extended use of pesticides were its main features.
Non-farm enterprises include- a)Professional
- b)Traders
- c)Shopkeepers
- d)All of these
Correct answer is option 'D'. Can you explain this answer?
Non-farm enterprises include
a)
Professional
b)
Traders
c)
Shopkeepers
d)
All of these
|
Priyanka Ravichandran answered |
Non farm enterprises are those which does not take part in agricultural activities.......or products.... so correct answer is d
One major factor that has stimulated the globalisation process is:- a)effective utilisation of resources
- b)increase in income and wealth
- c)willingness to cooperate
- d)rapid improvement in technology
Correct answer is option 'D'. Can you explain this answer?
One major factor that has stimulated the globalisation process is:
a)
effective utilisation of resources
b)
increase in income and wealth
c)
willingness to cooperate
d)
rapid improvement in technology
|
|
Kiran Mehta answered |
Rapid improvement in technology is definitely helped in stimulating the process of the globalization. Globalization is the process of interaction and integration among people, companies, and governments worldwide.
With the help of technology, it is so much faster to communicate across the world which has helped the businesses and companies to grow faster across the world.
With the help of technology, it is so much faster to communicate across the world which has helped the businesses and companies to grow faster across the world.
Gini Index is related to- a)Infant mortality rate
- b)Income Inequality
- c)Health
- d)Education
Correct answer is option 'B'. Can you explain this answer?
Gini Index is related to
a)
Infant mortality rate
b)
Income Inequality
c)
Health
d)
Education
|
|
Priya Patel answered |
In economics, the Gini coefficient is a measure of statistical dispersion
Infant mortality rate is as low as ___ per thousand in China compared with ___ per thousand in India- a)35, 65
- b)30, 60
- c)20,45
- d)30, 63
Correct answer is option 'D'. Can you explain this answer?
Infant mortality rate is as low as ___ per thousand in China compared with ___ per thousand in India
a)
35, 65
b)
30, 60
c)
20,45
d)
30, 63
|
|
Vikas Kapoor answered |
Infant mortality rate is as low as 30 per thousand in China compared with 63 per thousand in India, because of better infrastructure and higher health status of its people.
The Planning Commission has defined the poverty line on the basis of recommended nutritional requirement of ____ calories per person per day for rural areas- a)2100
- b)3200
- c)3500
- d)2400
Correct answer is option 'D'. Can you explain this answer?
The Planning Commission has defined the poverty line on the basis of recommended nutritional requirement of ____ calories per person per day for rural areas
a)
2100
b)
3200
c)
3500
d)
2400
|
|
Suresh Reddy answered |
It was based on minimum daily requirement of 2,400 and 2,100 calories for an adult in rural and urban areas, respectively.
Per capita per annum income of the ___ is 41,890 dollar that of ____ is 35,485 dollar and ___ 49,351 dollar- a)USA, Switzerland, Japan
- b)Japan ,USA, Switzerland
- c)Switzerland , USA, Japan
- d)USA, Japan, Switzerland
Correct answer is option 'D'. Can you explain this answer?
Per capita per annum income of the ___ is 41,890 dollar that of ____ is 35,485 dollar and ___ 49,351 dollar
a)
USA, Switzerland, Japan
b)
Japan ,USA, Switzerland
c)
Switzerland , USA, Japan
d)
USA, Japan, Switzerland
|
|
Jayant Mishra answered |
Per capita GDP is a measure of the total output of a country that takes gross domestic product (GDP) and divides it by
At the time of India independence mass illiteracy was- a)0.73
- b)0.88
- c)0.83
- d)0.65
Correct answer is option 'C'. Can you explain this answer?
At the time of India independence mass illiteracy was
a)
0.73
b)
0.88
c)
0.83
d)
0.65
|
Pranav Saha answered |
The correct answer for the question is option 'C', which states that the mass illiteracy rate at the time of India's independence was 0.83. Let's explore the context and significance of this answer in detail.
Context:
India gained independence from British rule on August 15, 1947. At the time of independence, the country faced numerous challenges, one of which was widespread illiteracy. Illiteracy refers to the inability to read and write, and it is a significant barrier to social and economic development. Overcoming illiteracy was a priority for the newly independent Indian government.
Explanation:
To understand the answer, it is essential to interpret the value of 0.83 in the given context. The value represents the illiteracy rate, expressed as a decimal fraction, at the time of India's independence. In other words, it signifies the proportion of the population that was unable to read and write.
At 0.83, the illiteracy rate indicates that approximately 83% of the population in India was illiterate at the time of independence. This suggests that the majority of the Indian population lacked basic education and literacy skills, posing a significant challenge for the nation's progress and development.
Significance:
The high illiteracy rate in India at the time of independence was a pressing concern for the new government. Addressing this issue was crucial for achieving social and economic development, as literacy plays a vital role in empowering individuals, reducing poverty, and promoting overall progress.
The Indian government recognized the importance of education and literacy in nation-building and initiated various measures to tackle illiteracy. These efforts included the establishment of schools, adult literacy programs, and initiatives to promote education in rural areas. Over time, these endeavors have significantly contributed to improving literacy rates in the country.
Today, India has made substantial progress in reducing illiteracy, with the literacy rate steadily increasing over the years. However, challenges still remain, particularly in remote and marginalized communities. The government continues to focus on expanding access to quality education and addressing the remaining pockets of illiteracy.
In conclusion, the illiteracy rate in India at the time of independence was approximately 0.83, indicating that around 83% of the population was illiterate. This underscores the significance of education and the efforts made by the Indian government to combat illiteracy and promote literacy as a crucial driver of development.
Context:
India gained independence from British rule on August 15, 1947. At the time of independence, the country faced numerous challenges, one of which was widespread illiteracy. Illiteracy refers to the inability to read and write, and it is a significant barrier to social and economic development. Overcoming illiteracy was a priority for the newly independent Indian government.
Explanation:
To understand the answer, it is essential to interpret the value of 0.83 in the given context. The value represents the illiteracy rate, expressed as a decimal fraction, at the time of India's independence. In other words, it signifies the proportion of the population that was unable to read and write.
At 0.83, the illiteracy rate indicates that approximately 83% of the population in India was illiterate at the time of independence. This suggests that the majority of the Indian population lacked basic education and literacy skills, posing a significant challenge for the nation's progress and development.
Significance:
The high illiteracy rate in India at the time of independence was a pressing concern for the new government. Addressing this issue was crucial for achieving social and economic development, as literacy plays a vital role in empowering individuals, reducing poverty, and promoting overall progress.
The Indian government recognized the importance of education and literacy in nation-building and initiated various measures to tackle illiteracy. These efforts included the establishment of schools, adult literacy programs, and initiatives to promote education in rural areas. Over time, these endeavors have significantly contributed to improving literacy rates in the country.
Today, India has made substantial progress in reducing illiteracy, with the literacy rate steadily increasing over the years. However, challenges still remain, particularly in remote and marginalized communities. The government continues to focus on expanding access to quality education and addressing the remaining pockets of illiteracy.
In conclusion, the illiteracy rate in India at the time of independence was approximately 0.83, indicating that around 83% of the population was illiterate. This underscores the significance of education and the efforts made by the Indian government to combat illiteracy and promote literacy as a crucial driver of development.
Trade between countries:- a)determines prices of products in different countries
- b)decreases competition between countries
- c)makes a country dependent on the other
- d)none of these
Correct answer is option 'A'. Can you explain this answer?
Trade between countries:
a)
determines prices of products in different countries
b)
decreases competition between countries
c)
makes a country dependent on the other
d)
none of these
|
|
Vikas Kapoor answered |
Following are some factors which affect the price of a commodity in different countries.
One of the major factors that affects the prices of goods is the difference in taxes and import duties across countries. When dealing in commodities, or any physical good, the cost to transport them must be included, resulting in different prices when commodities from two different locations are examined. Because transaction costs exist and can vary across different markets and geographic regions, prices for the same good can also vary between markets. Legal barriers such as capital controls, or in the case of wages, immigration restrictions, can lead to persistent price differentials rather than one price.
One of the major factors that affects the prices of goods is the difference in taxes and import duties across countries. When dealing in commodities, or any physical good, the cost to transport them must be included, resulting in different prices when commodities from two different locations are examined. Because transaction costs exist and can vary across different markets and geographic regions, prices for the same good can also vary between markets. Legal barriers such as capital controls, or in the case of wages, immigration restrictions, can lead to persistent price differentials rather than one price.
As per India Vision _____ Report prepared by Planning Commission India’s per capita income has doubled over the past 20 years- a)2015
- b)2005
- c)2020
- d)2010
Correct answer is option 'C'. Can you explain this answer?
As per India Vision _____ Report prepared by Planning Commission India’s per capita income has doubled over the past 20 years
a)
2015
b)
2005
c)
2020
d)
2010
|
|
Aryan Khanna answered |
The Committee on Vision 2020 was constituted by the Planning Commission in June, 2000, under the chairmanship of SP Singh, for crystallising the country’s vision for the future in the year 2020.The vision will reflect people’s aspirations, the full potentials of growth and development, and lay out the efforts needed to fulfill this vision.
The objective of this committee was, as described by Dr. Abdul Kalam, "Transforming the nation into a developed country, five areas in combination have been identified based on India's core competence, natural resources and talented manpower for integrated action to double the growth rate of GDP and realize the Vision of Developed India”
The objective of this committee was, as described by Dr. Abdul Kalam, "Transforming the nation into a developed country, five areas in combination have been identified based on India's core competence, natural resources and talented manpower for integrated action to double the growth rate of GDP and realize the Vision of Developed India”
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