CoolInterview.com - World's Largest Collection of Interview Questions & Answers, FAQs, queries, sample papers, exam papers, dumps, what, why, how, where, when questions OneStopTesting.com - Testing EBooks, Tutorials, Articles, Jobs, Training Institutes etc.
OneStopGate.com - Gate EBooks, Tutorials, Articles, FAQs, Jobs, Training Institutes etc.
OneStopMBA.com - MBA EBooks, Tutorials, Articles, FAQs, Jobs, Training Institutes etc.
OneStopIAS.com - IAS EBooks, Tutorials, Articles, FAQs, Jobs, Training Institutes etc.
OneStopSAP.com - SAP EBooks, Tutorials, Articles, FAQs, Jobs, Training Institutes etc.
OneStopGRE.com - of GRE EBooks, Tutorials, Articles, FAQs, Jobs, Training Institutes etc.

Sponsored Links

Interview Questions
Home Data WarehousingDatabaseMicrosoftJ2EEProgramming LanguagesNetworkingOperating SystemsOraclePeopleSoftSAPSiebelGeneralComputer HardwareMainframeOracle AppsWebTestingMultimediaAccountsComputersProtocolsArtsCommercePolice OfficersCall CenterAerospaceScienceMBBSCertification ExamsBusiness IntelligenceAlgorithmMarketingWeb Sphere PortalServersOpen Source ApplicationsBusiness ManagementInsuranceLoanIndian Financial SystemCommon Proficiency Test (CPT)InvestmentTaxLatest Technologies



INTERVIEW QUESTIONS COMMON PROFICIENCY TEST (CPT) INTRODUCTION TO MICRO ECONOMICS DETAILS

Question: Explain the process of calculating the planned activity output through Long term planning?

Answer: c)How society manages its scarce resources
Description:
Society has scarce resources and unlimited wants. Economics is the study of how to manage the scarce resources to fulfil the unlimited ends. Economics deals with how to make optimum utilization of scarce resources.

Category Introduction to Micro Economics Interview Questions & Answers - Exam Mode / Learning Mode
Rating (0.2) By 8729 users
Added on 7/26/2016
Views 70404
Rate it!

Question: Explain the process of calculating the planned activity output through Long term planning?

Answer:

c)How society manages its scarce resources
Description:
Society has scarce resources and unlimited wants. Economics is the study of how to manage the scarce resources to fulfil the unlimited ends. Economics deals with how to make optimum utilization of scarce resources. Source: CoolInterview.com


If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-
  • There should not be any Spelling Mistakes.
  • There should not be any Gramatical Errors.
  • Answers must not contain any bad words.
  • Answers should not be the repeat of same answer, already approved.
  • Answer should be complete in itself.
Name :*
Email Id :*
Answer :*
Verification Code Code Image - Please contact webmaster if you have problems seeing this image code Not readable? Load New Code
Process Verification Enter the above shown code: *
Inform me about updated answers to this question
Related Questions
View Answer
If the opportunity cost is constant, then PPC would be: a)Convex b)Straight line c)Backward bending d)Concave
View Answer
Which of these would cause a rightward shift of the PPC curve? a)Improvement in technology b)Greater capital formation c)Increase in population d)All of these
View Answer
According Robbins, 'means' are: a)Scarce b)Unlimited c)Undefined d)All of these
View Answer
Under inductive method , the logic proceeds from: a)General to particulars b)Particular to general c)Both (a) and (b) d)None
View Answer
In a free market economy, when consumers increase their purchase of a item, the price increases due to

a)Demand,Supply
b)Regulation
c)Cartelisation
d)Production of items
View Answer
How are depreciation keys defined?
View Answer
Under a free economy ,prices are: a)Regulated b)Determined through free interplay of demand and supply c)Partly Regulated d)None of these
View Answer
In which type of economy do consumers and producers make their choices based on the market forces of demand and supply? a)Open Economy b)Controlled Economy c)Command Economy d)Market Economy
View Answer
A study of how increase in the corporate income tax rate will affect the natural unemployment rate is an example of: a)Macro Economics b)Descriptive Economics b)Micro Economics d)Normative Economics
View Answer
The branch of economic theory that deals with the problem of optimum utilization of resources is called?
a)Micro Economics
a)Analytics
a)Finance
a)International Business
View Answer
What is the clearing basis for check deposit?
View Answer

Please Note: We keep on updating better answers to this site. In case you are looking for Jobs, Pls Click Here Vyoms.com - Best Freshers & Experienced Jobs Website.

View All Introduction to Micro Economics Interview Questions & Answers - Exam Mode / Learning Mode



User Options
India News Network

Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal


Fresher Jobs | Experienced Jobs | Government Jobs | Walkin Jobs | Company Profiles | Interview Questions | Placement Papers | Companies In India | Consultants In India | Colleges In India | Exams In India | Latest Results | Notifications In India | Call Centers In India | Training Institutes In India | Job Communities In India | Courses In India | Jobs by Keyskills | Jobs by Functional Areas

Testing Articles | Testing Books | Testing Certifications | Testing FAQs | Testing Downloads | Testing Interview Questions | Testing Jobs | Testing Training Institutes

Gate Articles | Gate Books | Gate Colleges | Gate Downloads | Gate Faqs | Gate Jobs | Gate News | Gate Sample Papers | Gate Training Institutes

MBA Articles | MBA Books | MBA Case Studies | MBA Business Schools | MBA Current Affairs | MBA Downloads | MBA Events | MBA Notifications | MBA FAQs | MBA Jobs
MBA Job Consultants | MBA News | MBA Results | MBA Courses | MBA Sample Papers | MBA Interview Questions | MBA Training Institutes

GRE Articles | GRE Books | GRE Colleges | GRE Downloads | GRE Events | GRE FAQs | GRE News | GRE Training Institutes | GRE Sample Papers

IAS Articles | IAS Books | IAS Current Affairs | IAS Downloads | IAS Events | IAS FAQs | IAS News | IAS Notifications | IAS UPSC Jobs | IAS Previous Question Papers
IAS Results | IAS Sample Papers | IAS Interview Questions | IAS Training Institutes | IAS Toppers Interview

SAP Articles | SAP Books | SAP Certifications | SAP Companies | SAP Study Materials | SAP Events | SAP FAQs | SAP Jobs | SAP Job Consultants
SAP Links | SAP News | SAP Sample Papers | SAP Interview Questions | SAP Training Institutes |


Copyright ©2003-2024 CoolInterview.com, All Rights Reserved.
Privacy Policy | Terms and Conditions