Bissoy.com
Doctors Medicines MCQs Q&A

Which one is odd? 1. Economic Policies 2. Economic Planning 3. Socio-cultural factors 4. Macroeconomic scenario

Which one is odd? 1. Economic Policies 2. Economic Planning 3. Socio-cultural factors 4. Macroeconomic scenario Correct Answer 3

Socio-Cultural factors are the odd ones.

Sociocultural factors are the larger scale forces within cultures and societies that affect the thoughts, feelings, and behaviors.

Such factors include:

  • Attitudes
  • Child-rearing practices
  • Cross-cultural difference
  • Cultural deprivation
  • Cultural identity
  • Culture change
  • Discrimination
  • Ethnic identity
  • Ethnic values, etc

Other options are pertaining to Economic Environment like:

1. Economic Policies: An economic policy is a course of action that is intended to influence or control the behavior of the economy. Examples of economic policies include decisions made about government spending and taxation, about the redistribution of income from rich to poor, and about the supply of money.

2. Economic Planning: Economic planning is a resource allocation system based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism.

3. Macroeconomic scenario: As the term implies, macroeconomics looks at the overall, big-picture scenario of the economy. Put simply, it focuses on the way the economy performs as a whole and then analyzes how different sectors of the economy relate to one another to understand how the aggregate functions.

Related Questions

Consider the following statements: a. Indian planning is indicative of economic planning. b. Indian planning is physical planning. c. Indian planning is social planning. Which of the statements given above are correct?
Which of the following components are true about tax planning?
1. Tax planning is the process of analyzing a financial plan or a situation from a tax perspective.
2. The objective of tax planning is to make sure there is tax efficiency. With the help of tax planning, one can ensure that all elements of a financial plan can function together with maximum tax-efficiency.
3. Reducing tax liability and increasing the ability to make contributions towards retirement plans are critical for success.
4. Tax planning comprises various considerations such as size, the timing of income, timing of purchases, and planning are concerned with other kinds of expenditures.
5. The chosen investments and the various retirement plans should go hand-in-hand with the tax filing status as well as the deductions in order to create the best possible outcome.
Consider the following statements with reference to the Macroeconomic Vulnerability index. 1. Macroeconomic Vulnerability Index is released by IMF yearly. 2. This Index adds together the rate of inflation, current account deficit, and fiscal deficit of a country. Which of the statements given above is/are correct?
Which is the following statement is/are true? I. Odd + Odd = Even II. Odd + Odd + Odd = Odd
There are two rows, each containing 3 numbers. Some rules are given below to be used for obtaining the resultant number for each row separately. Apply the rules for each row from left to right and answer the question. Rules: i. If an even number is followed by an even number, the first is to be subtracted from the second. ii. If an odd number is followed by an odd number, both are to be added. iii. If an odd number is followed by an even number, the even number is to be subtracted from the square of the odd number. iv. If an even number is followed by an odd number, the odd number is to be subtracted from the even number. Row I: 28, 19, 12 Row II: 13, 7, 32 What is the average of the resultant numbers of the first row and the second row?
There are two rows, each containing 3 numbers. Below are some rules to be used to get the resultant number for each row separately. Use the rule from left to right for each row and find the answer to the question. Rule: 1. If an even number is followed by an even number, then the first number will be subtracted from the second. 2. If an odd number is followed by an odd number, then both will be added. 3. If an odd number is followed by an even number, then the even number will be subtracted from the square of the odd number. 4. If an even number is followed by an odd number, then the odd number will be subtracted from the even number. Row I: 9,11, 34 Row II: 16, 9, 8 What is the difference between the resultant numbers in the first row and the second row
Let the statement be “If n is not an odd integer then sum of n with some not odd number will not be odd.”, then if P(n) is “n is an not an odd integer” and Q(n) is “sum of n with some not odd number will not be odd.” A proof by contraposition will be ________
What is true for Planning in India? 1. In August 1937, the Congress Working Committee at its meeting in Wardha adopted a resolution of national reconstruction and social planning. 2. Subhash Chandra Bose, in his presidential speech at Haripura declared that the national state on the advice of the planning commission would adopt a comprehensive scheme. 3. Modi Government renamed ‘Planning Commission’ as 'Niti Aayog’ 4. Subhash Chandra Bose announced the formation of a National Planning Committee with Jawaharlal Nehru as Chairman in 1938.
In the following question, sentences of a paragraph have been jumbled and labelled as A, B, C and D. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. A: Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply or increasing government spending and decreasing taxation. B: This may be triggered by various events, such as a financial crisis, an external trade shock, or a large-scale natural disaster (e.g. a pandemic). C: In economics, a recession is a business cycle contraction when there is a general decline in economic activity. D: Recessions generally occur when there is a widespread drop in spending.
Which of the following statement is true? I. Odd × Odd × Odd = Even II. Odd × Odd = Even