- Economic Analysis
- Engineering cost analysis
- Engineering economy
- Design cost analysis
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What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration?
Answer: Option 3 Let'
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When was the International Monetary Fund established?
Answer: Option 1 The IMF formally came into existence on 27 December 1945, when the first 29 countries ratified its Articles of Agreement.
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In economics, what a consumer is ready to pay minus what he actually pays, is termed as?
Answer: Option 2 In economics, what a consumer is ready to pay minus what he actually pays, is termed as Consumer's surplus. Consumer surplus is defined as the difference between...
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What refers to Linear Programming that includes an evaluation of relative risks and uncertainties in various alternatives of choice for management decisions ?
Answer: Option 3 Probabilistic Programming and Stochastic Programming refers to Linear Programming that includes an evaluation of relative risks and uncertainties in various alternatives of choice for management decisions. Probabilistic...
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Directions : Each of the following question consists of a statement followed by two arguments I and II. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should all the infrastructural development projects in India be handed over to the private sector Arguments : I. No. The private sector entities are not equipped to handle such projects. II. Yes. Such projects are handled by private sector in the developed countries.?
Answer: Option 4 Clearly, such projects if handed over to the private sector shall be given to a competent authority. So, argument I is vague. Also, imitating a policy on...
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Directions : Each of the following question consists of a statement followed by two arguments I and II. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should the educated unemployed youth be paid "unemployment allowance" by the Government Arguments : I. Yes. It will provide them some monetary help to either seek employment or to kick-start some 'self-employment' venture. II. No. It will dampen their urge to do something to earn their livelihood and thus promote idleness among the unemployed youth.?
Answer: Option 5 Young people, who do not get employment due to the large number of applicants in all fields, must surely be given allowance so that they can support...
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Statement : A large number of engineering graduates in the country are not in a position to have gainful employment at present and the number of such engineers is likely to grow in the future. Courses of Action : I. The government should launch attractive employment generation schemes and encourage these graduates to opt for such schemes to use their expertise and knowledge effectively. II. This happened due to proliferation of engineering colleges in the country and thereby lowered the quality of the engineering graduates. Those colleges which are not equipped to impart quality education should be closed down.?
Answer: Option 2 The emphasis should be not on the Government putting all the engineering graduates to jobs but on the colleges producing not 'degree-holders' but real technical minds which...
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Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer : I. There is unprecedented increase in the number of young unemployed in comparison to the previous year. II. A large number of candidates submitted applications against an advertisement for the post of manager issued by a bank.?
Answer: Option 1 An increase in the number of unemployed youth is bound to draw in huge crowds for a single vacancy.
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Which of the following is not a form of evaluation research?
Answer: Option 4 Programme evaluation is not a form of evaluation research.
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