Tag: economic reconstruction

The central problem of a society refers to all such prominent problems that affect the civilians of that society directly. Therefore, the problem of 'how to eat' is the problem of deciding the accurate consumption by an individual through various commodities available to him. 

Corruption is an arrangement of dishonesty or against the law crime is undertaken by a person or organization entrusted with a situation of influence. Corruption is steady in society and occurs in all civilization. The majority general cause of corruption is the political and economic environment, personal ethics and morality and of courses, habits, customs, tradition, and demography. 

Its effects on the economy are well-research, yet still not completely.  Corruption thus inhibits financial growth and affects business operation, employment and investments. It also reduces tax revenue and the effectiveness of various financial support programs.

The correct option is D.

It is a very well known fact that human wants are unlimited as if on need is satisfied then there are generations of many other needs which are to be satisfied. Therefore, every economy is characterized by humans which refers to unlimited wants and needs. 

Corruption erodes the expectation we have in the public sector to act in our best interests. It also wastes our taxes or rates that have been earmark for the important centre of population projects – meaning we have to put up with poor quality services or infrastructure or we miss out altogether. 

Fiscal loss, damage to employee morale, damage to an organisation's reputation, organisational focus and resources abstracted away from delivering core business and services to the community increased scrutiny, oversight and regulation.

The correct option is B.

The problem of what goods and services are produced and how much, is covered by the general term Resource Allocation. Allocation of resources refers to the problem of assigning the scarce resources in such a manner so that the maximum wants of the society are fulfilled. As the resources are limited in relation to the unlimited wants, it is important to economize their use and utilize them in the most efficient manner. 

Commodity service method also known as value added method refers to a method for calculating the national income of quoted price of a commodity in general where the amount of cost in each level of production is added to generate the total price of the commodity including the normal profit for the production unit. 

Corruption is a shape of dishonesty or illegal crime undertakes by a person or organization entrusted with a place of authority. The negative belongings of corruption it reduces foreign direct and domestic investments, increase inequality and poverty, raises the number of freeloaders in the economy, distorts and exploits public investments and reduces public revenues. 

There are many causes of corruption like the greed of money, higher levels of market and political monopolization, low levels of democracy, lows economic freedom.

The correct option is D.

The scarce resources of an economy have competing usages. In other words, every society has to decide on how to use its scarce resources. 

Dividend is the allocation of reward from a segment of the company's income and is paid to a class of its shareholders. Dividends are decided and managed by the company's board of directors, although they must be accepted by the shareholders from side to side their voting rights. 

Walter and Gordon not compulsory that shareholders favour current dividend and therefore a positive relation­ship exist between dividend and market value. The reason put following this argument is that investor is generally risk-averse and that they prefer current the dividend, attaching lesser importance to future divi­dends or capital gains.

The correct answer is D.

The Reserve Bank of India was established on 1st Apr,1935 Kolkata.