GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Unemployment rate decreases with industrialization
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Economics is a social science that studies human behaviour.
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Looking at the current condition of farmers, the government is expected to decrease the rate of interest on loan.
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India spends a huge amount of money on national defense.
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Detailed explanation-1: -The average Indian farm family works 80 hours per week, and earns about $3000.00 in a year. His wife and children work with him in the field, whereas an American farmer earns $60000.00 in a year working 80 hours per week.
Detailed explanation-2: -What kind of problems do farmers face? Farmers need to deal with many problems, including how to: Cope with climate change, soil erosion and biodiversity loss. Satisfy consumers’ changing tastes and expectations.
Detailed explanation-3: -Livestock Based Integrated Farming System is the most promising option for small and marginal farmers. It not only enhances the nutritional and economic status of farm families but also increases employment opportunities and makes optimal use of farm resources.
Detailed explanation-4: -The correct option is [4] i.e. Diseases possess a smaller risk to organic farming. Explanation: It is the practice of farming or raising of crops and other livestock without using any inorganic chemical fertilizers, pesticides, or any other genetically modified organisms.