Question
Which economic system aims to strike a balance between
private enterprise and state intervention to curb the extreme inequalities generated by pure capitalism ?Solution
A mixed economy aims to balance private enterprise with state intervention to address the extreme inequalities often associated with pure capitalism. Laissez-faire (a) denotes minimal government intervention, socialism (b) focuses on state ownership, and command economy (d) involves total government control
A man spent 45% of his income in May. If his savings is increased by 30% in June and becomes Rs. 7150, then find the income of man in May.
In a test, P got 35% of total marks and failed by 30 marks while Q got 46% of total marks which is 20 more than passing marks. Find the total marks of t...
A housewife saved Rs. 2.50 in buying an item on sale. If she spent Rs. 25 for the item, approximately how much percent she saved in the transacti...
Meenu spent 10% of the salary on entertainment and 10% on makeup. She spent 20% of the remaining on the food and 50% of the remaining invested in mutual...
Gagan and Magan have their monthly incomes in the ratio of 9:7 while their monthly expenditures are in the ratio of 6:5, if they have saved Rs. 15000 an...
In a Lok Sabha election, two candidates vied for a parliamentary seat. Out of the total eligible voters in the constituency, 20% opted not to exercise t...
In a test, P got 26% of total marks and failed by 30 marks while Q got 46% of total marks which is 24 more than passing marks. Find the total marks of t...
In a certain school, 60% of the students are girls, and the rest are boys. If the number of boys in the school is 480, how many students are there in to...
Alloy A contains copper and zinc in the ratio 4:5 and alloy B contains copper and zinc in the ratio 7:2. A and B are taken in the ratio 7:4 and melted t...
- If the price of a milk packet is reduced by 20%, by what percentage should a family increase its consumption of milk to ensure that their total expenditure...
Relevant for Exams:
