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Ram97
Ram97
MCQ's or Theory???
Dark Destination
Dark Destination
Theory :p It was a tricky paper.
Ram97
Ram97
As long as I remember....
Sec B Q.1 wasa about opportunity cost, PPC, economic problem
Q.2 demand and supply
Q.3 Banks, Trade Union, Economies of Scale
Then there as one abt MNC's
and Balance of Trade
Dark Destination
Dark Destination
The question about agriculture and bankers. what did you write there?
Ram97
Ram97
In sec 2??
Dark Destination
Dark Destination
Question no 3 section 2!
Ram97
Ram97
Was that about differences in wages???
Dark Destination
Ram97
Ram97
Well, I wasn't able to complete that qs. but there we had to tell differences b/w wages in primary and tertiary sector.
I don't remember what i wrote :p
I found it from a website a day before the paper. Unfortunately, i can't find that website
Dark Destination
Dark Destination
I wrote that Banking is a more reputable job, as compared to farm workers, so they are more paid. But that is not always necessary. The wage rate/salary is not just a matter of repute. According to the laws of Economics, it depends on the supply and demand of the workers.
Dark Destination
Dark Destination
In a country, where farming is not a major profession (Developed countries), farmers might be more highly paid, as compared to developing countries. And bank workers might be in high supply in a country, so low paid.. it all depends on supply and demand. I elaborated both sides.
Ram97
Ram97
There were less points for that qs. but you can get high marks depending on ur elaboration
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