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- Answered
- Review
- Question 1 of 50
1. Question
In calculating National Income which of the following is included?
- Question 2 of 50
2. Question
Bank-rate is the rate at which
- Question 3 of 50
3. Question
ECO MARC is a symbol related to :
- Question 4 of 50
4. Question
Consider the following reasons of continuous decline in average land-holding size in India:
- Law of inheritance
- Consolidation
- Farm mechanisation
- Desire of land ownership
Pick the correct answer from the options given below:
- Question 5 of 50
5. Question
Which of the following sets belong to Central lax ?
- Question 6 of 50
6. Question
In the law of demand, the statement “Other things remain constant” means
- Question 7 of 50
7. Question
A firm is in equilibrium when its
- Question 8 of 50
8. Question
Given the money wages, if the price level in an economy increases, then the real wages will
- Question 9 of 50
9. Question
The difference between visible exports and visible imports is defined as
- Question 10 of 50
10. Question
What is Value Added Tax (VAT) ?
- Question 11 of 50
11. Question
The outcome of ‘devaluation of currency’ is
- Question 12 of 50
12. Question
The common currency which has been introduced among 11 European Nations is known as
- Question 13 of 50
13. Question
What is referred to as ‘Depository Services’ ?
- Question 14 of 50
14. Question
Industrial exit policy means
- Question 15 of 50
15. Question
Which authority decides about the States’ share in central taxes ?
- Question 16 of 50
16. Question
The ‘Interest Rate Policy’ is a component of
- Question 17 of 50
17. Question
In the budget figures of the Government of India, fiscal deficit is:
- Question 18 of 50
18. Question
Which State has the lowest per capita income in India ?
- Question 19 of 50
19. Question
‘Gresham’s Law’ in Economics relates to
- Question 20 of 50
20. Question
A mixed economy works primarily through the
- Question 21 of 50
21. Question
Which of the following Mahatma Gandhi series of currency notes issued by the RBI has “ecology” depicted on it?
- Question 22 of 50
22. Question
Which country/countries started privatisation of State-owned enterprises as a major State Policy?
- Question 23 of 50
23. Question
Which is the Agency the Government has engaged to grade the standardise various agricultural products?
- Question 24 of 50
24. Question
What is the purpose of the India Brand Equity Fund?
- Question 25 of 50
25. Question
Which authority recommends the principles governing the grants-in-aid of the revenues of the States out of the Consolidated Fund of India ?
- Question 26 of 50
26. Question
Which of the following Mahatma Gandhi series of currency notes issued by the RBI has a drawing of the ‘Parliament House’ depicted on it?
- Question 27 of 50
27. Question
What are “Open Market Operations”?
- Question 28 of 50
28. Question
Special Drawing Rights (SDR) facility is available at
- Question 29 of 50
29. Question
What is referred to as “Depository Services” ?
- Question 30 of 50
30. Question
Which of the following groups suffer the most from inflation?
- Question 31 of 50
31. Question
An economy is in equilibrium when
- Question 32 of 50
32. Question
The best way, a bank can avoid loss is to
- Question 33 of 50
33. Question
If the price of an inferior good falls, its demand
- Question 34 of 50
34. Question
The Marginal Utility Curve slopes downward from left to right indicating
- Question 35 of 50
35. Question
How does the consumer benefit with VAT?
- Question 36 of 50
36. Question
Capital output ratio of a commodity measures
- Question 37 of 50
37. Question
In estimating the budgetary deficit, the official approach in India is to exclude
- Question 38 of 50
38. Question
In equilibrium, a perfectly competitive firm will equate
- Question 39 of 50
39. Question
The existence of a Parallel Economy or Black Money
- Question 40 of 50
40. Question
Which of the following is an open market operation of the RBI?
- Question 41 of 50
41. Question
How will a reduction in ‘Bank Rate’ affect the availability of credit ?
- Question 42 of 50
42. Question
When a large number of investors in a country transfer investments elsewhere because of disturbed economic conditions, it is called
- Question 43 of 50
43. Question
‘Golden Handshake Scheme’ is associated with
- Question 44 of 50
44. Question
Inflation occurs when aggregate supply is
- Question 45 of 50
45. Question
In Economics, production means
- Question 46 of 50
46. Question
According to modern thinking, the law of diminishing returns applies to
- Question 47 of 50
47. Question
The concept that under a system of free enterprise, it is consumers who decide what goods and services shall be produced and in what quantities is known as
- Question 48 of 50
48. Question
Seawater, fresh air, etc., are regarded in Economics as
- Question 49 of 50
49. Question
If the price of tea falls, demand for coffee will
- Question 50 of 50
50. Question
Which of the following does not determine supply of labour?