Discussion
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- Question
Which of the following will cause an increase in demand for a good?
Options- A. an increase in income if the good is an inferior goods
- B. a decrease in the price of the goods
- C. a decrease in income if the good is a normal goods
- D. an increase in the price of its substitute goods
- Correct Answer
- an increase in the price of its substitute goods
- 1. IMF has predicted that the global economy would grow at _______ % in 2017.
Options- A. 5.5
- B. 4.5
- C. 3.5
- D. 2.5 Discuss
- 2. The change in the optimal quantity of a good when its price changes and the consumer?s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?
Options- A. Law of demand
- B. Substitution effect
- C. Problem of choice
- D. Optimal choice Discuss
- 3. In which of the following market forms a firm does not exercise control over price?
Options- A. Mixed Competition
- B. Monopoly
- C. Oligopoly
- D. Perfect Competition Discuss
- 4. Amartya Sen was awarded the Nobel Prize for his contribution to
Options- A. Monetary Economics
- B. Welfare Economics
- C. Environmental Economics
- D. Development Economics Discuss
- 5. Which among the following sponsors Regional Rural Banks (RRB'S)?
Options- A. Reserve Bank of India
- B. Foreign Banks
- C. National Commercial Banks
- D. Co-Operative Banks Discuss
- 6. ___________ is an alternative way of representing the production function.
Options- A. The Short Run
- B. The Long Run
- C. Isoquant
- D. Average product Discuss
- 7. Which one of the following is a development expenditure
Options- A. Irrigation expenditure
- B. Civil administration
- C. Debt services
- D. Grant in Aid Discuss
- 8. The Planning Commission of India is
Options- A. A Constitutional body
- B. An Independent and Autonomous body
- C. A Statutory body
- D. A non Statutory body Discuss
- 9. According to Census 2001, what is the percentage of male literacy
Options- A. 75.85
- B. 70
- C. 65
- D. 60 Discuss
- 10. Which state of India has recorded the highest rate of population growth in the last Census 2001
Options- A. Gujarat
- B. Manipur
- C. Nagaland
- D. Haryana Discuss
Indian Economy problems
Search Results
Correct Answer: 3.5
Correct Answer: Substitution effect
Correct Answer: Perfect Competition
Correct Answer: Welfare Economics
Explanation:
Amartya Sen, Indian economist who was awarded the 1998 Nobel Prize in Economic Sciences for his contributions to welfare economics and social choice theory and for his interest in the problems of society's poorest members
Correct Answer: National Commercial Banks
Correct Answer: Isoquant
Correct Answer: Irrigation expenditure
Correct Answer: A non Statutory body
Correct Answer: 75.85
Correct Answer: Nagaland
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