Discussion
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- Question
Goods which are consumed together are called?
Options- A. Inferior goods
- B. Normal goods
- C. Complementary goods
- D. Substitute goods
- Correct Answer
- Complementary goods
- 1. Which answer figure will complete the pattern?
Options- A. X
- B. W
- C. V
- D. U Discuss
- 2. Which of the following is represented by 'Lorenz Curve'?
Options- A. Employment
- B. Inflation
- C. Deflation
- D. Income Distribution Discuss
- 3. Which among the following is not an instrument of fiscal policy?
Options- A. Taxation
- B. Public expenditure
- C. Public debt
- D. Credit Rationing Discuss
- 4. Which among the following is not a direct tax?
Options- A. Income tax
- B. Wealth tax
- C. Corporate tax
- D. None of these Discuss
- 5. Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?
Options- A. NASDAQ Index
- B. BSE Index
- C. Consumer Price Index
- D. Wholesale Price Index Discuss
- 6. The demand for a normal good increases with ________ in the consumer's income.
Options- A. increase
- B. decrease
- C. constant
- D. double Discuss
- 7. Match the characteristics with their market structure: (a) Price > MC in both short and long run (b) Faces highly elastic demand
Options- A. (a) Monopolistic competition, (b) Pure competition
- B. (a) Pure Monopoly, (b) Monopolistic competition
- C. (a) Pure competition, (b) Monopolistic competition
- D. (a) Oligopoly, (b) Pure competition Discuss
- 8. A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.
Options- A. Perfect Competition
- B. Monopoly
- C. Oligopoly
- D. Monopolistic Competition Discuss
- 9. Birth rate in a country is defined as
Options- A. Number of births per 100 in 1 year
- B. Number of births per 1000 in 1 year
- C. Number of births per km of area in 1 year
- D. Number of births per 100 km of area in 1 year Discuss
- 10. Which of the following is the correct description of the term sex-ratio as used in the context of the census of population?
Options- A. Number of males per 1000 females.
- B. Number of females per 1000 males.
- C. Number of females per 100 males.
- D. Number of females in a sample of 1000 persons. Discuss
Indian Economy problems
Search Results
Correct Answer: U
Correct Answer: Income Distribution
Correct Answer: Credit Rationing
Correct Answer: None of these
Correct Answer: Consumer Price Index
Explanation:
The Wholesale Price Index (WPI) was main index for measurement of inflation in India till April 2014 when RBI adopted new Consumer Price Index (CPI) as the key measure of inflation.
Correct Answer: increase
Correct Answer: (a) Pure Monopoly, (b) Monopolistic competition
Correct Answer: Monopoly
Correct Answer: Number of births per 1000 in 1 year
Correct Answer: Number of females per 1000 males.
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