Discussion
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- Question
The demand for a normal good increases with ________ in the consumer's income.
Options- A. increase
- B. decrease
- C. constant
- D. double
- Correct Answer
- increase
- 1. Goods which are consumed together are called?
Options- A. Inferior goods
- B. Normal goods
- C. Complementary goods
- D. Substitute goods Discuss
- 2. Which answer figure will complete the pattern?
Options- A. X
- B. W
- C. V
- D. U Discuss
- 3. Which of the following is represented by 'Lorenz Curve'?
Options- A. Employment
- B. Inflation
- C. Deflation
- D. Income Distribution Discuss
- 4. Which among the following is not an instrument of fiscal policy?
Options- A. Taxation
- B. Public expenditure
- C. Public debt
- D. Credit Rationing Discuss
- 5. Which among the following is not a direct tax?
Options- A. Income tax
- B. Wealth tax
- C. Corporate tax
- D. None of these Discuss
- 6. 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
- 7. 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
- 8. 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
- 9. 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
- 10. The second Green Revolution aims at increasing agricultural output to promote
Options- A. Availability of easy credit to big farmers
- B. Co-operative farming
- C. Inclusive growth
- D. Development of rural sector Discuss
Indian Economy problems
Search Results
Correct Answer: Complementary goods
Correct Answer: U
Correct Answer: Income Distribution
Correct Answer: Credit Rationing
Correct Answer: None of these
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.
Correct Answer: Inclusive growth
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