Discussion
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- Question
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
- Correct Answer
- Number of births per 1000 in 1 year
- 1. 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
- 2. 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
- 3. The demand for a normal good increases with ________ in the consumer's income.
Options- A. increase
- B. decrease
- C. constant
- D. double Discuss
- 4. Goods which are consumed together are called?
Options- A. Inferior goods
- B. Normal goods
- C. Complementary goods
- D. Substitute goods Discuss
- 5. Which answer figure will complete the pattern?
Options- A. X
- B. W
- C. V
- D. U Discuss
- 6. 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
- 7. 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
- 8. If for a perfectly competitive firm, price is Rs. 60, output is 300 units, average variable costs are Rs. 18, and average total costs are Rs. 36. The firm's profits are equal to
Options- A. Rs. 5400
- B. Rs. 3600
- C. Rs. 7200
- D. Rs. 1800 Discuss
- 9. If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.
Options- A. Equilibrium
- B. Excess Demand
- C. Excess Supply
- D. Marginal Revenue Discuss
- 10. The State Financial Corporations have given assistance mainly to develop___________.
Options- A. agriculture farms
- B. cottage industries
- C. medium and small-scale industries
- D. large scale industries Discuss
Indian Economy problems
Search Results
Correct Answer: Monopoly
Correct Answer: (a) Pure Monopoly, (b) Monopolistic competition
Correct Answer: increase
Correct Answer: Complementary goods
Correct Answer: U
Correct Answer: Number of females per 1000 males.
Correct Answer: Inclusive growth
Correct Answer: Rs. 7200
Correct Answer: Excess Supply
Correct Answer: medium and small-scale industries
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