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  • Question
  • National Income refers to ___________


  • Options
  • A. money value of goods and services produced in a country during a year
  • B. money value of stocks and shares of a country during a year
  • C. money value of capital goods produced by a country during a year
  • D. money value of consumer goods and services produced in a country during a year

  • Correct Answer
  • money value of goods and services produced in a country during a year  


  • Indian Economy problems


    Search Results


    • 1. Fixed Foreign Exchange Rate can be changed by

    • Options
    • A. RBI
    • B. SEBI
    • C. Ministry of Finance
    • D. FIPB
    • Discuss
    • 2. Pump priming should be resorted to at a time of?

    • Options
    • A. Inflation
    • B. Deflation
    • C. Stagflation
    • D. Reflation
    • Discuss
    • 3. Money market is a market for _______________

    • Options
    • A. Short term fund
    • B. Long term fund
    • C. Negotiable instruments
    • D. Sale of shares
    • Discuss
    • 4. In which of the following case, law of demand fails?

    • Options
    • A. Giffen goods
    • B. Normal goods
    • C. Inferior goods
    • D. Both Giffen and Inferior goods
    • Discuss
    • 5. Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?

    • Options
    • A. Amazon
    • B. Flipkart
    • C. Snapdeal
    • D. eBay
    • Discuss
    • 6. On 24 October 2017, the Government of India announced a massive of ______ package to boost economy

    • Options
    • A. Rs 7 lakh crore
    • B. Rs 9 lakh crore
    • C. Rs 15 lakh crore
    • D. Rs 5 lakh crore
    • Discuss
    • 7. The term 'Macro Economics' was used by __________

    • Options
    • A. J.M. Keynes
    • B. Ragner Frisch
    • C. Ragner Nurkse
    • D. Prof. Knight
    • Discuss
    • 8. Tax on inheritance is called __________

    • Options
    • A. Excise duty
    • B. Estate duty
    • C. Gift tax
    • D. Sales tax
    • Discuss
    • 9. Which curve shows the inverse relationship between unemployment and inflation rates

    • Options
    • A. Supply curve
    • B. Indifference curve
    • C. IS curve
    • D. Phillips curve
    • Discuss
    • 10. Short term contractions and expansions in economic activity are called ______________

    • Options
    • A. Expansions
    • B. Recession
    • C. Deficits
    • D. The business cycle
    • Discuss


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