Discussion
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- Question
Short term contractions and expansions in economic activity are called ______________
Options- A. Expansions
- B. Recession
- C. Deficits
- D. The business cycle
- Correct Answer
- The business cycle
- 1. 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
- 2. Tax on inheritance is called __________
Options- A. Excise duty
- B. Estate duty
- C. Gift tax
- D. Sales tax Discuss
- 3. The term 'Macro Economics' was used by __________
Options- A. J.M. Keynes
- B. Ragner Frisch
- C. Ragner Nurkse
- D. Prof. Knight Discuss
- 4. 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
- 5. 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 Discuss
- 6. The concept of joint sector implies cooperation between
Options- A. Public sector and private sector industries
- B. State Government and Central Government
- C. Domestic and Foreign Companies
- D. None of these Discuss
- 7. Economic planning in India is in____
Options- A. Union List
- B. State list
- C. Concurrent List
- D. None Discuss
- 8. For each perfectly competitive firm in the long run
Options- A. price = marginal costs = average variable costs
- B. price = average profit
- C. price = marginal costs = minimum average total costs
- D. price = minimum average variable costs Discuss
- 9. According to the report by the Commerce Ministry ?Logistics Ease Across Different States (LEADS)?, which of the following state has topped the Logistic Index Chart?
Options- A. Maharashtra
- B. Andhra Pradesh
- C. Gujarat
- D. Karnataka Discuss
- 10. In a cut motion, when the amount of demand is reduced by Rs 100/ , it is known as
Options- A. Disapproval of policy cut
- B. Economy cut
- C. Vote on Account
- D. Token cut Discuss
Indian Economy problems
Search Results
Correct Answer: Phillips curve
Correct Answer: Estate duty
Correct Answer: Ragner Frisch
Correct Answer: Rs 9 lakh crore
Correct Answer: money value of goods and services produced in a country during a year
Correct Answer: Public sector and private sector industries
Correct Answer: Concurrent List
Correct Answer: price = marginal costs = minimum average total costs
Correct Answer: Gujarat
Explanation:
According to the report by the Commerce Ministry ?Logistics Ease Across Different States (LEADS)?, Gujarat has topped the Logistic Index Chart, an indicator of the efficiency of logistics services necessary for promoting exports in particular, and economic growth in general. Gujarat is followed by Punjab, Andhra Pradesh, Karnataka and Maharashtra on the index.
Correct Answer: Token cut
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