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- Question
Economic planning in India is in____
Options- A. Union List
- B. State list
- C. Concurrent List
- D. None
- Correct Answer
- Concurrent List
- 1. 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
- 2. Short term contractions and expansions in economic activity are called ______________
Options- A. Expansions
- B. Recession
- C. Deficits
- D. The business cycle Discuss
- 3. 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
- 4. Tax on inheritance is called __________
Options- A. Excise duty
- B. Estate duty
- C. Gift tax
- D. Sales tax Discuss
- 5. The term 'Macro Economics' was used by __________
Options- A. J.M. Keynes
- B. Ragner Frisch
- C. Ragner Nurkse
- D. Prof. Knight Discuss
- 6. 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
- 7. 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
- 8. 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
- 9. If Reserve Bank of India reduces the cash reserve ratio, it will :
Options- A. increase credit creation
- B. decrease credit creation
- C. have no impact on credit creation
- D. have no definite impact on credit creation Discuss
- 10. What is the slowdown in the rate of increase of prices of goods & services in National GDP over time called?
Options- A. Deflation
- B. Disinflation
- C. Inflation
- D. Reflation Discuss
Indian Economy problems
Search Results
Correct Answer: Public sector and private sector industries
Correct Answer: The business cycle
Correct Answer: Phillips curve
Correct Answer: Estate duty
Correct Answer: Ragner Frisch
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
Correct Answer: increase credit creation
Correct Answer: Disinflation
Explanation:
In the rate ofinflation, disinflation is a decrease ?in a nation'sgross domestic productover time, a slowdown in the rate of increase of the generalprice levelof goods and services. It is the opposite ofreflation. When the increase in the ?consumer price level? it occurs disinflation and slows down from the previous period when the prices were rising.
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