Discussion
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- Question
Which among the following is an example of micro-economic variable?
Options- A. National Income
- B. Aggregate Supply
- C. Employment
- D. Consumer's Equilibrium
- Correct Answer
- Consumer's Equilibrium
- 1. Which one of the following is not an instrument of credit control in India?
Options- A. Rationing of credit
- B. Direct Action
- C. Open Market operations
- D. Variable cost reserve ratios Discuss
- 2. Which among the following is not an account under Balance of Payment?
Options- A. Current Account
- B. Capital Account
- C. Official Reserves Account
- D. Unilateral Payments Account Discuss
- 3. When there is only one buyer and one seller of product, it is called _____ situation.
Options- A. Public monopoly
- B. Bilateral monopoly
- C. Franchised monopoly
- D. Monopsony Discuss
- 4. Which one of the following is also regarded as Disguised unemployment?
Options- A. Underemployment
- B. Frictional unemployment
- C. Seasonal unemployment
- D. Cyclical unemployment Discuss
- 5. According to the law of diminishing marginal utility, as the amount of a good consumed increases, the marginal utility of that good tends to
Options- A. improve
- B. diminish
- C. remain constant
- D. first diminish and then improve Discuss
- 6. Which of the following taxes is levied by the State Government only?
Options- A. Wealth tax
- B. Entertainment tax
- C. Income tax
- D. Gift tax Discuss
- 7. HDI is an aggregate measure of progress in which of the three dimensions?
Options- A. Health, Education, Income
- B. Food Security, Employment, Income
- C. Agriculture, Industry, Services
- D. Height, Weight, Colour Discuss
- 8. Which of the following rate is charged by banks to their most credit worthy customers?
Options- A. Prime Lending Rate
- B. Statutory Liquidity Rate
- C. Bank Rate
- D. Repo Rate Discuss
- 9. Medium term loans are provided for a period of _____.
Options- A. 1 year to 2 years
- B. 15 months to 3 years
- C. 15 months to 4 years
- D. 1 year to 3 years Discuss
- 10. Which one of the following is not a component of Revenue Receipts of the Union Government?
Options- A. Corporate tax receipts
- B. Dividends and profits
- C. Disinvestment receipts
- D. Interest receipts Discuss
Indian Economy problems
Search Results
Correct Answer: Variable cost reserve ratios
Correct Answer: Official Reserves Account
Correct Answer: Bilateral monopoly
Correct Answer: Underemployment
Correct Answer: diminish
Explanation:
Economists use the concept of marginal utility to measure happiness and pleasure and how that affects consumer decision making. They have also identified the law of diminishing marginal utility, which means that the first unit of consumption of a good or service has more utility than the next units of consumption.Hence, the marginal utility of the good diminishes as the amount of good consumed increases.
Correct Answer: Entertainment tax
Correct Answer: Health, Education, Income
Correct Answer: Prime Lending Rate
Correct Answer: 1 year to 3 years
Correct Answer: Disinvestment receipts
Explanation:
Revenue receipts are regular source of Government of India, but Disinvestment receipts are not regular source of Income of Government and all other given are regular
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