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- Question
Market imperfections of a country are reflected in___________.
Options- A. price rigidity
- B. factor immobility
- C. lack of specialization
- D. All options are correct
- Correct Answer
- All options are correct
- 1. In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of Merchandise Exports from India Scheme and Services Export from India Scheme?
Options- A. 5%
- B. 10%
- C. 2%
- D. 15% Discuss
- 2. The short run average cost curve is ____ shaped.
Options- A. U
- B. V
- C. X
- D. W Discuss
- 3. Match the characteristics with their market structure: (a) Firm has control over quantity of output but it must take into account reactions of competitors. b) Firm will tend to set output so that it earns maximum profits.
Options- A. (a) Oligopoly, (b) Pure competition
- B. (a) Monopolistic competition, (b) Oligopoly
- C. (a) Pure Monopoly, (b) Pure competition
- D. (a) Oligopoly, (b) Pure Monopoly Discuss
- 4. "Forests" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.
Options- A. Union
- B. State
- C. Global
- D. Concurrent Discuss
- 5. Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.
Options- A. top
- B. below
- C. right
- D. left Discuss
- 6. SEBI is ___________.
Options- A. Constitutional body
- B. advisory body
- C. statutory body
- D. non-statutory body Discuss
- 7. What was the Gross Domestic Product (GDP) for India in 2016-17 Financial Year?
Options- A. 6.10%
- B. 7.10%
- C. 8.10%
- D. 6.70% Discuss
- 8. If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.
Options- A. Perfect Competition
- B. Monopoly
- C. Oligopoly
- D. Monopolistic Competition Discuss
- 9. The short run marginal cost curve is ____ shaped.
Options- A. U
- B. V
- C. X
- D. W Discuss
- 10. "Betting and gambling" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.
Options- A. Union
- B. State
- C. Global
- D. Concurrent Discuss
Indian Economy problems
Search Results
Correct Answer: 2%
Correct Answer: U
Correct Answer: (a) Oligopoly, (b) Pure Monopoly
Correct Answer: Concurrent
Correct Answer: below
Correct Answer: statutory body
Correct Answer: 7.10%
Correct Answer: Monopoly
Correct Answer: U
Correct Answer: State
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