Discussion
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- Question
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
- Correct Answer
- Monopoly
- 1. 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
- 2. SEBI is ___________.
Options- A. Constitutional body
- B. advisory body
- C. statutory body
- D. non-statutory body Discuss
- 3. Market imperfections of a country are reflected in___________.
Options- A. price rigidity
- B. factor immobility
- C. lack of specialization
- D. All options are correct Discuss
- 4. 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
- 5. The short run average cost curve is ____ shaped.
Options- A. U
- B. V
- C. X
- D. W Discuss
- 6. The short run marginal cost curve is ____ shaped.
Options- A. U
- B. V
- C. X
- D. W Discuss
- 7. "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
- 8. When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______
Options- A. seasonal unemployment
- B. structural unemployment
- C. disguised unemployment
- D. cyclical unemployment Discuss
- 9. In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?
Options- A. 4.20%
- B. 3.20%
- C. 2.20%
- D. 4.00% Discuss
- 10. The change in the optimal quantity of a good when its price changes and the consumer?s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?
Options- A. Law of demand
- B. Substitution effect
- C. Problem of choice
- D. Optimal choice Discuss
Indian Economy problems
Search Results
Correct Answer: 7.10%
Correct Answer: statutory body
Correct Answer: All options are correct
Correct Answer: 2%
Correct Answer: U
Correct Answer: U
Correct Answer: State
Correct Answer: cyclical unemployment
Correct Answer: 3.20%
Correct Answer: Substitution effect
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