Discussion
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- Question
"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
- Correct Answer
- State
- 1. The short run marginal cost curve is ____ shaped.
Options- A. U
- B. V
- C. X
- D. W Discuss
- 2. 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
- 3. 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
- 4. SEBI is ___________.
Options- A. Constitutional body
- B. advisory body
- C. statutory body
- D. non-statutory body Discuss
- 5. 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
- 6. 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
- 7. 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
- 8. 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
- 9. If demand curve for roller skates is D = 23000 - 19P and supply curve is S = 18000 + 6P, find the equilibrium Price?
Options- A. Rs 100
- B. Rs 400
- C. Rs 50
- D. Rs 200 Discuss
- 10. Match the characteristics with their market structure: (a) Expand out put until MC = MR (b) Elasticity of demand depends on pricing policies of rivals
Options- A. (a) Pure competition, (b) Pure Monopoly
- B. (a) Pure Monopoly, (b) Monopolistic competition
- C. (a) Pure competition, (b) Oligopoly
- D. (a) Monopolistic competition, (b) Oligopoly Discuss
Indian Economy problems
Search Results
Correct Answer: U
Correct Answer: Monopoly
Correct Answer: 7.10%
Correct Answer: statutory body
Correct Answer: All options are correct
Correct Answer: cyclical unemployment
Correct Answer: 3.20%
Correct Answer: Substitution effect
Correct Answer: Rs 200
Correct Answer: (a) Monopolistic competition, (b) Oligopoly
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