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Question
CENVAT is related to which of the following ?
Options
A. Sales Tax
B. Excise Duty
C. Custom Duty
D. Service Tax
Correct Answer
Excise Duty
Tags:
Bank Exams
Indian Economy problems
Search Results
1. What was the debt-to-GDP ratio for the Financial Year 2016-17?
Options
A. 60.40%
B. 49.40%
C. 50.40%
D. 55.40%
Show Answer
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Discuss
Correct Answer: 49.40%
2. Disguised unemployment generally means___________.
Options
A. Large number of people remain unemployed
B. alternative employment is NOT available
C. marginal productivity of labour is zero
D. productivity of workers is low
Show Answer
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Correct Answer: marginal productivity of labour is zero
3. __________ is defined as the output per unit of variable input
Options
A. Marginal product
B. Production function
C. Total product
D. Average product
Show Answer
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Discuss
Correct Answer: Average product
4. A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.
Options
A. Current Account
B. Savings Account
C. Capital Account
D. Asset Account
Show Answer
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Correct Answer: Current Account
5. The _________ of a firm is a relationship between inputs used and output produced by the firm.
Options
A. Marginal product
B. Production function
C. Total product
D. Average product
Show Answer
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Discuss
Correct Answer: Production function
6. Which is the parameter for the economic development ?
Options
A. Per capita monetary income
B. National income
C. Per capita rural income
D. Population
Show Answer
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Discuss
Correct Answer: Per capita monetary income
7. Saving is that portion of money income that is .....
Options
A. spent for development of Industries
B. not spent on consumption
C. spent on health and education
D. spent for consumer durables
Show Answer
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Correct Answer: not spent on consumption
8. What is an octroi ?
Options
A. Tax
B. Tax collection centre
C. Tax processing centre
D. Tax information centre
Show Answer
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Discuss
Correct Answer: Tax
9. Which of the following is done at a Stock Exchange ?
Options
A. Commodities are bought and sold at wholesale price
B. Commodities are bought and sold at retail price
C. Securities are bought and sold
D. None of these
Show Answer
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Correct Answer: Securities are bought and sold
10. The demand for a inferior good increases with ________ in the consumer's income.
Options
A. increase
B. decrease
C. constant
D. double
Show Answer
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Discuss
Correct Answer: decrease
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