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Indian Economy
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Question
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
Correct Answer
Securities are bought and sold
Tags:
Bank Exams
Indian Economy problems
Search Results
1. 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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Correct Answer: Tax
2. 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
3. Which is the parameter for the economic development ?
Options
A. Per capita monetary income
B. National income
C. Per capita rural income
D. Population
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Correct Answer: Per capita monetary income
4. CENVAT is related to which of the following ?
Options
A. Sales Tax
B. Excise Duty
C. Custom Duty
D. Service Tax
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Correct Answer: Excise Duty
5. 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%
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Correct Answer: 49.40%
6. The demand for a inferior good increases with ________ in the consumer's income.
Options
A. increase
B. decrease
C. constant
D. double
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Discuss
Correct Answer: decrease
7. _______ is issued when the court finds that a particular office holder is not doing legal duty and thereby is infringing on the right of an individual.
Options
A. Habeas Corpus
B. Mandamus
C. Prohibition
D. Quo Warranto
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Correct Answer: Mandamus
8. "The General Equilibrium Analysis" was developed by
Options
A. Marshall
B. Ricardo
C. Walras
D. Adam Smith
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Correct Answer: Walras
9. The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.
Options
A. USA
B. India
C. Soviet Union
D. Japan
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Correct Answer: Soviet Union
10. ____________ is the relationship between the variable input and output, keeping all other inputs are held constant.
Options
A. Total product
B. Average product
C. Isoquant
D. The Long Run
Show Answer
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Correct Answer: Total product
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