General Economics 8

Which one of below is not function of RBI?

Consumer surplus is highest in the case of:

The economic analysis expects the consumer to behave in a manner which is:

After reaching the saturation point, consumption of additional units of the commodity cause——

Consider the following and decide which, if any, economy is without scarcity——

If one unit of labour and one unit of capital give 200 units of output, two units of labour and
two units of capital give 400 units of output and 5 units of labour and five units of capital
give 1000 units of output then this is a case of:

The vertical difference between TVC and TC is equal to:

Price taker firms:

The AR curve and industry demand curve are same:

Which of the following is not, by definition, equal to National Income?

Which of the following is not an objective of Fiscal policy?

The main objective of the World Trade Organisation is to secure among others:

Which one of the following is the best example of agreement between oligopolists?

Which of the following concepts of Budget deficit has become practically redundant in India?

Birth rate and Death rate are measured as per:

Money includes:

—————— pair of commodities is an example of substitutes.

When the price of a substitute of X commodity falls, the demand for X———

Marginal utility approach to demand was given by———-

While analyzing Marshall’s measure of consumer’s surplus one assumes—–

The law of variable proportions comes into being when——–

————— is an implicit cost of production.

Excess capacity is not found under———

Stagflation means——-

—————— is not a direct tax.

————— has been founded to act as permanent watchdog on the international trade.

___________measure usually gives the lowest estimate of unemployment especially for poor economy.

The average profit is the difference between——–

At the point of inflexion, the marginal product is———-

Marginal revenue will be negative if elasticity of demand is——–

If lowering of fares reduces railway’s revenues and increasing of fares increases, them the
demand for rail travel has a price elasticity of———–

Devaluation of a currency means:

Who is the father of green revolution in India?

Which of the following is not a part of Fiscal policy?

Which sector provides largest employment in India?

Which of the following banks introduced ATM in India?

In which year did India adopt liberal and free market policies?

When was Value added Tax introduced in India?

139. National Income is equal to—–

In macro- economics, disposable income refers to——–

141. In the Industrial Policy of 1991, how many industries were reserved only for Public Sector?

In an oligopolistic market, firms do not raise their prices because even a small price
increase will lose many customers. Which among the following is the most suitable terms
used for this concept ?

About 96 percent of the sick units in India are _______ units.

India’s present population in 2011 is:

Which of the following statement is correct?

For inferior commodities, income effect is—

“Human Welfare is the subject of Economics.” This statement is associated with the name of which of the economists?

The Slope of Indifference Curve indicates———-

Model of Monopolistic Competition (i.e. Imperfect competition) is characterized by

In perfect competition the firm’s _________ above AVC has the identical shape of the
firm’s supply curve