Directions: In the questions given below, four options have been given. Click on the option which you think is the RIGHT ANSWER to the question.
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1. When the productive capacity of the economic system of a State is inadequate to create sufficient number of jobs, it is called |
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2. Fiscal policy in India is formulated by |
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3. In Economics the terms ‘Utility’ and ‘Usefulness’ have |
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4. Special Drawings Rights (SDRs) relate to |
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5. Which of the following measures should be taken when an economy is going through inflationary pressures?
Select the correct answer using the code given below: Code: |
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6. National income ignores |
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7. Who said ‘Supply creates its own demand’? |
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8. Liquidity Preference Theory of Interest was propounded by |
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9. Who coined the term "Hindu rate of growth for Indian economy"? |
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10. Who estimated the National Income for the first time in India? |
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11. Economic development depends on |
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12. National income is generated from |
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13. Money supply is governed by the | |
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14. The present Indian monetary system is based on | |
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15. A situation where we have people whose level of income is not sufficient to meet the minimum consumption expenditure is considered as | |
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16. Full convertibility of a rupee means | |
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17. India is called a mixed economy because of the existence of
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18. The term stagflation refers to a situation where | |
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19. Revealed Preference Theory was propounded by | |
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20. Gross Domestic Product is defined as the value of all | |
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21. An exceptional demand curve is one that moves | |
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22. Production function explains the relationship between | |
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23. Nature of unemployment in agriculture in India is | |