This personality is known as the Father of Economics. Can you identify him from the given options?
(A) J.M. Keynes
(B) Adam Smith
(C) Abraham Maslow
(D) J.K. Galbraith
Which of the following is not an example of direct tax?
(A) Income tax
(B) Property tax
(C) Gift tax
(D) Sales tax
Value of Total Goods and Services produced in a country is its _____________ .
(A) Gross Domestic Product
(B) Gross Revenue Income
(C) Total Goods Revenue
(D) Total Income
What is the demand for labor called?
(A) Market demand
(B) Direct demand
(C) Derived demand
(D) Factory demand
The process of curing inflation by reducing money supply is called
(A) Cost - push inflation
(B) Demand - pull inflation
(C) Disinflation
(D) Reflation
Price theory is also known as
(A) Macro Economics
(B) Development Economics
(C) Public Economics
(D) Micro Economics
How many member is in the GST Council of India?
(A) 33
(B) 34
(C) 36
(D) 27
What kind of economy is there in India?
(A) socialist
(B) Mixed
(C) Free
(D) Gandhian
Which among the following formulates fiscal policy?
(A) RBI
(B) Finance Ministry
(C) SEBI
(D) Planning Commission
Deficit financing means the government borrows money from the –
(A) International Monetary Fund
(B) Ministry of Finance
(C) Reserve Bank of India
(D) World Trade Organization
Get the Examsbook Prep App Today