Indian Economy Questions Practice Question and Answer
8 4 Q:
5ef4366e81a47f2e7aeffac1 4 Q:
5d7f1667e6db8b0af6526c72 4 Q:
5dd23187c2282c484e44069a 4 Q:
5fe1db7ace32c8585c749764 4 Q:
5dfca5eda3197573ca592ab6 4 Q:
5e37d5dfad02e21163c6353c 4 Q:
5f0ff31a2d9085055f45e1c2 4 Answer : 4. "explicit and implicit costs."
Q: National Income estimates in India are prepared by
1768 05ef4366e81a47f2e7aeffac1
5ef4366e81a47f2e7aeffac1- 1Planning Commissionfalse
- 2Reserve Bank of Indiafalse
- 3Central statistical organizationtrue
- 4Indian Statistical Institutefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Central statistical organization"
Q: If Reserve Bank of India reduces the cash reserve ratio, it will :
1636 05d7f1667e6db8b0af6526c72
5d7f1667e6db8b0af6526c72- 1increase credit creationtrue
- 2decrease credit creationfalse
- 3have no impact on credit creationfalse
- 4have no definite impact on credit creationfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "increase credit creation"
Q: What is the demand for labor called?
1612 15dd23187c2282c484e44069a
5dd23187c2282c484e44069a- 1Market demandfalse
- 2Direct demandfalse
- 3Derived demandtrue
- 4Factory demandfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Derived demand"
Q: Raw materials and money in hand are called _____.
1599 05fe1db7ace32c8585c749764
5fe1db7ace32c8585c749764- 1Human capitalfalse
- 2Working capitaltrue
- 3Factors of productionfalse
- 4None of the abovefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Working capital"
Q: Price theory is also known as
1583 05dfca5eda3197573ca592ab6
5dfca5eda3197573ca592ab6- 1Macro Economicsfalse
- 2Development Economicsfalse
- 3Public Economicsfalse
- 4Micro Economicstrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Micro Economics "
Q: What kind of economy is there in India?
1560 05e37d5dfad02e21163c6353c
5e37d5dfad02e21163c6353c- 1socialistfalse
- 2Mixedtrue
- 3Freefalse
- 4Gandhianfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Mixed"
Q: What percentage of the total central employees are employed in Indian Railways?
1545 05f0ff31a2d9085055f45e1c2
5f0ff31a2d9085055f45e1c2- 150 %false
- 240 %true
- 345 %false
- 435 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. " 40 %"
Q: To the economist, total cost includes 1520 05b5cc604e4d2b4197774b4c4
5b5cc604e4d2b4197774b4c4- 1neither implicit nor explicit costs.false
- 2implicit, but not explicit, costs.false
- 3explicit, but not implicit, cost.false
- 4explicit and implicit costs.true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "explicit and implicit costs."
Explanation :
Answer: D) explicit and implicit costs. Explanation:
en1654popular