MCQ

-
1.The exchange rate is kept the same in all parts of market by-
A) exchange arbitrage✔
B) Hedging
C) Interest arbitrage
D) speculation

 2. How many % surcharge is affected on below 1cr ?
1.4
2.5
3.10✔
4.15

 3. In long run under monopolistic competition profits are maximized or losses are minimized when
A.MR=MC✔
B.MR=AC=AR
C.MR>AR
D.MR<MC

 4.Harrod took which factor in his technical progress model?
A.labour✔
B. Capital
C.both
D.None

 5. The term microeconomics given by
A. John Marshall
B. J R Hicks
C. Ragnar Frisch✔
D. Simon Kuznets

 6.Transfer payment by the government are not included in the net domestic product because: 
A - These are gift from the government to the recipients 
B - They are not counted as commodities 
C - No corresponding production of goods and service has taken place to match such payment ✔
D -There may be leakages in such payment

 7.Capitalism is called market economy because
A. Producers and Consumers are free to exercise their choices
B. There is no Central authority to direct the economy
C. The economy is self driven
D. All the above✔

 8.Keynesian economics lays more emphasis on :
A.fiscal policy✔
B. monetary policy 
C.interest rate policy
D.None
9. The elasticity of supply  of exports > The elasticity of supply of imports the terms of trade (TOT) will be 
1.favourable ✔
2.unfavourable 
3.no effect
4. 1&2

 10.The elasticity of demand for exports > The elasticity of demand for imports the terms of trade (TOT) will be 1.favourable  
2.unfavourable ✔
3.no effect
4.Both

Comments

Post a Comment

Popular posts from this blog

INDIAN BANKING AND FINANCIAL

-
1.Which one is not the part of Migration to new capital adequacy framework based on the three pillar approach namely? A.Minimum capital requirement B.Supervisory review C.Market discipline D.Book keeping Ans D 2.Which was the first Bank to be established in 1148? A.SBI B.CBI C.Reserve Bank D.Casa De SanGiorgio Ans D 3.Italian money lenders were known as Banechi or Banacheri because A.They had a lot of money B.They had a money bank C.They kept a special type of table to transact their business D.All of the above Ans B 4.Which of the following are the objectives and functions of IDBI? A.To provide technical and administrative assistance for promotion or expansion of industry B.To undertake market and investment research and surveys as also technical and economic studies in connection with development of industry. C.To act as lender of last resort and to finance projects that are in conformity with national priorities D.All of these Ans D 5.Banks can avail ...
Read more

Growth and Development MCQs

-
Image
               Dharmenedra Bansal               1. Which of the following explains the term economic growth? a. Increase in per capita production b. Increase in per capita real income c. structural change in the economy d. all the above are right✔ 2. Economic development is characterized by a. Structural change in the economy b. Change in the occupational structure c. Both a and b✔ d. None of the above 3. Which of the following explains the term economic development? a. Improvement in the technology involved b. Improvement in production c. Improvement in distribution system d. All the above✔ 4. An underdeveloped economy is characterized by a. High per capita real income b. Large proportion of labor force in the tertiary sector c. State of deprivation of large proportion of population✔ d. All the above State of deprivation of large proportion of population Underdevelo...
Read more

STATISTICS MCQs

-
1.A measure of dispersion is always  A) Zero B) Positive✔ C) Negative D) Infinity 2.Which of these is a relative measure of dispersion A) Standard Deviation B) Variance C) Coficient of Variation✔ D) None of these 3.The measure of dispersion is changed by a change of A) Origin B) Scale✔ C) Algebraic Signs D) None 4.Mean Deviation, Variance and Stand-ard Deviation of thevalues 4, 4, 4, 4, 4, 4 is A) 4  B) 8  C) 2  D)0✔ 5.The mean deviation of the values, 18, 12, 15 is A) 6 B) 0 C) 3 D) 2✔ 6.The sum of squares of deviation is least if measure from A) Mean✔ B) Mode C) Median D) Variance 7.The sum of squared deviations of a set of n values from their mean is A) Zero B) Maximum C) Least✔ D) None 8.Variance is always calculated from A) Mean✔ B) Variance C) Geometric Mean D) Median 9.Lowest value of variance can be A) 0✔ B) -1 C) 3 D) -3 10.The variance of a constant is A) Zero✔ B) Constant C) Normal D) None 11.Va...
Read more