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Q:

Economic reasoning is based on the premise that

A) only economic decisions or actions have a cost associated with them B) all decisions and actions have a cost associated with them
C) all decisions or actions are costless because costs shared among decision-makers D) only decisions or actions that involve money have a cost associated with them

Answer:   B) all decisions and actions have a cost associated with them



Explanation:
Subject: Indian Economy
Exam Prep: Bank Exams
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In which area is the public sector most dominant in India?

 

A) Organised term lending financial instistutions B) Transport
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Answer & Explanation Answer: C) Commerical banking

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India was ranked at which place among emerging economies on Inclusive Development Index (IDI-2018) released by World Economic Forum (WEF)?

 

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What was the major decision that took place in 1987 Montreal Conference?

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Answer & Explanation Answer: A) Developed countries will completely ban CFC production by 2000

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Which of the following should always be balanced in the foreign trade of India?

 

 

A) Balance of Trade B) Balance of Paymen
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