Sawaal

 Indian Economy Questions

Popular Latest Rated
Q:

Match the characteristics with their market structure:

(a) MC = Price
(b) Firm will tend to set output so that it earns maximum profits.

A) (a) Pure Competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic Competition
C) (a) Oligopoly, (b) Monopolistic Competition D) (a) Pure Competition, (b) Oligopoly
 
Answer & Explanation Answer: A) (a) Pure Competition, (b) Pure Monopoly

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 19325
Q:

Match the characteristics with their market structure:

(a) MR = MP
(b) Elasticity of demand depends on pricing policies of rivals

 

A) (a) Pure Monopoly, (b) Monopolistic competition B) (a) Pure competition, (b) Oligopoly
C) (a) Pure competition, (b) Pure Monopoly D) (a) Pure Monopoly, (b) Oligopoly
 
Answer & Explanation Answer: B) (a) Pure competition, (b) Oligopoly

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 19165
Q:

Which plan gave emphasis on removal of poverty for the first time

A) Fourth B) Fifth
C) Sixth D) Seventh
 
Answer & Explanation Answer: B) Fifth

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

29 19159
Q:

What is poverty gap?

 

A) the difference between poverty line and actual income level of all those living below that line B) gap between developed and developing nations
C) gap between the rich and the poor D) gap between infrastructural facilities in developed and developing nations  
 
Answer & Explanation Answer: A) the difference between poverty line and actual income level of all those living below that line

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 19129
Q:

Match the characteristics with their market structure:

(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic
(b) Homogeneous product, all goods are perfect substitutes for consumers

A) (a) Monopolistic Competition, (b) Pure Competition B) (a) Monopolistic Competition, (b) Pure Monopoly
C) (a) Pure Monopoly, (b) Pure Competition D) (a) Pure Monopoly, (b) Pure Competition
 
Answer & Explanation Answer: A) (a) Monopolistic Competition, (b) Pure Competition

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 19050
Q:

In India national, National Income is calculated by the method which is known as

A) the combined method B) the income method
C) the product method D) the expenditure method
 
Answer & Explanation Answer: A) the combined method

Explanation:

In India, National Income is calculated by the combined method. It combines two methods i.e product or output method and the income method. This is done to overcome the problem of deficiency of statistics. The product method endeavours to find out the net contribution to national income of all producing units. The income method adds up income and payments accruing of factors of production. This method is used in the tertiary  sector like government services banking etc and also in the commoity sector if output data is not available.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

30 18796
Q:

"Gilt-edged" means ___________.

 

A) bullion market   B) market of government securities  
C) market of guns D) market of pure metals
 
Answer & Explanation Answer: B) market of government securities  

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

2 18793
Q:

In October 2017, RBI fixed the cash loading limit per month to ______ for Prepaid Payment Instruments.

 

A) Rs 10,000 B) Rs 50,000
C) Rs 75,000 D) Rs 1,00,000
 
Answer & Explanation Answer: B) Rs 50,000

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 18093