Sawaal

 Indian Economy Questions

Popular Latest Rated
Q:

If the average total cost are Rs 54, average variable cost is Rs 36 and quantity produced is 2500 units, find the total fixed costs (in Rs) of the firm?

A) 30000 B) 15000
C) 45000 D) 60000
 
Answer & Explanation Answer: C) 45000

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

4 1057
Q:

Trickle down theory ignores the impact of economic growth on

A) Investment B) Savings
C) Income distribution D) consumption
 
Answer & Explanation Answer: C) Income distribution

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1053
Q:

Redistribution of income in a country can be brought about through

A) Progressive taxation combined with progressive expenditure B) Progressive taxation combined with regressive expenditure
C) Regressive taxation combined with regressive expenditure D) Regressive taxation combined with progressive expenditure
 
Answer & Explanation Answer: A) Progressive taxation combined with progressive expenditure

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1051
Q:

What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?

A) Progressive tax B)  Proportional tax
C) Regressive tax D)  Degressive tax
 
Answer & Explanation Answer: C) Regressive tax

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1044
Q:

National Income of India is compiled by

A) Finance Commission B) Indian Statistical Institute
C) National Development Council D) Central Statistical Organization
 
Answer & Explanation Answer: D) Central Statistical Organization

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1042
Q:

Depreciation is loss in value of ________

A) Final goods B) Machinery
C) Capital stock D) Stock of inventory
 
Answer & Explanation Answer: B) Machinery

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1040
Q:

Which among the following is not a direct tax?

A) Income tax B) Wealth tax
C) Corporate tax D) None of these
 
Answer & Explanation Answer: D) None of these

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1040
Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1039