Sawaal

 Indian Economy Questions

Popular Latest Rated
Q:

Which answer figure will complete the pattern?

A) X B) W
C) V D) U
 
Answer & Explanation Answer: D) U

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 753
Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 753
Q:

Which is the parameter for the economic development ?

A) Per capita monetary income B) National income
C) Per capita rural income D) Population
 
Answer & Explanation Answer: A) Per capita monetary income

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 750
Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

0 748
Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 748
Q:

Capital deepening refers to 

A) going for more fixed capital per worker B) emphasis on social overhead capital
C) constant capital-output ratio D) increasing capital-output ratio
 
Answer & Explanation Answer: A) going for more fixed capital per worker

Explanation:

Capital deepening is a situation where the capital per worker is increasing in the economy. This is also referred to as increase in the capital intensity. Capital deepening is often measured by the rate of change in capital stock per labour hour.

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 747
Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 747
Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 747