The international liquidity problem is attended by
UNO✔X
IMF✔X
Central Bank✔X
Nationalized Bank✔X
12/50
Match List I with List II correctly and select your answer using the codes given below: List I List II Consumption 1. Perfect Competition Production 2. Rent Market 3. Utility Distribution 4. Scale
2 3 4 1✔X
3 4 1 2✔X
1 2 3 4✔X
4 1 2 3✔X
13/50
Which is the other name given to the average revenue curve?
Profit curve✔X
Average cost curve✔X
Demand curve✔X
Indifference curve✔X
14/50
Which is the oldest Scale Industry in India?
Cotton Industry✔X
Sugar Industry✔X
Jute Industry✔X
Iron and Steel Industry✔X
15/50
In India disguised unemployment prevails in
Agricultural sector✔X
Industrial sector✔X
Transport sector✔X
Trade sector✔X
16/50
Wheat is not suitable for growing in South India because of
winter are too warm✔X
low rainfall✔X
early summer✔X
poor soil condition✔X
17/50
The second Five year Plan gave importance to
Agriculture Development✔X
Industrial Development✔X
Social Development✔X
Transport and Communication Development✔X
18/50
Which one of the following Five Year Plan recognized human development as the core of all development efforts?
The Third Five Year Plan✔X
The Fifth Five Year Plan✔X
The Sixth Five Year Plan✔X
The Eighth Five Year Plan✔X
19/50
The system of Indian economy is
capitalist✔X
mixed economy✔X
socialist✔X
none of these✔X
20/50
In which Five Year Plan eradication of poverty was main theme?
First✔X
Second✔X
Fourth✔X
Fifth✔X
21/50
How many Nationalised Banks are therein India?
6✔X
14✔X
20✔X
21✔X
22/50
Product differentiation is a special feature of
Monopoly✔X
Perfect Competition✔X
Monopolistic Competition✔X
None of these✔X
23/50
When was NABARD formed?
1982✔X
1992✔X
1972✔X
1962✔X
24/50
Who is connected with Laissez Faire?
Adam Smith✔X
Kissinger✔X
Keynes✔X
Ricardo✔X
25/50
As per capita income increase, the share of agriculture in labour force
decreases✔X
increases✔X
remains constant✔X
first increases and then decreases✔X
26/50
Human capital formation refers to the process of
increasing the number of people✔X
physical growth of capital✔X
increasing knowledge, skills and capacities of people of the country✔X
providing more facilities to the people✔X
27/50
Who were the recipients of Nobel Prize in Economics?
J.E. Meade and Bertil Ohlin✔X
Ragnar Myrdal and Jan Tinbergen✔X
Gunnar Myrdal and Koopman✔X
J.R.Hicks and Paul Samuelson✔X
28/50
Unemployment which occurs when workers move from one job to another job is known as
seasonal unemployment✔X
frictional unemployment✔X
technological unemployment✔X
cylical unemployment✔X
29/50
Which of the following is not positively relevant to growth?
technology✔X
population growth✔X
natural resources✔X
size of the country✔X
30/50
The weakest economic group in India is represented by
Industrial workers✔X
Small and marginal farmers✔X
Landless laboures✔X
Women workers✔X
31/50
The aim of the economics planning should be
to increases the National income✔X
to increases the Per capita income✔X
to improve standard of living of the people✔X
all of these✔X
32/50
The First Five Year Plan was based on
Harrod-Domar model✔X
Friedman model✔X
Rostow model✔X
Mahalanobis model✔X
33/50
The most serious problem of India is
unemployment, not poverty✔X
Poverty, not unemployment✔X
underemployment ,not poverty✔X
stagnation, not poverty✔X
34/50
The percentage of the Indian urban population below the poverty line in 1989-90 was
17%✔X
18%✔X
19%✔X
21%✔X
35/50
India’s agriculture after Independence
has improved steadily and has become fairly advanced✔X
has improved only marginally and has created problems for the country✔X
has shown very good progress✔X
has recorded progress comparable to that of the advanced countries✔X
36/50
Inequalities in product per worker in under developed countries are perhaps
less than in developed countries✔X
more than in developed countries✔X
the same as in developed countries✔X
nothing is known✔X
37/50
Development is impossible without
incentive to profit✔X
foreign aid✔X
savings✔X
inflation✔X
38/50
Developing countries rely on Industry
to grow rapidly✔X
to train labour and absorb it into high paying jobs✔X
for reasons of security and national pride✔X
for all these✔X
39/50
Per capita income rises when
GNP and population both increase at the same rate✔X
GNP and population both remain constant✔X
GNP increases faster than population✔X
GNP increases slower than population✔X
40/50
Under development is the result of
economic factors✔X
social factors✔X
political factors✔X
economic, social and political factors all together✔X
41/50
A closed economy is the one which
does not permit emigration✔X
does not immigration✔X
does not permit foreign trade✔X
does not permit domestic trade✔X
42/50
The First Five Year Plan formulated in the year
1947✔X
1950✔X
1951✔X
1956✔X
43/50
Who appoints the auditor of a Joint Stock company?
Government✔X
Directors✔X
Share holders✔X
None of these✔X
44/50
Duration of the Eighth Five Year Plan is
1990-95✔X
1991-96✔X
1992-97✔X
1993-98✔X
45/50
Which of the following is not an employment programme?
National Rural Development Programme✔X
Integrated Rural Development Programme✔X
Jawahar Rozgar Yojana✔X
Training of Rural Youth for Self employment✔X
46/50
The expansion of abbreviation IADP is
Internal Agricultural Development✔X
intensive Agricultural District Programme✔X
Indian Agricultural Development Programme✔X
Agricultural Development Programme based on Industrial atmospheres✔X
47/50
Which one of the following is correctly matched?
Rabinson - Population theory✔X
Malthus - Economic theory✔X
Adam Smith - Father of Economics✔X
Karl Marx - A Famous Economist✔X
48/50
Consider the following statements: Assertion(A): rice is the major crop in Tamil Nadu Reason(R): People of Tamil Nadu eat rice in large quantity Of the statements
Both (A) and (R) are true and (R) is the correct explanation of(A)✔X
Both (A) and (R) are true and (R) is not the correct explanation of(A)✔X
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