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Economics Questions Answers
Which one of the following was the Eighth Five-Year Plan period in India?
1990-1995
1992-1997
1993-1998
1994-1999
1992-1997
Which of the following is called a "banker's cheque"?
Demand Draft
Debit Card
Pay Order
Fixed Deposit
Demand Draft
Which two of the following taxes are indirect taxes?
Sales-tax and Income-tax
Income-tax and Wealth-tax
Sales-tax and Excise duty
Income-tax and Excise duty
Sales-tax and Excise duty
Per capita income of a country is derived from —
Population
National income
National income and Population
None of these
National income and Population
Per capita income for a nation is calculated by dividing the country's national income by its population.
Which one of the following Prime minister was introduced the rolling plan theory in national planning?
Morarji Desai
Indira Gandhi
Rajiv Gandhi
Chandra Shekhar
Morarji Desai
What is dual pricing?
Wholesale price and retail pricing
Pricing by agents and pricing by retailers
Price fixed by Government and price in open market
Daily prices and weekly prices
Price fixed by Government and price in open market
Which of the following carries out 'Open Market Operations'?
Finance Ministry
External Affairs Ministry
Reserve Bank of India
Planning Commission
Reserve Bank of India
A community's stock of wealth is accounted for by the
aggregate of capital and consumer goods
gross investment minus depreciation
standard of living of the people
net increase in invisible and intangibel goods
aggregate of capital and consumer goods
Which one of the following situations makes a firm most efficient?
Falling average costs
Rising average costs
Constant average costs
Lowest average costs
Lowest average costs
A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as
demand—pull inflation
cost—push inflation
stagflation
structural inflation
demand—pull inflation