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Economics

301)The cross elasticity of demand for substitute commodities is always
Negative Zero
Infinite Positive
Answer :

302)The monetization of economy is measured by
M3/GDP M2/GDP
M1/GDP M0/GDP
Answer :

303)When interest rate in an ecomony decreases then
the investment expenditure in the economy increases tax collection of the government increases
the consumption expenditure in the economy decreases total saving in the economy increases
Answer :

304)Arrange the following liquid assets in the descending order liquidity
I. Currency
II. Time deposit in the bank
III. Saving deposit in the bank
IV. Demand deposit in the bank
I, II, III, IV I, IV, III, II
IV, II, I, III III, I, IV II
Answer :

305)For which of the following the density test is use?
Mean Mode
Median Quartile
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306)Which of the is most liquid asset?
Cash Gold
Share Land
Answer :

307)Who of the following formulated the Wage good strategy of development
J Bhagwati Amartya Sen
C Vakil P C Mahalanobis
Answer :


308)The natural rate of unemployment is
the sum of Structural enrmployment and Cyclical unemployment the sum of Structural unemployment and Seasonal unemployment
the sum of Frictional unemployment and Seasonal unemployment the sum of Frictional unemployment and Structural unemployment
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309)In the full employment situation
Disguised unemployment is zero Seasonal unemployment is zero
Cyclical unemployment is zero Frictional unemployment is zero
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310)A bank's capital to risk weighted assets ratio as per BASE-II norms should be at least
8% 10%
12% 15%
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311)Mixed economy means
Both small scale and heavy industries co-existing in the economy Both agricultural and industries are promoted by economy
Both public sector and private sector co-existed in the economy Economy controlled by military as well as civilian rulers
Answer :

312)Tthe component(s) of Gross Domestic Capital Formation (GdCF) is/ are
I. Net capital Inflow
II. Direct foreign investment
III. Gross Domestic Savings
I only II only
III only None of these
Answer :

313)Disguised unemployment means
alternate employment is not available marginal productivity of labour is zero
large number of people remain unemployed productivity of labour in low
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314)Characteristic of public goods is/ are
I. Non- exclusion
II. Rival - consumption
III. Divisibility
IV. Collective consumption
I and II I and III
II and III I and IV
Answer :

315)The cause of market failure is
Asymmetric information Externality
Perfect competition None of these
Answer :

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