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Page-21
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Economics |
| 301)The cross elasticity of demand for substitute commodities is always |
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Negative |
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Zero |
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Infinite |
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Positive |
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| 302)The monetization of economy is measured by |
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M3/GDP |
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M2/GDP |
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M1/GDP |
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M0/GDP |
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| 303)When interest rate in an ecomony decreases then |
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the investment expenditure in the economy increases |
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tax collection of the government increases |
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the consumption expenditure in the economy decreases |
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total saving in the economy increases |
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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
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I, II, III, IV |
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I, IV, III, II |
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IV, II, I, III |
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III, I, IV II |
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| 305)For which of the following the density test is use? |
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Mean |
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Mode |
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Median |
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Quartile |
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| 306)Which of the is most liquid asset? |
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Cash |
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Gold |
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Share |
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Land |
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| 307)Who of the following formulated the Wage good strategy of development |
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J Bhagwati |
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Amartya Sen |
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C Vakil |
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P C Mahalanobis |
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| 308)The natural rate of unemployment is |
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the sum of Structural enrmployment and Cyclical unemployment |
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the sum of Structural unemployment and Seasonal unemployment |
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the sum of Frictional unemployment and Seasonal unemployment |
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the sum of Frictional unemployment and Structural unemployment |
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| 309)In the full employment situation |
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Disguised unemployment is zero |
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Seasonal unemployment is zero |
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Cyclical unemployment is zero |
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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 |
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8% |
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10% |
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12% |
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15% |
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| 311)Mixed economy means |
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Both small scale and heavy industries co-existing in the economy |
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Both agricultural and industries are promoted by economy |
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Both public sector and private sector co-existed in the economy |
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Economy controlled by military as well as civilian rulers |
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312)Tthe component(s) of Gross Domestic Capital Formation (GdCF) is/ are
I. Net capital Inflow
II. Direct foreign investment
III. Gross Domestic Savings
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I only |
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II only |
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III only |
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None of these |
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| 313)Disguised unemployment means |
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alternate employment is not available |
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marginal productivity of labour is zero |
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large number of people remain unemployed |
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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
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I and II |
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I and III |
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II and III |
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I and IV |
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| 315)The cause of market failure is |
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Asymmetric information |
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Externality |
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Perfect competition |
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None of these |
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