Multiple Choice Questions

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Which one of the following represents the savings of the private corporate sector?

  • Undistributed profits

  • Total profits of a company

  • Excess of income over expenditure

  • Dividends paid to shareholders


A.

Undistributed profits

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The second Green Revolution aims at increasing agricultural output to income

  • Availability of easy credit to big farmers

  • Co-operative farming

  • Inclusive growth

  • Inclusive growth

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Indian Special Economic Rules amendment came in the year

  • 2000

  • 2002

  • 2004

  • 2006

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The principle of maximum social advantage is the basic principle of

  • Micro Economics

  • Macro Economics

  • Fiscal Economics

  • Environmental Economics

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Which of the following is not an investment expenditure in goods and services?

  • Purchase of a house

  • Purchase of a machinery

  • An increase in business inventories

  • Expansion of the main plant of a company

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An economic theory is a/an

  • Axion

  • Proposition

  • Hypothesis

  • Tested hypothesis

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Social accounting system in India classified into

  • enterprise, households and government

  • assets, liabilities and debt position

  • public sector, private sector and join sector

  • income, product and expenditure

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Forced saving refer to

  • taxes on individual income and wealth

  • compulsory deposits imposed on income tax payers

  • provident fund contribution of private sector employees

  • reduction of consumption consequent to a rise in prices

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Which Five year Plan is not correct among the following?

  • First 1951-56

  • Second 1956-61

  • Third 1961-66

  • Fourth 1966 - 71

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The demand for labour is called

  • direct demand

  • derived demand

  • factory demand

  • market demand

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