Bilateral monopoly situation is from General Awareness Economic

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 Multiple Choice QuestionsMultiple Choice Questions

51.

The term 'Dumping' refers to

  • the sale of a substandard commodity

  • sale in a foreign market of a commodity at a price below marginal cost

  • sale in a foreign market of a commodity just at marginal cost with too much of profit

  • sale in a foreign market of a commodity just at marginal cost with too much of profit

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52.

World Economic Outlook report is published by which of the following?

  • IMF

  • World Bank

  • RBI

  • RBI

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53.

Bilateral monopoly situation is

  • when there are only two sellers of a product

  • when there are only two buyers of a product

  • when there is only one buyer and one seller of a product

  • when there is only one buyer and one seller of a product


C.

when there is only one buyer and one seller of a product

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54.

Lorenz curve shows

  • Inflation

  • Unemployment

  • Income distribution

  • Income distribution

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55.

Which of the following areas make the largest contribution to national income in India?

  • Industry

  • Services

  • Agriculture

  • Agriculture

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56.

A 'Market Economy' is one which

  • is controlled by the Government

  • is free from the Government control

  • is influenced by international market forces

  • is influenced by international market forces

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57.

Regional Rural Banks are sponsored by

  • Nationalised Commercial Bank

  • Reserve Bank of India

  • State Bank of India

  • State Bank of India

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58.

Which type of foreign investment is considered as unsafe?

  • Foreign Direct Investment (FDI)

  • Portfolio Investment

  • NRI deposits

  • NRI deposits

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59.

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers?

  • RBI

  • The Labour Bureau

  • Commerce Department

  • Commerce Department

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60.

The basis of determining dearness allowance to employees in India is ...........

  • National Income

  • Consumer Price Index

  • Standard of living

  • Standard of living

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