When the demand for a good increases with an increase in income, such a good is called ..........
Superior good
Giffin good
Inferior good
Inferior good
The demand of a commodity is a direct demand but the demand of a factor of production is called a
Crossed demand
Joint demand
Derived demand
Derived demand
One of the following is 'Labour' in Economics
A Musician performing for a benefit fund
A Painter working for his own pleasure
Reading a book as a hobby
Reading a book as a hobby
Open Market Operations refer to
borrowings by Scheduled banks from RBI
lending by Commercial banks to industry
purchase and sale of Government securities by RBI
purchase and sale of Government securities by RBI
In a cut motion, when the amount of demand is reduced by Rs.100/-, it is known as
Disapproval of policy cut
Economy cut
Vote on account
Vote on account
If Reserve Bank of India reduces the cash reserve ratio, it will
increase credit creation
decrease credit creation
have no impact on credit creation
have no impact on credit creation
What do you mean by 'Density of Population'?
Ratio of people living below poverty line to total population
Number of persons live per square kilometre
Number of persons in a city
Number of persons in a city
Which of the following is not a feature of a capitalist economy?
Right to private property
Existence of competition
Service motive
Service motive
Special Drawing Rights were created by
IBRD
ADB
IMF
IMF
C.
IMF