Under which market condition do firms have excess capacity?

• Perfect competition

• Monopolistic competition

• Duopoly

• Oligopoly

Price theory is also known as

• Macro Economics

• Development Economics

• Public Economics

• Micro Economics

National Income is the

• Net National Product at market price

• Net National Product at factor cost

• Net Domestic Product at market price

• Net Domestic Product at factor cost

At present, India is following

• fixed exchange rate

• floating exchange rate

• pegged up exchange rate

• pegged down exchange rate

Which one of the following is not a method of estimating National Income?

• Expenditure Method

• Product Method

• Matrix Method

• Income Method

Formalised system of trading agreements with groups of countries is known as

• trading blocks

• trade ventures

• trade partners

• trade organisations

187.

What does the letter 'e' denotes in the term 'e'-banking?

• Essential Banking

• Economic Banking

• Electronic Banking

• Expansion Banking

Which of the following is the Regulator of the credit rating agencies in India?

• RBI

• SBI

• SIDBI

• SEBI

If the marginal return increases at a diminishing rate, the total return

• increases

• decreases

• remains constant

• becomes zero

The law of increasing Returns means

• increasing cost

• decreasing cost

• increasing production

• increasing income