GK Economics
| Description: Get Free General Knowledge Economics Questions Papers and Online Practice Test for Various Entrance Exams and Competitive Jobs Preparation | |
| Number of Questions: 25 | |
| Created by: Amish Majumdar | |
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According to Keynes, investors prefer holding money rather than bonds when they expect
'Liquidity trap' refers to
Net National Product (NNP) is equal to
Who among the following held the view that 'savings and investment are always equal but they are not always in equilibrium'?
What is the most important item of expenditure of the Union Government in India?
Public Debt constitutes
What is the direct effect of deficit financing?
On which of the following assumptions the comparative cost theory of trade is based upon?
A progressive tax
Which of the following items is called a visible item in the balance of payment?
Who is credited with developing the concept of 'income terms of trade'?
Which of the following relationships correctly represent the acceleration principle as defined by Paul A. Samuelson?
Fiscal deficit as a percentage of GDP in the Union Budget, 2007-08 is estimated at
The terms of trade is the name given to
The law of Equi-Marginal Utility states
For a monopolist, the slope of the total cost curve is 12 and the average cost is 15 at that level of output. For maximum profit, the marginal revenue will be
The term 'demographic dividend' applies to
Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in
Food subsidy as a percentage of GDP in India is at present
In which of the following states, the population is the least as per 2001 Census?
When the price of a normal goods falls, more of it is purchased because of
For a normal commodity, the substitution effect is
Match List-I and List-II and select the correct answer using the codes given below: List-I (Programme) (a) Swarnajayanti Gram Swarojgar Yojana (b) Swarnajayanti Shahri Rojgar Yojana (c) Prime Minister's Rojgar Yojana (d) Golden Jubilee Rural Housing Finance Scheme List-II (Year of Launch)
- 1999
- 1997
- 1993
- 1997-98 Codes:
Which of the following economists has called the 'Law of Equi-Marginal Utility' as 'Principle of Income Allocation'?
The other name by which the Average Revenue Curve is known is