Theories of distribution - class-XII
| Description: theories of distribution | |
| Number of Questions: 77 | |
| Created by: Rekha Rai | |
| Tags: money and credit non-competitive market business maths distribution analysis money: meaning, functions and importance money: meaning and functions applications of derivative money, banking and inflation monetary economics market structure and pricing cost of production and concept of revenue money and inflation money economics theories of distribution money and financial system money and banking |
$M _1$ is also known as transaction money because it can be directly used for making transactions.
Demand deposits include __________________.
Size of money multiplier is given by the inverse of LRR.
M1 includes net demand deposits and not gross demand deposits, as net demand deposits do not include inter-banking claims.
Money Supply in India can be increased if
- RBI puts more paper money for circulation
- The commercial banks expand their credit operations
- The central Govt. gives more grants to the states
- The Govt. of
Markets which deals with high liquid and short term debt securities are classified as _____________.
Many banks have adopted/launched a "Core Banking Solution" (CBS). Which of the following is a Core Banking Solution?
A money deposited in a bank that cannot be withdrawn for a preset fixed period of time is known as a ____________________.
Which of these is/are not a function of money?
Which of these statements is true?
_________ affects the demand for money.
NABARD is the Apex Bank for _________ credit in India.
Which of the following is NOT the feature of monopoly form of market?
In a free market economy, the optimal quality of goods and service is determined by ____________.
When elasticity of demand is equal to one, MR will be equal to _______.
Marginal Revenue will be negative if the demand is _________.
Marginal revenue will be positive if elasticity of demand is _________.
Marginal revenue will be zero if the elasticity of demand is _________.
If a demand curve exhibits unit elasticity for all prices the MR curve ___________.
Imperfect monopoly is a single firm industry where ___________________.
Price discrimination is not profitable when _________________.
Relationship between revenue and elasticity of demand can be given by __________.
When Marginal revenue is zero?
Average revenue of a monopolist firm is _________.
If the demand elasticity for the monopolistic product is $1.25$ and the marginal revenue is $20$, what is the price of the product?
Individual buyer and seller is a price taker in which market structure?
In imperfect competition, the MR curve will lie ______________.
Choose the correct answer.
The change in TR due to the sale of an additional units is called?
Under monopoly ________________.
The average revenue curve of a firm under pure monopoly will be a _______________.
Government can eliminate all monopoly profits by setting a price equal to ______________.
In monopolistic competition, the average revenue curve of the firm is ______________.
The demand curve under monopolistic competition is _______________.
The upper position of the kinked demand curve is relatively __________.
For a monopoly firm, __________.
The quantity purchased by the consumers is _______ function of the price.
_____ is the most visible exception to the inverse relationship of competitive market structure and competitive
Individual farmers don't compete among themselves to sell a larger amount of crop because ______.
A __________ has been defined as one where an individual firm is unable to influence the price at which the product is sold in the market.
Market demand curve shows the ______.
The ________ curve will lie exactly on the market demand curve.
Which of the following is true?
The actual return of an investor is reduced sometimes as the prices of the commodities go up all of a sudden. In financial sector this type of phenomenon is known as _____________.
Change in TR due to the sale of an additional unit is termed _________.
When the demand curve of a pure monopoly firm is elastic, marginal revenue will be _________.
For a monopoly firm the marginal revenue curve _________.
The marginal revenue curve of first degree price discriminating monopoly is __________.
Marginal revenue of a pure monopoly is less than its price because _________.
Which of the following faces a downward sloping demand curve?
Average revenue of a monopolist firm is _________.
Profit maximization level of a Monopoly firm is ________.
Which of the following statement is correct.
The average revenue curve of a monopolist firm is ____________.
A natural monopoly has declining _________ over large range of output.
For a monopoly firm the MR curve ___________.
When the demand of a pure monopoly firm is elastic, MR will be _______.
Average revenue of a monopolist firm is __________.
A monopoly firms demand curve is __________.
In the long-run equilibrium of a competitive market, firms operate at:
Price discrimination will be profitable only if the elasticity of demand in different markets in which the total market has been divided is ____________.
The concept of marginal cost is closely related with which of the following?
In a non-competitive market, when the demand of the product increases and the product price increases _______________.
The supply curve for the monopolist __________.
Marginal revenue for a monopolist is equal to ________________________.
In imperfect competition, the average revenue and marginal revenue curves are ________.
Which of the following is true regarding monopolistic competition?
When AR is falling, MR will be ___________.
Under monopoly, MR can be negative only when:
The strength of a monopolist may be assessed by ____________.
If AR curve is falling straight line, MR curve will lie below it in such a way that any line drawn from a point from y-axis parallel to x-axis to meet the AR curve is intersected by the MR curve _________.
In the case of consumer's demand curve determines the price, but in the case of producer ___________.
(i) AR curve determines the price
(ii) AR curve determines the price and income
(iii) MR curve determines the price
(iv) MR curve and AR curve are determines the price
The marginal revenue of the monopolist is ____________.
Competitive behaviour means _________.
An example of competitive behavior is ______.
The author of the concept of quasi rent is ______________.
___________________ is income derived from machines and other appliances for production by man.
Rent is the price paid for the use of ________________.