Economics mcq

Economics miscellaneous questions

Question 1281 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
The 'break-even point' is where
A
marginal revenue equals marginal cost
B
average revenue equals average cost
C
total revenue equals total cost
D
None of these
Question 1281 Explanation: 
The 'break-even point' is in that case when average revenue equals average cost.






Question 1282 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Legal Tender Money is
A
accepted only by Government
B
accepted by people and Government as per the law
C
not accepted for business purposes by law
D
not accepted by Government
Question 1282 Explanation: 
Legal Tender Money is accepted by people and Government as per the law.
Question 1283 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Which of the following concepts are most closely associated with J.M. Keynes?
A
Control of money supply
B
Marginal utility theory
C
Indifference curve analysis
D
Marginal efficiency of capital
Question 1283 Explanation: 
Marginal efficiency of capital.






Question 1284 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Interest on public debt is part of
A
Transfer payments by the enterprises
B
Transfer payments by the government
C
National income
D
Interest payments by households
Question 1284 Explanation: 
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. Examples of certain transfer payments include welfare (financial aid), social security, and government making subsidies for certain businesses (firms). Interest on public debt is also a part of it.
Question 1285 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
Gross National Product at market prices is defined as: [CPO AC 2003]
A
the market value of all final goods and services produced in an economy taking into account net factor income from abroad
B
the market value of all final goods and services produced in an economy
C
the market value of all final goods and services produced in an economy plus indirect taxes
D
the market value of all final goods and services produced in an economy plus indirect taxes minus subsidies






Question 1286 ->Click on any option to know the correct answers (सही उत्तर जानने के लिए किसी भी Choice पर क्लिक करें)
While estimating national income which of the following is not taken into account?
A
Services of a teacher
B
Services of a doctor
C
Services of a housewife
D
Services of a maid servant
Question 1286 Explanation: 
Service of a housewife will not include while estimating national income.
There are 1286 questions to complete.

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