Economics miscellaneous questions
For internal financing of Five Year Plans, the government depends on: [NDA 1991]
taxation and public borrowing
public borrowing and deficit financing
taxation, public borrowing and deficit financing
"Dear Money" means
low rate of interest
high rate of interest
Question 142 Explanation:
Dear Money is when it is expensive to borrow money because of high real interest rates. For example, if bank rates are 10% and inflation is 6%. The effective real interest rate is 4% which is quite high.
The difference between the GNP and the NNP is equal to the
Consumer expenditure on durable goods
Direct tax revenue
Indirect tax revenue
Question 143 Explanation:
Production function explains the relationship between
Initial inputs and ultimate output
Inputs and ultimate consumption
Output and consumption
Output and exports
Question 144 Explanation:
Production function explains the relationship between initial inputs and ultimate output.
Which of the following is not a fixed cost?
Salaries of administrative staff
Rent of factory bidding
Question 145 Explanation:
Salaries of administrative staff is not a fixed cost. because it is a variable cost, which changes time to time.
AGMARK is a guarantee of standard:
Question 146 Explanation:
AGMARK is a certification mark employed on agricultural products in India, assuring that they conform to a set of standards approved by the Directorate of Marketing and Inspection, an agency of the Government of India.
The main objective of First Five-year Plan was:
development of agriculture including irrigation and power projects
After the initiation of economic reforms in 1991-92 the percentage share of: [CDS 1999]
Both direct and indirect taxes increased in gross tax revenue
direct taxes increased and that of indirect taxes decreased in gross tax revenue
both direct and indirect taxes decreased in gross tax revenue
direct taxes decreased and that of indirect taxes increased in gross tax revenue
Industrial Financial Corporation of India was established in
Forced Savings refer to
Reduction of consumption consequent to a rise in prices
Taxes on individual income and wealth
Compulsory deposits imposed on income tax payers
Provident fund contribution of private sector employees
Question 150 Explanation:
When people spend less than they earn because there are not enough goods available to buy or because goods are too expensive. Forced saving plays an important role in explaining how expansionary monetary policy generates artificial booms.
There are 150 questions to complete.