Economics - MCQs for Board Examination

MPC (Marginal Propensity to Consume) being 0.8 what will be the change in consumption when income increases by

Rs 200 ?

• 140

• 160

• 180

• 200

Which of the following is not a non tax receipt ?

• Fees

• Fines

• Gift tax

• Grants and donations

Which of the following is not concerned with banking system ?

• Bank rate

• Fiscal Deficit

• Credit creation

• Margin money requirement

Which of the following leads to increase in aggregate demand ?

• Increase in government expenditure

• Increase in investment expenditure

• Fall in imports

• all of the above

Which financial institution accepts demand deposit and creates money ?

• LIC

• Central Bank

• Commercial Bank

• All of the above

Which of the following is revenue receipts for the government ?

• Borrowing from public

• Profits and dividends

• Disinvestment

• Small Savings

Suez Canal was built in the year _______

Britishers came to India with a motive of getting raw materials at cheaper cost & to sell finished goods produced in England at higher price. This is known as ________.

Under migration

• economic benefits > cost of migration

• economic benefits < cost of migration

• economic benefits = cost of migration

• none of the above

The policy of land ceiling was successful in the states _______ & _______