DCK/ECO-01

An autonomous increase in expenditure should result in an increase in a country’s real GNP only if ?

• The country’s balance of trade is negative

• The country’s economy is working under conditions of less than full employment

• It is government expenditure

• The multiplier is at least 1.5

Which among the following bodies estimates the national income of India?

• Office of the Economic Advisor

• Ministry of Statistics

• Central Statistical Office

• Ministry of Finance

Which among the following imposes a greater burden (relative to resources) on the poor than on the rich ?

• Progressive tax

• Regressive Tax

• Lump Sum tax

• Proportional tax

Which among the following is used for a situation of “Too much money chasing too few goods?

• Demand Pull Inflation

• Cost pull inflation

• Stagflation

• Hyperinflation

In economy, which among the following can be measured by calculating concentration ratios?

• Devlopment

• Inflation

• Competition

• Social Security

In economy, which among the following can be measured by calculating concentration ratios?

• Devlopment

• Inflation

• Competition

• Social Security

A transfer payment is a payment that is __:

• made by the government to its current workers

• made to people who are needy

• For in-kind services provided to the government

• For which no services or goods are rendered

Which among the following is an example of micro-economic variable?

• National Income

• Consumer’s Equilibrium

• Aggregate Supply

• Employment

Full form of UNDP is

Building of a dam can be a destructive goal for

• Industrialist

• Brick Layers

• Adivasi living near river

• Bussinessman