Smartindia Classroom
CONTENTS
Geography
Economics
Political Science
History
Statistics
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Question-1
Which of the following is the best measure of the standard of living
(A)
Consumer price index
(B)
Producer price index
(C)
Real Gross domestic product
(D)
Per capita real gross domestic product
Question-2
Open market operations occur when the government
(A)
Reduces spending
(B)
Buys and sells bonds and securities
(C)
Increases taxation
(D)
Increases the exchange rate
Question-3
Economic growth
(A)
Is synonymous with economic development
(B)
Occurs when an economic system acquires greater productive capacity
(C)
Refers to qualitative change experienced by an economic system
(D)
Always results in increased real per capita output or income
Question-4
The best way to achieved economic growth is to
(A)
Increase government spending
(B)
Save more
(C)
Reduce taxation
(D)
Increase personal consumption
Question-5
The author of stages of growth theory is
(A)
J.M. Keynes
(B)
W.W. Rostow
(C)
Adam Smith
(D)
Marshall
Question-6
The father of New Economics is
(A)
Adam Smith
(B)
Marshall
(C)
Karlmarx
(D)
J.M. Keynes
Question-7
Economic growth can be seen by an outward shift of
(A)
The production possibility frontier
(B)
The gross domestic barrier
(C)
The marginal consumption frontier
(D)
The minimum efficient scale
Question-8
GDP includes:
(A)
Real capital
(B)
Financial capital
(C)
Money capital
(D)
All the above
Question-9
The Sabbath (weak end) was introduced by
(A)
Hebrews
(B)
Greeks
(C)
Romans
(D)
Indians
Question-10
Economic growth can be measured by
(A)
NNI
(B)
GNP
(C)
GDP
(D)
MPC
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Plus 1 Humanities
Tamil Nadu (English Medium)
Practice in Related Chapters
Economic Growth and Development
Population
Poverty and Unemployment
Economic Planning
Banking
Agriculture
Measures of Variability
Statistical Analysis and Measures of Central Pendency
Human Resource Development
Foreign Trade
Industrial Sector
National Income
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