The organizational modifications can be accomplished only by the
Private sector
Public sector
Government
None of these
Agricultural productivity can be improved through
Factors of production
Income opportunities
Organising business activities
Industrialization
Robbin's Definition is called
Scarcity Oriented Definition
Wealth Oriented Definition
Growth Oriented Definition
Welfare Oriented Definition
Free economy is also called
Planned economy
Unplanned economy
Open economy
Complex economy
In the absence of a ________,the private businessmen and entrepreneurs have a tendency to exploit common masses and to earn more profits.
Monetary Policy
Fiscal Policy
Tariff Policy
Price Policy
Who is considered to be the father of Economics?
Pigou
Keynes
Adam Smith
Robbin
The main and the fundamental aim of Economics is to promote
Wealth
Human Welfare
Economic Welfare
Production
It creates the demand for various commodities.
Consumers
Producers
Investors
Economic transactions between the consumers and the producers allows _____________in an economy.
Increase
Decrease
Both A & B
Constant
The important feature in Marshall's welfare definition of economics is
Social Science
Scarcity of Means
Efficient Allocation of Resources
Society