(A) 3

(B)4

(C)2

(D)None of these

(A) Increase in the Gross National Product of a country

(B)Increase in the per capita Gross National product

(C)Increase in the availability of resources

(D)None of these

(A) Demand and supply

(B)Quality

(C)Advertisement

(D)None of these

(A) Joint sector

(B)Private sector

(C)Public sector

(D)None of these

(A) Consumer monopoly

(B)Consumer sovereignty

(C)Consumer choice

(D)None of these

(A) Investor

(B)Government

(C)Entrepreneurs

(D)None of these

(A) Production is done for the welfare of the society

(B)The defects of capitalism are minimized

(C)Equality of opportunities is existing

(D)None of these

(A) Give assistance to Low income countries for their development

(B)Give assistance to member nations for reconstruction and development

(C)Give assistance to developed countries for economic development

(D)None of these

(A) The smooth production and distribution of commodities in a country

(B)The arrangement preplanned and created

(C)The sum total of the arrangements made for the production and distribution of goods and services in a society.

(D)None of these

(A) Emergence of information Technology

(B)Growth of multinational corporation

(C)Flow of foreign money

(D)Liberalization of trade controls.