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English
Economics
History & Civics
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Question-1
The concept of indestructible powers of soil has been developed by __________.
(A)
Smith
(B)
Malthus
(C)
Ricardo
(D)
None of these
Question-2
The gross payment made for the services of land and other services of a land is known as ____________.
(A)
Smith's rent
(B)
Richardian rent
(C)
Contractual rent
(D)
none of these
Question-3
___________ is the minimum amount which is necessary to keep a fator of produciton in its persent employment.
(A)
Transfer economy
(B)
transfer earning
(C)
transfer payments
(D)
none of these
Question-4
Less the elastic supply of a factor, __________ would be economic rent.
(A)
Less
(B)
more
(C)
constant
(D)
none of these
Question-5
In economic sense __________ refers to the payment made for the factors of production which are imperfectly elastic in supply.
(A)
Wages
(B)
Interest
(C)
Rent
(D)
Profit
Question-6
Land rent according to Richardo is different from contractual rent in terms of _______.
(A)
Location
(B)
fertility
(C)
1 and 2
(D)
use of natural resources only
Question-7
The surplus income of the factor in the short-run is known as _______.
(A)
Economic rent
(B)
Quasi rent
(C)
normal rent
(D)
none of these
Question-8
According to Marshall, interest is the reward for _________.
(A)
Abstinence
(B)
Liquidity
(C)
risk
(D)
waiting
Question-9
The basic reason for rent according to Ricardo is __________.
(A)
Location
(B)
fertility of the soil
(C)
1 and 2
(D)
use of natural resources only
Question-10
Modern theory of rent assumes that rent does include _________.
(A)
Income
(B)
Price
(C)
National income
(D)
none of these
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Plus 2 Humanities
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Practice in Related Chapters
Micro Economic Theory
Theory of Consumer Behavior; Marginal Utility and Indifference Curve Analysis
Law of Supply and Price Elasticity of Supply
Laws of Returns - Returns to a Factor and Returns to Scale
Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
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