Smartindia Classroom
CONTENTS
English
Economics
History & Civics
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Question-1
Fertilizer and food subsidies are examples of ___________.
(A)
Public revenue
(B)
public taxes
(C)
transfer payments
(D)
None of these
Question-2
Intermediate goods are __________ national income
(A)
Included
(B)
Not included
(C)
after processing it would consider
(D)
none of these
Question-3
National income includes all except _______.
(A)
production of car
(B)
transfer payment
(C)
selling of a new car
(D)
rice production
Question-4
________ are example for transfer payments
(A)
Old age pension
(B)
social security schemes
(C)
gifts
(D)
all of these
Question-5
In a circular-flow of income it is assume that, there would be ___________.
(A)
Disequilibrium
(B)
partial equilibrium
(C)
equilibrium
(D)
none of these
Question-6
_______ is an intermediate goods.
(A)
fridge
(B)
Washing machine
(C)
TV
(D)
Crop
Question-7
When an economy develops, the share of _________ in national income
(A)
agriculture rises
(B)
industry goes up
(C)
Service goes up
(D)
Agriculture falls
Question-8
The pattern of growth rate of national income is ___________ compared with other developing countries
(A)
High
(B)
Low
(C)
Moderate
(D)
None of these
Question-9
Savings represents _______ from the circular flow of income.
(A)
Leakage
(B)
injection
(C)
Leakage or injection
(D)
none of these
Question-10
The government spends the income collected through public revenue for __________.
(A)
Administration
(B)
maintenance of law and order
(C)
developmental activities
(D)
all of these
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Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
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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
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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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