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Geography
Economics
Political Science
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Question-1
Which one of the following is not a theory of economic development
(A)
The Marxist theory
(B)
Rostow's stages of growth
(C)
The English classical theory
(D)
Samuelson's Revealed Preference theory
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
Potential growth measures:
(A)
The growth of the fastest economy in the world
(B)
The fastest growth an economy has ever achieved
(C)
The present rate of growth of an economy
(D)
The rate of growth that could be achieved if resources were fully employed
Question-4
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-5
The father of New Economics is
(A)
Adam Smith
(B)
Marshall
(C)
Karlmarx
(D)
J.M. Keynes
Question-6
The author of Arthashasthra is
(A)
Thiruvalluvar
(B)
Kautilya
(C)
Jawaharlal Nehru
(D)
Mahatma Gandhi
Question-7
Economic growth is important because
(A)
People want a better environment
(B)
People will be happier
(C)
People want less crime
(D)
People want higher incomes and more consumer goods
Question-8
Gross National Product equals:
(A)
Net National Product adjusted for inflation
(B)
Gross Domestic Product adjusted for inflation
(C)
Gross Domestic Product plus net property income from abroad
(D)
Net National Product plus net property income from abroad
Question-9
The Sabbath (weak end) was introduced by
(A)
Hebrews
(B)
Greeks
(C)
Romans
(D)
Indians
Question-10
The classical economists believed in
(A)
Laissez Faire
(B)
Economic policy
(C)
Capitalism
(D)
Marxism
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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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