Indian economy for ssc cgl
Rent is a cost paid for–
(A) Land
(B) Restaurant
(C) Building
(D) Factory
Correct Answer : A
What will happen if labour productivity is increased?
(A) Balanced cash wage will decrease
(B) Competitive firms will be forced to invest more
(C) Labour demand curve will shift towards right
(D) None of the above.
Correct Answer : C
The Production of a commodity mostly through the natural process is an activity of–
(A) Primary Sector
(B) Secondary Sector
(C) Tertiary Sector
(D) Technology Sector
Correct Answer : A
Which among of the following is not a positive sign for any industry.
(A) Decrease in profit
(B) Labour instability
(C) Decrease in market
(D) Decrease in demand
Correct Answer : A
The Social Accounting system in India is classified into–
(A) Assets, Liabilities and Debt Position
(B) Public sector, Private Sector and Joint Sector
(C) Income, Product and Expenditure
(D) Enterprise, Households and Government
Correct Answer : C
IMF was established to meet which of the following objectives.
(i) Promoting International Monetary Cooperation
(ii) Expending International Trade
(iii) Lessening the inequlibrium in trade
(iv) Avoiding competitive exchange depreciations.
(A) i,ii,iii
(B) i, iii, iv
(C) ii, iv
(D) i, ii, iii, iv
Correct Answer : B
Arthashastra by “Kautilya” is related with–
(A) Military Phase
(B) Political Reign
(C) Social Phase
(D) Economic Postulates
Correct Answer : B
The capital of IMF is made up by the contribution of–
(A) Credit
(B) Deficit Financing
(C) Member Nations
(D) Borrowings
Correct Answer : C
“Micro” and “Macro” words was firstly used by–
(A) Ragnar Frisch
(B) I. Fischer
(C) James Tobin
(D) Garle
Correct Answer : A
The term “Micro Economics” and “Macro Economics” was coined by–
(A) Alfred Marshal
(B) Ragner Nurkse
(C) Ragner Frisch
(D) J.M. Keynes
Correct Answer : C
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