Sellers market denotes a situation where
Demand exceeds supply
Supply exceeds demand
Supply and demand are equal
Commodities are available at competitive rates
'Closed Economy' is that economy in which ____
Only export takes place
Deficit financing takes place
Money supply is fully con-trolled
Neither export nor import takes place
Which of the following terms is used in Economics ?
Which of the following theories was given by Karl Marx ?
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Theory of class struggle
None of these
Which of the following terms is not used in Economics ?
Ad Valoram Tax
Demand and Supply
During period of inflation, tax rates should—
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When too much money is chasing too few goods, the situation is
The terms ‘Micro Economics’ and ‘Macro Economics’ were coined by—
The money which Govt. of India spends on the development of infrastructure in country comes from the which of the following sources ?
- Loan from World Bank/ADB etc
- Taxes collected from the people
- Loan from the RBI
All 1,2 and 3
Development means economic growth plus
Biggest planet of solar system is—
Marx belonged to—
There are 12 questions to complete.