Sellers market denotes a situation where
Commodities are available at competitive rates
Supply exceeds demand
Demand exceeds supply
Supply and demand are equal
'Closed Economy' is that economy in which ____
Deficit financing takes place
Money supply is fully con-trolled
Only export takes place
Neither export nor import takes place
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
Ques. Which of the following is generally free from trade barriers and where exports and imports from a large percentage of GDP ?
GDP in a country is usually calculated by
System of National Accounts
National Statistical Agency
International Monetary Fund
Marx belonged to—
Which of the following theories was given by Karl Marx ?
Related: ITBP SI Job Guide
Theory of class struggle
None of these
Which of the following terms is not used in Economics ?
Ad Valoram Tax
Demand and Supply
Which of the following terms is used in Economics ?
During period of inflation, tax rates should—
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The terms ‘Micro Economics’ and ‘Macro Economics’ were coined by—
Lack of access to financial services is technically known as
Development means economic growth plus
When too much money is chasing too few goods, the situation is
There are 14 questions to complete.