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You Are On Multi Choice Question Bank SET 2251

112551. "A position from which it is impossible to make any one better off without making someone worse off by any re-allocation of resources and outputs" - said by





112552. The theory of lemon was first developed in





112553. During the 11th 5 - year plan, agricultural sector targeted 4% of GDP - Indicate actual achievement





112554. In the words of prof. Musgrave, fiscal operations of the government consists of





112555. Multi level planning means





112556. The states which are highly dependent an central grants for meeting their financial requirements





112557. economic growth refers to the problem of





112558. The total number of government enterprises as on March 31, 2010 was





112559. Which of the following resulted from great depression





112560. The Gandhian model of economic development states that





112561. Select the correct sequence of a stages of internationalization





112562. Foreign direct Investment results in





112563. Alfred Marshall defined economics as a study of





112564. The inter - relationships and equilibrium adjustment between economic units, which determine the allocation of resources in the society




112565. The government would get more revenue by levying indirect taxes on





112566. The point method of measuring elasticity of demand was developed by





112567. The differenc between the potential price and the actual price, is called,





112568. Revealed preference theory was given by





112569. Revealed preference theory is described as





112570. If the income effect is positive, both commodities are





112571. In India 'Primary deficit' is





112572. Input-Output analysis related with the name of





112573. The Cobb-Douglas production function implies




112574. The condition for attaining equilibrium of a firm is





112575. Under perfect competition in the long run a firm can earn





112576. A market situation in which there is a single buyer of goods and services





112577. Match the following a) Perfect competition 1. Price Maker b) Monopoly 2. Price taker c) Monopolistic competition 3. Rigid price d) Oligopoly 4. Price searcher





112578. The Law which explains the behaviour of production in the short run is the





112579. Match the following : a) Internal economies 1. for industries b) Externaleconomies 2. over production c) Large scale production 3. least cost firm d) Optimum firm 4. for single firm





112580. The Locus of the points of tangency between isoquant and the isocost curves are called





112581. In which of the following years was growth rate in India's GDP at factor cost and at constant prices (2004-05) the highest





112582. The importance of externality in economic devlopment was introduced by





112583. Match the period of Five Year Plan Five Year Plan Period a) Third Five Year Plan 1. 2002-07 b) Seventh Five Year Plan 2. 2012-17 c) Nineth Five Year Plan 3. 1961-66 d) Twelfth Five Year Plan 4. 1985-90





112584. Identify the steps taken in the Phase - I of Land reforms in India from the given List and choose the correct answers from the code given below. Abolition of Intermediaries. Reorganisation of Agriculture Devising a fair and speedy process of land acquisition policy. Tenancy reforms.





112585. Identify new thrust areas in Indian Agriculture Stagnation in the output of pulses. Production of edible oil. New strategies of irrigation and water management. Use of bio-fertilizers has to be expanded. Choose the correct answers from the codes given below





112586. In which one the following Five Year Plan, Indian Economy did not fix the targets for the crop production for the first time





112587. Consider the following statements. 1. The First Green Revolution was confined to Punjab, Haryana was Western UP. 2. The Second Green Revolution spread to other areas of Punjab, Haryana and UP which were not covered in the First Green Revolution. Which of the statements given about is/are correct





112588. Workmen Compensation Act was introduced in the year





112589. Identify the statement which is not relate to the importance of rural industrialisation





112590. "Without public enterprise, there can be no private enterprise. Infact, it is former that enables the growth of the latter" Statement given by





112591. Match the List I and List II with correct answer : List I List II a) XII Finance Commission 1. A.N. Khusro b) XI Finance Commission 2. K. Santhanam c) XIII Finance Commission 3. C. Rangarajan d) X Finance Commission 4. K.C. Pant





112592. Find out which of the following are direct tax by using the codes given below. Income tax Sales tax Corporation tax Excise duty





112593. The size of the National income, growth of population, psychology of the tax payers etc... are the factors determining





112594. Prof. Raja J. Chelliah on tax reforms committee submitted its interim report on





112595. Identify the statement which is not associated with indirect tax





112596. The expenditure which leads to the creation of income yielding tangible assets of the govenment





112597. Assertion (A) : Wagner's law of public expenditure applicable to Governments Reason (R) : Government undergoing progress through public sector.





112598. The concept of zero-base budgeting was given by





112599. 2017 budget is presented in the parliament on





112600. Identify the assumptions of the theory of fiscal federalism Economic stability and just distribution of income can be done by federal government A federal government can be efficient and effective at solving problems of governments Allocation of resources can be done effectively by states and local governments Allocation of resources cannot be done effectively by states and local governments Select the correct answer using the codes given below.





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