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You Are On Multi Choice Question Bank SET 2008

100401. The intrinsic value of representative token money is





100402. The monetary base for credit expansion consists of



100403. Monetarist believe that a reduction in inflation can be achieved by





100404. The phillips curve shows





100405. Deflation is a situation when prices fall along with





100406. The Industrial Policy which gave a concrete shape to the concept of mixed economy in India





100407. "The Wealth of Nations" was primarily concerned with the problem of





100408. The book "Wealth of Nations" by Adam Smith, published in the year





100409. The source of capital accumulation in the hands of the government in the Ricardian theory





100410. According to Malthus, sluts and under consumption in an economy would lead to





100411. To break the circular flow, an innovative entrepreneurs are financed by





100412. Which of the following theories was rejected by Schumpeter





100413. "A man who did not do body labour had no right to eat" is based on the concept of





100414. The pillars of Periyar's Socio-economic philosophy are





100415. Ambedkar's idea of state socialism is based on the philosophy of





100416. "The problem of the Rupee : Its origin and its solution" - was written by





100417. Net National Product (NNP) is equal to





100418. In recent years, the sector contributes more to the National Income of India





100419. The equilibrium level of income is determined





100420. The classical economist believed in the existence of ............. in the economy.





100421. IS curve slopes downward





100422. Equilibrium in the money market requires an





100423. The IS-LM model uses two relations to determine, the two endogenous variables, they are





100424. Any increase in government expenditure may have an expansionary effect even though these expenditure are matched by an equal increase in taxes. This has been called





100425. The combined effect of the multiplier and the accelerator is also called





100426. Choose the correct sentence:?





100427. The statement of Government's policy and major instrument of the expression of the Government programme





100428. The saddle point denotes





100429. Ethical statements which perform recommendatory, influential and persuasive functions, are





100430. At the optimum point of Rawls social welfare theory, the two individuals income are





100431. Input-Output analysis was invented by Wassily. W. Leontief in the year





100432. The double criterion of welfare was propounded by





100433. Kaldor - Hicks criterion states the





100434. Imperfect inforamation is





100435. .............. was the first economist to give a welfare criterion based on compensating principles.





100436. Identify the issues of 'development planning' from the given list and choose the correct answer from the codes given below. To increase the gross as well as percapita income with attaining full employment Total structural changes in the society Corrective planning





100437. A comprehensive plan means





100438. The basic objectives of economic planning in our country is to





100439. The congress government announced its industrial policy in





100440. Millennium development goals was [MDGS] agreed by .................... world leaders in the year ............





100441. "Laissez-faire" policy refers to





100442. Identify the thrust areas of 'New economic policy' of India and select the correct answer from the codes given below Larger scope to private sector Industrial licensing Export-import policy 100 percent FDI





100443. Globalisation is generally termed as





100444. Free trade among countries will determine the prices of commodities and services at ...........





100445. The objectives of the first five year plan in India are





100446. The word 'Micro' is derived from ............ language





100447. Macro economics deals with





100448. Normative economics is concerned with the





100449. Demand curves are shifting to the right or left due to





100450. The formula for the measurement of price elasticity of demand is





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