LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Goods which are arado!

ica" to the "aw o# de$and are %%%%%%%% &orrect Answer Gi##en 'oods( ( )our Answer Gi##en 'oods( (

Multiple Choice Multiple Answer Question *+, The hase o# reco-er. denotes &orrect Answer More e$ "o.$ent o ortunities ( Increase in ro#ita/i"it. ( Wa'e rate increase )our Answer Increase in ro#ita/i"it. ( In-entories decrease ( More e$ "o.$ent o ortunities Multiple Choice Single Answer Question De$and #or se-era" roducts "i0e ice1crea$( choco"ate( /he"1 uri de ends on &orrect Answer indi-idua" tastes )our Answer indi-idua" tastes

Select The Blank Question Li0e a"" or'anis$( the #ir$ too is an or'anis$ accordin' to the %%%%%%%% &orrect Answer "i#e1c.c"e theor., )our Answer "i#e1c.c"e theor.,

Multiple Choice Single Answer Question The su ". cur-e durin' $ar0et eriod is &orrect Answer er#ect". ine"astic )our Answer True/False Question re"ati-e". e"astic

A 2oint Stoc0 &o$ an. has er etua" succession,

&orrect Answer True )our Answer True/False Question True

Macro econo$ic studies are /ased on e$ irica" e-idence,

&orrect Answer True )our Answer True

Select The Blank Question So"e Pro rietorshi which is a"so ca""ed so"e %%%%%%%% &orrect Answer tradershi )our Answer tradershi

Multiple Choice Multiple Answer Question Reasons #or need o# u/"ic distri/ution s.ste$ are &orrect Answer To $aintain sta/"e the su ". ( To su )our Answer To $aintain sta/"e the su ". ( To su rice conditions ( To /rin' an e##icient $ana'e$ent o# ". the necessar. 'oods to eo "e at reasona/"e rice rice conditions ( To /rin' an e##icient $ana'e$ent o# ". the necessar. 'oods to eo "e at reasona/"e rice

Multiple Choice Multiple Answer Question Inde! nu$/ers $a. /road". /e c"assi#ied as &orrect Answer Price indices ( Quantit. indices ( S ecia" ur ose indices )our Answer True/False Question Price indices ( Quantit. indices ( S ecia" ur ose indices

Price is the( on". deter$inant o# de$and

&orrect Answer Fa"se )our Answer True

Multiple Choice Multiple Answer Question &haracteristics o# the hase o# De ression are &orrect Answer The 'rowth rate /eco$es ne'ati-e ( The "e-e" o# nationa" inco$e dec"ines ra id". ( Decrease in econo$ic acti-ities )our Answer Decrease in econo$ic acti-ities ( The 'rowth rate /eco$es ne'ati-e ( The "e-e" o# nationa" inco$e dec"ines ra id". Multiple Choice Multiple Answer Question reasona/"e ro#it3 are &orrect Answer &a ita" Attraction ( P"ou'h 4ac0 ( Nor$a" earnin's )our Answer True/False Question &a ita" Attraction ( P"ou'h 4ac0 ( Nor$a" earnin's

The o ortunit. cost o# a roduct is the o roduce so$e other roduct, &orrect Answer Fa"se )our Answer True

ortunit. 'ained o# /ein' a/"e to

True/False Question

4ar'ainin' is one o# the re$edies o# correcti-e action,

&orrect Answer Fa"se )our Answer True

Select The Blank Question The su$ o# a"" indi-idua" de$ands constitutes%%%%%%%% &orrect Answer $ar0et de$and )our Answer $ar0et de$and

Select The Blank Question In the conte!t o# e!terna"ities( dri-in' the s$o0e1e$ittin' /uses and truc0s in the cities is an e!a$ "e o# %%%%%%%% cost, &orrect Answer socia" )our Answer socia"

Multiple Choice Multiple Answer Question A co$ etiti-e industr. has three /asic characteristics &orrect Answer Lar'e Nu$/er o# Fir$s ( 5o$o'eneous Product ( Free entr. and e!it )our Answer Lar'e Nu$/er o# Fir$s ( 5o$o'eneous Product ( Free entr. and e!it

Multiple Choice Multiple Answer Question T. es o# i$ er#ect co$ etition are &orrect Answer Mono o". ( Duo o". ( O"i'o o". )our Answer Mono o". ( Duo o". ( O"i'o o".

Multiple Choice Single Answer Question The u/"ic sector is owned 6 contro""ed /. &orrect Answer state enter rises )our Answer state enter rises

Multiple Choice Single Answer Question O-er the .ears in India the 'o-t, e! enditure is &orrect Answer increasin' )our Answer increasin'

Select The Blank

Question

In a $ar0et s.ste$ o# an econo$.( roducers are 'uided /. %%%%%%%% $oti-e, &orrect Answer ro#it )our Answer True/False Question ro#it

There is no se aration o# ownershi and $ana'e$ent in case o# a 2oint Stoc0 &o$ an. &orrect Answer Fa"se )our Answer Fa"se

Multiple Choice Single Answer Question Sa-in' is a &orrect Answer ri-ate -irtue )our Answer socia" -irtue

Multiple Choice Multiple Answer Question Features o# an Industr. are &orrect Answer A"" #ir$s dea"in' in the sa$e "ine o# /usiness ( The ownershi and $ana'e$ent o# each #ir$ is di##erent ( Is a 'rou o# #ir$s )our Answer A"" #ir$s dea"in' in the sa$e "ine o# /usiness ( The ownershi and $ana'e$ent o# each #ir$ is di##erent Select The Blank Question The inde! nu$/ers which are co$ i"ed to $easure the chan'es in retai" rices o# -arious co$$odities re#ers to %%%%%%%% &orrect Answer Retai" rices inde! )our Answer Retai" rices inde!

Multiple Choice Multiple Answer Question 4rea01E-en ana".sis is deri-ed /. &orrect Answer Fi!ed cost ( A-era'e -aria/"e cost ( Quantit. o# 'oods and rice )our Answer True/False Question Fi!ed cost ( A-era'e -aria/"e cost ( I$ "icit cost

In an. /usiness( whi"e #or$u"atin' a ro#it o"ic.( the ossi/i"it. o# e$er'ence o# ri-a" #ir$s $ust /e ta0en in to account &orrect Answer True )our Answer True

Multiple Choice Single Answer

Question

&osts which increase /ecause o# the e! ansion o# a #ir$ are ca""ed

&orrect Answer incre$enta" )our Answer incre$enta"

Select The Blank Question The "ia/i"it. o# a 7arta in a 2oint 5indu Fa$i". 4usiness #ir$ is %%%%%%%%, &orrect Answer "i$ited )our Answer 8oint

Multiple Choice Single Answer Question A #ir$ is a unit o# roduction( where roduction is done with the ai$ to $a!i$i9e &orrect Answer ro#its )our Answer True/False Question ro#its

&a ita"is$ e$ hasis $ore on turno-er rather than creatin' ro#its

&orrect Answer Fa"se )our Answer Fa"se

Multiple Choice Single Answer Question The Go-ern$ent atte$ ts to increase su "ies o# #ood 'rains and other essentia" 'oods in ti$es o# interna" shorta'e throu'h "ar'er &orrect Answer i$ orts )our Answer i$ orts

Multiple Choice Multiple Answer Question Price discri$ination is ossi/"e in case o# &orrect Answer )our Answer True/False Question u/"ic uti"ities with "e'a" sanction ( ersonne" ser-ices so"d ( 'eo'ra hica" /arriers $ono o"istic $ar0et

In#"ation is a 'reat o

ortunit. #or $erchants to earn $ore ro#it,

&orrect Answer True )our Answer Fa"se

Select The Blank

Question

The 'ood /eco$es %%%%%%%% so #ar as its use is concerned on". when it is riced in the $ar0et and the rinci "e o# e!c"usion is a "ied to it, &orrect Answer di-isi/"e )our Answer sa"a/"e

Multiple Choice Multiple Answer Question &haracteristics o# Pure Pu/"ic 'oods are: &orrect Answer The. are co$ "ete". indi-isi/"e ( Their $ar'ina" cost wou"d /e 9ero or c"ose to 9ero ( Their /ene#its cannot /e riced )our Answer The. are co$ "ete". indi-isi/"e ( Their $ar'ina" cost wou"d /e 9ero or c"ose to 9ero ( Princi "e o# E!c"usion a "ies to the$ ( Their /ene#its cannot /e riced Multiple Choice Single Answer Question Forecasts $ade either throu'h e! erience or throu'h $ethodi'istic are &orrect Answer statistica" )our Answer "o'istic

Multiple Choice Multiple Answer Question In the D.na$ic Theor. o# Pro#it( Pro#, &"ar0 has ointed out the t. es o# chan'es( which are &orrect Answer &han'es in the su ". o# ca ita" ( &han'es in o u"ation ( &han'es in the techni;ues o# roduction )our Answer &han'es in the su ". o# ca ita" ( &han'es in o u"ation ( &han'es in the techni;ues o# roduction Multiple Choice Single Answer Question An i$ ressi-e ad-ertise$ent o# a co$$odit. $a. resu"t in the de$and to &orrect Answer increase )our Answer increase

Match The Following Question Unaccounted $one. The new industria" o"ic. *<<* Mar0et econo$. Mar0et Mechanis$ Select The Blank

&orrect Answer 4"ac0 $one. Li/era"i9ation P"an "ess econo$. E$er'ence o# Mono o"ies

)our Answer 4"ac0 $one. Li/era"i9ation P"anned econo$. No Mono o"ies

Question

In the conte!t o# #or$u"atin' an in-est$ent ro8ect( %%%%%%%% #easi/i"it. $eans the a-ai"a/i"it. o# su er-isors #or i$ "e$entin' and runnin' the ro8ect s$ooth". and ro#essiona""., &orrect Answer $ana'e$ent )our Answer technica"

Select The Blank Question I# the out ut rises in the 'reater ro ortion than that o# the increase in #actor in uts( it is re#erred to as %%%%%%%%, &orrect Answer increasin' returns to sca"e, )our Answer True/False Question increasin' returns to sca"e,

A shi#t in the de$and cur-e to the "e#t shows increase in de$and,

&orrect Answer Fa"se )our Answer Fa"se

Multiple Choice Single Answer Question Incor oration o# 'o-ern$ent co$ an. is &orrect Answer co$ u"sor. )our Answer co$ u"sor.

Multiple Choice Single Answer Question 5ow is soceit.3s out ut o# 'oods and ser-ices di-ided a$on' its $e$/ers is discussed under the &orrect Answer Theor. o# distri/ution )our Answer Theor. o# econo$ic 'rowth