Oligopoly is characterized by:

April 26, 2021 by admin

Question:

Oligopoly is characterized by:

A few Sellers

One seller

Large Sellers

All of these

Answer» a. A few Sellers

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

The relationship between income and interest in the IS curve is:

April 26, 2021 by admin

Question:

The relationship between income and interest in the IS curve is:

direct

indirect

no relation

none

Answer» b. indirect

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

If output is exhausted by the distributive shares of all factors:

April 26, 2021 by admin

Question:

If output is exhausted by the distributive shares of all factors:

euler theorem

output elasticity

labour share

none

Answer» a. euler theorem

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Which of the following is not an objective of monetary policy?

April 26, 2021 by admin

Question:

Which of the following is not an objective of monetary policy?

Price stability

Balance of Payments equilibrium

Economic growth

Reduction in export

Answer» d. Reduction in export

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Standard error is defined as,

April 26, 2021 by admin

Question:

Standard error is defined as,

standard deviation of the sampling distribution

standard deviation of the population

variance of the sampling distribution

variance of the population

Answer» a. standard deviation of the sampling distribution

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

The objects constituting a set are called

April 26, 2021 by admin

Question:

The objects constituting a set are called

estimates

elements

set objects

none of these

Answer» a. estimates

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Who of the following emphasized the normative aspect of Economics as a science?

April 26, 2021 by admin

Question:

Who of the following emphasized the normative aspect of Economics as a science?

The English classical school

Lionel Robbins

The German historical school

None of these.

Answer» c. The German historical school

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

A business cycle has:

April 26, 2021 by admin

Question:

A business cycle has:

three phases

four phases

five phases

six phases

Answer» b. four phases

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Which of the following is irrelevant for rational decision making?

April 26, 2021 by admin

Question:

Which of the following is irrelevant for rational decision making?

Total variable cost (TVC)

Explicit cost.

Average fixed cost (AFC).

Marginal cost (MC).

Answer» a. Total variable cost (TVC)

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

conformity condition for matrix addition is that matrices should be

April 26, 2021 by admin

Question:

conformity condition for matrix addition is that matrices should be

square

same order

equal

proportional

Answer» b. same order

Note:

The above multiple-choice question is for all general and Competitive Exams in India.