Who argued that national income issimply equal to “net product of agriculture”?

May 3, 2021 by QuizMaster

Question:

Who argued that national income issimply equal to “net product of agriculture”?

mercantilists

physiocrats

classical economists

neo classical economists

Answer» b. physiocrats

Note:

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

A set containing all the elements of the universal set except those of set A is called

May 3, 2021 by QuizMaster

Question:

A set containing all the elements of the universal set except those of set A is called

complement of set a

complement of universal set

union of a and universal set

universal set itself

Answer» a. complement of set a

Note:

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

Theory of demand examines the behaviour of the——–

May 3, 2021 by QuizMaster

Question:

Theory of demand examines the behaviour of the——–

Consumer

Producer

Firm

Industry

Answer» a. Consumer

Note:

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

Keynes assumed the presence of ——— economy for the fundamental law of consumption

May 3, 2021 by QuizMaster

Question:

Keynes assumed the presence of ——— economy for the fundamental law of consumption

Capitalistic

Socialistic

Planned

None of the above

Answer» a. Capitalistic

Note:

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

The United Nations Conference on the Human Environment took place in theyear;

May 3, 2021 by QuizMaster

Question:

The United Nations Conference on the Human Environment took place in theyear;

1992

1968

1972

1970

Answer» c. 1972

Note:

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

What is true for inductive method?

May 3, 2021 by QuizMaster

Question:

What is true for inductive method?

Hypothetical

Empirical

Ignores experimentation

Static

Answer» b. Empirical

Note:

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

Find odd one

May 3, 2021 by QuizMaster

Question:

Find odd one

e-banking

virtual banking

online banking

m-banking.

Answer» d. m-banking.

Note:

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

If marginal revenue is Rs.25/- and elasticity of demand w.r.t price is 2, then the averagerevenue is

May 3, 2021 by QuizMaster

Question:

If marginal revenue is Rs.25/- and elasticity of demand w.r.t price is 2, then the averagerevenue is

100

Answer» a. 50

Note:

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

A hypothesis is a :

May 3, 2021 by QuizMaster

Question:

A hypothesis is a :

Statement of facts

Statement of observations made by a researcher

Statement of expected out of research

A proposition the validity of which is to be tested

Answer» d. A proposition the validity of which is to be tested

Note:

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

MEC is directly related to

May 3, 2021 by QuizMaster

Question:

MEC is directly related to

prospective yield

supply price

rate of interest

all of the above

Answer» a. prospective yield

Note:

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