Question 3 :
Direct transfer of cash subsidy has increased allocative efficiency. This is a ____________ statement.
Question 5 :
Kautilya or Chanakya, who was in the Mauryan court, wrote the book _________________.
Question 6 :
Senior citizen deserve hike in pension and better medical care. This is a ______________ statement.
Question 9 :
Positive economics remains strictly neutral towards ends. This means that ____________.
Question 10 :
The goods produced by changing the form of raw materials are called _______ goods.
Question 11 :
The raw material received directly from nature become a part of _______ sector.
Question 15 :
In the above conservation whose statements shows positive aspect of Economics?
Question 18 :
a. Business economics makes a manager a more competent model builder.<br/>b. Business economics helps in reaching a variety of business decisions in a complicated environment.<br/>
Question 19 :
In pre-historic period, man wandered from one place to another to satisfy his 'Wants'. Here 'Wants"  is referred to _____.<br/>
Question 20 :
'A government deficit will reduce unemployment and an increase in prices.' This statement is _____.
Question 24 :
To reduce pollution, government should impose heavy penalty on polluting vehicles. This is a __________ statement.
Question 27 :
The difference between the positive and normative approach in economics is that ___________.
Question 32 :
The collection of institutions, laws, activities, controlling values, and human motivations that collectively provide a framework for economic decision-making is known as _________.
Question 33 :
"Economics is what it ought to be", This statement refers to which of the following terms in economics?
Question 34 :
All the human activities undertaken for earning money and spending money are considered as ___ activities
Question 35 :
The term "economics" is derived from the Greek words "oikos" and "nomos" meaning _________.
Question 36 :
$25$ point reduction in CRR has increased money supply is a ____________ statement.
Question 37 :
The best indicator of economic development of any country is __________.
Question 43 :
Which of these is not one of the three basic economic questions?
Question 45 :
While dealing with issues like how the national income should be distributed, what should be the wage rate, etc. the __________ aspect of economics is projected and brought out.
Question 46 :
Which of the following statements is not true about positive statements?
Question 51 :
Which of the following statement is incorrect if economics is considered as a positive science?
Question 52 :
A real value can be derived from a nominal value by _______.
Question 53 :
Which one of the following is not included in the internal check as regards purchases?<br>
Question 58 :
If you give up a full time job to go to college, the major cost is ________.<br/>
Question 59 :
While laying down theories (like law of demand, law of supply), the __________ aspect of economics is projected and brought out.
Question 61 :
The nature of economic problems and their solutions is closely linked with the_______ofthe economic system.
Question 63 :
The problem of what and how to produce is studied under which branch of economics?
Question 65 :
If the price of good A decreases, the quantity demanded of good B increases. Then good A and B are _____ .
Question 71 :
Which of these is correct, if economics is considered as a positive science?
Question 72 :
Which of the following statements is not true about positive and normative science ?
Question 73 :
The Theory of Economic Drain from India to England was propounded by ____________.
Question 74 :
Which of these is false, if economics is considered as a normative science?
Question 76 :
Which of the following statements would you consider to be a normative one?
Question 81 :
Ram: My corn harvest this year is poor.<br/>Lakshman: Don't worry. Price increases will compensate for the fall in quantity supplied.<br/>Krishna: Climate affects crop yields. Some years are bad, others are good.<br/>Balram: The Government ought to guarantee that our Income will not fall.<br/>In this conversation, the normative statement is made by ____________.<br/>
Question 82 :
When you judge economic decisions as per you own values, which category of economics would you be applying?
Question 83 :
___________ economics explains economic phenomena according to their cause and effects.
Question 88 :
Which of the following is/are the method adopted for investigating economic facts?
Question 92 : Match the correct pairs:<br/><table class="wysiwyg-table"><tbody><tr></tr><tr><td>Group "A"</td><td>Group "B"</td></tr><tr><td>1. Demand and price</td><td>a. Rent</td></tr><tr><td>2. Perfectly elastic supply</td><td>b. 1935</td></tr><tr><td>3. Land</td><td>c. Transfer income</td></tr><tr><td>4. Unemployment</td><td>d. Horizontal supply curve</td></tr><tr><td>5. Reserve Bank of India</td><td>e. Inverse relation</td></tr></tbody></table>
