Page 1 :
1., 2., , 3., 4., , 5., 6., 7., , 8., , 9., 10., , 11., , 12., , 13., , 14., 15., 16., , 17., 18., 19., , 20., 21., , 22., , 'Nav-Malthusian theory related to- lack of, resources, The expenditure incurred by an entrepreneur on, advertising and public relations is part of its, expenditure - Intermediate consumption, On what methodology is the planned economy in, India - socialist system, What do we know when considering Giffen and, substandard goods - Giffen goods must also be, cheap., Demand for substandard goods falls when, income increases., Average variable cost curve …… are shaped by, –U, In which rule it has been said that as incomes, increase with constant taste and preferences, the, proportion of income spent on food items, decreases- Angel rule, Those goods which are either fixed for, consumption or investment, what are called end goods, In which period of extreme recession came - the, year 1929-34, Who can fix India's balance of payments currency devaluation, strong export, promotion, import substitution, Devaluation of currency results in increase in, exports and improvement in balance of, payments., Which tax is collected by the Central, Government- Income tax, customs duty,, production duty, Whose losses are financed by net capital flows, received from abroad, thus capital account is, more - current account, Fiscal policy is concerned with- the income and, expenditure of the government, Taxation is a tool - fiscal policy, Which method is used to determine the national, income of a country - income system,, production system, input system, Who is not included while estimating national, income by income method – Pension, What is meant by personal disposable incomePersonal Income - Direct Tax, Economic progress of the country is determined, on the basis of - increase in per capita income, of the country, Real life standard of an individual can be, estimated by per capita income., Economic growth is related to- Continuous, growth of real income per capita in an, economy for some period, When income increases, in what proportion does, consumption also increase - in low proportion, , 23. National income is made up of - by any, production activity, 24. Estimates of national income in India are, prepared - by the Central Statistical, Organization, 25. Multinational firms - are a company practiced, in many countries., 26. What are the advantages of a firm - saving on, production costs, 27. Real GDP is measured at constant prices., 28. Percentage of current financial deficit in GDP is4, 29. Indirect taxes are by- Increasing order, 30. Tax is said to be regressive when its weight is, much higher on the poor than the rich., 31. What is the formal method of entering into trade, agreements with groups of countries - trading, blocks, 32. Which cost is related to minimum cost - variable, cost, 33. Tooth paste products are sold undermonopolistic competition, 34. When there is only one buyer and one seller of a, commodity, then it is called ......... status bipartisan monopoly., 35. In which market structure the demand curve of, the market is reflected by the demand curve of, the firm- Monopoly, 36. What are the number of sellers in a monopoly, market structure – One, 37. Competitive position of a company can be, improved by .......... Understanding and, meeting customer requirement, 38. Basic cost is equal to - the sum of, administrative cost in variable cost, 39. Increasing per capita income would indicate a, better welfare if it is accompanied by- a changed, income distribution in favor of the poor., 40. Capital formation in an economy depends- on, the total savings., 41. The best example of a capital intensive industry, in India is- the steel industry., 42. Removal of barriers or restrictions imposed by, the government is called – liberalization, 43. In the capitalist economy, the pricing is done by, - demand and supply, 44. According to communism, who are the main, enemies of the society - personal property, 45. South-South Dialogues are related toCooperatives in developing countries, 46. What is called the tree accumulation of records, in a data set - hierarchical model, 47. India and the United States have decided to, finalize the agreement related to- Trade and, Investment

Page 2 :
48. What is defined as the average rate of, consumption - total consumption share total, income, 49. When income increases in the short term, the, average trend of consumption generally, declines., 50. The increase in demand for a common, commodity is accompanied by- an increase in, the income of the consumer, 51. What is the market with large number of big, firms – oligopoly, 52. In which market conditions firms are dominant monopolistic competition, 53. When complete market conditions exist - when, there are a large number of buyers and, sellers., 54. Firms are often price takers under the full, competitive market, 55. When a firm's equilibrium will be determined, under full competition - Marginal power >, Average cost, 56. Who determines the equilibrium price in the, market- Equality between marginal cost and, marginal revenue., 57. Who supported the notion of division of laborSmith, 58. Don't take interest in building a privately-based, structure because - it takes a long time to get its, return., 59. Gold is mainly related to- international market, 60. Which region pays the highest tax - industrial, sector, 61. Blue and White Revolution are associated withFishing and Dairy Industry, 62. Who are the Golden Revolution related to Horticulture and Beekeeping., 63. In economics, equilibrium means equal balance, 64. SEZ stands for- Special Economic Zone, 65. An Information Technology Special Economic, Zone Next Zone is being set up - in Panvel,, Maharashtra, 66. When there is a change in the price of a, commodity, its demand does not change. What, demand will it be called - completely inelastic, 67. What happens when the productivity of labor, increases - the labor demand curve shifts to, the right., 68. What will happen to the tax rates during the time, of inflation – increase, 69. To what does marginal cost equal- change in, total cost divided by volume variable, 70. The need to generate demand- Income, 71. According to the scale, the law of consideration, is a notion of long- run production., 72. Internal rate of return - equals the present value, of benefits equal to the present value of costs., , 73. The incremental return rule means loss of cost., 74. The third condition of the variable ratio rule is, called - negative consideration., 75. If there is a proportional change in the product, due to change in all the investments, then it, becomes a matter related to - Fixed Return in, Scale, 76. According to RBI report on banking trends and, progress, the percentage of non performing, assets in Indian banks in India during the year, 2008-09 was what in the year 2008 - 2.3 percent, 77. Moving along the supply curve is called ……expansion and contraction in supply, 78. When the demand curve does not shift - when, only the prices of goods change., 79. Why need becomes a demand - the desire to, buy, 80. A general rule of demand is' quantity demanded, increases - as price decreases, 81. Which of the pairs of goods represents joint, demand - computer and printer, 82. Which economist believed that unemployment is, impossible, and that market mechanisms have a, built-in regulatory system to cope with any ups, and downs - J.B. Seay, 83. Who introduced the market rule- J.B. Seay, 84. What is the demand for labor - derived demand, 85. According to the demand curve of a commodity,, the dynamics are due to the change in Consumers' income, 86. Those goods whose demand increases in the, opposite direction of the income of the, consumer, what is called- Low-level goods, 87. Human Poverty Index in HDR was launched in, the year- 1997., 88. Production function establishes relationship, with- investment output., 89. A firm's …… relationship between the inputs, used and the outputs produced by the firm is- the, production function., 90. Who regulates and oversees the Indian stock, market – SEBI, 91. In the socialist economy, all the factors of, production are owned and controlled by- the, state., 92. Economic planning is an essential characteristic, of- a socialist economy., 93. By whose contribution is the capital of the IMF Member States, 94. Under centralized planned economy .......... plans, all the important activities of that economyGovernment, 95. How many C.P.S.E. in India Navratna, companies- 17

Page 3 :
96. In the Indian economy, on what basis are sectors, classified into public and private - ownership of, enterprises, 97. Who first estimated the national income in India, - Dadabhai Naoroji, 98. Who has eradicated rural poverty. Had supported, the adoption of the model - A.P.J. Abdul kalam, 99. Indian Economic Review ……… publishesMinistry of Finance, 100. In which year was the Planning Commission, formed in Bharata-1950, 101. Yonna holiday after which - Third Five Year, Plan, 102. Which scheme was first emphasized for the, removal of Grabi – fifth, 103. In which five-year plan, food scheme was started, for work – Tenth, 104. The Five Year Plan format is approved in India, by- the National Development Council, 105. What was the main objective of the first fiveyear plan - agricultural development, 106. Which five-year plan has been terminated one, year before the deadline - the fifth plan, 107. The Second Five-Year Plan was based on theMahalanobis model., 108. In which five-year plan, heavy industry was, given priority – second, 109. Who is the Chairman of Planning Commission Prime Minister, 110. NITI Aayog has been created in place of which, institution- Planning Commission, 111. By whom is the publication of Yojana magazine, - Ministry of Information and Broadcasting, 112. Which bank was formerly called Imperial Bank, of India - RBI., 113. Who determines the interest rate on savings, accounts in all nationalized commercial banks in, India - Reserve Bank of India, 114. Monetary and lending policy is announced byReserve Bank of India, 115. Which bank performs the duty of central bank in, India- Reserve Bank of India, 116. In which year the Reserve Bank of India was, nationalized – 1949, 117. In which year fourteen major banks were, nationalized in India – 1969, 118. Marginal consumption trends - 0 to 1, 119. NABARD is an abbreviation of which- National, Bank for Agriculture and Rural Development, 120. Which banks are limited to the requirements of, agriculture and rural finance- NABARD, 121. Who owns RRB - Central government, state, government, sponsored banks jointly with, everyone, 122. Who sponsors Regional Rural Banks - National, Commercial Bank, , 123. Which European Union country has its own, personal currency and has not adopted Euro –, Sweden, 124. By whom are the rupee notes issued Government of India, 125. Who signs a rupee note - Secretary of the, Ministry of Finance, 126. It is necessary for the Chairman of the Finance, Commission to be- a person with experience in, public affairs., 127. Who was the Chairman of the Thirteenth Finance, Commission - Dr. Vijay L. Kelkar, 128. Interest rate is determined by- liquidity, preference, 129. Bank rate is considered as the interest rate - on, which commercial banks borrow money from, the Reserve Bank of India., 130. What is the market from which money can be, obtained in the form of loan- Money market, 131. At what rate, Reserve Bank of India borrows, money from commercial banks - reverse repo, rate, 132. Trade policy includes- Export Import Policy, 133. When is the problem of undesirable balance of, payments - import and export, 134. Free trade means- uncontrolled exchange of, goods and services., 135. Acquisition of a currency means determining the, value of the currency at this level - higher., 136. Who WTO Promotes - Multilateral Trade, 137. Who are the main watchdogs of international, trade - World Trade Organization, 138. Who are members of Indian Ocean Coastal, Regional Cooperation Association (IORA) Bangladesh, Mauritius, India, 139. What is hawala - illegal trading of foreign, currency, 140. Who coined the terms microeconomics and, macroeconomics - Regner Christian, 141. Who is concerned with microeconomics individual units, 142. Kautilya's Arthashastra deals mainly withPolitical Governance, 143. From which language is the word economics –, Greek, 144. When the labor supply curve bends back income becomes a low-level item., 145. The best index of economic development is, provided - year by year, by an increase in real, income per capita., 146. Which shows the increase in the quantity of, supply - rightward transfer of supply curve, 147. Money supply is controlled by- Reserve Bank, of India

Page 4 :
148. Who determines the market equilibrium of a, commodity - the balance of the demand and, supply powers of the commodity, 149. To which country India exports the maximum, amount of gems and jewelery in terms of value USA., 150. Material on which India spends the maximum, import amount - raw petroleum, 151. The first National Income Committee was, formed - the year 1949, 152. National Income - Net National Product Indirect + Support, 153. GNP through expenditure method. What is, included in the calculation of - Gross domestic, private investment, net foreign investment,, private consumption expenditure, 154. How can national income be calculated- Sum of, all expenses, Sum of all types of income, Sum, of all kinds of outputs, 155. What does e-letter signify in e-bankingelectronic banking, 156. The policy of encouraging domestic industries, with restrictions on the import of competitive, goods is called- Protection policy, 157. What is liquidity preference - willingness to, hold assets in cash, 158. When the demand curve of a commodity is, parallel to the x-axis, then the demand elasticity, of that commodity is- Complete, 159. In the budget figures of the Government of India,, the payment of interest, subsidy, pension, social, services etc. is part of which - of non-plan, expenditure, 160. With which form of the term acastaxenp, economy is it related - capitalist economy, 161. The definition of small scale industry in India is, based on- investment in machines and, equipment., 162. The Central Statistical Organization has, presented the figures under a new revised series,, which considers the loan year - 1980-81, 163. Charged gross rent of buildings occupied by, Malik, whose share is - Final consumption., 164. Full convertibility of rupees means free, determination of the exchange rate between, rupees and foreign currencies by- market forces, of demand and supply., 165. Who has been appointed as the Governor of, Reserve Bank of India after the retirement of Mr., Y.V. Reddy - Mr. D. Subbarao, 166. What is the simultaneous presence of high rate of, inflation and high rate of unemployment –, stagflation, 167. What are the main causes of inflation - increase, in capital supply, , 168. Supply of agricultural products is- often, inelastic., 169. Green accounting means measuring the national, income of a country keeping the estimation of, ……- pollution and environmental damage., 170. What are the main objectives of planning for, disaster – vulnerability, 171. The principle of monopolistic competition is, formulated in the United States of America - by, Edward Chamberlin, 172. In an economy, there is a relationship between, the price of a currency and the level of the price the yield., 173. Disguised unemployment generally means where the marginal productivity of labor is, zero., 174. In what else is hidden unemployment known as, under- employment., 175. What is an economy that has no relation with the, rest of the world - closed / closed economy, 176. FERA replaces in India – FEMA, 177. Jawahar Rozgar Yojana is implemented by- the, Gram Panchayats., 178. How many Prime Minister LPG Panchayats will, be organized in the country in the next year and a, half under the Prime Minister LPG Panchayat, scheme - 1 lakh, 179. Under Mukti Scholarship Scheme, India will, give Rs. 35 crores to the children of freedom, fighters of Bangladesh- Bangladesh, 180. How much is the annual premium of Pradhan, Mantri Jeevan Jyoti Bima Yojana- 330, 181. What is Pradhan Mantri Jeevan Jyoti Insurance, Scheme - A Life Insurance Plan, 182. In which year was the launch of Pradhan Mantri, Jan Dhan Yojana- 2014, 183. The scheme launched by the Central, Government ............. is aimed at improving rural, livelihoods and promoting rural development, and strengthening panchayati raj across the, country - Village Rise to India Uday Abhiyan, 184. Union Cabinet has approved change in MSIPS to, attract investment in electronic manufacturing. I., P. S. What is the indirect form of - Modified, Special Incentive Package Scheme, 185. Which increase in gas leads to global warming carbon dioxide, 186. Which scheme was replaced by APY in 2015Swavalamban Scheme, 187. What are the main objectives of Pradhan Mantri, Ujjwala Yojana- giving LPG connections to, BPL families, 188. ........ Rashtriya Krishi Vikas Yojana is a subplan for bringing green revolution in Eastern, India.

Page 5 :
189. Under Pradhan Mantri Maternity Cooperation, Scheme launched in the year 2010, how much, amount is provided in the form of assistance to, women who become mothers over 19 years of, age - Rs 6000, 190. There is a welfare scheme launched by the Prime, Minister under which domestic LPG connections, will be given to those families who are below the, poverty line - Pradhan Mantri Ujjwala Yojana, 191. The scheme launched by the Central, Government is a special social security scheme,, which includes pension and life insurance Mahatma Gandhi Pravasi Suraksha Yojana, 192. Five operators are operating companies on 128, routes under the UDAN scheme - Air, Deccan,, Air Odisha and Turbo Megha., 193. Pradhan Mantri Surakshit Maternity Abhiyan, provides free health check up and expected, treatment on the 9th day of every month – ninth, 194. Indian Railways has introduced a scheme called, Waiting for listed passengers - they will be, given confirmed seats in other trains., 195. Who is the author of the book An Inquiry into, the Nature and Causes of the Wealth of Nations Adam Smith, 196. Who defined Lagaan as the part of the land, which is paid to the Zamindar for the use of the, original and imperishable power to the soil –, Ricardo, 197. Who was the proponent of dynamic theory of, profit – Clarke, 198. Who developed the Innovation of Profit –, Schumpeter, 199. Who has described the development process, under capitalist as creator destructionSchumpeter, 200. Prof. Whose Leader was Milton Freedman Chicago School, 201. Who first imagined the relation between the rate, of interest and the level of consumption - Milton, Friedman, 202. The most important source of tax revenue of the, Union Government is -the corporation tax., 203. The common currency introduced in eleven, European nations is called- Euro, 204. Which phenomena are virtual rents - short term, 205. Value-added tax was first applied in- France., 206. VAT is levied on all stages of- production and, sale, 207. What is GST - an indirect tax, 208. What is the difference between the value of, visual exports and visual imports - Trade, balance, 209. Real estate belongs to which sector – Third, 210. Which sector is also called service sector Tertiary sector, , 211. Transfer Income - Unearned Income, 212. Differentiation can be made between value of, production and value added, if known - value of, intermediate consumption, 213. Monopolies have a marginal income - less than, the price, 214. The equilibrium level point is where the total, income is- equal to the total cost, 215. Explicit + implicit cost = economic cost, 216. In the 2011-12 budget, the fiscal deficit (% of, GDP) for 2011-12 was projected at- 4.6 %, 217. In the Budget Estimates for the year 2011-12, in, order to bring a green revolution in the rice based, cropping system in the past, Rs. 400 crore has, been allocated - Assam, West Bengal, Orissa,, Bihar, Jharkhand, Eastern Uttar Pradesh and, Chhattisgarh, 218. Which agency is responsible for estimation of, national income in India- CSO., 219. Who developed the Human Development IndexMahbub-ul-Haq, 220. In which budget the fringe benefit was presented, - 2005-06, 221. In which year the Minimum Wages Act was first, approved in India – 1948, 222. What is the opportunity cost of the component of, production - which she can earn in any other, use., 223. What is the opportunity cost of production of, produce - which can be earned in any other, use224. When the price of the commodity of x decreasesthe demand for x decreases., 225. Pratibha is an exodus - the emigration of skilled, personnel., 226. Which government measures to curb inflation deficit financing, increase in production,, taxation measures, 227. If two items are complementary, then their cross, price is the elasticity - negative., 228. The term Toikonomiya means - Domestic, Management, 229. The value of investment multiplier is related tothe change in income due to change in, autonomous investment., 230. Net national product of a country is - gross, national product minus depreciation, allowance., 231. When average cost of production decreases, then, marginal cost of production - less than average, cost., 232. The process of curbing inflation by reducing, money supply is called – Diffusion, 233. In which year was the Kisan Credit Card Scheme, introduced – 1998

Page 6 :
234. The poor save more than the rich - a relatively, small portion of their income, 235. In whose case the Green Revolution was most, successful in India – Wheat, 236. Who has to pass registration to scheduled banksReserve Bank of India, 237. Whose major contribution in revenue of Indian, Railways- Freight Traffic Income, 238. Who is not considered as National Debt - Life, Insurance Policies, 239. Disinvestment happens - selling government, shares to private companies, 240. The complete form of the SRD is- special, drawing rights., 241. Refrigerators working in a chemist's shop are an, example of a- consumer's goods., 242. ................. is defined as the variable input per, unit - the average product, 243. Which is the oldest Mazdoor Sangh organization, in India- All India Mazdoor Sangh Congress, 244. Secondary sector of an economy refers to- the, construction sector, 245. According to Karl Marx, what changes are, inevitable as a result of changes in the, economy., 246. How far is the exclusive economic zone of a, country from its coast - 320 km., 247. Which company has become the highest ranked, Indian company in the Fortune Global 500 list in, terms of sales - Indian Oil Corporation, 248. When was the oilseed production program, started – 1990, 249. Which item is the main item of Indian exportClothing, 250. Small farmers are defined in the country as those, farmers with holding area - one to two hectares, 251. What is meant by mixed farming - animal, husbandry and agriculture, 252. Which method is used to measure agricultural, income in India- Production method, 253. What is the movement of people from the village, to the small town and later to the city - step wise, migration, 254. The profit of Indian bank working abroad is a, part of - Income from enterprise profession, earned abroad, 255. During which period the salary of central, government employees can be reduced Financial emergency, 256. Which industries are the main beneficiaries of, Mumbai port - cotton textile and petrochemical, industries., 257. Green Banking is meant to enrich the, environment by- discouraging the use of paper, through technology in banks., , 258. The main reason for poverty in underdeveloped, countries is- income inequality., 259. As a result of the recommendations of the, working group on rural banks, 5 rural regional, banks were initially set up in- the year 1975., 260. Firms that make payments to outsiders for their, goods and services are called- Explicit costs., 261. Demand between Petrol and Car is- negative., 262. Finance Commission - Decides on the sharing, of resources between the Center and the, States., 263. The first Chairman of the Disinvestment, Commission was- G.V. Ramakrishna, 264. Gross domestic product on an article is - by, subtracting indirect tax from GDP and, adding subsidies, 265. The expansion or contraction of the quantity, demanded of a commodity results in change in the unit price of that commodity, 266. Census of 2011- 15th Census, 267. Who started the time element in price analysisAlfred Marshall, 268. The law of demand expresses the functional, relationship between- price and quantity, demanded, 269. The law of demand expresses - the effect of, changes in the price of a commodity on its, demand, 270. In economics, the terms utility and usefulness, have- different meanings., 271. Increasing per capita income would indicate a, better welfare if it is accompanied by- a changed, income distribution in favor of the poor, 272. In respect of agricultural commodities in India,, there are commissions related to minimum, support price, procurement price etc. Agricultural Costs and Price Commission, 273. Regulation rate is currently adopted in India Unstable regulation rate, 274. By whom is monetary policy made and, implemented in India- Reserve Bank of India, 275. Which agency has published a report titled, Economic Outlook for the year 2009-10 - Prime, Minister's Economic Advisory Council, 276. Where was the Asia Pacific Economic, Cooperation Summit 2007 – Sydney, 277. India's largest commercial bank - State Bank of, India, 278. FAQ is abbreviated as- Food and Agriculture, Organization, 279. Indian economy has a slow period - JanuaryJune, 280. What do open market operations indicate buying and selling of government securities by, RBI

Page 7 :
281. The current currency system in India is managed, by- Reserve Bank of India, 282. What is the meaning of mixed economy- coexistence of government and private sectors, 283. When a leather industry generates water, pollution by discharging its waste into the river,, the cost incurred on health risks is called - social, cost., 284. The Second Chamber has been considered, unnecessarily wasteful and worst by whomBentham, 285. After Ratan Tata, who is the first person from, outside the Tata family to be elected the head of, the Tata group - Cyrus Mistry, 286. With regard to the inevitable savings - the, decrease in consumption as a result of the, increase in prices, 287. In which economic system, the government, decides that different things should be produced, according to the needs of society – socialist, 288. Which Indian bank became the first bank in, India to reach a market capitalization of Rs, 1,00,000 crore - ICICI Bank, 289. Without insurable or uncertain risks - Changes, in circulation, 290. Interest paid to the bank for crop loans - gratuity, payment, 291. If a product has a negative income elasticity of, kang and a positive price elasticity, then what is, that goods - low-end goods, 292. In which type of market a business association is, unable to control the prices - full competition, 293. Which classification is the classification of, industries on the basis of raw materials - agrobased and mineral-based, 294. Which year did the great recession worldwide –, 1929, 295. The only source of highest revenue of the, Government of India - direct tax, 296. Sales are an example of - indirect tax, 297. How many factors of production are- four, 298. What is the policy related to government, expenditure, taxation and borrowing - fiscal, policy, 299. What is deducted from the net national excise on, production cost for national income - Indirect, tax, 300. What is National Income - It is the money value, of all goods and services produced in a, country in a year., 301. Personal disposable income is equal to the difference between personal income and, direct taxes., 302. Income of Indians working abroad - share of net, domestic product of India, , 303. What is the relation between income and, consumption - direct relationship, 304. Collective consumption means- consumption by, the citizen of the country., 305. What is the total value of goods and services, produced in a country over a given period of, time - National income, 306. What is National Income - Net National, Product at cost of production, 307. Transfer payments mean the benefits received, by- the public in the form of pension,, unemployment relief, etc., 308. Who has said that "interest is the prize of, consumption-postponement" - Economist, Senior, 309. Whose name is prepared by a family for butter, and ghee for their personal use is- Personal, account creation, 310. Overhead costs are those expenses incurred- to, purchase machinery and equipment., 311. Inward Sulabh - occurs to the firm when she, expands her product., 312. Gross Domestic Product is the price - the, market value of all final goods and services, produced in an economy in a year., 313. Who receives maximum tax income by the, Government of India - Corporation tax, 314. In the case of direct taxes, the payment liability, and the final burden of the tax are situated onwhom the person to whom it is imposed., 315. Bank deposits that can be withdrawn without, notice - Demand Deposit, 316. The expenses that have been incurred and cannot, be recovered are called- the cost incurred, 317. In which type of market system, only one vendor, is dominated by market or industry – monopoly, 318. The term monopoly is related to – capitalism, 319. What market situation does a bilateral monopoly, represent - a seller and a buyer, 320. Which are the absolute forms of markets complete competition; Monopoly, 321. A good banker is said to be the one who knows, the difference between a mortgage and whom - a, letter of regulation, 322. A rising state in an economy means- steady, growth begins., 323. Globalization means- integration of domestic, economy with global economy., 324. Profitability of an organization depends on- the, quality of the processed trust and on the, amount of the trust processed., 325. Put and Remove Whose Policy is- Capitalism, 326. Favorable trade balance of a country meansexports are more than imports.

Page 8 :
327. Economic development of a country depends on, - natural resources, capital formation, market, size, 328. What is the datum, in which the records are, arranged in the tree structure - hierarchical, datum, 329. Who has said that in the short term the, consumption trend is stable- Kange, 330. Keynesian consumption function shows the, relationship between- Total consumption and, total income, 331. The decline in demand for a common commodity, is accompanied by- a fall in the consumer's, income., 332. Firms that make payments to outsiders for their, goods and services, are called- explicit costs., 333. The amount of monopoly power has to be, measured - as a superficial advantage of, 334. At the ideal level in terms of production - under, full competition, 335. Who is the price-holder in full competition –, firm, 336. The interest paid for the use of borrowed funds is, called- the simple rate of interest rate., 337. Gold bullion value is related to- There is no, restriction on import and export of gold., 338. Another name of the World Bank isInternational Bank for Reconstruction and, Development., 339. Whom does Varghese Kurien associate with White Revolution, 340. What is brown revolution - fertilizer production, and non-conventional energy, 341. How much upper / upper limit for investment in, plant and machinery for small scale industry is, currently fixed - 1 crore, 342. The concept of Special Economic Zone was first, introduced - in India, 343. What were the Special Economic Zones, established in India to increase - Foreign, investment, 344. India's major commercial crops are- cotton,, oilseeds, jute and sugarcane., 345. What is the income relativity of demand in, relation to inferior goods – negative, 346. What is the commodity regulation between two, countries - bilateral trade, 347. Which is used to measure the inclination of a, degenerate curve - marginal rate of, substitution, 348. When the production of a commodity increases, by one unit, what is the sum of the total cost marginal cost, 349. What is the result of scale - of long-run, production, , 350. When the number of investments made by a firm, increases, its internal rate of return - Haasman, falls due to marginal productivity., 351. If the marginal return increases at the rate of, loss, then- the total yield increases., 352. New capital issue is maintained in- primary, market, 353. Due to what other things are equal, the reason for, the decrease in the quantity of demand of a, commodity can be - increase in the price of, that commodity, 354. Tomato prices will increase in domestic market, if- fresh tomatoes are exported to other, countries., 355. On what is the demand law based on- the, priority of the consumer, 356. Demand inflation is- a situation of excess, demand, 357. Who separated autonomous investment from, motivated investment - John Robinson, 358. What is the demand for a production, which she, wants for herself- Derived demand, 359. Transverse demand expresses the functional, relationship between -demand and prices of, related goods., 360. What is called when a person has to pay more for, a commodity than to leave it - the producer's, surplus, 361. Production function expresses - technological, relationship between material investment and, production, 362. Any supply function expresses the relationship, between - price and production, 363. Which is the highest finance body for small scale, industries- SIDBI, 364. When was the Industrial Development Bank of, India established - July 1964, 365. Who regulates the functioning of the stock, market in India- SEBI, 366. What Socialism Succeeds in Achieving Maximum Social Welfare in Society, 367. Agricultural income in India is calculated byproduction method, 368. If tax rate increases at higher level of income, it, will be called- Ascending tax, 369. Dr. P. Rama Rao committee belongs to- Defense, 370. Which three rainy periods in the country are, celebrated as 'Planning Holiday' - 1966-69, 371. The time period of annual plans was- 1990-1992., 372. Which scheme is included in the slogan 'Garibi, Hatao' - Fifth Plan

Page 9 :
373. Which five-year plan was aimed at 'faster' more, inclusive and sustainable development – Twelfth, 374. Which five-year plan had described human, development as the root of the effort of all the, development - the eighth five-year plan, 375. The first five-year plan of the Government of, India was based on - Herald-Domar Model, 376. Which five-year plan was only for four years the fifth, 377. Who had given priority to the second planHeavy Industries, 378. Social Forestry Scheme launched during During the Fifth Five Year Plan, 379. NITI Aayog has been created in place of, Planning Commission, what is the former, extension of NITI - National Institute for, Transforming India, 380. In which year Economic Improvement Policy, was launched in India – 1991, 381. State Bank of India was earlier known asImperial Bank of India, 382. Number of nationalized banks in India are – 19, 383. Which Commission prepares fiscal policy in, India- Ministry of Finance, 384. In which year was the nationalization of the, Reserve Bank – 1949, 385. Inflation redistributes income and wealth in, whose favor- Wealthy, 386. To whom India exports electricity – Bangladesh, 387. N.A.B.A.R.D. This implies - National Bank for, Agriculture and Rural Development, 388. NABARD is associated with whose development, - agriculture sector and rural areas, 389. What principle did Mahatma Gandhi use to, remove economic inequalities - the principle of, trustworthiness, 390. One rupee notes and coins and small coins are, issued in India - by the Government of India, 391. Who is authorized to issue coins in IndiaMinistry of Finance, 392. In which year did India start the Dashmic, currency system – 1957, 393. Who was the Chairman of 10th Finance, Commission- K.C. Pant, 394. What else is called a short market policy- cheap, money policy, 395. What is the short form CRR - Cash Reserve, Ratio, 396. Reserves in excess of the statutory minimum, kept by the commercial banks with the Reserve, Bank of India are called- surplus reserves., 397. Recently, the largest single item of central, government expenditure in India has been the payment of interest., , 398. Deficit financing means that from whom the, government has earned money - Reserve Bank, of India, 399. What is the meaning of barter transaction exchange of goods with goods., 400. What is a peculiarity of free market economyconsumer sovereignty, 401. Cash reserve ratio and variance in open market, operations, whose means are - monetary policy., 402. World Trade Organization was established in –, 1995, 403. WTO primarily promotes whom - multilateral, trade, 404. Who are the main watchdogs of international, trade - World Trade Organization, 405. Bridging At what level of price-differentiation international level, 406. Foreign goods are sold for less than- the, domestic selling price., 407. Who first used the terms 'micro' and 'macro' in, economics in 1933 - Regner Christian, 408. Who was, "Economics is the science of money" Adam Smith, 409. What is the record of all the economic, transactions done in a year between the residents, of a country and the rest of the world - payment, remaining, 410. Taxes are as sure as death, because - they, constitute the main source of government, revenue., 411. What are the basic objectives of all types of, products- meeting human needs, 412. When there is an official change in the exchange, rate of the domestic currency, it is called –, revaluation, 413. 'Consumer dominance' means - consumers are, free to spend their income as they wish., 414. When exactly does the equilibrium price of a, commodity increase — there is a decrease in, supply as well as an increase in demand., 415. On which expenditure of the Government of, India is the maximum due to subsidy- Oil, 416. National income of a nation is - the sum of the, production incomes., 417. Which sector contributes the most to India's, national income - manufacturing sector, 418. Producer goods are also called- capital goods, 419. An anonymity given to a customer of a bank for, deducting a check in excess of the deposit in his, current account is called – overdraft, 420. Whose demand is absolutely without elasticityzero, 421. Who is paid by the financial aid to the, government- productive units

Page 10 :
422. When the absolute product increases at, increasing rate, then - the marginal product, increases, 423. 'Quantitative advantage' means - reduction in, unit cost of production, 424. The revealed preferential principle was, presented- P.A. By samuelson, 425. Exposure demand curves are those that - go, right up, 426. Stagflation is when the - rate of increase is, slower than the rate of increase, 427. For which types of products does the CACP, recommend a minimum support price agricultural products, 428. Social accounting system in India is classified, into- Income, excise and expenditure, 429. 'Jeevan Aastha', a scheme related to investment, and savings, was launched in 2008-09 - by LIC, 430. Rajya Sabha has no representation in which, financial condition of Parliament - Estimates, Committee, 431. With regard to the state of money supply in, India, it can be said that -the public has less, than the deposits in the currency banks., 432. Unemployment pattern in agriculture in India seasonal only, disguised only, 433. On what basis are sectors classified in the public, and private sectors in an economy - ownership, of enterprises, 434. Production of an object mostly by natural, process is the activity of- Primary sector, 435. Reserve Bank of India issues currency notes under fixed minimum reservation system, 436. 'Indira Awaas Yojana' is a scheme to assist, people in housing- Housing to poor villagers, 437. For what purpose was the National Renewal, Fund set up - Social Security, 438. In which period, the assured periodic benefit will, be given under Pradhan Mantri Vaya Vandana, Yojana - 10 years, 439. P.M.G.S.Y. What is the incompatible form of Prime Minister's Village Road Scheme, 440. In Pradhan Mantri Mudra Yojana, how many, lakhs of Mudra loans are provided – ten, 441. Who implemented the Senior Pension Insurance, Scheme during the financial year 2017-18 - Life, Insurance Corporation of India, 442. What are the main objectives of the RUSA, scheme launched in the year 2013 - to provide, finance to higher educational institutions of, the states, 443. Which program aims to promote savings among, rural women - Mahila Samridhi Yojana, 444. In the Lagaard theory of record, the concept of, what kind of market exists is - carte blanche, , 445. For the sake of production, what is said to be the, hard work received by its entrepreneur - Net, profit, 446. Which US President had announced the 'new, system' for economic achievement as a result of, the Great Depression- Roosevelt, 447. Who had proposed the termination preferential, theory related to interest- J.M. Keynes, 448. From which fund can be incurred without, unexpected approval of Parliament - from, Contingency Fund of India, 449. What is the minimum payment of the production, multiplier – wages, 450. In the short term, the surplus earned by any other, product other than land is called - virtual rent., 451. What is Value Added Tax - a single tax which, takes over the state taxes of surcharge,, turnover etc., 452. Cenvat is related to- Excise, 453. Who had proposed the termination preferential, theory related to interest- J.M. Keynes, 454. Unexpected expenditure from which fund can be, made without prior approval of Parliament from the contingency fund of India, 455. What is a part of the national debt, known as the, external debt - the amount borrowed by the, government from abroad, 456. If money is very high and goods are very low,, then the situation is – inflation, 457. Excise duty is payable on a commodity - in the, context of its production, 458. The difference between visual export and visual, import is called - Trade Balance, 459. Who belongs to tertiary sector in Indian, economy - transportation of goods, 460. Real estate belongs to which sector – III, 461. Bank services fall under which sector of, economic activity - tertiary sector, 462. Agriculture is under which sector of economic, activity- Primary sector, 463. National income includes- Construction of new, house., 464. Transfer payment includes - gift received from, a friend., 465. When was the 'Memorandum of Understanding', introduced - 1987-88, 466. Monopoly on the basis of price discrimination demand elasticity, 467. What is the situation in which total income, equals total cost - equilibrium level point, 468. What is a rare currency - a currency that is not, easily accessible, 469. Economic survey of India is published every, year by- Ministry of Finance, 470. What is the period of RBI's accounting year July to June

Page 11 :
471. Under increasing yields there is a supply curve left to right negative prone., 472. The opportunity cost of producing an item is the next servile alternative production, abandoned, 473. What causes inflation - increase in money, supply and loss in production, 474. To whom are the additional values equalDifference of output, 475. Who benefits the most in the period of inflationentrepreneurs, 476. The psychological law of consumption states that, - Proportional increases in consumption are, less than proportional increases in income., 477. In which year was the minimum support price, for food grains started - 1964, 478. Amritya Sen has received the Nobel Prize for, contribution in which field - in welfare, economics, 479. Which organization collects data for the, unorganized sector - Chaiv, 480. Disinvestment in public sector is calledprivatization, 481. One of the main factors contributing to the rapid, expansion of Indian exports is- liberalization of, the economy., 482. Who created the term 'Hindu rate of growth' for, Indian economy- Rajkrishna, 483. Through which is the grading and, standardization of agricultural productsDirectorate of Marketing and Inspection, 484. In the Swantantryo period, economic reforms, have been initiated for the first time in India P.V. Under the Narasimha Rao government, (1990), 485. Vijay Kelkar Committee report was related to tax reforms, 486. What is called farming with animal husbandrymixed farming, 487. When was the program of high yielding varieties, started in the Indian agricultural sector - year, 1966, 488. What is called the employment situation in, which the productivity of agricultural workers is, zero - hidden unemployment, 489. Long-term funds can be obtained in the capital, market either by borrowing from certain, institutions or by- issuing securities., 490. Knowing cash wages, if there is an increase in, the price level in an economy, then real wages will decrease, 491. A firm is in equilibrium when its- marginal cost, equals marginal income., 492. If a competing firm incurs losses in the short, term, it will continue to- produce until it meets, its operating cost., , 493. Excise duty is payable on a commodity - in the, context of its production, 494. If the money is very high and the goods are very, low, then the situation is - inflation, 495. What is a part of the national debt known as, external debt - the amount borrowed by the, government from abroad, 496. How much is the average calorie required for, rural area in India - 2400, 497. For pricing to be successful both markets must, have elasticity of demand for the product different, 498. State Financial Corporations have mainly given, assistance to develop .......- medium and small, scale industries., 499. Purchase of shares and bonds of Indian, companies by foreign institutional investors is, called - Portfolio Investment, 500. Investment multiplier shows the effect of, investment on- Income, 501. Which state is called the agricultural essence of, India - Uttar Pradesh, 502. Which state has the highest production of pulses, in India- Madhya Pradesh, 503. Who makes monetary policy in India- Reserve, Bank of India, 504. Where does the short term government security, letter go- Treasury bills, 505. Food security refers to - an adequate supply of, food at affordable prices., 506. Where are the maximum branches of Indian, banks - U.K.