General Knowledge Questions And Answers :: Economics: part5



General Knowledge : Economics QUESTIONS AND ANSWERS :: part5 : 81 to 85

Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :

81.Which of the following statements is correct ?

Karl Marx wrote the book ""Das Kapital""
Socialism and Communism are synoymous.
Communist Manifesto was drafted by Karl Mars alone.
Under Communism, everyone gets according to his needs.

82.The Second Labour Commissions Report was submitted to the Government under the Chairmanship of

Mahendra Mohan
Ravindra Verma
Vineet Jain
Harin Pathak

83.The law of dininishing returns is applicable to

Agriculture
Manufacturing
Mining
None of these

84.The ""Mukerjee Formula"" provides the basis of

providing economic assistance to the states
sharing of taxes between the Centre and the states
repatriation of capital invested by non - resident Indians.
None of these

85.Disguised employment is a situation in which the number of persons employed on a job as compared to what is required is

less
more
equal
indefinite

More Economics QUESTIONS AND ANSWERS available in next pages

    Health is the greatest gift, contentment is the greatest wealth -Buddha
Too many of us are not living our dreams because we are living our fears.- Les Brown