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Economics - Questions and Answers

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696. Utility in economics means the capacity to
A. provide comforts
B. earn an income
C. satisfy human wants
D. satisfy human motives
Explanation:
697. Which of the following combinations is correct ?
A. NABARD - Industrial Loans
B. IDBI - Short term loans
C. RBI - Long term finance
D. RRB - Agricultural finance
Explanation:
698. Balanced economic growth can be achieved only if
A. basic can heavy industries are assigned highest priority.
B. all the sectors of economy grow at the same rate.
C. all the interdependent sectors grow in harmony.
D. population growth is arrested.
Explanation:
699. India in July 2012 decided to spend __ on converting more roads into highways in Naxal affected areas.
A. Rs 4000 cr.
B. Rs 5100 cr.
C. Rs 6300 cr.
D. Rs 9400 cr.
Explanation:
700. Structural unemployment arises due to
A. deflationary conditions
B. heavy industry bias
C. shortage of raw materials
D. inadequate productive capacity
Explanation:
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