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Economics - Questions and Answers

Practice questions on Economics.

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401. How many languages are used in a ten rupee note ?
A. 2
B. 7
C. 10
D. 15
Explanation:
402. The growth rate of which of the following sectors has very low employment elasticity ?
A. Mixed farming
B. Manufacturing
C. Construction
D. Financial Services
Explanation:
403. ""Das Kapital"" was written by
A. Tolstoy during his exile in Siberia
B. Karl Marx during his exile in England
C. Karl Marx while he was holidaying in France
D. George Washingtom during the American War of Independence
Explanation:
404. Creadit Creation increases
A. purchasing power of the currency
B. real wealth of the community
C. real national income
D. supply of money
Explanation:
405. Which of the following sets of economics strongly favoured a market economy ?
A. Adam Smith, Ricardo, J.K. Galbraith
B. ADam Smith, Marx, Strumlin
C. Adam Smith, Keynes, Hicks
D. Adam Smith, Hayek, Friedman
Explanation:
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