General Knowledge : Economics QUESTIONS AND ANSWERS :: part5 : 66 to 70
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
66.Creadit Creation increases |
| purchasing power of the currency |
| real wealth of the community |
| real national income |
| supply of money |
67.Which of the following sets of economics strongly favoured a market economy ? |
| Adam Smith, Ricardo, J.K. Galbraith |
| ADam Smith, Marx, Strumlin |
| Adam Smith, Keynes, Hicks |
| Adam Smith, Hayek, Friedman |
68.Who among the following is not known as classical economist ? |
| Adam Smith |
| Bentham |
| James Mill |
| Friedmann |
69.According to the law of demand, when |
| price increase demand decreases |
| price decrease demand decreases |
| price increases demand increases |
| price decreases demand does not change |
70.The States action under which a creditors right to take action against a debtor for realisation of debt - money is kept under suspension for a specified period is called. |
| Retionalisation |
| Ceiling |
| Embargo |
| Moratorium |
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