
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 |
More Economics QUESTIONS AND ANSWERS available in next pages
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