Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part5 : 71 to 75

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

71.Who among the following were protagonists of Evolutionary Socialism ?

Marx, Stalin and Bernstein

Lenin, A.J. Penty and Sidney Webb.

Sidney Weeb, Bernard Shaw and Bernstein

Marx, Engels and Trotsky

72.Evils of capitalism may be minimised by adopting the principle of

nationalisation

economic control

cooperation

progressive taxation

73.Gandhian economics is based on

industrialisation

socialist foundations

capitalist foundations

ethical foundations

74.Which year is known as "" Year of the Great Divide"" with regard to population growth in India ?

1921

1935

1947

1951

75.The consumers surplus can be defined a s

total consumer satisfaction

difference between actual price and the potential price

extra units of a commodity bought

surplus commodity left after consumption

More Economics QUESTIONS AND ANSWERS available in next pages

Health is the greatest gift, contentment is the greatest wealth -Buddha

If you are not willing to risk the usual you will have to settle for the ordinary- Jim Rohn

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