General Knowledge : Economics QUESTIONS AND ANSWERS :: part5 : 86 to 90
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
86.""No society can surely be flourishing and happy of which the far greater part of the members are poor and miserable"". Who among the following said this? |
| Bentham |
| Keynes |
| Adam Smith |
| Caincross |
87.Liberal theory of a state says that State is |
| a state of victors |
| Gods Gift |
| Laissez faire region |
| coercion of government |
88.The major aim of devaluation is to |
| encourage imports |
| encourage exports |
| ecourage both exports and imports |
| discourage both exports and imports |
89.""Ceteris paribus"" means |
| other things being equal |
| constant demand condition |
| most efficient resources allocation |
| othe things do not remain the same |
90.The statement that ""economics is positive and not normative"" mans that |
| it is a study of needs verses affluence |
| economics tells the policy makers which alternative to choose from among several efficient ones |
| the wants of human beings are unlimited |
| None of these |
More Economics QUESTIONS AND ANSWERS available in next pages
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