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

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