Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part5 : 16 to 20

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

16.The propounder of the ""Law of Market"" is

J.B. Say

A.C. Pigou

T.R. Malthus

Ricardo

17.Which of the following programme was emphasised in the 20 point Economic Programme of Rajiv Gandhi ?

Land reforms

Guarantee of employment

Rural power supply

Food for work programme

18.Which of the following organisations is directly responsible for administration and management of Indian Railways ?

Ministry of Railways

Railway Board

National Transport Policy Committee

Parliamentary Convention Committee attached to Railway Ministry

19.Under perfect competition,

any firm can influence price in the market

any firm can influence supply in the market

any firm can influence price and supply in the market

no firm can influence price and supply in the market

20.Indias progress has neen reasonably satisfactory with regard to

reduction in inequalities

reduction of employment

growth of per capita income

growth of GNP

More Economics QUESTIONS AND ANSWERS available in next pages

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

A real entrepreneur is somebody who has no safety net underneath them. Henry Kravis

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