Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part6 : 61 to 65

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

61.Maruti Car Company is established with the collaboration of Maruti Udyog, Govt of India and

Nissan Company of Japan

Suzuki Company of Japan

Toyota Company of Japan

Ford Company of U.S.A

62.The Industrial Policy statement of 1977 encouraged

Private Sector Units

Multinationals

Public Sector Units

Small scale and cottage industries

63.The First Commission on Backward Classes was headed by

M.H Beg

B.P Mandal

Kaka Saheb Kalelkar

None of these

64.The developing countries have only a minor share of the world trade because

they produce mainly primary goods whose prices are low

their econimies are not trade oriented

they lack the necessary infrastructure

they face fierace competition from trade grouping like the EEC.

65.Which of the following increases continuously with the increase in production of an industrial concern ?

Fixed cost

Variable cost

Average cost

Marginal cost

More Economics QUESTIONS AND ANSWERS available in next pages

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

Opportunity is missed by most people because it is dressed in overalls and looks like work.- Thomas Edison

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