Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part8 : 51 to 55

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

51.Saving is a function of

investment

income

export

improvement in productivity

52.Indian automobile industry in July 2012 revised its sales forecast for fiscal 2012-13 at-

5-7%

7-9%

9-11%

11-13%

53.Reserve Bank of India is August 2012 decided to sell __ box is.

Rs 5000 cr.

Rs 8000 cr.

Rs 10000 cr.

Rs 12000 cr.

54.The marginal productivity theory of wages wtates that

wages are determined by the marginal productivity of labour

labour receives a wage equal to the value of its marginal product

the demand for labour is determined by the marginal physical product of labour multiplied by its marginal revenue

labour receives a wage equal to its marginal phusical product

55.Which of the following resources was not visualised for the financing of the Ninth Five Year Plan ?

Contribution of Public Sector Enterprises

Borrowings (including Miscellaneous Capital Receipts)

Deficit Financing

Net inflow from abroad

More Economics QUESTIONS AND ANSWERS available in next pages

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

Innovation distinguishes between a leader and a follower.-Steve Jobs

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