Q.11)-According to Modren Theory of Rent, rent accrues to-
  • Capital only
  • Any factor
  • Labour only
  • Land only
Q.12)-Which of the following is not an economic problem?
  • Deciding between paid work and leisure
  • Deciding between expenditure on one good and the other
  • Deciding between alternative methods of personal savings
  • Deciding between different ways of spending leisure time
Q.13)-Which among the following statements is not true when there is an increase in interest rate in an economy?
  • Increase in saving
  • Decrease in loan
  • Increase in production cost
  • Increase in capital return
Q.14)-Investment is equal to-
  • Gross total of all types of physical capital assets
  • Gross total of all capital assets minus wear and tear
  • Stock of plants, machines
  • None of the above
Q.15)-Investment and savings are kept equal through a change in the level of-
  • Consumption
  • Investment
  • Government expenditure
  • Income
Q.16)-Imputed grossrent of owner occupied buildings is a part of-
  • Capital formation
  • Final consumption
  • Intermediate consumption
  • Consumer durable
Q.17)-Which one of the following would not constitute an economic activity?
  • A teacher teaching students in his class
  • A teacher students under Sarva Shiksha Abhiyan
  • A teacher teaching his own daughter at home
  • A teacher providing consultancy services from his residence
Q.18)-Trickle down theory ignores the impact of economic growth on-
  • Investment
  • Savings
  • Income distribution
  • Consumption
Q.19)-From the national point of view which of the following indicates Micro Approach?
  • Study of sales of mobile phones by BSNL
  • Unemployment among Women
  • Per capita income in India
  • Inflation in India
Q.20)-The concept of joint sector implies cooperation between
  • Public sector and private sector industries
  • State Government and Central Government
  • Domestic and Foreign Companies
  • None of these