Q.31)-Hire and Fire' is the policy of-
- Capitalism
- Socialism
- Mixed economy
- Traditional economy
Q.32)-Rent is a factor payment paid to-
- Land
- Restaurant
- Building
- Factory
Q.33)-The Economic development depends on-
- Natural resources
- Capital Information
- Size of the market
- All of these
Q.34)-What are the main components of basic social infrastucture of an economy?
- Education, Industry and Agriculture
- Education, Health and Civil Amenities
- Transport, Health and Banks
- Industry, Trade and Transport
Q.35)-A mixed economy works primarily through the-
- Market mechanism
- Central allocative machinery
- Market mechanism regulated by government policy
- Market mechanism guided by government participation and planning
Q.36)-A closed economy is one which-
- Does not trade with other countries
- Does not possess any means of international transport
- Does not have a coastal line
- Is not a member of the UNO
Q.37)-In an economy, the sectors are classified into public and private on the basis of-
- Employment conditions
- Nature of economic activities
- Ownership of enterprises
- Use of raw materials
Q.38)-Which of the following is a part of tertiary sector?
- Power and Transportation
- Animal Husbandry
- Cotton Manufacturing
- Cultivation of Crops
Q.39)-An economic system combining private and state enterprise is called as-
- Market economy
- Centrally planned economy
- Private economy
- Mixed economy
Q.40)-In a centrally planned economy, the ______________planes all the important activities in the economy.
- Industrialists
- Citizens
- Government
- Judiciary