Q.31)-The main feature of a capitalist economy is on
  • Expenditure
  • Exchange
  • Foreign trade
  • Taxation
Q.32)-The book which is at the centrepiece of the study of Macro-Economics was written by
  • Prof. Samulson
  • Prof. J.M. Keynes
  • Prof. Benham
  • Prof. Baumol
Q.33)-The basic problem studied in the Macro Economics is
  • Production of income
  • Usage of income
  • Flow of income
  • Distribution of income
Q.34)-Internal economics
  • Arise when there is expansion
  • Arise in an economy as it makes progress
  • Accure to a firm when it expands its output
  • Arise when there is expansion in internal trade
Q.35)-Barter trasactions means
  • Goods are exchanged with goods
  • Coins are exchanged for goods
  • Money acts as medium
  • Private ownership
Q.36)-What are the main components of basic social infrastructure of an economy
  • Education, Industry and Agriculture
  • Education, health and Civil amenities
  • Transport, Health and Banks
  • Industry, Trade and Transport
Q.37)-Basic infrastructure facilities in Economies are known as
  • Human capital
  • Physical capital
  • Social overheads capital
  • Working capital
Q.38)-The main feature of a capitalist economy is on the basis of raw-materials
  • Small Scale-Large scale
  • Primary and Secondary
  • Basic and Consumer
  • Agro-based and mineral based
Q.39)-The existence of a parallel economy or Black Money
  • Makes the economy more competitive
  • Makes the Monetory policies less effective
  • Ensures a better distribution of income and wealth
  • Ensures increasing productive investment
Q.40)-What is the dual pricing
  • Expenditue two product
  • Exchange two product
  • Foreign trade
  • Two prices of a product