List of top Economics Questions

Sum of AMC and MPS is equal to ;

Suppose the price elasticity of demand for a good is (-)1. At a price of ₹4 per unit, demand for the good is 40 units. Suppose the price of the good increases to ₹6 per unit, and as a result, the demand for the good will be_____

In the given figure what will happen to aggregate demand curve (AD) when autonomous investment increases.

Select the correct sequence that lead to the need for the introduction of New Economic policy 1991 in India:
(A) Foreign exchange reserves dropped 
(B) World Bank gave loan to manage crisis 
(C) New economic policy 1991 announced 
(D) India met with an economic crisis related external debt
 Choose the correct answer from the options given below:

With an increase in marginal propensity to consume the value of investment multiplier will

A change in investment in an economy by ₹2,000 crores leads t an increase in its national income by ₹ 8,000 crores. What will be the change in consumption ?

This goal of Indian five year plans has emphasized on women empowerment and equal opptunity for women as for men in the society. Identify the Goal.

The problem of choice arises from:

Bank Rate is:

"Karve committee was set up for:

Which of the following is not true about currency notes and wins in circulation in an economy ?

"Which of the following function is not performed by the Central bank?

Exchange rate determined by the market forces of demand and supply is known as:

From the following transactions which transaction will be recorded in the current account of the balance of payments:

Arrange the following in their establishment from early to recent :
(A) Introduction of GST
(B) World Trade Organisation was founded 
(C) Establishment of Planning Commission 
(D) First Phase of Green Revolution 
Choose the correct answer from the options given below:

Development that meets the need of the present generation without compromising the ability of the future generation to meet their own needs was emphasized by

____have emerged to fill the gap in the formal credit system because the formal credit delivery mechanism has not only proven inadequate but has also not been fully integrated into the overall rural social and community development.

A factory can increase its output by using a new type of machine. Adoption of this new technology is called_____

"A theory of international exchange which holds that the price of similar goods in different countries is the same " is the concept of :

Identify the capital account transaction from the following:

Which of the following is true about Indian demography on the eve of independence?
(A) Water and air-borne diseases were under control
(B) Infant mortality rate was 24 per thousand Live births only
(C) Overall literacy rate was less than 16 percent
(D) Life expectancy was 44 years
Choose the correct answer from the options given below:

Choose the correct facts related to development experience of India, Pakistan and China.
(A) Reforms in China were introduced in 1978.
(B) India adopted the mixed economy model for development
(C) In 1965, the Great leap forward campaign was initiated
(D) China has announced its first five year plan in 1956
(E) Reforms were initiated in Pakistan in 1978
Choose the correct answer from the options given below:

Suppose the GDP at market price of a country in a particular year was ₹2,100 crores. Net Factor Income from abroad was ₹200 crores. The value of Indirect Taxes net of subsidies was ₹100 crores and national income was ₹1,900 crores. The aggregate value of depreciation in the economy will be:

Which of the following statements is true, if other things remaining the same, the exchange rate changes from 1$= 80 to 1$= 75
(A) Import will fall 
(B) Imports will rise 
(C) Exports will rise 
(D) National income will rise 
(E) National income will fall 
Choose the correct answer from the options given below:

Which of the following are the examples of complemental), goods ?
(A) pen and ink 
(B) tea and sugar 
(C) tea and coffee 
(D) ball pen and gel pen 
(E) shoes and socks 
Choose the correct answer from the options given below :