Category: Economics Mcqs

(A) quantity of a good consumers would be willing and able to purchase at a given price.
(B) quantity of a good consumers would be able to purchase at a series of prices.
(C) quantity of a good consumers want to purchase at a given price
(D) quantity of a good consumers have purchased at a series of prices over the year.

(A) Total money held by the public
(B) Total money held by RBI
(C) Total money with all the commercial banks and RBI
(D) Total money in Government account

(A) Increase in GDP
(B) Inflationary pressure
(C) Greater employment opportunity;
(D) More equitable distribution of income and wealth

(A) Increase in factor cost
(B) Increase in employment opportunities;
(C) Growth in GDP and imports
(D) All the three

(A) Financing budgetary deficit by borrowing
(B) Financing budgetary deficit by printing money
(C) Both
(D) None

(A) Increase in public expenditure
(B) Deficit financing
(C) Increase in administrative prices
(D) All the three

(A) Prices are falling
(B) Consistent increase in prices
(C) Fall in GDP
(D) Collapse of sensex

(A) Persistent rise in factor cost
(B) Mismatch between demand and supply of commodities
(C) Combine phenomena of demand pull and cost-push inflation.
(D) Increase in price of precious metal