List of practice Questions

Firm gets profit when
Which one of the following is the determining factor of equilibrium income in Keynesian viewpoint?
Which element is essential for demand?
In which type of goods, price fall does not make any increase in demand?
For normal goods, Law of Demand states the ............. relationship between price of goods and quantity of goods.
The examples of substitute goods are
Price elasticity of demand for Giffen goods is
Narasimham Committee Report is related to reform of which of the following?
How many banks were nationalised on April 15, 1980?
"Supply creates its own demand." Who propounded this law?
Effective demand is dependent on
If MPC is 0.2, then MPS will be
Average propensity to consume is equal to
Consumer's behaviour is studied in
Who basically propounded the concept of Law of Equimarginal utility?
The capacity of a commodity to satisfy human wants is
For controlling inflation, bank rate is
Where is the headquarters of RBI?
14 big scheduled commercial banks in India were nationalised in
Microeconomics includes
Microeconomics studies
Who was the father of Economics?
Which of the following statements is true?
To which factor, is economic problem basically related to?
Which economy has a co-existence of private and public sectors?