GK Economics Test 13

GK – Economics Test – 03

Please enter your email:

1. If the Indian is making a loss on passenger traffic, it should increase its prices. The suggested remedy would only work if the demand for air travel had a price elasticity of


2. The two-gaps theory refers to


3. The goals of monetary policy do not include


4. Bank rate means


5. The angency estimating the national income of India is


6. Saving is a function of


7. Private investment will most-likely to be increased as a result of a rise in


8. The total utihty which a consurner derives from n units of a commodity minus the total utility he derives firom ‘n -1’ unit is


9. If a firm is producing an output the marginal cost of which is greater then the marginal revenue,it


10. Currency drain is a phenomenon referresd to when


Question 1 of 10