GK Economics Test 9

GK – Economics Test – 04

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1. Which one of the following statements of relationship of national income (Y), consumption (C), and insvestment (I), in the famous model of Keynes, is correct ?


2. The Narasimham Committee made recommendations to Government on


3. The statement economics is positive and not normative means


4. Secular stagnation refers to


5. Ceteris patibus means


6. The term ‘Hindu rate- of growth’ refers to the 3.7% per annum growth rate achieved by the Indian economy over the first six Five Year Plans.The term was coined by


7. Which of the following items would not appear in a campany’s balaIance sheet ?


8. Equilibrium income is that level at which


9. In a joint stock company the ordinary shareholders do not have


10. A public enterprise distinguished from a private enterprise by whether


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