_______ are excluded from national income.

(a)

Capital Gains

(b)

Social Accounting

(c)

Statistical Problems

(d)

None of these

Which of the following is not an obstacle to full employment in classical theory?

(a)

Excess of saving over investment

(b)

Liquidity trap

(c)

Price rigidity

(d)

Wage Flexibility

The ratio of consumption expenditure to any particular level of income is called as..?

(a)

The average propensity to consume

(b)

The average propensity to saving

(c)

The average propensity to investment

(d)

The marginal propensity to consume

Match the correct codes

1	The motive of enterprise	i	desire to do forward trading
2	The motive of pride	ii	desire to bequeath a fortune
3	The motive of avarice	iii	purely miserly instinct
4	The motive of financial independence	iv	Economic Freedom

(a)

(1) – (i) (2) – (ii) (3) – (iv) (4) – (iii)

(b)

(1) – (ii) (2) – (iii) (3) – (iv) (4) – (i)

(c)

(1) – (iv) (2) – (iii) (3) – (i) (4) – (ii)

(d)

(1) – (i) (2) – (ii) (3) – (iii) (4) – (iv)

Assertion: When the disposable income of the people decreases, it raises their demand for goods and services.
Reason: Disposable income may increase with the rise in national income or reduction in taxes or reduction in the saving of the people.

(a)

Both A and R are true and R is the correct explanation of A

(b)

Both A and R are true but R is not the correct explanation of A

(c)

A is true but R is false

(d)

A is false but R is true

______ have only an internet presence, which enables them to lower costs than traditional brick-and-mortar banks

(a)

indirect banks

(b)

development bank

(c)

cooperative bank

(d)

direct banks

_________ means the entry of funds into a nation where foreigners deposit money in a nation’s bank or make purchase in the stock and bond markets, sometimes for speculation.

(a)

Foreign Government Investment

(b)

Foreign Portfolio Investment

(c)

Foreign Institutional Investment

(d)

Foreign Direct Investment

What is known as ‘Paper Gold’?

(a)

Gold Bonds

(b)

Special Drawing Rights

(c)

Sovereign Investments

(d)

Gold Reserve of nations

Which is not a type of Local Bodies?

(a)

Village Panchayats

(b)

District Boards or ZilaParishads

(c)

Municipal Wards

(d)

Municipal Corporations

In _______ planning the period extends over 3 to 5 year upto 7 to 10 years.

(a)

over all

(b)

rolling

(c)

indicative

(d)

mid-term