Who is referred as ‘Father of Capitalism’?

(a)

Adam Smith

(b)

Karl Marx

(c)

Thackeray

(d)

J M Keynes

GNP = _________ + Net factor income from abroad

(a)

NNP

(b)

NDP

(c)

GDP

(d)

Personal income

In an open economy import _______ the value of the multiplier

(a)

Reduces

(b)

increase

(c)

does not change

(d)

changes

Which of the following is Keynesian saving function?

(a)

S = f(i)

(b)

S = f(P)

(c)

S = f (Y)

(d)

S = f (W)

Who will act as the banker to the Government of India?

(a)

SBI

(b)

NABARD

(c)

ICICI

(d)

RBI

Favourable trade means value of exports are ________ Than that of imports.

(a)

More

(b)

Less

(c)

More or Less

(d)

Not more than

The term BRIC was coined in

(a)

2001

(b)

2005

(c)

2008

(d)

2010

The word budget has been derived from the French word "bougette" which means

(a)

A small bag

(b)

An empty box

(c)

A box with papers

(d)

None of the above

Alkali soils are predominantly located in the _______ plains?

(a)

Indus-Ganga

(b)

North-Indian

(c)

Gangetic plains

(d)

All the above

Who stated that statistics as a science of estimates and probabilities.

(a)

Horace Secrist

(b)

R.A Fisher

(c)

Ya-Lun-Chou

(d)

Boddington