When the demand curve is straight, the point elasticity is found ed = 1
उत्तर देखें
सही उत्तर: (C) When the point is the midpoint of the demand curve
1 अंक · 2023 · सेट A
प्रश्न 52
A classical economist prefers
उत्तर देखें
सही उत्तर: (A) Production in comparison to consumption
1 अंक · 2023 · सेट A
प्रश्न 53
A monopolistic firm will be in equilibrium when
उत्तर देखें
सही उत्तर: (C) P > MC = MR
1 अंक · 2023 · सेट A
प्रश्न 54
Under discriminating monopoly, when elasticity of demand is greater, the monopolist will keep his price
उत्तर देखें
सही उत्तर: (B) Low
1 अंक · 2023 · सेट A
प्रश्न 55
Under discriminating monopoly, there will be equilibrium when
उत्तर देखें
सही उत्तर: (C) MR₁ = MR₂ = MC
1 अंक · 2023 · सेट A
प्रश्न 56
Which statement is true? In monopolistic competition
उत्तर देखें
सही उत्तर: (B) AR > MR
1 अंक · 2023 · सेट A
प्रश्न 57
In perfect competition, firms are
उत्तर देखें
सही उत्तर: (A) Price acceptors
1 अंक · 2023 · सेट A
प्रश्न 58
“The act of selling the same article produced under a single control, at different prices to different buyers is known as price discrimination.” Who has given this definition?
उत्तर देखें
सही उत्तर: (C) Mrs. Joan Robinson
1 अंक · 2023 · सेट A
प्रश्न 59
The law of diminishing return is found
उत्तर देखें
सही उत्तर: (C) To some extent it applies in every economic activity
1 अंक · 2023 · सेट A
प्रश्न 60
Under monopolistic competition
उत्तर देखें
सही उत्तर: (E) None of the above
1 अंक · 2023 · सेट A
प्रश्न 61
Perfect competition prevails when the demand for the output of each product is
उत्तर देखें
सही उत्तर: (B) Perfectly elastic
1 अंक · 2023 · सेट A
प्रश्न 62
“The national dividend is that part of objective income of the community including of course income derived from abroad which can be measured in money.” Who has given this definition of national income?
उत्तर देखें
सही उत्तर: (B) Pigou
1 अंक · 2023 · सेट A
प्रश्न 63
National income represents
उत्तर देखें
सही उत्तर: (D) More than one of the above
1 अंक · 2023 · सेट A
प्रश्न 64
In monopolistic competition, when a firm gets normal profit, what condition should be fulfilled in the long period?
उत्तर देखें
सही उत्तर: (A) P = ATC
1 अंक · 2023 · सेट A
प्रश्न 65
What is wrong with the Census of India and National Sample Survey?
उत्तर देखें
सही उत्तर: (C) Both are funding agencies for social and economic issues
1 अंक · 2023 · सेट A
प्रश्न 66
If the number of sellers and buyers is not large, goods are not homogeneous, and sellers and buyers do not have complete knowledge about the market, then there will be
उत्तर देखें
सही उत्तर: (C) Monopolistic competition
1 अंक · 2023 · सेट A
प्रश्न 67
Errors that can arise in data acquisition are known as
उत्तर देखें
सही उत्तर: (B) Non-sampling error
1 अंक · 2023 · सेट A
प्रश्न 68
Which of the following statements is true?
उत्तर देखें
सही उत्तर: (A) NNP = GNP − Depreciation
1 अंक · 2023 · सेट A
प्रश्न 69
In this classification, time becomes the classifying variable and data are categorized according to time. It is known as
उत्तर देखें
सही उत्तर: (A) Temporal classification
1 अंक · 2023 · सेट A
प्रश्न 70
Under discriminating monopoly, a monopolist will keep his price low where the degree of elasticity of demand is
उत्तर देखें
सही उत्तर: (A) High
1 अंक · 2023 · सेट A
प्रश्न 71
Price discrimination is possible
उत्तर देखें
सही उत्तर: (D) More than one of the above
1 अंक · 2023 · सेट A
प्रश्न 72
What is true?
उत्तर देखें
सही उत्तर: (C) APC + APS = 1
1 अंक · 2023 · सेट A
प्रश्न 73
In FY2023, net FDI inflows declined to _____ billion from _____ billion in FY2022.
उत्तर देखें
सही उत्तर: (C) $28, $38·6
1 अंक · 2023 · सेट A
प्रश्न 74
What was the electric production capacity during 1950–51?
उत्तर देखें
सही उत्तर: (A) 2·3 thousand MW
1 अंक · 2023 · सेट A
प्रश्न 75
Which of the following statements is correct?
उत्तर देखें
सही उत्तर: (A) The column’s division into ten equal parts is known as a decile
1 अंक · 2023 · सेट A
प्रश्न 76
India’s current account deficit in the January to March quarter (Q4) in 2023 narrowed to
उत्तर देखें
सही उत्तर: (A) $1·3 billion or 2% of GDP
1 अंक · 2023 · सेट A
प्रश्न 77
What is not true for Keynesian employment theory?
उत्तर देखें
सही उत्तर: (B) Full employment
1 अंक · 2023 · सेट A
प्रश्न 78
Under the Special Assistance Scheme, the Centre approves ₹56,415 crores to 16 States for capital investment. How much did Bihar get?
उत्तर देखें
सही उत्तर: (B) ₹9,640 crores
1 अंक · 2023 · सेट A
प्रश्न 79
What is the social cause of poverty in India?
उत्तर देखें
सही उत्तर: (D) More than one of the above
1 अंक · 2023 · सेट A
प्रश्न 80
The Central Statistical Organization was established in the year
उत्तर देखें
सही उत्तर: (C) 1951
1 अंक · 2023 · सेट A
प्रश्न 81
MUDRA means
उत्तर देखें
सही उत्तर: (A) Micro Units Development and Refinance Agency
1 अंक · 2023 · सेट A
प्रश्न 82
International economics is often referred to as
उत्तर देखें
सही उत्तर: (C) Both applied economics and theoretical economics
1 अंक · 2023 · सेट A
प्रश्न 83
The per capita income in India in 2021–22 at current prices, taking the 2011–12 series, is
उत्तर देखें
सही उत्तर: (A) ₹1,50,326
1 अंक · 2023 · सेट A
प्रश्न 84
In a chronological classification, the data are classified on the basis of
उत्तर देखें
सही उत्तर: (C) Time
1 अंक · 2023 · सेट A
प्रश्न 85
Data originally collected for an investigation are known as
उत्तर देखें
सही उत्तर: (A) Primary data
1 अंक · 2023 · सेट A
प्रश्न 86
According to Schumpeter, economic equilibrium includes
उत्तर देखें
सही उत्तर: (D) More than one of the above
1 अंक · 2023 · सेट A
प्रश्न 87
Consumer’s equilibrium analysis mainly includes
उत्तर देखें
सही उत्तर: (D) More than one of the above
1 अंक · 2023 · सेट A
प्रश्न 88
In a perfectly competitive market, there is always
उत्तर देखें
सही उत्तर: (C) AR is equal to MR
1 अंक · 2023 · सेट A
प्रश्न 89
In the estimation of national income, which of the following methods is used as the modern method?
उत्तर देखें
सही उत्तर: (C) Social accounting method
1 अंक · 2023 · सेट A
प्रश्न 90
“Statistics is a science of estimates and probabilities.” This definition is given by
उत्तर देखें
सही उत्तर: (B) Boddington
1 अंक · 2023 · सेट A
प्रश्न 91
The year of India’s First Official Census of Population was
उत्तर देखें
सही उत्तर: (B) 1881
1 अंक · 2023 · सेट A
प्रश्न 92
The arranging of related facts into classes is called
उत्तर देखें
सही उत्तर: (C) Classification
1 अंक · 2023 · सेट A
प्रश्न 93
LPG (Liberalization, Privatization and Globalization) is the main part of the Industrial Policy of
उत्तर देखें
सही उत्तर: (B) 1991
1 अंक · 2023 · सेट A
प्रश्न 94
The Life Insurance Corporation (LIC) of India was incorporated in the year
उत्तर देखें
सही उत्तर: (B) 1956
1 अंक · 2023 · सेट A
प्रश्न 95
As per the Census 2011, the literacy rate (total persons) in Bihar is
उत्तर देखें
सही उत्तर: (E) None of the above
1 अंक · 2023 · सेट A
प्रश्न 96
National income statistics are collected by the
उत्तर देखें
सही उत्तर: (B) Central Statistical Organization
1 अंक · 2023 · सेट A
प्रश्न 97
According to the Reserve Bank of India standards, broad money refers to
उत्तर देखें
सही उत्तर: (C) M₃
1 अंक · 2023 · सेट A
प्रश्न 98
Correlation means
उत्तर देखें
सही उत्तर: (B) A change in one variable accompanied by a change in the other variables
1 अंक · 2023 · सेट A
प्रश्न 99
The Father of Statistics is
उत्तर देखें
सही उत्तर: (A) Gottfried Achenwall
1 अंक · 2023 · सेट A
प्रश्न 100
Which stage of statistical investigation function is not arranged in ascending order?