Directions - Solve the following questions -

1. A movement along the demand curve of a commodity occurs due to change in

a) income of the consumers
b) its own price
c) taste of the consumers
d) expectation of the consumers

Show Answer

2. GNP calculation through expenditure method does not include

a) Gross Domestic Private Investments
b) Net Foreign Investments
c) Depreciation Expenditures
d) Private Consumption Expenditure

Show Answer

3. Monetary Policy in India is laid down and executed by

a) Union Government
b) ASSOCHAM
c) Reserve Bank of India
d) FICCI

Show Answer

4. Which one of the following subjects is not available on the Union List?

a) Census
b) Banking
c) Trade Union
d) Foreign Loan

Show Answer

5. The term 'closure' in Parlimentary terminology implies

a) the end of session of Parliament
b) stoppage of debate on a motion
c) end of a day's proceedings
d) None of the above

Show Answer