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Indian Economy
51.
According to the quantity theory of money, the quantity of money determines the -
- [A]Interest rate
- [C]Price Level
- [B]level of real output
- [D]Level of Employment
- Answer
- Report
Answer : [C]
52.
The abbreviations TRP denotes –
- [A]Technical Research Project
- [C]Tax Related Protocols
- [B]Trade Related Procedures
- [D]Television Rating Point
- Answer
- Report
Answer : [B]
53.
Who is called the father of Economics?
- [A]J.M. Keynes
- [C]Ricardo
- [B]Malthus
- [D]Adam Smith
- Answer
- Report
Answer : [D]
54.
The Term 'market' in Economics means –
- [A]A central place of Exchange
- [C]Place where goods are stored
- [B]Presence of competition
- [D]Shops and super bazaars
- Answer
- Report
Answer : [A]
55.
Which of the following yields the largest revenue to the Government of India?
- [A]Sales tax
- [C]Income tax
- [B]Corporation tax
- [D]Excise duty
- Answer
- Report
Answer : [B]
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