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11.

Which of the following is not a corporate enterprise?

A.	Food Corporation of India	B.	Municipal Corporation of Delhi
C.	Tata Iron and Steel Company	D.	Life Insurance Corporation of India

12.

Departmental enterprises are a part of the:

A.	General government	B.	Corporate sector
C.	Non-profit public institutions	D.	Non-profit institutions serving households

13.

Which of the following is a departmental enterprise of the Government of India?

A.	Reserve Bank of India	B.	Indian Oil Corporation
C.	Indian Railways	D.	Food Corporation of India

14.

In which of the following sectors does production for self-consumption generally take place?

A.	Government administrative enterprises	B.	Private corporate sector
C.	Non-departmental public enterprises	D.	House-holds

15.

Subsistence production refers to:

A.	Production for self-consumption only	B.	Production of necessities of life
C.	Exports equaling imports	D.	Low levels of production

16.

Collective wants include:

A.	Sum total of all goods and services wanted by individuals	B.	Goods like refrigerators shared by members of a family
C.	Newspapers	D.	Defence of a country

17.

Which of the following are durable use producer-goods?

A.	Fertilisers	B.	Tractors
C.	Diesel oil	D.	Fodder for cattle

18.

Demand for intermediate consumption arises in:

A.	Consumer households	B.	Government enterprises only
C.	Corporate enterprises only	D.	All producing sectors of the economy

19.

Expenditure on the purchase of new replacement parts of machinery installed by a firm is part of:

A.	Fixed capital formation	B.	Consumption of capital
C.	Intermediate consumption	D.	Final consumption

20.

Which of the following is an expenditure on intermediate consumption?

A.	Purchase of coal by a steel factory	B.	Purchase of coal by a dealer in coal
C.	Purchase of coal by a household	D.	All of the above