https://www.geekmcq.com/

Engineering :: Business Management


161.  One item in the list given below is not capital. Which is that item?
A. Strw in a barn B. Straw in a hat factory
C. A straw in a hat shop D. A straw hat in your room
E. None of the above    

162.  People will tend to move out of money and into bonds if they think
A. The rate of interest is going to fall B. The rate of interest is going to rise
C. The rate of interest is not going to change D. The price of real goods will rise
E. Free income is going to be taxed by government    

163.  Economic development of a country depends more on
A. Natural resources B. Capital formation
C. Availability of market D. Entrepreneurs
E. All of the above    

164.  The sign of a country's development is
A. More and more industries B. Higher standard of living
C. Higher per capita income D. More means of transport
E. All of the above    

165.  In the process of production, capital equipment is worn out. The word used to described this process is
A. Obsolescence B. Devalution
C. Appreciation D. Depreciation
E. Funding    

166.  Balanced growth means
A. Equal percentage growth in output B. Equal increase in resources allocated
C. Different parts of the economy grow in a harmonious manner D. Different fields grow in a natural rate
E. None of the above    

167.  India had a plan holiday between
A. 1947 and 1951 B. 1963 and 1966
C. 1966 and 1969 D. 1971 and 1974
E. 1977 and 1980    

168.  First free trade zone in India was established in
A. Bombay B. Calcutta
C. New Delhi D. Madras
E. Trivandrum    

169.  Sellers reserve price means
A. The seller refuses to sell the product till the minimum price (covering the cost of production) is offered B. Seller refuses to sell the product at any price
C. Seller demands the price for whole of his product D. A price which includes economic profits
E. A price determined for a batch of production    

170.  Saving is defined as
A. Accounting difference between current income and consumption B. Sum of savings made by the different factors
C. Excess of expenditure over available income D. Amount set aside for meeting unforeseen expenditure
E. None of the above    




© 2012-2024 by GeekMCQ™ Technologies. All Rights Reserved | Copyright | Terms of Use & Privacy Policy

Contact us: info@geekmcq.com