Engineering :: Business Management
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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 |
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Answer: Option A
Explanation:
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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 |
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Answer: Option A
Explanation:
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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 |
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Answer: Option B
Explanation:
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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 |
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Answer: Option C
Explanation:
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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 |
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Answer: Option D
Explanation:
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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 |
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Answer: Option C
Explanation:
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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 |
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Answer: Option D
Explanation:
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168. |
First free trade zone in India was established in |
A. |
Bombay |
B. |
Calcutta |
C. |
New Delhi |
D. |
Madras |
E. |
Trivandrum |
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Answer: Option A
Explanation:
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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 |
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Answer: Option A
Explanation:
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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 |
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Answer: Option A
Explanation:
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