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251.

Which of the following is not ensured in a socialistic system of economy?

A.	Economic equality	B.	Economic stability
C.	Private initiative	D.	Best optimum use of available resources

252.

Which of the following represents joint supply?

A.	Paan Parag and Paan Bahar	B.	Cigarettes and Bidis
C.	Radiosets and Transistors	D.	Birds and Cages

253.

The advantage of mass production is

A.	better quality	B.	use of new technology
C.	sophistication	D.	reduced cost of production

254.

Which of the following law is related to health of workers?

A.	ESI	B.	Payment of wages act
C.	Employees Provident Fund Act	D.	Payment of Bonus Act

255.

Which of the following item is not produced under mass production?

A.	Ball bearings	B.	Automobile tyres
C.	Aircraft	D.	Passenger cars

256.

Windfall profits accrue due to

A.	professional management	B.	use of ultra modern machinery
C.	reduced cost of inputs	D.	unexpected circumstances

257.

Which of the following is an indirect tax?

A.	Gift tax	B.	Estate duty
C.	Income tax	D.	Import duty

258.

The demand for luxuries is

A.	constant	B.	elastic
C.	inelastic	D.	fixed

259.

Shares can be purchased and sold in

A.	nationalised banks	B.	financial corporations
C.	stock exchanges	D.	non-nationalised banks

260.

Interest is not payable on investment in

A.	debentures	B.	fixed deposits
C.	shares	D.	secured loans