Which of the following statements is correct ?

Q1181. Which of the following statements is correct ? (a) Most workers will work for less than their reservation wage. (b) The reservation wage is the maximum amount any firm will pay for a worker. (c) Economic rent is the difference between the market wage and the reservation wage. (d)…

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The size of the market for a product refers to

Q1151. The size of the market for a product refers to (a) the number of people in the given area (b) the geographical area served by the proudcers (c) the volume of potential sales of the product (d) the number of potential buyers of the product Ans: (d) ________________________________________ Q1152.…

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Which State Government has recently abolished “agriculture income tax”

Q1121. Which State Government has recently abolished “agriculture income tax” (a) Karnataka (b) Rajasthan (c) Bihar (d) Assam Ans: (a) ________________________________________ Q1122. Which of the following taxes is levied by the State Government only? (a) Wealth tax (b) Entertainment tax (c) Income tax (d) Gift tax Ans: (b) ________________________________________ Q1123.…

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Current Fiscal Deficit percentage in GDP is

Q1091. Current Fiscal Deficit percentage in GDP is (a) 7 (b) 4 (b) 8 (d) 1 Ans: (*) ________________________________________ Q1092. In which year the planning commission was set-up ? (a) 1950 (b) 1951 (c) 1952 (d) 1949 Ans: (a) ________________________________________ Q1093. Tick the correct option with regards to the contribution…

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When was the Jawahar Rozgar Yojna launched ?

Q1061. When was the Jawahar Rozgar Yojna launched ? (a) 1985 (b) 1987 (c) 1989 (d) 1991 Ans: (c) ________________________________________ Q1062. The Centre for Agricultural Marketing is located at (a) Jaipur (b) New Delhi (c) Nagpur (d) Hyderabad Ans: (a) ________________________________________ Q1063. The Planning Commission of India was constituted in…

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Which one of the following pairs is wrongly matched?

Q1031. Which one of the following pairs is wrongly matched? Place — Location (a) Trafalgar Square — London (b) Red Square — Moscow (c) Tiananmen Square — Beijing (d) Tahrir Square — Abu Dhabi Ans: (d) ________________________________________ Q1032. The capital of Rawanda is : (a) Libreville (b) Bogota (c) Kigali…

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The smallest island country in the Indian Ocean is

Q1001. The smallest island country in the Indian Ocean is (a) Maldives (b) Sri Lanka (c) Mauritius (d) Madagascar Ans: (a) ________________________________________ Q1002. Summer rains in Australia broadly decreases from (a) east to west (b) west to east (c) north to south (d) south to north Ans: (c) ________________________________________ Q1003.…

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