Keynesian Theory of interest is popularly known as

(a)

Abstinence Theory

(b)

Liquidity Preference Theory

(c)

Loanable Funds Theory

(d)

Agio Theory

According to the Loanable Funds Theory, supply of loanable funds is equal to

(a)

S + BC + DH + DI

(b)

I + DS + DH + BM

(c)

S + DS + BM + DI

(d)

S + BM + DH + DS

The concept of meeting unexpected expenditure according to Keynes is

(a)

Transaction motive

(b)

Precautionary motive

(c)

Speculative motive

(d)

Personal motive

The distribution of income or wealth of a country among the individuals are

(a)

Functional distribution

(b)

Personal distribution

(c)

Goods distribution

(d)

Services distribution

Profit is the reward for

(a)

Land

(b)

Organization

(c)

Capital

(d)

Labour

Innovation Theory of profit was given by

(a)

Hawley

(b)

Schumpeter

(c)

Keynes

(d)

Knight

Quasi-rent arises in

(a)

Man-made appliances

(b)

Homemade items

(c)

Imported items

(d)

None of these

"Wages as a sum of money are paid under contract by an employer to a worker for services rendered" - Who said this?

(a)

Benham

(b)

Marshall

(c)

Walker

(d)

J.S.Mill

Abstinence Theory of Interest was propounded by

(a)

Alfred Marshall

(b)

N.W. Senior

(c)

Bohm-Bawerk

(d)

Knut Wicksell

Loanable Funds Theory of Interest is called as

(a)

Classical Theory

(b)

Modern Theory

(c)

Traditional Theory

(d)

Neo-Classical Theory