Tertiary sector is also called as __________sector

(a)

Service

(b)

Income

(c)

Industrial

(d)

Production

The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as __________.

(a)

Net Factor Income from Abroad

(b)

Capital Consumption Allowances

(c)

Depreciation

(d)

None of these

J.B. Say is a ___________

(a)

Neo Classical Economist

(b)

Classical Economist

(c)

Modern Economist

(d)

New Economist

Assertion: In developing countries like India, the nature of unemployment is different from that of developed countries.
Reason: In developed countries, the unemployment is purely temporary or cyclical or frictional.

(a)

Both A and R are true and R is the correct explanation of A

(b)

Both A and R are true but R is not the correct explanation of A

(c)

A is true but R is false

(d)

A is false but R is true

The MPC is equal to :

(a)

Total spending / total consumption

(b)

Total consumption / total income

(c)

Change in consumption / change in income

(d)

none of the above

During depression the level of economic activity becomes extremely

(a)

high

(b)

bad

(c)

low

(d)

good

The State Financial Corporation Act was passed by

(a)

Government of India

(b)

Government of Tamilnadu

(c)

Government of Union Territories

(d)

Local Government

ASEAN was created in

(a)

1965

(b)

1967

(c)

1972

(d)

1997

Global warming also refers to as

(a)

Ecological change

(b)

Climate Change

(c)

Atmosphere change

(d)

None of the above

Perspective plan is also known as______

(a)

Short-term plan

(b)

Medium-term plan

(c)

Long-term plan

(d)

None of the above