Identify the necessity of Economic policies

(a)

to solve the basic problems

(b)

to overcome the obstacles

(c)

to achieve growth

(d)

all the above

Expenditure method is used to estimate national income in_______

(a)

Construction sector

(b)

Agricultural Sector

(c)

Service sector

(d)

Banking sector

_________ Flexibility brings equality between saving and investment

(a)

Demand

(b)

Supply

(c)

Capital

(d)

Interest

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

Inflation means

(a)

Prices are rising

(b)

Prices are falling

(c)

Value of money is increasing

(d)

Prices are remaining the same

Online Banking is also known as.

(a)

E-Banking

(b)

Internet Banking

(c)

RTGS

(d)

NEFT

Foreign direct investments not permitted in India

(a)

Banking

(b)

Automic energy

(c)

Pharmaceutical

(d)

Insurance

ASEAN was created in

(a)

1965

(b)

1967

(c)

1972

(d)

1997

The word budget has been derived from the French word "bougette" which means

(a)

A small bag

(b)

An empty box

(c)

A box with papers

(d)

None of the above

Planning Commission was set up in the year ________

(a)

1950

(b)

1951

(c)

1947

(d)

1948