| Currency deposit ratio equals _________________. A. Cash in hand with the people B. Demand deposit with the people C. Both (A) and (B) D. None ...

| Credit multiplier is equal to ___________. A. 1/CRR B. 1/SLR C. 1/Repo Rate D. 1/Reverse Repo Rate Right Answer is: A SOLUTION

| When the number of poor is estimated as the proportion of people below the poverty line, it is known as ______. A. Earning Member Ratio B. Head Count Ratio

| What is Fiscal deficit? A. It occurs when a government’s total revenue exceeds the total expenditure excluding borrowing. B. It is the difference between governments total receipts and its total expenditure ...

| If oligopoly firms produces differentiated products, then it is a situation of _______________. A. perfect oligopoly B. imperfect oligopoly C. pure monopoly D. duopoly

| Which among the following is NOT an example of Heavy industry? A. Metal melting B. Chemical manufacture C. Textile production D. Pottery and brick making ...

| In which form of market, there are only two firms producing a commodity? A. Monopolistic competition B. Duopoly C. Monopoly D. Oligopoly Right ...

| Which among the following is the oldest economic activity known? A. Mining B. Cotton weaving C. Agriculture D. All of these Right Answer ...

| Indian Railways can be termed as _______. A. Natural Monopoly B. Public Monopoly C. Private Monopoly D. Legal Monopoly Right Answer is: B

| Which of the following industry is NOT reserved for the public sector after New Economy Policy of 1991? A. Defence equipment’s B. Railway transport C. Aerospace