Question # 1

In the factors for production market what do the house holds sell to the firms?

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Income

Labour

Goods and services

Rent

What is Tariffs?

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Decrease the domestic prices of a product

Increase the quantity of imports

Decrease domestic production

Increase government earnings form tax

When stock market is falling is called

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Bearish

Bullish

Anti Dumping

Dumping

If interest payment is deducted from the fiscal deficit,then the balance is-

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Primary deficit

Budgetary deficit

Revenue deficit

Monetary deficit

What is a 'buttock line'?

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A row of locking gimbals

The location at which cockpit seats are located

An imaginary vertical line that separates the right and left side of an aircraft

The alignment of landing gear wheels installed on an aircraft

What does the teem ''contigency workforce'' mean?

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employees who works on whatever tasks are most essential at that moment

employees who are expected to travel a great deal for their employers

temporary employees who are hired for only as they are needed

None of these

When internal economics of scale occur:

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Total costs fall

Marginal costs increase

Average costs fall

Revenue falls

What did the term 'Ironclad' refer to?

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The first Kinghts to wear to wear amour

The first armoured vehicles

A guaranteed prposition or word of honour

A class of warships

What is the Essence of Control?

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To take decision

To take corrective action

To make enquiry

To motivate

Which theory is generally included under micro economics?

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Price Theory

Income theory

Employment Theory

None of these above

What does SOP stand for:

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Special Operating Procedure

Special Operation Procedure

Standard Operating plan

simple operating Plan

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