Question # 1

A fall in interest rates is likely to:

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Increase aggregate demand

Increase savings

Decrease consumption

Decrease exports

Fire Insurance is based on the principle of-

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Utmost Good faith

Insurable interest

Indemnity

Cooperation

What is the Essence of Control?

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To take decision

To take corrective action

To make enquiry

To motivate

What is Blue chips shares?

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Those shares which are listed in stock Exchange

Those shares on whom dividend is paid at higher rate regularly

Those share whose guarantee is given by Government

Those shares which are issued at first time

Which is the main reason of demand pull inflation?

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Increase in money supply

Increase in commercial expenditure

Increase in foreign demand for goods

All of the above

Who among he following talked of development tarp'?

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Lucian Pye

Fred Riggs

Myron Weiner

Edward shils

Which of he following is to not likely is not likely to be a government objective?

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Increasing employment

Increasing economic growth

Increasing government spending

Increasing the level of exports

A pressure works for the Welfare of:

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Weaker sections of the society

All section of the society

Its members only

government employees

For a perfectly competitive firm:

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Price equals marginal revenue

Price is greater than marginal revenue

Price equals total revenue

Price equals total cost

ICMB stands for:

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Internal Continental ballistic Missile

Inter Country Ballistic Missile

Inter-Continental Ballistic Missile

Inter-Continental Ballistic Market

What is mixed economy?

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Has supply but not deman

Has demand by not supply

Has supply and demand

Has market forces and government intervention

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