Question # 1

What is a 'Quasi-rents'?

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Are in the nature of free gifts

May be applicable to all factors of production

comprise of all the returns to firm in excess of the returns of the marginal firm

All the above

Fiscal deficit in the budget means:

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Revenue deficit plus the net borrowings of the government

Budgetary deficit plus the net borrowings of the government

Capital deficit plus revenue deficit

Primary deficit minus capital deficit

What is meant by the term the Grey shirts movement?

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Belgian Neo-Nazis

An American right-Wing movement

Italian Liberal Movement

South African Nationalists

When the economic activity in an economy is on the decline, then it is called a:

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Boom

Depression

Deflation

Recession

The first Stock Exchange of the world is

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Mumbai

New York

Amsterdam

Tokyo

What is the full of the NASA:

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National Aeronautics and space administration

Natural Aeronautics and space administration

natural Administration and space administration

Natural administration and space agency

Max weber's term for lower made legitimate by a leader's exceptional personal or emotional appeal to his or her followers:

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Causal logic

Charismatic authority

Cohabitation

Closed system

The credit for a advocation the legat theory of night goes to:

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Austin

Locke

Barker

Laski

Which sociologist coined the term sociological imagination?

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C.Wright mills

max Weber

James Frazer

Emile Durkheim

The state us the product and manifestation of he irreconcilability of class antagonism. Who holds the above view?

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Marx

Lenin

Bakunin

Stalin

Which theory is generally included under micro economics?

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Price Theory

Income theory

Employment Theory

None of these above

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