Question # 1

Full employment is a situation when?

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Cyclical unemployment is zero

Frictional unemployment is zero

Seasonal unemployment is zero

Disguised unemployment is zero

A constitutionally recognized body is-

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Planning Commission

Finance commission

Forward Commission

Farmers Commission

GDP plus net property income from abroad equals what?

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GNP

NNP

Depreciation

Real GDP

One in which people's economic affairs can take place freely but are subject to some government intervention and regulation:

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Traditional economy

Command economy

No such thing

Mixed economy

Who defined "Economics is the Science of Wealth"?

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J.K Mehta

Marshall

Adam Smith

Robbins

A reduction in the money supply is likely to:

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Reduce the interest rate

Increase the interest rate

Increase inflation

Decrease deflation

Hedging and speculation in forx markets-

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Are opposite activites

Parallel activites

Same activites

All of the above

Who coined the phrase ''Track Two Diplomacy''?

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Edmund Gullion

Names cable

Mr. Joseph Montville

John W, McDonald

If you doctor ordered and EKG or ECG, What part of Your body Would be tested:

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Eyes

Bladder

Brain

Heart

Which is not a monetary measure to control inflation?

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Soft loan policy

Hard credit policy

Tight the regulation of money issue

To reduce the quantity of money

Feeling of loyalty and attachment to one's nation or nation-state and strong support for tits interests is known as:

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Loyalty

Nationalism

Patriotism

none of these

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