[{"id":102986,"question":"Comparative cost theory is also called","choices":[{"text":"Theory of comparison cost","value":"A"},{"text":"Theory of specialization of cost","value":"B"},{"text":"Theory of balanced cost","value":"C"},{"text":"Theory of specialization of production","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":102985,"question":"According to classical theory of international trade, a country imports those goods from the other country which","choices":[{"text":"Are durable","value":"A"},{"text":"Are standardised","value":"B"},{"text":"Are produced comparatively at high cost","value":"C"},{"text":"Are not produced in that country","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":102984,"question":"Innovation theory is presented by","choices":[{"text":"Prof Kegnes","value":"A"},{"text":"Prof Schumpeter","value":"B"},{"text":"Prof Hicks","value":"C"},{"text":"Prof Foster","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":102983,"question":"Monetary theory of Trade cycle is presented by","choices":[{"text":"Prof Hawtrey and Friedman","value":"A"},{"text":"Prof Keynes","value":"B"},{"text":"Prof Hobson","value":"C"},{"text":"Prof Kitchen","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":102982,"question":"Over investment theory is presented by","choices":[{"text":"Pigou","value":"A"},{"text":"Hawtray","value":"B"},{"text":"Hayek, Mises and Cassel","value":"C"},{"text":"Prof Jugglar","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":102981,"question":"Under consumption or over saving theory is presented by","choices":[{"text":"Prof Hobson, Foster and Catchings","value":"A"},{"text":"Prof Hawtrey","value":"B"},{"text":"Prof Keynes","value":"C"},{"text":"Prof Jevons","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":102980,"question":"Psychological theory of trade cycles is presented by","choices":[{"text":"Prof Jevons","value":"A"},{"text":"Prof Pigou and Bagehot","value":"B"},{"text":"Prof Keynes","value":"C"},{"text":"Prof Hawtrey","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":102979,"question":"Theory of sun-spot was presented by","choices":[{"text":"Prof Jevons and Henry L, Moor","value":"A"},{"text":"Prof Pigou and begehot","value":"B"},{"text":"Prof Hobson","value":"C"},{"text":"Prof Cassel","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":102978,"question":"According to which economist some trade cycles complete their cycle during a period of fifty years or sixty years","choices":[{"text":"Prof Kitchen","value":"A"},{"text":"Prof Jugglar","value":"B"},{"text":"Prof Pigou","value":"C"},{"text":"Prof Kondratieff","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":102977,"question":"According to which economist, duration of a trade cycle is 9 to 10 years","choices":[{"text":"Prof Kitchen","value":"A"},{"text":"Prof Jugglar","value":"B"},{"text":"Prof Pigou","value":"C"},{"text":"Prof Kondratieff","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":102976,"question":"\"A trade cycle is completed in three years four months\" This is stated by","choices":[{"text":"Prof Kitchen","value":"A"},{"text":"Prof Jugglar","value":"B"},{"text":"Prof Jevons","value":"C"},{"text":"Prof Pigou","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":102975,"question":"The period in which an economy comes back from prosperity to depression is called","choices":[{"text":"Recovery","value":"A"},{"text":"Recession","value":"B"},{"text":"Boom","value":"C"},{"text":"Depression","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":102974,"question":"In which phase of a trade cycle national product, wages, prices and profits reach at their peak","choices":[{"text":"Recovery","value":"A"},{"text":"Boom","value":"B"},{"text":"Recession","value":"C"},{"text":"Depression","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":102973,"question":"In which phase of a trade cycle production, employment, wages and rate of interest etc start rising gradually","choices":[{"text":"Boom","value":"A"},{"text":"Depression","value":"B"},{"text":"Recovery","value":"C"},{"text":"Recession","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":102972,"question":"In which phase of a trade cycle level of employment and income become very low","choices":[{"text":"Depression","value":"A"},{"text":"Recovery","value":"B"},{"text":"Boom","value":"C"},{"text":"Recession","value":"D"},{"value":"E"}],"correctAnswer":1}]