General Knowledge MCQs & Hindi GK Quizzes

Question #69293

Who amongst the following economists gave the concept of ‘economics of sale’ which says, ‘Many goods and services can be produced more cheaply in long series’?

A Edward C. Prescott

B Admund S. Phelps

C Paul Krugman

D Edmund S. Phelps

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Question #69292

When the growth of GDP in a country slows down suddenly, people start losing their jobs and the situation continues for several weeks, what name is given to this state of economy?

A Inflation

B Recession

C Deflation

D Economic Boom

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Question #69291

Who among the following was the chairman of the high level commission on competition policy and law?

A Bimal jalan

B c. Rangrajan

C Y.V. Reddy

D S.V.S. Raghavan

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Question #69290

Mohammad Yunus of Bangladesh who was awarded Nobel Prize a few years back is a famous?

A Author

B Scientist

C Social worker

D Economist

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Question #69289

Which of the following term is NOT used in the world of economics/finance?

A Sinking Fund

B Open Door Policy

C Third World

D Privilege motion

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Question #69288

Which of the following terms is NOT used in Economics?

A Balance of Trade

B Break Even

C Fiscal Deficit

D Centrifugal Force

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Question #69287

Which of the following committees recommended the revival of Co-operative Credit Institution in States?

A Vaiddyanathan Committee

B Rangrajan Committee

C Rakesh Mohan Committee

D Sachchar Committee

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Question #69286

Many times we read in financial newspaper FII. What is the full form of FII?

A Final Investment in India

B Foreign Investment in India

C Formal Investment in India

D Foreign Institutional Investment

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Question #69285

Utility in economics means the capacity to?

A Provide comforts

B Earn in income

C Satisfy human wants

D Satisfy human motives

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Question #69284

When the price of a commodity falls, we can expect?

A The supply of it to increase

B The demand for it to fall

C The demand for it to stay constant

D The demand for it to increase

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सही उत्तर: 4