General Knowledge MCQs & Hindi GK Quizzes

Question #69273

If two commodities are complements, then their cross price elasticity is?

A Zero

B Positive

C Negative

D Imaginary number

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सही उत्तर: 3

Question #69272

The relationship between the value of money and the price level in an economy is?

A Direct

B Inverse

C Proportional

D Stable

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सही उत्तर: 2

Question #69271

Homogeneous product is a feature of?

A Imperfect market

B Monopoly

C Oligopoly

D Perfect competition

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सही उत्तर: 4

Question #69270

Demonstration Effect means?

A Effect of advertisement

B Imitating effect of consumption

C Effect of entertainment

D Effect of an experiment

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Question #69269

According to J.A. Schumpeter, entrepreneurs are entitled to enjoy the profit for their …… activities?

A Innovative

B Risk taking

C Risk averting

D Hard work

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Question #69268

In which type of competition does Marginal Revenue Curve coincide with Average Revenue Curve?

A Monopoly

B Imperfect competition

C Perfect competition

D Monopolistic competition

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Question #69267

Laissez-faire is a feature of?

A Socialism

B Communism

C Capitalism

D Mixed economy

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Question #69266

In Economics the terms ‘Utility’ and Usefulness’ have?

A Same meaning

B Different meaning

C Opposite meaning

D None of these

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Question #69265

Production function explains the relationship between?

A Initial inputs and ultimate output

B Inputs and ultimate consumption

C Output and consumption

D Output and exports

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Question #69264

Revealed Preference Theory was propounded by?

A Adam Smith

B Marshall

C P.A. Samuelson

D J.S. Mill

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सही उत्तर: 3