1 | When was the minimum wages act enacted in India? | 1948 |
2 | India adopted Five Year Plan from | Farmer USSR |
3 | According to measurement, internal return is | Annualized effective effect |
4 | According to unit of measurement, internal return is. | A concept of long term production |
5 | Kob- Doglash Production function Q = Aha k(1-a) is dependent upon. | Constant interest return |
6 | Rate of internal return should. | Inake cost of production and profit equal. |
7 | Increasing internal return means | Decreasing cost |
8 | If on decreasing rate of interest increase in marginal internal return, then total internal return. | Increases |
9 | Third situation of low of variable proportion is | Negative return |
10 | The excess of the price, person is to pay rather than forego the consumption of the commodity is called. | Producer's surplus |
11 | Production function marks relation between. | Internal input and production |
12 | Production function signifies. | Industrial relation |
13 | Production function shows relation between | Primary input and ultimate output |
14 | Group consumption means. | H o u s e h o l d consumption |
15 | Marginal Propensity to consume lies between. | 0 to 1 |
16 | When the total product rises at an increasing rate, then the | Marginal product is rising |
17 | Economics of scale means reduction in | Unit cost of production |
18 | The remuneration of the entrepreneur in production is | Pure Profit |
19 | Operating Surplus is produced in | Enterprise Sector |
20 | In Economics, Production means | Creating utility |
21 | The marginal revenue of monopolist is | Less than price |
22 | The 'Break-even' point is where | Total revenue equals total cost. |
23 | Example of Sales tax is- | Indirect tax |
24 | Coorporate tax are imposed by central govt., but used by | Both state & central |
25 | Taxation is an instrument of | Fiscal policy |
26 | What is reduced from NNP to get National income. 0 65292 | Indirect Tax |
27 | Indirect tax by nature are | Regressive |
28 | In case of direct tax, impact of tax & incidence of tax. | On same person |
29 | Which field gives highest tax- | Industrial sector |
30 | If the tax rate increases with the higher level of income it shall be called. | Progressive tax |
31 | Who was the chairmen of tenth Finance Commission? | K.C. pant |
32 | Who was the chairmen of 13th Finance Commission? | Dr. vijay L Kelkar |
33 | VAT was firstly implemented in | France |
34 | VAT is imposed on 72 | All level of production and selling |
35 | CENVAT is related with | Excise duty |
36 | Fringe Benefit Tax was introduced in budget | 2005-06 |
37 | 'Value - added' is equal to | Output Minus the Inputs |
38 | Vijay Kelkar Committee was related to | Tax reform |
39 | Finance Commission is organized. | After every five year |
40 | Excise duty is paid for- | Production of a commodity |
41 | If for any product X, total utility from an units is 20 and from 10 unit is 15, then Marginal utility is | -5 |
42 | In economics, 'utility' and 'Usefulness' words has. | Different meaning |
43 | In baseball, the two opposing teams consist of howmany players? | 9 players each |
44 | Which book is authored by V.S. Naipaul? | A House for Mr. Biswas |
45 | In which technology do Cryogenic engines find applications? | Rocket technology |
46 | Shovna Narayan is a reputed personality in which field? | Classical dance |
47 | Which is the element found on the surface of the moon? | Titanium |
48 | 'My Music, My Life' is the autobiography of which person? | Pt. Ravi Shankar |
49 | Which was the first talkie film of India? | Alam Ara |
50 | Krishnadeva Raya wrote a famous work, namely Amuktamalyada, in which language? | Telugu |
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