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EconGlow Institute

EconGlow Institute

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EconGlow institute provides best coaching for MA Economics entrances like (DSE, ISI, IIT JAM, IIT GATE, JNU, central university etc)

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A perfectly competitive firm will shut down in the short run if it incurs an economic loss normal profit is greater than zero total revenue is greater than total costs total costs are greater than total revenue total revenue is less than total variable costs Answer:5

The basic difference between macroeconomics and microeconomics is that a. macroeconomics looks at the forest (aggregate markets), while microeconomics is concerned with the individual trees (subcomponents). b. macroeconomics is concerned with policy decisions, while microeconomics applies only to theory. c. microeconomics is concerned with the forest (aggregate markets), while macroeconomics is concerned with the trees (components). d. opportunity cost is applicable to macroeconomics, and the fallacy of composition relates to microeconomics. Answer:A

Economic choice and competitive behavior are the result of a. basic human greed. b. poverty. c. private ownership of resources. d. scarcity. Answer:D

Answer:C
Answer:C

Answer:D
Answer:D

Answer:D
Answer:D

Answer:B
Answer:B

Answer:B
Answer:B

Answer:D
Answer:D

Answer:C
Answer:C

Answer:C
Answer:C

Where is the Headquarter of NABARD? (a) Delhi (b) Kolkata (c) Mumbai (d) Chandigarh Answer:B

Where is the Headquarter of NABARD? (a) Delhi (b) Kolkata (c) Mumbai (d) Chandigarh Answer:C

Who is called the father of Operation Flood in India? (a) Verghese Kurien (b) M.S. Swaminathan (c) Norman Borlaug (d) Vinoba Bhave Answer:A

Which of the following sector is not covered under the Bharat Nirman Programme? (a) Health & Nutrition (b) Irrigation (c) Roads (d) Housing Answer:A

What is liquidity? (a)  The degree to which an asset or security can be quickly bought or sold in the market. (b)  Ability of the government to increase tax base (c)  How easily an individual get loan from the banks (d)  None of these Answer:A

Who designed the symbol of Indian rupee? (a) Rakesh kumar (b) Udit raj (c) D. Uday kumar (d) Dr. Raj kumar Answer:C

Who imposes corporation tax in India? (a) State govt. (b) Central govt. (c) State and central both (d) Local govt. Answer:B

Inflation is situation in which………………………….. (a)  Value of money decreases (b)  Value of money increases (c)  First increases then decreases (d)  First decreases then increases Answer:A

Who among the following presented the first budget (interim) of Independent India? a) Manmohan Singh b) Jawaharlal Nehru c) R K Shanmukham Chetty d) N.D. Tiwari Answer: C