Please select a subject first
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State whether the following statements are TRUE or FALSE:
Marginal utility increases with increase in consumption.
Concept: undefined >> undefined
State whether the following statements are TRUE or FALSE:
In deficit budget, expenditure is more than income.
Concept: undefined >> undefined
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Choose the correct answer :
The capacity of a commodity to satisfy human want is known as _________.
Concept: undefined >> undefined
Do you agree with the following statements? Give reasons.
Marginal utility and Total utility is same.
Concept: undefined >> undefined
Fill in the blanks with appropriate alternatives given in the bracket.
Marginal consumption function is always ________.
Concept: undefined >> undefined
Match the following Group ‘A’ with Group ‘B’ :
|
Group ‘A’ |
Group ‘B’ |
||
| (a) |
Economics | (1) | not steady |
| (b) |
Reward of capital | (2) | 1 April, 1935 |
| (c) |
Value of money | (3) | Social science |
| (d) |
Establishment of Central Bank | (4) | Income from commodity tax |
| (e) | Sales tax | (5) | Natural science |
| (6) | Interest |
||
| (7) | 1 April, 1939 | ||
Concept: undefined >> undefined
State whether the following statements are True or False with reason:
Due to clearing house of the Central Bank cash money is saved.
Concept: undefined >> undefined
Fill in the blank with appropriate alternatives given below:
Marginal utility diminishes, as consumption of commodity ________.
Concept: undefined >> undefined
Fill in the blank with appropriate alternatives given below:
_________________ utility is the utility derived from the last unit of the commodity consumed.
Concept: undefined >> undefined
Fill in the blank with appropriate alternatives given below:
When MU is ______________ TU decreases.
Concept: undefined >> undefined
State the following statement is True or False:
MU and TU are equal at the initial stage.
Concept: undefined >> undefined
Define the following concept:
Total utility
Concept: undefined >> undefined
Explain the following concept:
Marginal utility
Concept: undefined >> undefined
Give reason or explain:
Utility is a psychological term.
Concept: undefined >> undefined
Give reason or explain:
Utility is ethically neutral.
Concept: undefined >> undefined
Write short note on:
Equi-marginal utility
Concept: undefined >> undefined
Answer the following question:
Explain the relationship between TU and MU.
Concept: undefined >> undefined
State with reason whether you agree or disagree:
When MU is zero, TU diminishes.
Concept: undefined >> undefined
State whether the following statement is TRUE or FALSE.
Credit rationing is quantitative credit control measure of Central bank.
Concept: undefined >> undefined
State whether the following statement is TRUE or FALSE.
Regulation of Consumer Credit is a quantitative credit control measure of Central Bank.
Concept: undefined >> undefined
