Please select a subject first
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Identify the correct pair of items from the following Columns I and II:
| Column I | Column II |
| (1) Utility | (a) Bread and butter |
| (2) Normal Goods | (b) Rise in price |
| (3) Contraction in demand | (c) Capacity of a commodity to satisfy human wants. |
| (4) Complementary goods | (d) Positively related |
Concept: undefined >> undefined
If the increase in demand is greater than the increase in supply, then equilibrium price will ______
Concept: undefined >> undefined
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Read the following statements carefully and choose the correct alternatives given below:
Statement 1: Revenue Expenditure is expenditure incurred for purposes other than the creation of physical or financial assets of the central government.
Statement 2: Revenue Expenditure relates to those expenses incurred for the normal functioning of the government departments.
Concept: undefined >> undefined
Construction of railway line is a type of ______ expenditure.
Concept: undefined >> undefined
Identify the correct pair of items from the following Columns I and II:
| Column I | Column II |
| (1) Budget Line | (a) Normal goods |
| (2) Bajra | (b) Inferior goods |
| (3) Consumer equilibrium | (c) Luxurious goods |
| (4) Elastic Demand | (d) M = Px*x + py*y |
Concept: undefined >> undefined
Under which market form, a firm is a price taker?
Concept: undefined >> undefined
What will be the effect on equilibrium price and equilibrium quantity when income increases in case of normal goods?
Concept: undefined >> undefined
Area under MC curve is equal to:
Concept: undefined >> undefined
Which of the following statements is true?
Concept: undefined >> undefined
Which of the following can cause an increase in demand:
Concept: undefined >> undefined
Subsidies and expenditure on scholarships are examples of ______
Concept: undefined >> undefined
Which of the following have elastic demand?
Concept: undefined >> undefined
Identify the two cost curves which start from the same point on the Y-axis.
Concept: undefined >> undefined
Aggregate demand can be decreased by:
Concept: undefined >> undefined
Which of the following statements is correct with respect to the correction of Excess Demand?
Concept: undefined >> undefined
Which of the following is correct?
Concept: undefined >> undefined
Which of the following statements is true?
Concept: undefined >> undefined
Which of the following statements is false?
Concept: undefined >> undefined
Which one of the following is not a determinant of individual supply?
Concept: undefined >> undefined
Identify the market form which has indeterminate demand curve:
Concept: undefined >> undefined
