Question

Choose the correct Option:- [Marks 5]

Q1. The branch of economics that deals with allocation of resources:-

a) Micro Economics b) Macro Economics

c) Econometrics d) None of these

Options:- 1) a , b and c 2) a and b 3) only a 4) None Of these

Q2. Features of perfect competition are:-

a) Large numbers of buyers b) Large numbers of sellers

c) Different prices d) Homogeneous goods

Options:- 1) a , b and c 2) a , b and d 3) b , c and d 4) None Of these

Q3. GDP Gross Domestic Product:-

a) C+I+G+(X-M) b) C+I+G+(X-M)+(R-P)

c) GNP - Depreciation d) None of these

Options:- 1) a and d 2) a ,b and c 3) only a 4) only d

Q4. Non tax source of revenue:-

a) Direct and Indirect tax b) Direct tax and fees

c) Fees d) Special Levy

Options:- 1) b and c 2) a and c 3) a , b c and d 4) c and d​

Answer 1

Answer:

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