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  • Question 1
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    In the parlance of financial investment the term 'bear' denotes.

  • Question 2
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    Which of the following agencies of Indian Government implements the price support scheme (PSS)?

  • Question 3
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    Which of the following is correct about the term 'ex-factory price'?

  • Question 4
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    Consider the following statements about the idea of 'micro-finance' in India and select the correct ones using the code give below:
    1. Micro-finance is a small-scale financial intermediation, inclusive of savings, credit, insurance, business services and technical support provided to the needy borrower.
    2. The thrust of the micro finance initiative is to channelize production and consumption credit in multiple does based on the absorption capacity of the prospective borrower.
    3. It has evolved through following different models at different times - a 'charity based model' to a 'third-based model' and finally to the 'trust and creditworthiness model'.
    4. It was in Australia where evolved the link between microfinance institutions and the formal financial institutions.

  • Question 5
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    Which of the following statements(s) are true with respect to the concept of "efficient" as used in mainstream economic?
    $$1$$. Efficiency occurs when no possible re-organisation of production can make anyone better off without making someone else worse off
    $$2$$. An economy is clearly inefficient if it is inside the Production Possibility Frontier(PPF)
    $$3$$. At a minimum, an efficient economy is on its Production Possibility Frontier(PPF)
    $$4$$. The terms such as 'Pareto Efficiency', 'Pareto Optimality' and 'Allocative Efficiency' are all essentially one and same which denote 'efficiency in resource allocation'
    Select the correct answer using the code given.

  • Question 6
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    Microeconomics does not focus on all of the following except

  • Question 7
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    The problems of customs union are generally studied under the headings of _________________ aspect.

  • Question 8
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    An example of positive economic analysis would be:

  • Question 9
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    What is production possibility frontier? 

  • Question 10
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    The collection of all the possible combinations produced from a given amount of resources is called _______.

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