Economics - Study Mode
[#116] Economic liberalism started in India-
Correct Answer
(D) All of the above
[#117] 'A seller market is one' where-
Correct Answer
(C) Sellers can sell what they produce
[#118] The elasticity of supply for the supply function of q = 20p is
Correct Answer
(B) unity
[#119] Statement-I: The industrial policy of the Government of India is aimed at increasing the tempo of industrial development. Statement-II: After the New Industrial Policy - 1991, the Balance of Trade for India has always been positive.
Correct Answer
(A) Statement (I) is correct, but (II) is incorrect
[#120] Government accounting is based on:
Correct Answer
(C) Single accounting system