Questions

__________ is defined as the output per unit of variable input

A price floor is _____.

Which of the following best describes monetary policy?

Rate of the growth of an economy is measured in terms of

Who is the only Indian economist to have won the Nobel prize?

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

India over the ____________ five decades

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

The most effective measure to keep (1)/ our roads safe is enforcement of rules (2)/ with zero tolerance to any violate rule. (3)/ No error. (4)

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.