Question # 1

Open Market Operations occur when the government:

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Reduces the interest rate

Buys and sells bonds and securities

Increases taxation

Increases the exchange rate

Who said the history of all hiterto existing society is the history of class struggle,''?

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Engels

Marx

Lenin

Trotsky

What is "Dumping"?

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The sale of the sub-standard commodity

Sale in a foreign market of a commodity at a price below marginal cost

Sale in a foreign market of a commodity just at marginal cost without too much of profit

Smuggling of goods without paying any customs duty

Incommon meaning inflation is a condition in which-

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Price of commodity increases

Value of money decreases

Price of commodity and value of money both increases

Price of commodity increases and value of money decreases

The requirement that people select mates outside certain groups:

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Exogamy

Ethnography

Endogamy

Incest taboo

Where is the headquarters of World Trade Organization?

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New Delhi

New York

Geneva

None of the above

When total utility becomes maximum then marginal utility will be:

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Minimum

Average

Zero

Negative

The passion for equality made vain the hope for liberty"Who has made this statement?

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J,S,Mill

V,I, Lenin

Jeremy Bentham

Lord Acton

Who has given the ''Deterministic or dingle factor theory'' about social change:

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Emile Durkheim

Talcott Parsons

Kari Marx

August comte

If correlation coefficient is equal to zero, then variables will be?

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Associated

Correlated

Independent

Dependent

The Constitutional Government Means:

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Government based on the rule of the law

A Democratic Government

All these

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