Question # 1

Economic growth can be measured by:

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The CPI

The CBI

GDP

MPC

Demand for Primary products is likely to be:

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Very sensitive to price

Price elastic

Unit elastic

Income inelastic

Net investment is

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Gross investment minus household investment

Gross investment minus govt.investment

Gross investment minus capital consumption allowance

None of the above

World Development report is issued annually by?

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IMF

ILO

WHO

World Bank

What is the effect the economy if reducing involuntary unemployment?

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It helps the economy move on to the Helps shift the economy move on to the Production Possibility Frontier

Helps shift the economy's production Possibility Frontier out wards

Helps the economy move along its Production possibility Frontier

Helps the economy Frontier

GEAC is an important organization in India, What is its full form?

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General eating and acting committee

General engineering Approval corporation

Genetic Engineering Approval Committee

Genetic Engineering Approval Corporation

What does the term 'The Golden Horde' Refer to?

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Part of the Mongol Empire

An area in Mexico once ruled by the Aztecs

Napoleon's conquest of Egypt

When did World Trade Organization replace GATT?

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1 January 1995

1 January 1998

1 December 1999

1 June 2000

What is a 15-sided polygon?

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Enneagon

Nonagon

Pentadecagon

Dodecagon

Uruguay Round of multilateral trade negotiations:

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Started in 1986 and completed at the end of 1993

Replaced the GATT with WTO

Brought services and agriculture into WTO

all of the above

ICMB stands for:

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Internal Continental ballistic Missile

Inter Country Ballistic Missile

Inter-Continental Ballistic Missile

Inter-Continental Ballistic Market

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