| 1 |
Points of Robbins definition are |
Two points
Four points
Economic points
Practical points
|
| 2 |
Are included in welfare economist |
Ricardo and J.S. Mill
Robbins and Keynes
Cannon and Pigou
Malthus and Keynes
|
| 3 |
Economics is basically divided into two parts |
Micro and macro economics
Micro and applied economics
Theoretical and applied economics
Welfare and applied economics
|
| 4 |
Which is not studied in macro economics |
National income
Money and banking
Price theory
Public finance
|
| 5 |
Which is not studied in micro economics |
Theory of consumer behavior
Price theory
Theory of money
Theory of distribution of wealth
|
| 6 |
How many kinds are of positive economics |
Two
Three
Four
Five
|
| 7 |
How many are kinds of theoretical economics |
Two
Three
Four
Five
|
| 8 |
How many are kinds of economics |
Two
Three
Four
Five
|
| 9 |
Inductive method of deriving economic laws |
We move from general conditions to particulars conditions
We move from particular conditions to general conditions
Facts are stated in simple and easy way
Stated in general way
|
| 10 |
Deductive method of deriving economic laws |
We move from general conditions to particular conditions
We move from particular conditions to general conditions
Stated in general way
Different incidents are kept in view
|
| 11 |
Methods of deriving economic laws are |
Two
Three
Four
Five
|
| 12 |
Which characteristic is not found in economic laws |
Not quantitative
Cannot be predicted
No punishment in case of going against law
Definite and universal
|
| 13 |
Laws cannot be predicted |
Scientific laws
Moral laws
Economic laws
Natural laws
|
| 14 |
Not acting upon economic laws |
One gets punishment
Economy faces loss
Only the people not acting, face loss
No one is influenced
|
| 15 |
Economic laws are |
Definite and universal
Of Conditional nature
Of moral nature
Of political nature
|
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