| 1 |
According to Prof. Kitchen a trade cycle completes in |
- A. Two years six months
- B. Three years or Fifty years
- C. Fifty years or Sixty years
- D. Sixty years or Seventy years
|
| 2 |
National income at factor cost is equal to: |
- A. G.N.P - Subsidies + taxes
- B. N.N.P - Direct tax + Subsidies
- C. G.D.P - Subsidies + taxes
- D. N.N.P - Indirect tax + Subsidies
|
| 3 |
In which phase of a trade cycle level of employment and income become very low |
- A. Depression
- B. Recovery
- C. Boom
- D. Recession
|
| 4 |
According to which economist some trade cycles complete their cycle during a period of fifty years or sixty years |
- A. Prof Kitchen
- B. Prof Jugglar
- C. Prof Pigou
- D. Prof Kondratieff
|
| 5 |
Transfer payment means: |
- A. Rent transfer
- B. Wages transfer
- C. Reward without services
- D. Profit transfer
|
| 6 |
Theory of sun-spot was presented by |
- A. Prof Jevons and Henry L, Moor
- B. Prof Pigou and begehot
- C. Prof Hobson
- D. Prof Cassel
|
| 7 |
Methods for measurement of national income are: |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 8 |
During the phase of recession prices of goods |
- A. Start rising
- B. Start falling
- C. are highest
- D. are lowest
|
| 9 |
Subsidies means: |
- A. Relief price to consumers
- B. Relief in price to Producers
- C. Surplus budget
- D. Both a and b
|
| 10 |
According to which economist, duration of a trade cycle is 9 to 10 years |
- A. Prof Kitchen
- B. Prof Jugglar
- C. Prof Pigou
- D. Prof Kondratieff
|
