NAT I Commerce Economics With Answers

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NAT I Commerce Economics

Sr. # Questions Answers Choice
1 Who criticized Prof.Robbin's definition? <span style="font-size: 14.44444465637207px;">Marshall,J.B</span> <span style="font-size: 14.44444465637207px;">Beveridge</span> <span style="font-size: 14.44444465637207px;">Clark</span> <span style="font-size: 14.44444465637207px;">Pigeou</span>
2 Who wrote The Nature and Significance of Economics" Adam simth Marshall Robbins Keynes
3 Canons of taxation describes Marshall Keynes Robbins Adam Smith
4 International trade has the benefits One Three Two Unlimited
5 Phases of trade cycle are: One Three Two Four
6 Inflation on prices: Decrease Remains constant Increase Become zero
7 When national income is increases: Standard of living increases Standard of living decreases Remains same Bad thing
8 Personal income means: Own income Family income Govt.income Old income
9 National income period is One year Three years Two years Four years
10 Factors of production are: One Three Two Four
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