Q. Which of the following allows free movement of labour and capital among member nations?
1) Customs union
2) Economic union
3) Common market
4) Preferential trade arrangement
Q. Which Index Number method has an upward bias?
1) Laspeyre's method
2) Bowley's method
3) Passche's method
4) Fisher's method
Q. The statistical technique used to determine the degree of relationship between two variables is called--
1) Association
2) Index Numbers
3) Correlation
4) Dispersion
Q. On Current Daily Status (CDS) basis, the incidence of unemployment in India in 2004-05 was-
1) 8.28%
2) 6.43%
3) 4.52%
4) 10.12%
Q. Public Enterprises in India have developed only in -
1) Key and Basic industries
2) Consumer goods industries
3) Service industries
4) All types of industries
Q. The difference between the export and import of services is called -
1) Balance of Trade
2) Balance Of Capital account
3) Balance of Current account
4) Balance of Invisible
Q. Raul Prebisch's argument is concerned with the effects of business cycles on--
1) Output
2) Balance of Payments
3) Terms of Trade
4) Consumption
Q. The Deficit Budget in which the deficits are covered through taxes is called -
1) Unbalanced Budget
2) Balanced Budget
3) Surplus Budget
4) Zero-base Budget
Q. Funds not belonging to the Government are called--
1) Consolidated Fund
2) Contingency Fund
3) Private Accounts
4) Public Accounts
Q. Which group represents the interests of the developing countries?
1) G-77
2) G-7
3) G-10
4) G-80
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