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
Q. The doctrine of unbalanced growth has not been advocated by -
1) W.A.Lewis
2) H.W.Singer
3) A.O.Hirschman
4) C.P.Kindleberger
Q. Shift in LM curve takes place to--
1) Increase in autonomous investment
2) Increase in saving rate
3) Increase in consumption
4) Increase in money supply
Q. In the classical theory, an increase in money supply leads to -
1) Decrease in price level
2) Increase in price level
3) Decrease in investment
4) Increase in savings
Q. The demand for labour by a firm is a derived demand because it depends upon -
1) The demand for goods and services that labour helps to produce
2) Thee degree of substitution between labour and other factors of production
3) The demand for other factors of production
4) The elasticity of demand for labour
Q. One amongst the following takes the decision about the monetary Policy of India-
1) Finance Minister of India
2) Reserve Bank of India
3) Prime Minister of India
4) International Monetary Fund
Q. Centers located in Gujarat , Bengal, Deccan and Tamil Country during the Gupta period were associated with which of the following:
1) Textile Manufacture
2) Gems and precious stones
3) Handicrafts
4) Opium cultivation
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