A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textile, shoes etc ?
A. Import substitution B. Export substitution C. Autarchy D. Industrialization
Agriculture MCQs
A household’s or firm’s income in the form of goods or services ?
A. Extra income B. Income in kind C. Fixed income D. None
Productive investments embodied in human persons?
A. Fixed capital B. Human capital C. Both A and B D. non of these
Index measuring deprivation in basic human development in a country ?
A. Human deprivation index B. Human poverty index C. Human development index D. None
Monopoly and oligopoly are the examples of___________________?
A. Perfect competition B. Imperfect competition C. Pure competition D. None
A demand curve shifts because of change is_____________________?
A. Consumer tastes B. Number of buyers in market C. Incomes D. All of these
Other thing remain the same as price rises, the corresponding quantity supplied rises, as price falls the quantity supplied falls is___________________?
A. Say’s law B. Keynes theory of supply C. Law of supply D. None
Determinant of supply is__________________?
A. Resource price B. Techniques of production C. Taxes a subsidies D. All
The intersection of the supply curve and demand curve indicates ?
A. Market equilibrium B. Market demand C. Market condition D. None
The coordinating mechanism of capitalism is a system of___________________?
A. Capital and laborers B. Competition C. Market and prices D. All