GATE (Graduate Aptitude Test in Engineering) Economics (XH-C1): Questions 1158 - 1161 of 1877

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Question 1158

Appeared in Year: 2016

Question MCQ▾

Which of the following duties is not performed by the Comptroller and Auditor General of India?

Choices

Choice (4)Response

a.

To control the receipt and issue of public Money

b.

To audit and report on all trading manufacturing and profit & loss accounts

c.

To audit and report on all expenditure from the consolidated fund of India.

d.

To audit and report on all expenditure form the Contingency Funds & Public Accounts

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Question 1159

Appeared in Year: 2016

Question MCQ▾

The three main features of the capitalist economies are:

Choices

Choice (4)Response

a.

Patents, Profit and Property rights

b.

Prices, Profit and Property rights

c.

Prices, Profits and Patents

d.

Prices, Patents and Property rights

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Question 1160

Appeared in Year: 2019

Question MCQ▾

Under which system the central bank is authorised by law to issue a fixed amount of notes against government securities and any excess is to be fully backed by gold/silver? (June)

Choices

Choice (4)Response

a.

Maximum fiduciary system

b.

Maximum and minimum fiduciary system

c.

Fixed fiduciary system

d.

Minimum reserve system

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Question 1161

Appeared in Year: 2016

Question MCQ▾

Which of the following is the correct formula for measuring income elasticity of demand?

Choices

Choice (4)Response

a.

b.

c.

d.

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