Economics-Indian Economics (NTSE Stage-1 (State-Level) Scholastic-Aptitude & Language Comprehension): Questions 6 - 11 of 25
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Question number: 6
» Economics » Indian Economics
Question
Unemployment occurs when people
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | are working in a lazy manner |
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| b. | are not paid for their work |
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| c. | do not want to work |
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| d. | are working less than what they are capable of doing |
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Question number: 7
» Economics » Indian Economics
Question
Per capita income is calculated in which of the following currency?
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | Dollars |
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| b. | Euro |
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| c. | Pond |
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| d. | Currency of country |
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Question number: 8
» Economics » Indian Economics
Question
The banks use the major portion of the deposits to
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | increase their capital wealth |
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| b. | to help the government by giving it to the government |
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| c. | to extend loans |
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| d. | All of the above |
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Question number: 9
» Economics » Indian Economics
Question
Consider the following statements.
I. Cheque is a paper instructing the bank to pay a specific amount from the persons account to the person whose name the cheque has been issued.
II. The facility of cheque makes it possible to directly settle payments without the use of cash.
III. They constitute money in the modern economy.
Which of the above statements is/are true about the cheque?
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | I and III |
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| b. | Only II |
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| c. | Only I |
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| d. | All a. , b. and c. are correct |
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Question number: 10
» Economics » Indian Economics
Question
Which sector has maximum contribution in India’s GDP?
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | Services |
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| b. | Manufacturing |
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| c. | Industries |
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| d. | Agriculture |
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Question number: 11
» Economics » Indian Economics
Question
The per capita income is calculated in dollars for all countries because
Choices
| Choice (4) | Response | |
|---|---|---|
| a. | dollar is the currency of maximum countries |
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| b. | dollar is widely accepted currency |
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| c. | to make comparison easier |
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| d. | None of the above |
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