In a developing economy, by removing all obstacles, the plan that seeks to achieve increased income and employment is called ?
 a) Manpower planning
 b) Block level planning
 c) Structural planning
 d) Development planning

Manpower planning

The principle of population was propounded by ?
 a) Gardener
 b) Malthus
 c) Darwin
 d) Odum

Malthus

The Liquidity Preference Theory of Interest was propounded by ?
 a) David Ricardo
 b) Alfred Marshall
 c) Adam Smith
 d) J.M. Keynes

J.M. Keynes

Stock Exchange is a ?
 a) Primary Market
 b) Secondary Market
 c) Commodity Market
 d) None of these

Secondary Market

Which country decided to launch the crypto-currency called 'Petro' ?
 a) Egypt
 b) Brazil
 c) Saudi Arabia
 d) Venezuala

Venezuala

Nobel Prize for Economics was instituted in the year ?
 a) 1969
 b) 1979
 c) 1907
 d) 1941

1969

'Global Financial Stability Report' is prepared by the ?
 a) International Monetary Fund
 b) European Cenrtral Bank
 c) International Bank for Reconstruction and Development
 d) Organisation for Economic Cooperation and Development

International Monetary Fund

The term ‘Hindu Growth Rate’ was coined by ?
 a) V.N.Gadgil
 b) Raj Krishna
 c) Mahalanobis
 d) K.N.Raj

Raj Krishna

Globalization is a process among the countries that allows the free flow of goods and services and ?
 a) Labour
 b) Technology
 c) Investment
 d) All of the above

All of the above

The economy in which the economic planning intends to allocate and utilize resources is known as ?
 a) Closed economy
 b) Mixed economy
 c) Socialist economy
 d) Dual economy

Socialist economy

Who is the father of economics ?
 a) Lionel Robins
 b) Dadabhai Naoroji
 c) Alfred Marshall
 d) Adam Smith

Adam Smith

Which of the following is a financial asset ?
 a) Shares in a demat account
 b) Gold
 c) Land & Buildings
 d) Machinery

Shares in a demat account

Economic profit or normal profit is the same as ?
 a) net profit
 b) maximum profit
 c) optimum profit
 d) accounting profit

net profit

Name the Bangladeshi Economist who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance ?
 a) Shaukat Tarin
 b) Muhammad Yunus
 c) Khurshid Ahmad
 d) Mahbub ul Haq

Muhammad Yunus

From the national point of view which one of the following indicates Micro approach ?
 a) Inflation in India
 b) Educated Unemployment in India
 c) Study of sales of TISCO
 d) Per capita income in India

Study of sales of TISCO

Gold Bullion Standard refers to ?
 a) free coinage of gold
 b) gold as the measure of value
 c) gold coin as an unlimited legal tender
 d) no restriction on import and export of gold

gold as the measure of value

In an ER Diagram, key is represented by ?
 a) Hexagon
 b) Circle
 c) Line
 d) Underlining a field inside ellipse

underlining a field inside ellipse

Who is the author of the book 'The Accumulation of Capital' ?
 a) Rosa Luxemburg
 b) Muhammad Yunus
 c) Milton Friedman
 d) J M Keynes

Rosa Luxemburg

In a developing economy, the higher rate of expansion of currency with the public and reserves as compared to that in deposits, leads to a decrease in the ?
 a) Liquidity
 b) Money multiplier
 c) Money transactions
 d) Rate of interest

Money multiplier

'Functional Finance' is associated with ?
 a) Adam Smith
 b) Adolph Wogner
 c) Abba P Lerner
 d) Adams

Abba P Lerner