Principles Of Economics And Management (3140709) MCQs

MCQs of Basic Economic Problems

Showing 31 to 34 out of 34 Questions
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31.
Which is a fiscal measure to reduce inflation?
(a) Credit Control
(b) Tex incentives on savings and investments
(c) Increase in Bank Rate
(d) Increase in CRR
Answer:

Option (b)

32.
Poverty in less developed countries is large because of _________.
(a) Lack of Intelligence of the people
(b) Lack of cultural activities
(c) Income inequality
(d) Voluntary idleness
Answer:

Option (c)

33.
Among the following the eligible beneficiary of the “Mahatma Gandhi National Rural Employment Guarantee Act” are:
(a) Adult members of any household
(b) Adult members of households of all backward communities
(c) Adult members of below poverty line (BPL) households
(d) Adult members of only the scheduled caste and scheduled tribe households
Answer:

Option (a)

34.
Relative poverty refers to a situation where :
(a) a person falls behind others
(b) a person is unable to obtain the necessaries for life
(c) a person is below poverty line
(d) a person is poorer than another in the developed World
Answer:

Option (a)

Showing 31 to 34 out of 34 Questions
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