Social Science MCQ – 33
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Q.1: The law regarding ‘Supply creates its own demand’ is popularly known as?
- Say’s Law
- Greham’s Law
- Murphy’s Law
- Newton’s Law
Q.2: The least inflationary government’s investment expenditure is ?
- Taxation
- Deficit financing
- Foreign aid
- Public borrowing
Q.3: The Lespeyers index measures in the cost of purchasing of?
- Period/ quantities at period/ prices relative to base period prices
- Base period quantities at period/ prices relative to base period prices
- Base period quantities at base period prices
- Period/ quantities at period prices
Q.4: The major capital forming source in India has been?
- Public sector savings
- Government revenue surpluses
- Household savings
- Corporate savings
Q.5: The marginal productivity requires the assumption of competition as?
- Imperfect
- Elastic
- Perfect
- Monopolistic
Q.6: The method of sale in which there is verbal understanding between seller and buyer regarding transaction of farm produce is?
- Open auction
- Dara Sale
- Morghum Sale
- Hatha System
Q.7: The method of seggregating a large group into much smaller groups, in which a topic is discussed within a stipulated period of time is?
- Syndicate method
- In-basket exercise
- Fish bowl exercise
- Buzz session
Q.8: The most appropriate way to institutionalise ethics is?
- Code of ethics
- Using formally appointed ethics committee
- Management development programme
- All of the above
Q.9: The most suitable way for a bank with a view to avoid loss is ?
- Give only short-term loans
- Accept sound collateral
- Lend only to individuals known to the bank
- Lend only to bank’s old customers
Q.10: The objective of self-reliance and zero net foreign aid was declared in?
- Fourth 5-Yr Plan
- Third 5-Yr Plan
- Second 5-Yr Plan
- Fifth 5-Yr Plan
Social Science MCQ – 33
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