List of top Economics Questions

What are the functions of the environment?
(A) Supplies both renewable and non-renewable resources.
(B) Assimilates waste.
(C) Sustains life by providing genetic and bio diversity.
(D) Provides aesthetic services like scenery etc.
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Pakistan announced its first five year plan in year ______.
Match List-I with List-II
{|l|l|} List-I & List-II
(A) Union Ministry of Labour & (I) Casual wage labourers
(B) Construction workers & (II) Collection of formal sector employment data.
(C) MNREGA & (III) Rural employment
(D) Association of TANWA & (IV) Women workers.
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Arrange the following country in higest to lowest rank in human development index, 2017-2019.
(A) USA
(B) China
(C) India
(D) Pakistan
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Which country has followed the classical development pattern of gradual shift from agriculture to manufacturing and then to services?
Arrange the following in chronological order (oldest to latest).
(A) The Tapas Majumdar Committee.
(B) The (Kothari) Education Commission.
(C) The latest National Education Policy.
(D) The Right of Children to Free and Compulsory Education Act.
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Match List-I with List-II
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Arrange the following events in chronological order.
(A) New Economic Policy.
(B) Second Five Year Plan.
(C) Planning Commission.
(D) Green Revolution.
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When was India's first official census operation undertaken?
Select the correct statements in the context of reform policies in the industrial sector under New Economic Policy.
(A) Industrial licensing was abolished.
(B) The private sector was allowed in many industries.
(C) Many goods produced by small-scale industries have now been dereserved.
(D) Controls on price fixation and distribution of all industrial products by the government.
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A current account of any economy is in deficit when?
Foreign trade influences the economy's aggregate demand in which of the two ways?
Arrange the following statements depicting the impact of an increase in demand for imports on the foreign exchange market.
(A) Demand for foreign goods and services increases.
(B) Shift in demand curve towards right.
(C) Depreciation of domestic currency in terms of foreign currency.
(D) Increase in exchange rate.
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A system in which the central bank allows the exchange rate to be determined by market forces but intervene at times to influence the rate.
Match List-I with List-II
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Calculate the change in the value of equilibrium income when the government increases spending by 100 at a given marginal propensity to consume 0.8.
Select the correct statements in the context of public goods.
(A) Collectively consumed.
(B) may be produced by government or private sector
(C) Non-rivalrous.
(D) Non-excludable.
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Which one of the following functions is NOT the objective of government budget.
If the equilibrium level of output is less than the full employment of output, this situation is called the situation of
The function of the investment multiplier of the economy is denoted as:
An increase (decrease) in autonomous spending causes aggregate output of final goods to increase (decrease) by a larger amount due to ________.
What is the new equilibrium income when the investment rises from 10 to 20 at a given consumption function:
\(C = 40 + 0.8Y\)
Match List-I with List-II
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If the bank is only expected to keep 50 percent of its deposits as reserves. What is the value of a money multiplier?
Select the correct statement in the context of consumption as a component of the aggregate demand.
(A) Ex ante is the planned value of a variable as opposed to its actual value.
(B) Ex post is the actual or realised value of a variable as opposed to its planned value.
(C) Consumption changes at a constant rate the changes in income.
(D) A consumption function describes the relation between consumption and income.
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