Quasif Ansari Solutions for Chapter: Economy, Exercise 1: Exercise 1

Author:Quasif Ansari

Quasif Ansari General Knowledge and General Awareness Solutions for Exercise - Quasif Ansari Solutions for Chapter: Economy, Exercise 1: Exercise 1

Attempt the free practice questions on Chapter 6: Economy, Exercise 1: Exercise 1 with hints and solutions to strengthen your understanding. Embibe General Knowledge & General Awareness solutions are prepared by Experienced Embibe Experts.

Questions from Quasif Ansari Solutions for Chapter: Economy, Exercise 1: Exercise 1 with Hints & Solutions

EASY
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IMPORTANT

A consumer spends his income according to the law of_____.

MEDIUM
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IMPORTANT

The sale proceeds of the Government Bonds come under the budget head of -

EASY
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IMPORTANT

The term utility means_____.

MEDIUM
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Under the flexible exchange rate system, the exchange rate is determined by-

MEDIUM
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The term ‘Laissez Faire' generally applies to -

EASY
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If the percentage change in demand for a commodity is at a faster rate than the percentage change in the price of the commodity then the demand is-

EASY
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IMPORTANT

The concept of a mixed economy means?

EASY
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IMPORTANT

What is ‘Hawala’?