Capital deepening refers to _____.
Important Questions on Past Years Mcqs of LIC, IBPS and Other Exams
Which of the following will be the outcome, if an economy is under the inflationary pressure?
1. Domestic currency heads for depreciation.
2. Exports become less competitive with imports getting costlier.
3. Cost of borrowing decreases.
4. Bondholders get benefitted.
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Which of the following statements (s) are true concerning the concept of 'efficiency' as used in the mainstream:
1. Efficiency occurs when no possible reorganisation of production can make anyone better off without making someone else worse off.
2. An economy is inefficient if it is inside the production possibility frontier (PPF).
3. At a minimum, an efficient economy is on its Production Possibility Frontier (PPF).
4. The terms such as 'Pareto Efficiency', 'Pareto Optimality' and 'Allocative Efficiency' are essentially the same which denote 'efficiency in resource allocation'.
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Which of the following is/are the example (s) of Transfer Payment(s)?
1. Unemployment Allowance
2. Payment of salary
3. Social Security Payment
4. Old age Pension
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Which of the following statement(s) is/are false?
1. Wage Boards are tripartite, with representatives from workers, employers and independent.
2. Except for the wage Board for Journalists and Non- Journalists, all the other wage boards are statutory.
3. Second National Commission on Labour has recommended against the utility of wages boards.
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