EASY
Earn 100

The demand for a factor production is said to be derived demand because

It is function of the profitability of an enterprise

It depends on the supply of complementary factors

It stems from the demand for the final product

It arises out of means being scarce in relation to wants

Which of the above reasons is/are correct?

50% studentsanswered this correctly

Important Questions on Indian Economy

HARD
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
GST is NOT applicable on which of the following goods or services?
MEDIUM
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Elasticity of demand of luxury goods is: 
MEDIUM
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
In 2018 National Bank for Agriculture and Rural Development (NABARD) began its first centre for climate change. In which city was it started? 
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Which union minister has launched the 'PowerTex India scheme' to boost the power loom sector?
MEDIUM
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Economic growth is usually coupled with _____. 
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Monopoly refers to _____.
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Disguised unemployment is prominently found in:
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
In the Constitution of lndia, the budget is known as _____.
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
In which kind of wants, both parties have agreed to sell and buy each other commodities? 
MEDIUM
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Which of the following income will not be included in national income calculation?
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
In the constitution of India, the budget is known as:
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts

In the Indian economy, agriculture is placed under which sector?

MEDIUM
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Monopoly refers to _____.
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
A portion of an individual's total income is spent on consumption; the remaining part is called:
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts

A portion of an individual's total income is spent on consumption. The remaining part is called _____.

EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Lira was the currency of which country?
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Liquidity preference theory of interest is propounded by:
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
Which of the following which one is non-contractual earning?
MEDIUM
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
The agricultural price support program is an example of ______.
EASY
General Studies>Economy>Indian Economy>Basic Economics Terms and Concepts
PAN is associated with income tax. What is the full form of PAN?