Best Economics for Bank PO Online Test

Which of the following is/are correct in respect of opportunity cost theory?

1. A straight line production possibility curve indicates constant opportunity cost.

2; The production possibility curve under increasing cost would be concave to the origin.

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Which curve shows that how much of its import commodity is required by a nation in exchange for various quantities of its export commodity?


Which one of the following is not the Canon of taxation as stated by Adam Smith?


According to Cohn Clark, what is taxable capacity?


The concept of optional taxation, based on whatever criteria, has to. cover decision-making at which of the following levels?

1. The aggregate amount of taxations and its division between direct and indirect taxations.

2. The composition and rate schedules of direct and indirect taxes.

3. The composition and revenue schedules of indirect taxes.

4. The composition and revenue schedules of direct taxes.

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In which one of the following groups of taxes, do impact and incidence of tax coincide?


Which one of the following statements is coned?

Zero-base budgeting implies that


As compared to traditional budgeting, in case of Performance and Programme Budgeting System (PPBS), which one of the following statements is correct?


which one of the following statements is correct?

According to Peacock and Wiseman, public expenditure grows


Which one of the following is not a component of demand-pull inflation?


Suppose, due to an open market purchase of government securities, reserves in the commercial banks increase by Rs. 1,000. If the reserve ratio is 20 percent, what will be the increase in money supply?


Consider the following statements

1. Bond price and interest rate are positively related.

2. Bond price and interest rate are negatively related.

3. Credit creation varies directly with Cash Reserve Ratio (CER).

4. Credit creation varies inversely with Cash Reserve Ratio (CRR).

Which of the statements given above are correct?


what is the empirically fitted relationship between the rate of change of money wages and rate of unemployment, known as?


In the simplified version of Friedman’s quantity theory of money, velocity of circulation of money depends on which of the following?













































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Indirani

I WANT some basic ecnomics detalis then economics concept

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SANJAY CHAMOLI
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