The peak rate of the VAT is
A. 10%
B. 12.5%
C. 13.5%
D. 12.0%
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Cross elasticity of demand between petrol and automobiles is
A. Negative
B. Zero
C. Positive
D. Infinite
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Individuals do not have physical control of the product but they render personal services are known as
A. Brokers
B. Wholesalers
C. Commission agents
D. Speculated middle man
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IBRD is synonymous to
A. World Bank
B. Asian Development Bank
C. International Monetary Fund
D. None of these
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Least cost principle is used in
A. What to produce
B. How much to produce
C. How to produce
D. When to produce
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Consider the following data relating to a farm
Total assets = Rs. 3000
Working assets = Rs. 800
Current assets = Rs. 1500
Current liabilities = Rs. 200
Total liabilities = Rs. 900
The net capital ratio in this case would be
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The cost of production of the crop can be minimized by using economic principle
A. Cost principle
B. Law of opportunity cost
C. Law of diminishing
D. Principle of least cost combination
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Immaturing growth theory refers to a country
A. Grows rapidly with trade
B. Gains of growth are more than terms of trade
C. Terms of trade improve with economic growth
D. None of these
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Who was the first Indian Governor of the Reserve Bank of India?
A. C. D. Deshmukh
B. Sachindra Ray
C. S. Mukherjee
D. None of these
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New attribute theory of consumer's behaviour was given by
A. Lancasteir
B. Marshall
C. Lord Robbins
D. Jacob Vineir
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Total cost is equal to
A. fixed + variable cost × 100
B. fixed + variable cost
C. fixed - variable cost
D. 100 total fixed cost
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Rent theory of profit was given by
A. Hawley
B. Tanssig
C. C. P. Blacker
D. F. A. Walker
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Average propensity to consume will be constant in
A. Keyness theory
B. Modigliani
C. J. S. Duesenberry
D. None of these
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Farm management is an
A. Intra farm science
B. Inter farm science
C. Inter regional farm science
D. International farm science
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The term 'oligopoly' means
A. There are two or more sellers of a commodity
B. There are only single seller of a commodity
C. There are two or more buyers
D. None of the above
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Total literacy rate in Rajasthan is
A. 60.03%
B. 61.03%
C. 63.53%
D. 77.03%
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According to law of diminishing return the optimum profit will be at the point where
A. MP > AP
B. AP > MP
C. MP = AP
D. MC = MP
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Which of the following is not a nationalised bank?
A. Indian Bank
B. Bank of India
C. Bank of Rajasthan
D. Union Bank of India
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Sex ratio of India's population is
A. 933 female per/1000 males
B. 927 female per/1000 males
C. 918 female per/1000 males
D. 935 female per/1000 males
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Which of the following is direct tax?
A. Income tax
B. Corporate tax
C. Sale tax
D. None of these
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