1. 2 1. Integrated child development services (ICDS),
launched in 1975 in India, is a scheme implemented by
a)
The ministry of education
b)
The ministry of HRD
c)
The ministry of finance
d)
The ministry of woman and child welfare.
22.
The industrial polity, 1991 was criticized on a
number of p joints. Which of the following was not one of them?
a)
Erratic industrial growth
b)
The real from foreign competition
c)
Neglect of agriculture sector
d)
Misplaced faith in foreign investment.
23.
Rangarajan committee on disinvestment of shares
was appointed by the government of India in
a)
1991
b)
1993
c)
1999
d)
2004
24.
Which one of the following does not mainly form
a part of tax revenue of state governments in India?
a)
Land revenue
b)
Registration free
c)
Customs duty
d)
Commercial tax
25.
Which among g the following is / are correct
about participatory notes or notes?
a)
They are derivative instruments.
b)
They are used by foreign institutional investors
(Flls) who are not registered with SEBI
c)
They are used on Indian shares but at a location
outside India
d)
All of the above
26.
In a perfectly competitive economy production
and consumption will both be pare to optimal, if the economy operates at a
point where.
a)
There is general equipri7um
b)
Output levels are below equilibrium
c)
Output levels are above equilibrium
d)
Consumption is less than output
27.
The average fixed cost curve will always be
a)
A rectangular hyperbola
b)
A downward sloping convex to the origin curve
c)
A downward sloping straight line
d)
A U –shaped curve.
28.
The income elasticity of demand for inferior
goods is
a)
Less than one
b)
Less than zero
c)
Equal to one
d)
Greater than one.
29.
‘marginal cost’ equals
a)
Total cost divided by quantity
b)
The change in total cost divided by the change
in quantity
c)
Total cost minus total benefit for the last unit
produced
d)
Total cost divided by total benefit for the last
unit produced.
30.
Extreme forms of markets are
a)
Perfect competition; monopoly
b)
Perfect competition; monopolistic competition
c)
Perfect
competition; oligopoly
d)
Oligopoly; monopoly
ANSWERS
21.D
22.C
23.B
24.C
25.D
26.B
27.C
28.B
29.C
30.A