Important One Liner Economics 500 Question – Gk By Mr. DJ
226.Which government measures to curb inflation – deficit financing, increase in production, taxation measures
227.If two items are complementary, then their cross price is the elasticity – negative.
228.The term Toikonomiya means – Domestic Management
229.The value of investment multiplier is related to- the change in income due to change in autonomous investment.
230.Net national product of a country is – gross national product minus depreciation allowance.
231.When average cost of production decreases, then marginal cost of production – less than average cost.
232.The process of curbing inflation by reducing money supply is called – Diffusion
233.In which year was the Kisan Credit Card Scheme introduced – 1998
234.The poor save more than the rich – a relatively small portion of their income
235.In whose case the Green Revolution was most successful in India – Wheat
236.Who has to pass registration to scheduled banks- Reserve Bank of India
237.Whose major contribution in revenue of Indian Railways- Freight Traffic Income
238.Who is not considered as National Debt – Life Insurance Policies
239.Disinvestment happens – selling government shares to private companies
240.The complete form of the SRD is- special drawing rights.
241.Refrigerators working in a chemist’s shop are an example of a- consumer’s goods.
242.…………….. is defined as the variable input per unit – the average product
243.Which is the oldest Mazdoor Sangh organization in India- All India Mazdoor Sangh Congress
244.Secondary sector of an economy refers to- the construction sector
245.According to Karl Marx, what changes are inevitable as a result of changes in the economy.
246.How far is the exclusive economic zone of a country from its coast – 320 km.
247.Which company has become the highest ranked Indian company in the Fortune Global 500 list in terms of sales – Indian Oil Corporation
248.When was the oilseed production program started – 1990
249.Which item is the main item of Indian export- Clothing
250.Small farmers are defined in the country as those farmers with holding area – one to two hectares
Polity 500 One Liner Questions And Answers