Money Market and Capital Market in India — Economics STD 12 Commerce / Arts — Question

Classification of markets on the basis of place
a) Local market, National market, International market
b) Very short period market, Local market, National market.
c) Short period market, National market, International market.
d) Local market, National market, Short period market.

According to Walter Krause definition of Balance of Payment, value of exchange of goods and services is considered among –
(a) the citizens and businessmen
(b) the firms
(c) the government
(d) none of these

Trends shown by Public expenditure of any Government shows following trend.
a) Constant
b) Increasing
c) Decreasing
d) Fluctuating

Demand for school uniform is……………..

Types of imperfect market are –
(a) Monopoly
(b) Oligopoly
(c) Monopolistic Competition
(d) Perfect Competition

Bank rate is ………….. measure of credit control.

According to National Income Committee, NI is ………………….
(a) volume of goods and services
(b) produce in one year
(c) goods and services counted without duplication
(d) all of these

In case of inferior goods the income elasticity of demand is ………………..

Scope of Micro economics.
(a) Theory of factor pricing
(b) Theory of general price level
(c) Theory of product pricing
(d) Theory of economic welfare

National income is a …………… concept