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

Demand for Medicine is ……………

The law of demand was introduced by neo-classical economist.
(a) Alfred Marshall
(b) Adam Smith
(c) Ragnar Frisch
(d) Samuelson

Examples of discriminating monopoly are –
(a) Doctors
(b) Lawyers
(c) Consultants
(d) All of the above

The demand curve slopes downward.
(a) Inverse relationship between price quantity demanded
(b) from left to right
(c) from right to left
(d) Direct relationship quantity demanded

Individual demand.
(a) Micro economics
(b) Slicing method
(c) Lumping method
(d) Study of individual unit

National Income is the subject matter of ……………… economics.
(a) Micro
(b) Marco
(c) Managerial
(d) Business

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.

Blood donation is an example of –
(a) place utility
(b) knowledge utility
(c) service utility
(d) form utility

There are many practical difficulties in the measurement of NI like –
(a) problem of double counting
(b) existence of non-monetize sector
(c) inadequate and unreliable data
(d) none of these

Variation in Demand.
(a) Change in Price
(b) Change in quantity demanded
(c) Change in other factors
(d) No change in other factors