Question
| Group ‘A’ | Group ‘B’ |
| (1) Individual demand | Particular consumer |
| (2) Complementary demand | Pen – Ink |
| (3) Competitive demand | Milk – Sugar |
| (4) Indirect demand | Labour |
| Group ‘A’ | Group ‘B’ |
| (1) Individual demand | Particular consumer |
| (2) Complementary demand | Pen – Ink |
| (3) Competitive demand | Milk – Sugar |
| (4) Indirect demand | Labour |
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| Group ‘A’ | Group ‘B’ |
| (1) Expansion of demand | Other factors remaining constant |
| (2) Law of demand | Slopes downwards from left to right |
| (3) Market demand | Demand of all consumers |
| (4) Direct demand | Factors of production |
| Group ‘A’ | Group ‘B’ |
| 1. Extension in supply | More supply at higher price |
| 2. Contraction in supply | Less supply at lower price |
| 3. Increases in supply | Part of variation in supply |
| Group ‘A’ | Group ‘B’ |
| 1. Direct Tax | (a) Wealth tax |
| 2. Hugh Dalton | (b) Definition of public finance |
| 3. GST | (c) Non-tax revenue |
| 4. External Debt | (d) Foreign Government |
| Group ‘A’ | Group ‘B’ |
| 1. Primary goods | Jute, cotton, tea |
| 2. Invisible goods | Cloth, medicine, car |
| 3. Capital goods | Machinery, technology, steel |
| Group ‘A’ | Group ‘B’ |
| 1. Encourage investment | Foreign trade |
| 2. To earn foreign exchange | Internal trade |
| 3. International trade | Multiple choices of imported goods |
| Group ‘A’ | Group ‘B’ |
| (1) Sir Robert Giffen | England |
| (2) Increase in real income | Decrease in demand |
| (3) Inferior goods | Bread |
| (4) Superior goods | Meat |
| Group ‘A’ | Group ‘B’ |
| (1)Macro | Individual unit |
| (2) Factor pricing | Rent, wages, interest and profit |
| (3) Ceteris paribus | Other things being constant |
| (4) Micro | Price theory |
| Group ‘A’ | Group ‘B’ |
| 1. Prof. Marshall | Law of DMU |
| 2. Total utility | Utility from last unit |
| 3. Cardinal measurement | Assumption of law of DMU |
| 4. Service utility | Knowledge by teacher |
| Group ‘A’ | Group ‘B’ |
| 1. Central Bank | Apex Banking Institution |
| 2. Clearing House system | Specialised institution for agriculture |
| 3. Credit Control | Quantitative measure |
| 4. Money Market | Short term fund |
| Group‘A | Group ‘B’ |
| 1. Internal trade | Between two or more countries |
| 2. Oceanic trade | Trade by sea |
| 3. Export trade | Sale of goods by one country to another country |