Classic Jhumka Earrings Silver INR 113.00 Free Shipping Buy Now
Black Jhumka Earrings & Studs INR 94.00 Free Shipping Buy Now
Classic Jhumka Earrings Silver INR 207.00 Free Shipping Buy Now
Beautiful stud earing INR 93.00 Free Shipping Buy Now
Different Size Hoop and Stud Earrings Set INR 243.00 Free Shipping Buy Now
Golden Hoop Earing INR 70.00 Free Shipping Buy Now
Home Questions & Answers Economics Questions

Economics Questions & Answers (Compiled from previous question papers)

Latest Economics Questions & Answers

  • Why would a country want to increase its GDP?

  • ASo that its citizens can be more frivolous with their money
  • BSo that the standard of living will increase in the country
  • CSo that the poor can replace the rich in the country
  • DSo that they can get a better report card grade
  • What are the four types of economies?

  • Amixed, command, autocratic, and market
  • Bdemocratic, autocratic, republican, and oligarchic
  • Ccommand, traditional, mixed, and market
  • Dmichelin, market, mixed, oligarchic
  • List the four factors that influence economic growth:

  • ANatural resources, human capital, capital good acquirement, and entrepreneurship
  • BNatural resources, capital good gains, human capital, and many jobs
  • CWorking, buying, selling, and creating
  • DNatural resources, buying goods, selling goods, and human capital investment
  • What are natural resources?

  • AThings found in nature such as timber, iron ore, and oil.
  • BThings found in my natural living enviornment.
  • CThings found underneath my bed and in the sofa cushions.
  • DThings found in the grocery store aisles.
  • What does GDP stand for?

  • AGross Dinosaur Paleontology
  • BGross Domestic Penguins
  • CGross Dragons Percentages
  • DGross Domestic Product
  • What is an entrepreneur?

  • Aa person that opens their own business
  • Ba buyer and a seller
  • Ca worker that earns employee of the month
  • Done that employees volunteers that create nothing
  • What is an economy?

  • AThe way people spend money in a civilization.
  • BThe way people make and spend money.
  • CThe way people become educated and skilled in a school
  • DThe way people dance with their hands in the air and wave them like they just don't care.
  • What do you invest in when you invest in human capital?

  • Ainvestment in reforesting the Amazon for animals to have homes
  • Binvestment in social media to teach kids on a platform they prefer
  • Cinvestment in the education, health, and skill development of people
  • Dinvestment in the local school building so students can have superior buildings
  • Fixed and Recurring Deposits?

  • Aestion Add Direction Title
  • Bare refundable after the agreed period
  • CRepayable after death of depositors
  • Drefundable on demand
  • Name the bank in which electoral bonds are bought.

  • AState Bank of India
  • Explanation:

    Electoral bonds for political funding can be purchased from SBI for 10 days in January, April, July and October and will be available in multiples of Rs1,000, Rs10,000, Rs1 lakh, Rs10 lakh and Rs1 crore .