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Economics Questions & Answers (Compiled from UPSC, SSC ,PSC ,IBPS previous question papers)

  • The Prisoner's Dilemma illustrates ?
     
  • AThe lack of co - operation among firms in a competitive market
  • BThe lack of co - operation among firms in a monopolistic market
  • CThe lack of co - operation between a monopoly and its customers
  • DWhy in an oligopoly market, co - operation is difficult to achieve even when it is mutually beneficial.
  • When the price lines are parallel it implies ?
  • AThe same commodity prices, but different amounts of money expenditure
  • BDifferent commodity prices, but same amount of money expenditure
  • CSame commodity prices and same amount of money expenditure
  • DDifferent amounts of commodity prices and different amounts of money expenditure.
  • RTGS stands for ----- 

  • AReal Time Gross Settlements
  • BReduced Time Gross Settlements
  • CRelative Time Gross Settlements
  • DReal Total Gross Securities
  • ENone of these