Which is the other name that is given to the average revenue curve?

Profit curve
Demand curve
Average cost curve
Indifference curve

Which year is known as ‘year of great divide’ for India’s population?

1921
1951
1991
1981

In which state or union territory is the literacy rate highest in the country?

Delhi
Chandigarh
Karnataka
Kerala

What is India’s world rank in population?

First
Second
Third
Fourth

Which of the following is incorrect?

GDP at market price = GDP at factor cost plus net indirect taxes
NNP at factor cost = NNP at market prices minus net indirect taxes
GNP at market prices = GDP at market prices plus net factor income from abroad
None of the above

The net value added method of measuring national income is also known as:

net output method
production method
industry of origin method
all the above

Net National Product at factor cost is:

equal to national income
more than national income
less than national income
always more than the gross national product

Transfer payments refer to payment which are made:

without any exchange of goods and services
to workers on transfer from one job to another
as compensation to employees
none of the above

Demand for intermediate consumption arises in:

household consumers
government enterprises only
corporate enterprises only
all producing sectors of the economy

Which of the following statement is correct ?

Income tax was abolished in India in 1991
Gift tax abolished in India in 1998
Except for Punjab, all the States have adopted VAT
Estate duty was abolished in 1995

UnAttempted

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Wrong

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Correct

UnAttempted

Wrong