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Objective Questions
GK
GK Set-1
Economics
Indian Economics
235

Indian Economics MCQ (GK Set-1) with Answers

235) According to Ragner Nurkse in the contest of an underdeveloped economy, the inducement to invest is limited by

Lack of saving

The policy of the Government

Lack of investment oppor tunities

The size of the market

Answer is:

Lack of saving

Indian Economics MCQ (GK Set-1) with Answers

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Related Indian Economics MCQ (GK Set-1) with Answers

236) Inflationary gap measures the excess of aggregate expenditure over the aggregate supply at

Before full employment

At full employment

Beyond full employment

Both (A) and (B) above

Answer is:

Beyond full employment

237) Determinant of the maximum profit for a firm is

Price

Average cost

Both average cost and price

The output level

Answer is:

Both average cost and price

238) The theory of big-push was propounded by

R. Rodan

A. O. Hirschman

R. Nurkse

W. A. Lewis

Answer is:

R. Rodan

239) The ’Balanced Growth Theory’ is associated with

W. A. Lewis

Rostow

Streeton

R. Nurkse

Answer is:

R. Nurkse

Indian Economics MCQ (GK Set-1) with Answers

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