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Objective Questions
GK
GK Set-1
Economics
Indian Economics
239

Indian Economics MCQ (GK Set-1) with Answers

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

240) If prices rise, the direct real burden of public debt will

Also increase

Fall

Remain unchanged

Be uncertain

Answer is:

Fall

241) When current income of the Government is less than its current expenditure, it is known As

Budget deficit

Fiscal Deficit

Revenue deficit

Primary Deficit

Answer is:

Budget deficit

242) If income elasticity of demand is high

Tax rates should be decreased

Tax rates should be increased

Tax should not be imposed

None of the above

Answer is:

Tax rates should be increased

243) Which Economist first suggested imposition of Expenditure tax?

J. Hicks .

Dalton

N. Kaldor

Musgrave

Answer is:

N. Kaldor

Indian Economics MCQ (GK Set-1) with Answers

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