Tuesday, June 13, 2023

Economics One Liner Questions | One Liner Economics Questions | Economics GK | For All Exams (SSC, IB, DMRC, STATE EXAMS) Part - 2.

Latest Economics Questions | Economics Questions and Answers for SSC CGL 2023 & other Competitive Exams.


Hello Friends, We are sharing with you One Liners Economics Questions and Answers. This is very helpful for various competitive exams like SSC CGL, CHSL, MTS, RRB, DMRC, UPSC & other competitive exams. 

 

 

Economics Questions for SSC CGL 2023:

 

 

51. What is the market with large number of big firms –

      oligopoly

 

52. In which market conditions firms are dominant –

      monopolistic competition

 

53. When complete market conditions exist –

      when there are a large number of buyers and sellers.

 

54. Firms are often price takers under the –

      full competitive market

 

55. When a firm's equilibrium will be determined under full competition –

      Marginal power > Average cost

 

Physics One Liner Questions.

 

56. Who determines the equilibrium price in the market-

      Equality between marginal cost and marginal revenue.

 

57. Who supported the notion of division of labor-

      Smith

 

58. Don't take interest in building a privately-based structure because –

      it takes a long time to get its return.

 

59. Gold is mainly related to-

      international market

 

60. Which region pays the highest tax –

      industrial sector

 

61. Blue and White Revolution are associated with-

      Fishing and Dairy Industry

 

62. Who are the Golden Revolution related to –

      Horticulture and Beekeeping.

 

63. In economics, equilibrium means-

      equal balance

 

64. SEZ stands for-

      Special Economic Zone

 

65. An Information Technology Special Economic Zone Next Zone is being set up –

      in Panvel, Maharashtra

 

Polity One Liner Questions.

 

 

66. When there is a change in the price of a commodity, its demand does not change. What demand will it be called –

      completely inelastic

 

67. What happens when the productivity of labor increases –

      the labor demand curve shifts to the right.

 

68. What will happen to the tax rates during the time of inflation –

      increase

 

69. To what does marginal cost equal-

      change in total cost divided by volume variable

 

70. The need to generate demand-

      Income

 

71. According to the scale, the law of consideration is a notion of long-

      run production.

 

72. Internal rate of return –

      equals the present value of benefits equal to the present value of costs.

 

73. The incremental return rule means –

      loss of cost.

 

74. The third condition of the variable ratio rule is called –

      negative consideration.

 

75. If there is a proportional change in the product due to change in all the investments, then it becomes a matter related to –

      Fixed Return in Scale

 

History One Liner Questions.

 

 

76. According to RBI report on banking trends and progress, the percentage of non performing assets in Indian banks in India during the year 2008-09 was what in the year 2008 –

      2.3 percent

 

77. Moving along the supply curve is called ……-

      expansion and contraction in supply

 

78. When the demand curve does not shift –

      when only the prices of goods change.

 

79. Why need becomes a demand –

      the desire to buy

 

80. A general rule of demand is' quantity demanded increases –

      as price decreases

 

81. Which of the pairs of goods represents joint demand –

      computer and printer

 

82. Which economist believed that unemployment is impossible, and that market mechanisms have a built-in regulatory system to cope with any ups and downs –

     J.B. Seay

 

83. Who introduced the market rule-

      J.B. Seay

 

84. What is the demand for labor –

      derived demand

 

85. According to the demand curve of a commodity, the dynamics are due to the change in –

      Consumers' income

 

Economics One Liner Questions.

 

86. Those goods whose demand increases in the opposite direction of the income of the consumer, what is called-  

      Low-level goods

 

87. Human Poverty Index in HDR was launched in the year-

      1997.

 

88. Production function establishes relationship with-

      investment output.

 

89. A firm's …… relationship between the inputs used and the outputs produced by the firm is-

      the production function.

 

90. Who regulates and oversees the Indian stock market –

     SEBI

 

91. In the socialist economy, all the factors of production are owned and controlled by-

      the state.

 

92. Economic planning is an essential characteristic of-

      a socialist economy.

 

93. By whose contribution is the capital of the IMF –

      Member States

 

94. Under centralized planned economy .......... plans all the important activities of that economy-

      Government

 

95. How many C.P.S.E. in India Navratna companies-

      17

 

Biology One Liner Questions.

 

96. In the Indian economy, on what basis are sectors classified into public and private –

      ownership of enterprises

 

97. Who first estimated the national income in India –

      Dadabhai Naoroji

 

98. Who has eradicated rural poverty. Had supported the adoption of the model –

      A.P.J. Abdul kalam

 

99. Indian Economic Review ……… publishes-

      Ministry of Finance

 

100.In which year was the Planning Commission formed in Bharata-

      1950

  

Battles of Indian History .

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