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CBSE

Subject

Economics

Multiple Choice Questions

11.  

What situation would result if Government expenditure exceeds the Government revenue on Current Account?



    12.  

    If Reserve Bank of India reduces the cash reserve ratio, it will



      13.  

      If the tax rate increases with the higher level of income, it shall be called



        14.  

        For a price-taking firm, average revenue is ................ market price.



          15.  

          When the demand for a good increases with an increase in income, such a good is called ..........



            16.  

            In which market form, a market or industry is dominated by a few firms?



              17.  

              What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?



                18.  

                A unitary form of government is that in which all the powers are concentrated in the hands of



                  19.  

                  What is included in the Tertiary sector?



                    20.  

                    Social accounting system in India classified into



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