Economics – Fill in the Blank – GK Questions

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economics easy fill in the blank public finance upsc, ssc

GST is a ___ tax.

  1. indirect
  2. trust (or confidence / faith)
  3. final
  4. banks
economics medium fill in the blank banking upsc, ssc

Bank rate is for ___ term lending.

  1. long
  2. Refinery Products
  3. Net Factor Income from Abroad (NFIA)
  4. 1998
economics easy fill in the blank macroeconomics ssc, upsc

Deflation is a ___ in general price level.

  1. Pareto Efficiency (or Pareto Optimality)
  2. InvITs (or Infrastructure Investment Trusts)
  3. arbitrage (or resale)
  4. sustained decrease
economics hard fill in the blank macroeconomics upsc, ssc

Gresham's law: Bad money ___ good money.

  1. jobless growth
  2. Refinery Products
  3. quantitative
  4. drives out
economics medium fill in the blank macroeconomics banking, ssc

M1 = Currency + ___ + Other deposits.

  1. employment elasticity (or labor market)
  2. Demand deposits
  3. 112
  4. Peer (or P2P)
economics easy fill in the blank macroeconomics railway, ssc

Per capita income = National Income / ___.

  1. Population
  2. short
  3. less
  4. 3.5
economics medium fill in the blank macroeconomics upsc, ssc

Real GDP is adjusted for ___.

  1. open market borrowings (or debt / bonds)
  2. inflation
  3. countervailing
  4. PT (or PY)
economics easy fill in the blank macroeconomics upsc, ssc

NNP at factor cost is known as ___.

  1. below
  2. National Income
  3. collusion
  4. frictional
economics easy fill in the blank microeconomics banking, ssc

Total cost = Total fixed cost + ___.

  1. Foreign Currency Assets (FCA)
  2. Total variable cost
  3. 1998
  4. Okun's
economics hard fill in the blank microeconomics upsc, ssc

MRTS is the slope of ___.

  1. isoquant
  2. final
  3. interest
  4. NPCI (or National Payments Corporation of India)
economics medium fill in the blank microeconomics upsc, ssc

Law of variable proportions applies to ___ run.

  1. short
  2. drives out
  3. TRIMs (or Trade-Related Investment Measures)
  4. Treasury
economics medium fill in the blank microeconomics ssc, upsc

Cartel is a form of ___.

  1. India Debt Resolution Company Ltd (IDRCL)
  2. Countercyclical
  3. collusion
  4. arbitrage (or resale)
economics easy fill in the blank microeconomics ssc, railway

Duopoly has ___ sellers.

  1. two
  2. Diminishing Marginal
  3. middle-income (and creditworthy low-income)
  4. Refinery Products
economics medium fill in the blank microeconomics upsc, ssc

Unitary elasticity means total revenue remains ___.

  1. balance (or sum to zero)
  2. constant
  3. indifference
  4. Total variable cost
economics medium fill in the blank microeconomics upsc, ssc

Ordinal utility is associated with ___ curve.

  1. technological
  2. John Maynard Keynes
  3. Pareto Efficiency (or Pareto Optimality)
  4. indifference
economics medium fill in the blank microeconomics ssc, upsc

Income elasticity for inferior goods is ___.

  1. Total variable cost
  2. negative
  3. decrease (or reduce / lower)
  4. dumping