Q. Given the money wages, if the price level in an economy increases, then the real wages will—
1) Increase
2) Decrease
3) Remain constant
4) Become flexible
Q. The World Trade Organisation (WTO) was earlier known as—
1) GATT
2) UNICEF
3) UNCTAD
4) FAO
Q. A firm is in equilibrium when its—
1) Marginal cost equals the marginal revenue
2) Total cost is minimum
3) Total revenue is maximum
4) Average revenue and marginal revenue are equal
Q. In the law of demand, the statement ‘other things remain constant’ means—
1) Income of consumer should not change
2) Prices of other goods should not change
3) Taste of consumer should not change
4) All of the above
Q. Special Economic Zones are being set up in—
1) Agra, Kanpur and Modinagar
2) Agra, Kanpur and Greater Noida
3) Meerut, Moradabad, Kanpur and Noida
4) Moradabad, Kanpur, Noida and Greater Noida
Q. Select the one which is not the responsibility of Gram Sabha under the Rural Employment Guarantee Act, 2005
1) To recommend projects to the Gram Panchayat and prepare list of possible works
2) To receive applications for work and issue a dated receipt
3) To monitor the execution of works within the Gram Panchayat
4) To conduct regular social audits of all the projects taken up with in the Gram Panchayat
Q. A labour intensive industry is one that—
1) Requires hard manual labour
2) Pays adequate wages to the labour
3) Employs more hands
4) Provides facilities to labour
Q. Invisible export means export of—
1) Services
2) Prohibited goods
3) Unrecorded goods
4) Goods through smuggling
Q. Which among the following targets for 11th Plan (2007-12) is incorrect?
1) Double per capita income by 2016-17
2) GDP growth rate to be increased to 10 percent
3) Farm sector growth to be increased to 6 percent
4) Literacy rate to be increased to 80%
Q. Dabhol Power Project had been restarted on November 1, 2006 after a gap of about-
1) Four month
2) Six month
3) One year
4) Two Years
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