HARD
NRA CET - Graduate Level
IMPORTANT
Earn 100

The size of the market for a product refers to: 

(A) The number of people in the given area
(B) The geographical area served by the producers
(C) The volume of potential sales of the product
(D) The number of potential buyers of the product 

50% studentsanswered this correctly

Important Questions on Economics

EASY
NRA CET - Graduate Level
IMPORTANT

According to the figures released by the Reserve Bank of India, on February 8, 2019 India's foreign exchange reserves were amounted to:

MEDIUM
NRA CET - Graduate Level
IMPORTANT

If the percentage change in demand for a commodity is at a faster rate than the percentage change in the price of the commodity, then the demand is _______.
(A) Perfectly inelastic
(B) Elastic
(C) Perfectly elastic
(D) Inelastic

MEDIUM
NRA CET - Graduate Level
IMPORTANT

National Agricultural Insurance Scheme was started in India in the year: 

(A) 1997-98

(B) 2000-01

(C) 1999-2000

(D) 2002-03

HARD
NRA CET - Graduate Level
IMPORTANT

The demand for money, according to Keynes, is for _____.

(A) Speculative motive

(B) Transaction motive

(C) Precautionary motive

(D) All the above motives

MEDIUM
NRA CET - Graduate Level
IMPORTANT

The Reserve Bank of India issues currency notes under the _____.

(A) Fixed fiduciary system

(B) Maximum fiduciary system

(C) Fixed minimum reserve system

(D) Proportional reserve system

EASY
NRA CET - Graduate Level
IMPORTANT

The fastest-growing state in terms of Gross State Domestic Products (GSDP) in 2015-16 is _____.

(A) Uttar Pradesh

(B) Andhra Pradesh

(C) Tamil Nadu

(D) Madhya Pradesh

EASY
NRA CET - Graduate Level
IMPORTANT

At present (Febraury 7, 2019), what is the Cash Reserve Ratio (CRR)?

(A) 4.00%

(B) 5.50%

(C) 4.50%

(D) 3.50%

EASY
NRA CET - Graduate Level
IMPORTANT

The 'Smart City Mission' is being implemented by ____.

(A) Ministry of HRD

(B) Ministry of Urban Development

(C) Ministry of Housing and Urban Poverty Alleviation

(D) Ministry of Statistic and Programmes implementation