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What are the different types of economic activities?
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Important Questions on Business,Trade and Commerce
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Which industry was NOT in operation in India at the time of independence?
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The book 'General Theory of Employment, Interest and Money', has been written by the distinguished economist:
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Describe the activities relating to commerce.
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Which of the following was a shortfall of the industrial policy pursued by the British colonial administration?
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What percentage of the Indian workforce was engaged in agriculture during the colonial period?
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Choose the correct statements from the following:
(A) Adam Smith is termed as Father of Modern Economics.
(B) J.M. Keynes gave the Theory of Income, Output, and Employment.
(C) Four Sector Model = C + I + G + (X - M)
(D) Store of value is a primary function of money.
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What is meant by the 'drain of Indian wealth' during the colonial period?
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Explain any two business activities which are auxiliaries to trade.
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What was the focus of the economic policies pursued by the colonial government in India?
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Define Industry. Explain various types of industries giving examples.
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What was the literacy rate in India during the colonial period?
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Which of the following led to the decline of traditional handicrafts in India under British rule?
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_____ is a market where economic agents can freely exchange their endowments with each other.
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What was the primary cause of India’s agricultural stagnation during the colonial period?
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Compare business with profession and employment.
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Rearrange the given statements in proper chronological sequence (earliest to latest):
(A) General Theory of Employment, Interest and Money by Keynes.
(B) Mahalanobis was made a fellow of Britain's Royal Society.
(C) An Inquiry into the Nature and Cause of the Wealth of Nations by Adam Smith.
(D) The Economic Consequences of the Peace by Keynes.
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How would you classify business activities?
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What are the various types of industries?
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Match List-I with List-II:
| List I | List II |
| (A) Pegged exchange rate system | (I) Setting up of IMF and World Bank |
| (B) Managed floating | (II) Fixed exchange rate system |
| (C) Bretton Woods Conference | (III) Dirty Floating |
| (D)Third element in BOP | (IV) Error and Omission Account |
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Which of the following economists estimated India’s per capita income during the colonial period?
