Basic Economics Terms and Concepts

The unemployment that occurs due to changes in technology or the demand for particular products is called:

The sustained decrease in the general price level is called as:

Which one of the following is a measure that the Government can use for combatting inflation?

The contraction of private investment spending due to deficit spending by the Government is called:

Which of the following policies help to raise interest rate unambiguously and thereby lead to appreciation of currency?

Which one of the following situations can lead to inflation?

Among the following countries, where did the idea of 'Social Market Economy' emerge in $1950$s?

Which one of the following central features is not associated with Capitalist Economy?

Which one of the following forms of money supply is considered as the most widely used in the Indian monetary system?

Built Operate and Transfer (BOT), Engineering Procurement and Construction (EPC) and Hybrid Annuity Model (HAM) are often seen in the news. Consider the following statements about them:
$1.$ Built Operate and Transfer (BOT) model puts financial liability on the private entity.
$2.$ Engineering Procurement and Construction (EPC) model puts financial liability on the government.
$3.$ Hybrid Annuity Model (HAM) puts financial liability on both government and private entities.

Which of the following statement(s) is/are correct with respect to India? Select the correct answer using the codes below.

‘Population dividend’ refers to_____.

Which of the following would cause consumption to rise?

Rise in the price of a commodity means _____.

Which of the following is/are the example(s) of Transfer Payment(s)?

$1$. Unemployment Allowance

$2$. Payment of Salary

$3$. Social Security Payments

$4$. Old age Pension

When the GDP is calculated on the basis of a fixed price in a base year it is known as _____.

The International currency in which the highest faith is shown and is needed by every economy is called:

Which one of the following situation arises with increased unemployment and inflation?

The term ‘Crowding out Effect’ quite often seen in news, is related to which of the following?

The type of unemployment in the agricultural sector of India where more people are employed than required is known as: 

Which one of the following statements is not correct?