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2001 · Q114Indian EconomyNational Income & Economic Growthmoderate

The following table shows the percentage change in the consumption of electricity by five towns P, Q, R, S, T from 1986 to 1988: Town Per cent change from 1986 to 1987 From 1987 to 1988 P +8 −18 Q +15 −11 R +6 +9 S −7 −5 T +13 −6 If town T consumed 500,000 units in 1986, how much did it consume in 1988?

  1. (a)371,000 units
  2. (b)531,100 units
  3. (c)551,100 units
  4. (d)571,100 units
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Official answer(b) 531,100 units

2022 · Q7Indian EconomyNational Income & Economic Growtheasy

Which of the following activities constitute real sector in the economy ? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below :

  1. (a)1 and 2 only
  2. (b)2, 3 and 4 only
  3. (c)1, 3 and 4 only
  4. (d)1, 2, 3 and 4
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Official answer(a) 1 and 2 only

2018 · Q47Indian EconomyNational Income & Economic Growthmoderate

If a commodity is provided free to the public by the Government, then

  1. (a)the opportunity cost is zero.
  2. (b)the opportunity cost is ignored.
  3. (c)the opportunity cost is transferred from the consumers of the product to the tax-paying public.
  4. (d)the opportunity cost is transferred from the consumers of the product to the Government.
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Official answer(c) the opportunity cost is transferred from the consumers of the product to the tax-paying public.