
Economics MCQs For Lectureship CSS PMS And NTS Part IV
51 What Circular flow income includes?
Income and expenditure
52 What does the National income of a country not include?
Illegal and unreported income
53 Persons having joint family budget, in economics they are called
Household
54 At equilibrium level of national income, saving is equal to what?
Investment
55 A Rise in exports may case a rise in
National Income
56 What is Marginal propensity to consume?
A ratio of additional income consumed
57 What is aggregate demand?
Aggregate expenditure
58 What is MPC?
Change in consumption divided by change in income
59 A Coin of Rupee is an example of
Token money
60 Which kind of cheque cash cannot be drawn directly from the bank?
Cross cheque
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