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1995 · Q144Indian EconomyNational Income & Economic Growthmoderate

Consider the diagram given below: (Pie-chart showing family expenditure with segments labelled T: Transport, Ec: Education of children, H: Housing, C: Clothing, F: Food, S: Savings, O: Others.) From the diagram shown it would be right to conclude that

  1. (a)the family spent more than half the income on food and clothing
  2. (b)the amount saved by the family was too little
  3. (c)the family had no health problems
  4. (d)the family managed to meet all the essential expenses out of the income earned
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Official answer(d) the family managed to meet all the essential expenses out of the income earned

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.