{"id":36449,"date":"2019-10-22T19:00:58","date_gmt":"2019-10-22T13:30:58","guid":{"rendered":"https:\/\/cracku.in\/blog\/?p=36449"},"modified":"2019-10-22T19:00:58","modified_gmt":"2019-10-22T13:30:58","slug":"economics-questions-for-iift-pdf","status":"publish","type":"post","link":"https:\/\/cracku.in\/blog\/economics-questions-for-iift-pdf\/","title":{"rendered":"Economics Questions for IIFT PDF"},"content":{"rendered":"

Economics Questions for IIFT PDF<\/strong><\/span><\/h2>\n

Download important IIFT Economics Questions PDF based on previously asked questions in IIFT and other MBA exams. Practice Economics Questions and answers for IIFT and other\u00a0 exams.<\/p>\n

Download Economics Questions for IIFT PDF<\/a><\/p>\n

Get Complete MBA Test Series for Rs. 799<\/a><\/p>\n

Download IIFT Previous Papers PDF<\/a><\/p>\n

Question 1:\u00a0<\/b>National Income of India is compiled by which institute?<\/p>\n

a)\u00a0Finance Commission<\/p>\n

b)\u00a0Indian Statistical Institute<\/p>\n

c)\u00a0National Development Council<\/p>\n

d)\u00a0Central Statistical Organization<\/p>\n

Question 2:\u00a0<\/b>In which kind of wants, both parties have agree to sell and buy each other commodities?<\/p>\n

a)\u00a0Single coincidence<\/p>\n

b)\u00a0Double coincidence<\/p>\n

c)\u00a0Triple coincidence<\/p>\n

d)\u00a0None of these<\/p>\n

Question 3:\u00a0<\/b>contraceptive pills in the market conatin<\/p>\n

a)\u00a0steroid-hormones<\/p>\n

b)\u00a0inorganic compounds<\/p>\n

c)\u00a0herbicides<\/p>\n

d)\u00a0antibiotics<\/p>\n

Question 4:\u00a0<\/b>In economic equilibrium , what is the condition of the supply and demand?<\/p>\n

a)\u00a0supply is equal to the demand.<\/p>\n

b)\u00a0the surplus is larger than the shortage.<\/p>\n

c)\u00a0elasticity of demand equals elasticity of supply<\/p>\n

d)\u00a0price elasticity of demand is unity<\/p>\n

Question 5:\u00a0<\/b>Which is the unemployment which exists in any economy due to people being in the process of moving from one job to another?<\/p>\n

a)\u00a0Seasonal unemployment<\/p>\n

b)\u00a0Cyclical unemployment<\/p>\n

c)\u00a0Frictional unemployment<\/p>\n

d)\u00a0Structural unemployment<\/p>\n

IIFT Free Mock Test<\/a><\/p>\n

Question 6:\u00a0<\/b>Balance of Trade is the difference between which factors?<\/p>\n

a)\u00a0Country’s Income and Expense<\/p>\n

b)\u00a0Country’s Exports and Imports<\/p>\n

c)\u00a0Country’s Tax Revenue and Expense<\/p>\n

d)\u00a0Country’s capital inflow and outflow<\/p>\n

Question 7:\u00a0<\/b>Which of the following equation is\/are INCORRECT?
\nI. NI = NDP + Net Foreign Income
\nII. GNP = GDP + Net Foreign Income
\nIII. NDP = GNP – Depreciation<\/p>\n

a)\u00a0Only (I) and (II)<\/p>\n

b)\u00a0Only (III)<\/p>\n

c)\u00a0Only (II) and (III)<\/p>\n

d)\u00a0Only (II)<\/p>\n

Question 8:\u00a0<\/b>The short run marginal cost curve is ____ shaped.<\/p>\n

a)\u00a0U<\/p>\n

b)\u00a0V<\/p>\n

c)\u00a0X<\/p>\n

d)\u00a0W<\/p>\n

Question 9:\u00a0<\/b>‘Residex’ is associated with :<\/p>\n

a)\u00a0Share prices<\/p>\n

b)\u00a0Price inflation<\/p>\n

c)\u00a0Mutual fund prices<\/p>\n

d)\u00a0Land prices<\/p>\n

Question 10:\u00a0<\/b>When the demand for a good increases with an increase in income, such a good is called___________<\/p>\n

a)\u00a0Superior good<\/p>\n

b)\u00a0Giffin good<\/p>\n

c)\u00a0Inferior good<\/p>\n

d)\u00a0Normal good<\/p>\n

Enroll for CAT\/MBA Courses<\/a><\/p>\n

Answers & Solutions:<\/strong><\/span><\/p>\n

1)\u00a0Answer\u00a0(D)<\/strong><\/p>\n

2)\u00a0Answer\u00a0(B)<\/strong><\/p>\n

3)\u00a0Answer\u00a0(A)<\/strong><\/p>\n

4)\u00a0Answer\u00a0(A)<\/strong><\/p>\n

5)\u00a0Answer\u00a0(C)<\/strong><\/p>\n

6)\u00a0Answer\u00a0(B)<\/strong><\/p>\n

7)\u00a0Answer\u00a0(B)<\/strong><\/p>\n

8)\u00a0Answer\u00a0(A)<\/strong><\/p>\n

9)\u00a0Answer\u00a0(D)<\/strong><\/p>\n

10)\u00a0Answer\u00a0(D)<\/strong><\/p>\n

IIFT Previous year question\u00a0 answer PDF<\/a><\/p>\n

IIFT Free Mock Test<\/a><\/p>\n

We hope this Economics questions and answers for IIFT PDF will be helpful to you.<\/p>\n","protected":false},"excerpt":{"rendered":"

Economics Questions for IIFT PDF Download important IIFT Economics Questions PDF based on previously asked questions in IIFT and other MBA exams. Practice Economics Questions and answers for IIFT and other\u00a0 exams. Download IIFT Previous Papers PDF Question 1:\u00a0National Income of India is compiled by which institute? a)\u00a0Finance Commission b)\u00a0Indian Statistical Institute c)\u00a0National Development Council […]<\/p>\n","protected":false},"author":42,"featured_media":36451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[3,169,125,350,362,366],"tags":[2886,1195],"class_list":{"0":"post-36449","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cat","8":"category-downloads","9":"category-featured","10":"category-iift","11":"category-snap","12":"category-xat","13":"tag-economics-questions-for-iift","14":"tag-iift-2019"},"better_featured_image":{"id":36451,"alt_text":"Economics Questions for IIFT PDF","caption":"Economics Questions for IIFT PDF\n","description":"Economics Questions for IIFT 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