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For the following questions answer them individually
Who was the first economist to have coined the terms “Micro Economics” and "Macro Economics" ?
Milton Friedman
Ragnar Frisch
J.M. Keynes
Paul Samuelson
In a free enterprise economy, the decision on what shall be produced is made by
Demand
Income
Price mechanism
Cost
The main reabon for the high growth of money supply im India since 1970 has been the rise in
Foreign lending
Foreign borrowing
RBI credit to the government
Bank credit to the private sector
Who was the firat Muslim to be elected as President of the Indian National Congress ?
Syed Ahmad Khan
Agha Khan
Muhammad Ali Jinnah
Badruddin Tyabji
Which of the following was not known to the Rigvedic period ?
Joint family system
Agriculture
Marriage system
Varna system
The characteristic feature of democratic socalism is
Privatization
Liberalization
Nationalization
Socialization
If a group of rich people use power for their selfish goals, it is called as
Monarchy
Oligarchy
Polity
Democracy
Who said that "Man is born free and everywhere he is in chains"
Locke
Aristotle
Marx
Rousseau
A civil servant in India may exercise poliliberty by
joining any political party
contesting in the elections
criticizing the government
exercising his franchise
The term 'Law' used in the pharse 'Rule of Law' refers to
Positive law
Natural law
Common law
Conventions of the Constitution
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