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GK Set-1
Economics
Indian Economics
196

Indian Economics MCQ (GK Set-1) with Answers

196) Which one of the following areas is related to blue revolution in Agriculture sector?

Horticulture

Aqua-culture

Poultry

Diary

Answer is:

Aqua-culture

Indian Economics MCQ (GK Set-1) with Answers

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Related Indian Economics MCQ (GK Set-1) with Answers

197) Soft currency means whose

Supply is less than its demand in the international market

Supply is more than its demand in the international market

Supply and demand both are less in international market

Demand tends to increase in the international market

Answer is:

Supply is more than its demand in the international market

198) Which one of the following is the basis of the comparative cost theory of David Ricardo?

Supply and demand

Labour theory of value

Benefit theory of trade

Marginal utility theory

Answer is:

Labour theory of value

199) Which one of the following is the cause of international trade as per Heckschar Ohlin Trade Theory?

Difference in factor avail ability

Difference in costs

Difference in wants

Difference in currency system

Answer is:

Difference in factor avail ability

200) Which one of the following is matching with free trade?

Encouragement for balanced growth

Absence of tariff

Restrictions on the movement of goods

Existence of anti-dumping policy

Answer is:

Absence of tariff

Indian Economics MCQ (GK Set-1) with Answers

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