To discover new facts or to make fresh interpretation of known facts
Question 2Single Answer
Sampling error decreases with the
A
decrease in sample size
B
increase in sample size
C
process of randomization
D
process of analysis
Question 3Single Answer
The principles of fundamental research are used in
A
action research
B
applied research
C
philosophical research
D
historical research
Question 4Single Answer
Users who use media for their own ends are indentified as
A
Passive audience
B
Active audience
C
Positive audience
D
Negative audience
Question 5Single Answer
Classroom communication can be described as
A
Exploration
B
Institutionalisation
C
Unsignified narration
D
Discourse
Question 6Single Answer
Ideological codes shape our collective
A
Productions
B
Perceptions
C
Consumptions
D
Creations
Question 7Single Answer
In communication, myths have power, but are
A
Uncultural.
B
Insignificant.
C
imprecise.
D
Unpreferred.
Question 8Single Answer
The first multi-lingual news agency of India was
A
Samachar
B
API
C
Hindustan Samachar
D
Samachar Bharati
Question 9Single Answer
Organisational communication can also be equated with
A
intra-personal communication
B
inter-personal communication
C
group communication
D
mass communication
Question 10Single Answer
If two propositions having the same subject and predicate terms are such that one is the denial of the other, the relationship between them is called
A
Contradictory
B
Contrary
C
Sub-contrary
D
Sub-alternation
Question 11Single Answer
Ananya and Krishna can speak and follow English. Bulbul can write and speak. Hindi as Archana does. Archana talks with Ananya also in Bengali. Krishna can not follow Bengali. Bulbul talks with Ananya in Hindi. Who can speak and follow English, Hindi and Bengali?
A
Archana
B
Bulbul
C
Ananya
D
Krishna
Question 12Single Answer
A stipulative definition may be said to be
A
Always true
B
Always false
C
Sometimes true, sometimes false
D
Neither true nor false
Question 13Single Answer
Which one of the following references is written as per Modern Language Association (MLA) format?
A
Hall, Donald. Fundamentals of Electronics, New Delhi : Prentice Hall of India, 2006
B
Hall, Donald, Fundamentals of Electronics, New Delhi : Prentice Hall of India, 2003
C
Hall, Donald. Fundamentals of Electronics, New Delhi : Prentice Hall of India, 2002
D
Hall, Donald. Fundamentals of Electronics. New Delhi : Prentice Hall of India, 2005
Question 14Single Answer
When the conclusion of an argument follows from its premise/premises conclusively, the argument is called
A
Circular argument
B
Inductive argument
C
Deductive argument
D
Analogical argument
Question 15Single Answer
A workshop is
A
a conference for discussion on a topic.
B
a meeting for discussion on a topic.
C
a class at a college or a university in which a teacher and the students discuss a topic.
D
a brief intensive course for a small group emphasizing the development of a skill or technique for solving a specific problem.
Question 16Single Answer
A working hypothesis is
A
a proven hypothesis for an argument.
B
not required to be tested.
C
a provisionally accepted hypothesis for further research.
D
a scientific theory.
Question 17Single Answer
Saturn and Mars are planets like the earth. They borrow light from the Sun and moves around the Sun as the Earth does. So those planets are inhabited by various orders of creatures as the earth is. What type of argument is contained in the above passage?
A
Deductive
B
Astrological
C
Analogical
D
Mathematical
Question 18Single Answer
Given below are two premises. Four conclusions are drawn from those two premises in four codes. Select the code that states the conclusion validly drawn.
All saints are religious. (major)
Some honest persons are saints.(minor)Codes:
A
Codes:
All saints are hones.
B
Some saints are honest.
C
Some honest persons are religious.
D
All religious persons are honest.
Question 19Single Answer
In the process of communication, which one of the following is in chronological order?
A
Communicator, Medium, Receiver, Effect, Message
B
Medium, Communicator, Message, Receiver, Effect
C
Communicator, Message, Medium, Receiver, Effect
D
Message, Communicator, Medium, Receiver, Effect
Question 20Single Answer
Bengal Gazette, the first Newspaper in India was started in 1780 by
A
Dr. Annie Besant
B
James Augustus Hicky
C
Lord Cripson
D
A.O. Hume
Question 21Single Answer
Press censorship in India was imposed during the tenure of the Prime Minister
A
Rajeev Gandhi
B
Narasimha Rao
C
Indira Gandhi
D
Deve Gowda
Question 22Single Answer
Communication via New media such as computers, teleshopping, internet and mobile telephony is termed as
A
Entertainment
B
Interactive communication
C
Developmental communication
D
Communitarian
Question 23Single Answer
Classroom communication of a teacher rests on the principle of
A
Infotainment
B
Edutainment
C
Entertainment
D
Enlightenment
Question 24Single Answer
Identify the region that has shown hyper growth rate of foreign tourist arrivals than the growth rate of the total FTAs in India in 2008.
A
Western Europe
B
North America
C
South Asia
D
East Asia
Question 25Single Answer
____ is important when a teacher communicates with his her student.
A
Sympathy
B
Empathy
C
Apathy
D
Antipathy
Question 26Single Answer
Which of the following is/are the basic paradigms in classroom teaching?
A
Learning paradigm
B
Instructional paradigm
C
Both (a) and (b)
D
None of the above
Question 27Single Answer
The prime requirement to become a good teacher is to have
A
Genuine interest in teaching
B
Knowledge about controlling students
C
Subject knowledge
D
Good expression
Question 28Single Answer
Which of the following statement/s is/are NOT true ?
A
Teaching is just an art
B
Teachers can be trained only
C
Teachers are born
D
All of the above
Question 29Single Answer
The most desirable skill of teacher is to
A
Make the students understand what the teacher says
B
Cover the prescribed course
C
Keep students relaxed while teaching
D
Keep higher authorities informed about the class activities
Question 30Single Answer
Match List I with List II
List I (Level of teaching) List II (Main Proponent)
A Memory Level I Herbart
B Understanding Level II Morrison
C Reflective Level III Hunt
Codes:
A
A-I, B-II, C-II
B
A-l, B-III, C-II
C
A-II, B-III, C-I
D
A-II, B-II, C-II
Question 31Single Answer
Which of the following is the sequence of different levels of teaching ?
Which of the following is an independent variable in teaching-learning process?
A
Teacher
B
Student
C
Institution
D
Parents
Question 33Single Answer
Which of the following method should be used by each teacher?
A
Analytical-synthetic
B
Synthetic-analytical
C
Only analytical
D
Only synthetic
Question 34Single Answer
Match List I with List II
List I (Teaching maxims) List II (Main proponents)
A From whole to part I Gestalt
B Self-Study II Dalton
C Training of senses III Montessori and Froebel
Codes:
A
A-I, B-II, C-II
B
A-I, B-II, C-II
C
A-II, B-II, C-II
D
A-II, B-II, C-II
Question 35Single Answer
Which of the following reflects the nature of teaching ?
A
It is an art
B
It is a science
C
It is an art as well as science
D
It is neither art nor science
Question 36Single Answer
Which of the following orders are the three levels of teaching?
(i) Memory level of teaching
(ii) Understanding level of teaching
(iii) Reflective level of teaching
(iv) Pedagogical level of teaching
A
(i), (ii), and (iii)
B
(ii), (iii), and (iv)
C
(i), (iii), and (iv)
D
(i), (ii), and (iv)
Question 37Single Answer
Nowadays, teaching is becoming more and more
A
Learner-centred
B
Instructor-centred
C
Group-centred
D
None of the above
Question 38Single Answer
When the learner is self-directed, it is termed as
A
Pedagogical learning
B
Andragogical learning
C
Distance education learning
D
None of the above
Question 39Single Answer
Instructional objective are written for the student and they state what the student is expected to do. These objectives should be
A
Specific
B
Observable
C
Measurable
D
All of the above
Question 40Single Answer
In context of dynamic teaching environment, which of the following statement is true?
A
Teacher is a dependent variable and student is an independent variable.
B
Teacher is an independent variable and student is a dependent variable.
C
Both teacher and student are intervening variables.
D
None of the above
Question 41Single Answer
At which of the following teaching levels, classroom environment is required to be sufficiently 'open and independent'?
A
Memory level
B
Understanding level
C
Reflective level
D
All of the above
Question 42Single Answer
What is meant by the term 'curriculum'?
A
The subject of study offered by an education institution.
B
Organized whole of learning and other experiences provided by educational institutions to realize set goals.
C
The prescribed syllabi in the various subjects plus practical courses and project/dissertation.
D
Theory and practical courses to be completed to qualify for a level of education.
Question 43Single Answer
The classification of cognitive domain was presented by
A
Benjamin S. Bloom
B
Skinner
C
Krathwohl
D
Simpson
Question 44Single Answer
To make use of previously learned material in new situation is
A
Comprehension
B
Application
C
Knowledge
D
Analysis
Question 45Single Answer
The highest level of cognitive domain is
A
Synthesis
B
Analysis
C
Comprehension
D
Evaluation
Question 46Single Answer
Micro teaching is more effective
A
During preparation for teaching practice
B
During teaching practice
C
After the teaching practice
D
Always
Question 47Single Answer
Micro-teaching is useful to students of
A
Primary classes only
B
Junior classes only
C
10+2 classes only
D
Both for primary and higher classes
Question 48Single Answer
Which of the following university was the pioneer in micro-teaching concept started in 1961?
A
Stanford University
B
Oxford University
C
Delhi University
D
JLN University, New Delhi
Question 49Single Answer
In which of the following is instructional procedure the main component?
A
Synectics teaching model
B
Basic teaching model
C
Inductive model
D
Social stimulation
Question 50Single Answer
In education, John Dewey stressed on
A
Learning by doing
B
Authoritarian teaching methods
C
Rote learning
D
None of the above
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Management
Question 51Single Answer
Management is best defined as?
A
The process of supervising employees
B
The science of earning profits only
C
The art of getting things done through people
D
Following rules strictly
Question 52Single Answer
Which of the following is NOT a key function of management?
A
Planning
B
Marketing
C
Staffing
D
Controlling
Question 53Single Answer
The process of setting objectives and deciding in advance the actions to achieve them is called?
A
Organizing
B
Planning
C
Directing
D
Controlling
Question 54Single Answer
The managerial function that involves grouping activities and resources to achieve objectives is?
A
Planning
B
Organizing
C
Staffing
D
Directing
Question 55Single Answer
Staffing in management primarily deals with?
A
Motivating employees
B
Evaluating performance
C
Setting objectives
D
Recruiting and placing employees
Question 56Single Answer
Directing as a managerial function includes?
A
Recruitment and selection
B
Motivating, leading, and communicating with employees
C
Budgeting and planning
D
Performance appraisal only
Question 57Single Answer
Controlling in management ensures?
A
Employees work harder than planned
B
Activities are aligned with set objectives
C
Recruitment is done properly
D
All decisions are delegated
Question 58Single Answer
Henri Fayol is best known for his contributions to which management aspect?
A
Scientific Management
B
Administrative Management
C
Behavioral Management
D
Operational Research
Question 59Single Answer
Who is considered the father of Scientific Management?
A
Peter Drucker
B
Henry Mintzberg
C
Frederick Taylor
D
Elton Mayo
Question 60Single Answer
Evolution of management includes which approach that focuses on efficiency through time and motion studies?
A
Behavioral Approach
B
Contingency Approach
C
Systems Approach
D
Scientific Management Approach
Question 61Single Answer
Management is both an art and a science because?
A
It involves skillful application of knowledge
B
It uses rules only
C
It ignores human factors
D
It is purely theoretical
Question 62Single Answer
Which function of management involves measuring performance and taking corrective action?
A
Planning
B
Organizing
C
Directing
D
Controlling
Question 63Single Answer
Organizing function helps in?
A
Fixing salaries
B
Preparing financial statements
C
Motivating employees only
D
Establishing relationships among employees and resources
Question 64Single Answer
A key characteristic of planning is that it is?
A
Reactive
B
Only short-term
C
Optional
D
Future-oriented
Question 65Single Answer
Staffing is considered a continuous function because?
A
Employees leave, retire, or are promoted
B
Plans are only short-term
C
Controlling is not needed
D
Organizing is unimportant
Question 66Single Answer
Directing function primarily focuses on?
A
Controlling organizational resources
B
Financial planning
C
Influencing people to perform willingly
D
Recruitment and selection only
Question 67Single Answer
Planning provides a basis for?
A
Motivation and leadership only
B
Profit maximization only
C
Organizing and controlling
D
Employee recruitment exclusively
Question 68Single Answer
Which function ensures coordination between individual efforts and organizational goals?
A
Planning
B
Organizing
C
Controlling
D
Directing
Question 69Single Answer
Management functions can be classified into which two broad categories?
A
Primary and Secondary
B
Operative and Managerial
C
Technical and Financial
D
Human and Material
Question 70Single Answer
Which management function is considered the most basic and first step?
A
Organizing
B
Controlling
C
Directing
D
Planning
Question 71Single Answer
Evolution of management thought emphasizes which of the following over time?
A
Only profit-making
B
Ignoring employees
C
Rule-following only
D
Efficiency, human relations, and system thinking
Question 72Single Answer
A line organization is characterized by?
A
Advisory specialists
B
Clear chain of command
C
Project-based authority
D
Informal relationships
Question 73Single Answer
In a staff organization, staff personnel?
A
Have direct authority over subordinates
B
Control financial resources only
C
Provide advice and support to line managers
D
Replace line managers
Question 74Single Answer
Which organizational structure combines functional and project structures?
A
Line structure
B
Matrix structure
C
Network structure
D
Circular structure
Question 75Single Answer
Network organizations are best suited for?
A
Highly dynamic and flexible environments
B
Large bureaucracies
C
Routine repetitive tasks
D
Sole proprietorships
Question 76Single Answer
Which of the following is a characteristic of a formal organization?
A
Based on personal relationships
B
Lacks structure and rules
C
Emerges spontaneously
D
Clearly defined roles and responsibilities
Question 77Single Answer
Informal organizations are formed based on?
A
Written rules
B
Authority hierarchy
C
Social and personal relationships
D
Job descriptions
Question 78Single Answer
A line-and-staff organization is also called?
A
Pure line organization
B
Hybrid organization
C
Functional organization
D
Network organization
Question 79Single Answer
Which type of organizational structure is highly centralized?
A
Matrix organization
B
Line organization
C
Network organization
D
Informal organization
Question 80Single Answer
One advantage of a matrix structure is?
A
Simple and clear authority
B
Eliminates need for communication
C
Efficient use of resources across projects
D
Reduces flexibility
Question 81Single Answer
In formal organizations, communication typically flows through?
A
Informal channels
B
Social networks
C
Official hierarchical lines
D
Gossip and rumors
Question 82Single Answer
Informal groups in organizations often help in?
A
Improving social interaction and support
B
Reducing employee morale
C
Ignoring organizational rules
D
Creating rigid structures
Question 83Single Answer
The primary disadvantage of a line organization is?
A
Confusion of authority
B
Overburdening of top management
C
Slow decision-making
D
Lack of personal relationships
Question 84Single Answer
Which type of organizational structure is flexible and relies on technology for coordination?
A
Line
B
Staff
C
Network
D
Line-and-staff
Question 85Single Answer
In a matrix organization, employees report to?
A
Only one manager
B
Top management only
C
Both functional and project managers
D
Informal leaders
Question 86Single Answer
Formal organization aims to achieve?
A
Personal satisfaction
B
Informal group cohesion
C
Organizational objectives
D
Employee friendships
Question 87Single Answer
The line-and-staff structure helps in?
A
Limiting communication
B
Removing hierarchy completely
C
Encouraging informal groups only
D
Reducing managerial burden and providing expert advice
Question 88Single Answer
Which structure is most suitable for large organizations with complex activities?
A
Line-and-staff organization
B
Line organization
C
Informal organization
D
Circular organization
Question 89Single Answer
One disadvantage of a matrix structure is?
A
Clear chain of command
B
Lack of flexibility
C
Overloading employees with multiple bosses
D
Minimal communication
Question 90Single Answer
Network organizations are also known as?
A
Divisional organizations
B
Functional organizations
C
Line organizations
D
Virtual organizations
Question 91Single Answer
In an informal organization, leadership is based on?
A
Formal authority
B
Job descriptions
C
Written rules
D
Personal influence and acceptance
Question 92Single Answer
Formal and informal organizations differ mainly in?
A
Size
B
Goals
C
Structure and authority
D
Profitability
Question 93Single Answer
Decision making in management refers to?
A
Giving orders to subordinates
B
Choosing the best alternative among several options
C
Controlling employees strictly
D
Delegating all authority
Question 94Single Answer
The first step in the decision-making process is?
A
Identifying the problem
B
Evaluating alternatives
C
Implementing the decision
D
Monitoring outcomes
Question 95Single Answer
Which technique is commonly used for decision-making under certainty?
A
Decision tree
B
Linear programming
C
SWOT analysis
D
Brainstorming
Question 96Single Answer
Decision making under uncertainty involves?
A
Known outcomes and probabilities
B
Unknown outcomes and probabilities
C
Only financial decisions
D
Routine administrative tasks
Question 97Single Answer
A decision-making tool that graphically represents possible outcomes and their consequences is called?
A
Pareto chart
B
Fishbone diagram
C
Gantt chart
D
Decision tree
Question 98Single Answer
Programmed decisions are?
A
Non-routine and unique
B
Routine and repetitive
C
Made by top management only
D
Always risky
Question 99Single Answer
Non-programmed decisions are?
A
Routine
B
Simple and repetitive
C
Easily automated
D
Unique and unstructured
Question 100Single Answer
Group decision-making is beneficial because?
A
It avoids conflicts entirely
B
It brings diverse perspectives and expertise
C
It requires no coordination
D
It is always faster than individual decisions
Question 101Single Answer
One of the disadvantages of group decision-making is?
A
Lack of information
B
Only top management can participate
C
No need for leadership
D
Risk of groupthink
Question 102Single Answer
The concept of decision-making involves?
A
Selecting alternatives to achieve objectives
B
Direct supervision of employees
C
Only financial analysis
D
Implementing without analysis
Question 103Single Answer
Which tool is used to prioritize problems or causes in decision-making?
A
Pareto analysis
B
Decision tree
C
Gantt chart
D
Organizational chart
Question 104Single Answer
In the decision-making process, after evaluating alternatives, the next step is?
A
Brainstorming
B
Problem identification
C
Monitoring results
D
Implementation of the chosen alternative
Question 105Single Answer
Rational decision-making assumes that?
A
Only top management decides
B
Decisions are always intuitive
C
Outcomes are unpredictable
D
Decision-maker has complete information
Question 106Single Answer
A decision-making technique that involves generating many ideas without criticism is?
A
Brainstorming
B
Linear programming
C
SWOT analysis
D
Decision tree
Question 107Single Answer
Decision-making under risk means?
A
Outcomes are certain
B
Decisions are non-programmed only
C
Outcomes are unknown
D
Probabilities of outcomes are known
Question 108Single Answer
The main objective of decision-making in management is to?
A
Avoid responsibility
B
Solve problems effectively and efficiently
C
Delay actions
D
Reduce employee involvement
Question 109Single Answer
Tools like SWOT, PESTLE, and Pareto are used for?
A
Decision-making analysis
B
Employee evaluation
C
Routine supervision
D
Financial auditing only
Question 110Single Answer
Which type of decision is strategic in nature?
A
Non-programmed and long-term
B
Routine and short-term
C
Programmed and repetitive
D
Operational only
Question 111Single Answer
Decision-making in management is closely linked with?
A
Planning and problem-solving
B
Recruitment only
C
Routine paperwork
D
Personal biases only
Question 112Single Answer
One of the limitations of decision-making is?
A
It always guarantees success
B
It is simple and straightforward
C
Uncertainty and incomplete information
D
Decisions are always low-cost
Question 113Single Answer
Decision-making effectiveness depends on?
A
Quality of information, analysis, and judgment
B
Only top management opinions
C
Ignoring alternatives
D
Speed without accuracy
Question 114Single Answer
Communication in management refers to?
A
Controlling resources
B
Giving orders only
C
Monitoring employee performance
D
Process of sharing information and understanding between two or more people
Question 115Single Answer
The basic elements of the communication process include?
A
Planning, organizing, staffing
B
Sender, message, channel, receiver, feedback
C
Goals, objectives, strategies
D
Motivation, leadership, evaluation
Question 116Single Answer
Downward communication flows from?
A
Between colleagues only
B
Subordinates to top management
C
Top management to subordinates
D
External stakeholders to organization
Question 117Single Answer
Upward communication is used primarily for?
A
Reporting progress and problems to higher management
B
Giving instructions
C
Motivating employees
D
Controlling operations
Question 118Single Answer
Horizontal communication occurs between?
A
External stakeholders only
B
Top management and subordinates
C
Organization and customers
D
Employees at the same hierarchical level
Question 119Single Answer
Diagonal communication flows between?
A
Same department only
B
Only top management and subordinates
C
Employees of different levels and departments
D
External agencies
Question 120Single Answer
Formal communication follows?
A
Personal relationships only
B
Official channels defined by organization
C
Informal grapevine
D
Social media only
Question 121Single Answer
Informal communication is also known as?
A
Directive communication
B
Grapevine
C
Circular communication
D
Organizational hierarchy
Question 122Single Answer
Barriers to effective communication may include?
A
Noise, language differences, perception, attitude
B
Proper feedback and clarity
C
Clear objectives
D
Structured channels
Question 123Single Answer
One-way communication is characterized by?
A
Continuous interaction
B
Active participation of receiver
C
Mutual understanding
D
No feedback from the receiver
Question 124Single Answer
Two-way communication involves?
A
Exchange of information with feedback
B
Instructions only
C
Communication without clarity
D
Ignoring receiver’s response
Question 125Single Answer
Non-verbal communication includes?
A
Written reports only
B
Body language, gestures, facial expressions
C
Telephone calls only
D
Email messages only
Question 126Single Answer
Active listening is important because?
A
It eliminates the need for feedback
B
It speeds up decision-making
C
It reduces formal communication
D
It ensures proper understanding of the message
Question 127Single Answer
Noise in communication refers to?
A
Formal communication channels
B
Loud conversations only
C
Anything that distorts or interferes with the message
D
Feedback mechanisms
Question 128Single Answer
The main purpose of communication in management is?
A
To avoid interaction
B
To assign punishment
C
To reduce work
D
To convey information, influence behavior, and facilitate decision-making
Question 129Single Answer
Written communication is preferred when?
A
Speed is the priority
B
Permanent record is required
C
Personal interaction is needed
D
Informal discussion is sufficient
Question 130Single Answer
Oral communication is preferred when?
A
Large-scale distribution is needed
B
Documentation is mandatory
C
Quick interaction and immediate feedback is required
D
Confidentiality is not important
Question 131Single Answer
Effective communication requires?
A
One-way flow only
B
Ambiguity and repetition
C
Clarity, conciseness, completeness, consideration of audience
D
Ignoring receiver’s feedback
Question 132Single Answer
Semantic barriers in communication arise due to?
A
Physical noise
B
Differences in language, interpretation, and meaning
C
Feedback mechanisms
D
Organizational hierarchy
Question 133Single Answer
Channel richness refers to?
A
Number of employees in a channel
B
Ability of a communication channel to convey information and feedback effectively
C
Complexity of hierarchy
D
Cost of communication
Question 134Single Answer
The final step in the communication process is?
A
Feedback to ensure message is understood
B
Sending the message
C
Encoding the message
D
Selecting the channel
Question 135Single Answer
Managerial economics primarily helps managers in?
A
Conducting employee training
B
Making rational business decisions
C
Supervising daily tasks only
D
Marketing promotions
Question 136Single Answer
The law of demand states that, ceteris paribus?
A
Price and demand are unrelated
B
Quantity demanded increases as price increases
C
Quantity demanded decreases as price increases
D
Demand remains constant at all prices
Question 137Single Answer
Price elasticity of demand measures?
A
Responsiveness of quantity demanded to change in price
B
Change in production costs
C
Market supply fluctuations
D
Profit maximization
Question 138Single Answer
Total utility refers to?
A
Price of a commodity
B
Satisfaction from one unit of consumption
C
Cost of production
D
Overall satisfaction obtained from consuming a given quantity of goods
Question 139Single Answer
Marginal utility is defined as?
A
Total satisfaction from all units consumed
B
Additional satisfaction from consuming one more unit of a good
C
Utility per unit cost
D
Profit from selling one unit
Question 140Single Answer
The law of diminishing marginal utility states that?
A
Marginal utility always increases
B
Total utility decreases with consumption
C
Marginal utility declines as more units are consumed
D
Utility is constant for all units
Question 141Single Answer
Perfect competition is characterized by?
A
Many buyers and sellers, homogeneous products, and free entry and exit
B
Single seller dominating the market
C
Few sellers with differentiated products
D
Government control of price only
Question 142Single Answer
Monopoly refers to?
A
Market with many sellers and homogeneous products
B
Market with a single seller and no close substitutes
C
Market with government regulation only
D
Market with informal trade
Question 143Single Answer
Oligopoly market is characterized by?
A
Few large sellers influencing market price
B
Single seller dominating
C
Many sellers and homogeneous products
D
Perfect information for all buyers
Question 144Single Answer
Monopolistic competition is characterized by?
A
Single seller dominating
B
Many sellers offering differentiated products
C
Few sellers offering identical products
D
Government controlling supply
Question 145Single Answer
National income is?
A
Government expenditure only
B
Total revenue of a company
C
Total personal savings
D
Total value of goods and services produced in a country in a year
Question 146Single Answer
GDP stands for?
A
General Domestic Profit
B
Gross Domestic Product
C
Government Development Plan
D
Gross Demand Price
Question 147Single Answer
GNP stands for?
A
Government Net Product
B
General National Profit
C
Gross National Product
D
Gross New Production
Question 148Single Answer
Disposable income is?
A
Corporate profit
B
Total national income
C
Government expenditure
D
Income available to individuals after paying taxes
