Welcome to Economy Daily Static MCQs 18/11/2024 .

Total Questions: 5

Q1. TRIPS agreement of WTO covers which of the following

a. 1, 2, 3, 4

b. 1, 2, 3

c. 1, 2

d. 1, 3, 4

Q2. Along with the budget, policy statements mandated by the Fiscal Responsibility and Budget Management Act, 2003 (FRBMA) are

a. 1, 3

b. 1, 2

c. 2, 3

d. 1, 2, 3

Q3. Which of the following is/are characteristics of public goods?

a. 1, 2

b. 1, 4

c. 1, 3

d. 2 and 3

Q4. Market failure occurs due to:

a. 1, 2 and 3

b. 1 only

c. 1, 2

d. 2 and 3

Q5. Effective demand is that level of demand at which:

a. Aggregate demand is more than aggregate supply

b. Aggregate demand is less than aggregate supply

c. Aggregate demand is equal to aggregate supply

d. Output is maximum

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Economy Daily Static MCQs 18/11/2024