The first complete census of population was, however, conducted in 1881, on a uniform basis throughout India providing the most complete and continuous demographic record for any comparable population.
Q2. The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?
किसी वस्तु की कीमत में परिवर्तन होने पर और उपभोक्ता की आय को इस प्रकार समायोजित करने पर कि वह उसी बण्डल को खरीद सके जिसे वह कीमत में परिवर्तन के पहले खरीदता था, वस्तु की इष्टतम मात्रा में हुए परिवर्तन को क्या कहा जाता हैं?
The law of demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.
The substitution effect is the economic understanding that as prices rise — or income decreases — consumers will replace more expensive items with less costly alternatives.
It is often said that the central purpose of economic activity is the production of goods and services to satisfy our changing needs and wants. The basic economic problem is about scarcity and choice.
C is the optimal choice when faced with the budget constraint given here, as it is the indifference curve that is tangential to the budget constraint. This means that at point C, the slope of the indifference curve, or the marginal rate of substitution, is equal to the slope of the budget line
Q3. “Relief of the disabled and unemployable” is listed in the ______ list given in the Seventh Schedule in the Constitution of India.
“विकलांग और बेरोजगारों को राहत” भारत के संविधान की सातवीं अनुसूची में दी गयी _____ सूचि में सूचीबद्ध है|
The tertiary sector or service sector is the third of the three economic sectors of the three-sector theory. The service sector consists of the production of services instead of end products. Services include attention, advice, access, experience, discussion, and affective labour.
Q5. Which among the following is not a direct tax?
A direct tax is one imposed upon an individual person (juristic or natural) or property (i.e. real and personal property, livestock, crops, wages, etc.) as distinct from a tax imposed upon a transaction. Income tax, Corporate tax, Wealth tax are all examples of direct taxes.
Q6. Which of the following is justiciable in nature?
निम्नलिखित में से कौन सा न्यायपूर्ण है?
(a) Fundamental Duties/ मौलिक कर्तव्य
(b) Directive principles of state policy/ राज्य के निर्देशक सिद्धांत
Fundamental Rights via the Constitution 44th Amendment Act, 1978. It was instead made a constitutional right under Article 300A which states that. ” No person can be deprived of his property except by authority of law.”
Q10. Which among the following is not an instrument of fiscal policy?
निम्नलिखित में से कौन सा एक राजकोषीय नीति का यंत्र नहीं है?
Taxation – Taxation refers to compulsory or coercive money collection by a levying authority, usually a government. The term “taxation” applies to all types of involuntary levies, from income to capital gains to estate taxes.
Public expenditure – Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc.
Public debt – Government debt (also known as public interest, national debt and sovereign debt) is the debt owed by a government.
Credit Rationing – Credit rationing is the limiting by lenders of the supply of additional credit to borrowers who demand funds, even if the latter are willing to pay higher interest rates.
Q11. Which of the following equation is/are INCORRECT?
NI = NDP + Net Foreign Income
GNP = GDP + Net Foreign Income
NDP = GNP – Depreciation
निम्नलिखित में से कौन सा/से समीकरण सही नहीं है/है?
The Comptroller and Auditor General (C&AG) of India is an authority, established by the Constitution under Constitution of India/Part V – Chapter V/Sub-part 7B/Article 148, which audits all receipts and expenditure of the Government of India and the state governments, including those of bodies and authorities substantially financed by the government.
His tenure 6 yrs or up to 65 yrs of age (whichever is earlier).