Online Test      LOGIN      SIGN UP
Forgot your password?
  • SSC Stenographer Exam General Awareness Study Material

Digitization help student to explore and study their academic courses online, as this gives them flexibility and scheduling their learning at their convenience. Kidsfront has prepared unique course material of General Awareness Economic scene for SSC Stenographer Exam student. This free online General Awareness study material for SSC Stenographer Exam will help students in learning and doing practice on Economic scene topic of SSC Stenographer Exam General Awareness. The study material on Economic scene, help SSC Stenographer Exam General Awareness students to learn every aspect of Economic scene and prepare themselves for exams by doing online test exercise for Economic scene, as their study progresses in class. Kidsfront provide unique pattern of learning General Awareness with free online comprehensive study material and loads of SSC Stenographer Exam General Awareness Economic scene exercise prepared by the highly professionals team. Students can understand Economic scene concept easily and consolidate their learning by doing practice test on Economic scene regularly till they excel in General Awareness Economic scene.


Economic scene
GNP differs from NNP due to

a) Interest on public debt
b) Depreciation
c) Net indirect taxes
d) Direct taxes



Answer
Solution
Correct Answer Is : Depreciation
Solution Is : GNP signifies Gross National product, Whereas NNP signifies Net National Product
Disguised unemployment means

a) Insufficiency of capital structure to absorb the large labour force
b) More people working, than required
c) Willing to work and not getting the work
d) Not getting work on all days throughout the year



Answer
Solution
Correct Answer Is : More people working, than required
Solution Is : Disguised unemployment is that, Which does not affect aggregate output. It exists mere part of the labour force is either left without work or is working in a redundant manner where worker productivity is essentially zero
Devalution Means

a) Depreciation of the fixed assets
b) Increase in the currency value in terms of foreign currency
c) Reduction in the external value of currency
d) Fall in valuation of the essentials in an economy



Answer
Solution
Correct Answer Is : Reduction in the external value of currency
Solution Is : Devaluation means reduction in the external value of currency
Q.Which market forms allow free entry and exit of firms?

a) Oligopoly and Monopoly
b) Monopoly and Monopolistic
c) Perfect and Monopolistic
d) Perfect and oligopoly



Answer
Solution
Correct Answer Is : Oligopoly and Monopoly
Solution Is : An oligopoly is a market structure in which a new firms dominates and monopoly is a market structure in which a firms has unbeaten competition.
All economic goods are considered as __. In economics.

a) Capital
b) Materials
c) Wealth
d) Money



Answer
Solution
Correct Answer Is : Capital
Solution Is : All economic goods are considered as Capital in economics.
Total demand for goods and services at various levels of employment is called as

a) Market Demand
b) Employment Demand
c) Effective Demand
d) National Demand



Answer
Solution
Correct Answer Is : Effective Demand
Solution Is : Total demand for goods and services at various levels of employment is called as Effective demand.
Relationship between price of related goods and quantity of a particular commodity is called as

a) Cross-demand
b) Price-demand
c) Income-demand
d) Market-demand



Answer
Solution
Correct Answer Is : Cross-demand
Solution Is : Relationship between price of related goods and quantity of a particular commodity is called as Cross-demand.


Exploitation of labour is said to exist when

a) Wage = Marginal Revenue Product
b) Wage < Marginal Revenue Product
c) Wage > Marginal Revenue Product
d) Wage Marginal Revenue Product = 0



Answer
Solution
Correct Answer Is : Wage < Marginal Revenue Product
Solution Is : Exploitation of labour is said to exist when Wage < Marginal Revenue Product


A rising per Capita Income will indicate a better welfare if it is accompanied by

a) Unchanged income distribution overall
b) Changed income distribution in favour of rich
c) Changed income distribution in favour of poor
d) Changed income distribution in favour of industrial labour



Answer
Solution
Correct Answer Is : Changed income distribution in favour of poor
Solution Is : A rising per Capita Income will indicate a better welfare if it is accompanied by changed income distribution in favour of poor
Q.Indirect taxes by nature are

a) Digressive
b) Regressive
c) Progressive
d) Proportional



Answer
Solution
Correct Answer Is : Regressive
Solution Is : Indirect taxes by nature are regressive
PREVIOUS

Preparation for Exams

script type="text/javascript">