Question : What is the full form of NNP?

Option 1: Normal Net Production

Option 2: Net National Product

Option 3: Normal National Produce

Option 4: Net Normal Produce

Question : Any factor of production can earn economic rent when the supply is:

Option 1: perfectly elastic

Option 2: perfectly inelastic

Option 3: elastic in nature

Option 4: all of the above

Question : A policy which involves fixing the maximum size of land which could be owned by an individual is called ______.

Option 1: land ceiling

Option 2: land capping

Option 3: land mapping

Option 4: land jamming

Question : Which one of the following reflects more sunlight as compared to the other three?

Option 1: Sand desert

Option 2: Land covered with fresh snow

Option 3: Prairies land

Option 4: Paddy crop land

Question : The price of land passing through three hands rises on the whole by 65%. The first and second sellers earned 20% and 25% profit, respectively. Find the profit percentage earned by the third seller.

Option 1: 10%

Option 2: 20%

Option 3: 25%

Option 4: 15%