Question : The existence of a Parallel Economy or Black Money

Option 1: makes the economy more competitive 

Option 2: makes the monetary policies less effective

Option 3: ensures a better distribution of income and wealth

Option 4: ensures inceasing productive investment

Question : The theory of distribution relates to which of the following ?

Option 1: The distribution of assets .

Option 2: The distibution of income .

Option 3: The distribution of factor payment .

Option 4: Equality in distribution of the income and wealth.

Question : The study of factor pricing is alternatively called the theory of 

Option 1: Functional distribution .

Option 2: Personal distribution.

Option 3: Income distribution.

Option 4: Wealth distribution .

Question : Which type of tax acts as an automatic stabiliser in the economy?

Option 1: Professional tax

Option 2: Wealth tax

Option 3: Capital gains tax

Option 4: Proportional income tax

Question : If A's income is 60% less than B's income, then B's income is what percentage more than that of A's income?

Option 1: 40%

Option 2: 150%

Option 3: 120%

Option 4: 80%

Question : Which of the following is not a feature of a capitalist economy?

Option 1: Right to private property

Option 2: Existence of competition

Option 3: Service motive

Option 4: Freedom of choice for consumers