Question : Which of the following is an example of positive economics?

Option 1: Increasing the minimum wage will reduce poverty rates.

Option 2: The government should prioritize environmental sustainability over economic growth.

Option 3: Free trade improves overall economic welfare.

Option 4: The distribution of wealth in society is unjust.

Question : Which of the following is an example of positive economics?

Option 1: The government should regulate monopolistic behavior to protect consumers.

Option 2: Supply and demand determine market prices.

Option 3: Wealth should be redistributed to achieve social equality.

Option 4: Economic policies should prioritize environmental sustainability.

Question : Which is the biggest tax-paying sector in India as of 2016?

Option 1: Agriculture sector

Option 2: Industrial sector

Option 3: Transport sector

Option 4: Banking sector

Question : Which of the following is an example of positive economics?

Option 1: The government should invest more in renewable energy sources.

Option 2: Higher taxes on cigarettes will reduce smoking rates.

Option 3: Income inequality is a moral issue that needs to be addressed.

Option 4: Economic growth is essential for societal well-being.

Question : Banking comes under which of the following sectors?

Option 1: Primary sector

Option 2: Secondary sector

Option 3: Tertiary sector

Option 4: Both secondary and tertiary sector