Test: Functions And Scope Of Government In Economic Affairs


10 Questions MCQ Test Business and Commercial Knowledge | Test: Functions And Scope Of Government In Economic Affairs


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This mock test of Test: Functions And Scope Of Government In Economic Affairs for CA CPT helps you for every CA CPT entrance exam. This contains 10 Multiple Choice Questions for CA CPT Test: Functions And Scope Of Government In Economic Affairs (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Functions And Scope Of Government In Economic Affairs quiz give you a good mix of easy questions and tough questions. CA CPT students definitely take this Test: Functions And Scope Of Government In Economic Affairs exercise for a better result in the exam. You can find other Test: Functions And Scope Of Government In Economic Affairs extra questions, long questions & short questions for CA CPT on EduRev as well by searching above.
QUESTION: 1

What among the following is NOT an example of 'public goods'?

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QUESTION: 2

What among the following is NOT an example of 'private goods'?

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QUESTION: 3

The function of a government to provide goods that cannot normally be provided by market mechanisms between individual customers and producers, is known as:

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QUESTION: 4

The function of a government to fairly share the public's resources is known as

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QUESTION: 5

The function of a government by which it seeks to seek a balance of employment, demand-supply, and inflation, is known as:

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QUESTION: 6

The Government Budget consists of which main component/s?

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QUESTION: 7

Loans raised by the government from the public are known as:

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QUESTION: 8

Whenever the government spends more than it collects through revenue, the resulting imbalance is known as :

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QUESTION: 9

The idea that government's fiscal policy can be used to stabilize the level of output and employment can be attributed to which of the following economists:

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John Maynard Keynes's 1936 book, 'The General Theory of Employment, Interest, and Money' laid the foundations for Macroeconomics 

QUESTION: 10

The deliberate action of the government to stabilize the economy, as opposed to the inherent automatic stabilizing properties of the fiscal system, is known as

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