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TRB MODEL QUESTIONS FOR ECONOMICS

6. The father of New Economics is
 
  • A. Marshall
  • B. J.M.Keynes
  • C. Adam Smith
  • D. Karl Marx
 
7. Economics is a
 
  • A. positive science
  • B. normative science
  • C. both
  • D. none
 
 
8. In ------- economy, private sector forms an important constituent.
 
  • A. mixed
  • B. socialist
  • C. traditional
  • D. capitalist
 
9. ------ budgets consist of capital receipts and capital payments.
 
  • A. capital
  • B. balanced
  • C. revenue
  • D. unbalanced
 
10. In ZBB every year is considered as a
 
  • A. base year
  • B. new year
  • C. academic year
  • D. financial year