UPSC Daily Current Affairs Quiz 27th September 2022 composed by the Gkseries team is very helpful to UPSC aspirants. UPSC Daily Static Quiz: 27 September 2022
UPSC Daily Current Affairs Quiz: 27th September 2022 Read More »
UPSC Daily Static Quiz 27th September 2022 composed by the Gkseries team is very helpful to UPSC aspirants. UPSC Daily Important Topic | 27th September 2022
What was the Personal Data Protection Bill & Its Major Challenges? ✓The Personal Data Protection Bill, 2019 was introduced in Lok Sabha by the Minister of Electronics and Information Technology, on December 11, 2019. ✓Commonly referred to as the “Privacy Bill”, it intended to protect individual rights by regulating the collection, movement, and processing of
Q. The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to: Earnings of management Reward for enterprise Reward for innovation Residual income of a business Answer: Earnings of management
Q. According to Joseph Schumpeter, profit is the reward for: Innovation Uncertainty-bearing Risk-taking Management Answer: Innovation
According to Joseph Schumpeter, profit is the reward for Read More »
Q. Who argued that pure profit can arise only in a dynamic economy? F.H. Knight J.B. Clark Bohm Bawerk Alfred Marshall Answer: J.B. Clark
Who argued that pure profit can arise only in a dynamic economy? Read More »
Q. The classical theory explained interest as a reward for: A. Parting with liquidity B. Abstinence C. Saving D. Inconvenience Answer: Saving
The classical theory explained interest as a reward for Read More »
Q. The demand for liquidity preference is governed by: A. Transaction motives B. Precautionary motives C. Speculative motives D. All of these Answer: All of these
The demand for liquidity preference is governed by Read More »
Q. On which of the following does the demand for money for speculative motive mainly depend? Income Profits Rate of interest General price level Answer: Rate of interest
Q. Which of the following purposes normally does not give rise to the demand for loan able funds? Consumption Saving Investment Hoarding Answer: Saving
