Capitalism

Q.

Why did RBI have to change its role from controller to facilitator of financial sector in India?

Q.

In which mode of production are market forces of supply and demand the key players?

1. Fascist

2. Communist

3. Capitalist

4. Socialist

Q. Which of the following is a positive feature of a market economy?

1. Low income inequality
2. High income inequality
3. Efficient production
4. Equal allocation of resources across all goods

Q.

In the development model of USA and Britain, one the biggest innovations was in the sector of:

1. Finance

2. Health

3. Transport

4. Infrastructure

Q.

In the development model of USA and Britain, one of the biggest innovations was in the sector of:

1. Finance

2. Transport

3. Infrastructure

4. Health

Q.

In a capitalist economy, the goods that are bought and sold in the market are determined by:

1. Want

2. Desire

3. Need

4. Affordability

Q. How does a market economy resolve the problem of for whom to produce?

1. Government regulations
2. Purchasing power
3. Commodity index
4. Trade associations decision

Q. The market period is related to ______.

1. very short period
2. short period
3. very long period
4. long period

Q.

In which mode of production are market forces of supply and demand the key players?

1. Socialist

2. Capitalist

3. Fascist

4. Communist