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  • SSC CHSL Exam SSC CHSL General Awareness Study Material

Digitization help student to explore and study their academic courses online, as this gives them flexibility and scheduling their learning at their convenience. Kidsfront has prepared unique course material of SSC CHSL General Awareness Economy for SSC CHSL Exam student. This free online SSC CHSL General Awareness study material for SSC CHSL Exam will help students in learning and doing practice on Economy topic of SSC CHSL Exam SSC CHSL General Awareness. The study material on Economy, help SSC CHSL Exam SSC CHSL General Awareness students to learn every aspect of Economy and prepare themselves for exams by doing online test exercise for Economy, as their study progresses in class. Kidsfront provide unique pattern of learning SSC CHSL General Awareness with free online comprehensive study material and loads of SSC CHSL Exam SSC CHSL General Awareness Economy exercise prepared by the highly professionals team. Students can understand Economy concept easily and consolidate their learning by doing practice test on Economy regularly till they excel in SSC CHSL General Awareness Economy.


Economy
GNP differs from NNP due to

a) Interest on public debt
b) Depreciation
c) Net indirect taxes
d) Direct taxes



Answer
Correct Answer Is : Depreciation
Solution Is :
Disguised unemployment means

a) Insufficiency of capital structure to absorb the large labour force
b) More people working, than required
c) Willing to work and not getting the work
d) Not getting work on all days throughout the year



Answer
Correct Answer Is : More people working, than required
Solution Is :
Devalution Means

a) Depreciation of the fixed assets
b) Increase in the currency value in terms of foreign currency
c) Reduction in the external value of currency
d) Fall in valuation of the essentials in an economy



Answer
Correct Answer Is : Reduction in the external value of currency
Solution Is :
Q.Which market forms allow free entry and exit of firms?

a) Oligopoly and Monopoly
b) Monopoly and Monopolistic
c) Perfect and Monopolistic
d) Perfect and oligopoly



Answer
Correct Answer Is : Oligopoly and Monopoly
Solution Is :
All economic goods are considered as __. In economics.

a) Capital
b) Materials
c) Wealth
d) Money



Answer
Correct Answer Is : Capital
Solution Is :
Total demand for goods and services at various levels of employment is called as

a) Market Demand
b) Employment Demand
c) Effective Demand
d) National Demand



Answer
Correct Answer Is : Effective Demand
Solution Is :
Relationship between price of related goods and quantity of a particular commodity is called as

a) Cross-demand
b) Price-demand
c) Income-demand
d) Market-demand



Answer
Correct Answer Is : Cross-demand
Solution Is :


Exploitation of labour is said to exist when

a) Wage = Marginal Revenue Product
b) Wage < Marginal Revenue Product
c) Wage > Marginal Revenue Product
d) Wage Marginal Revenue Product = 0



Answer
Correct Answer Is : Wage < Marginal Revenue Product
Solution Is :


A rising per Capita Income will indicate a better welfare if it is accompanied by

a) Unchanged income distribution overall
b) Changed income distribution in favour of rich
c) Changed income distribution in favour of poor
d) Changed income distribution in favour of industrial labour



Answer
Correct Answer Is : Changed income distribution in favour of poor
Solution Is :
Q.Indirect taxes by nature are

a) Digressive
b) Regressive
c) Progressive
d) Proportional



Answer
Correct Answer Is : Regressive
Solution Is :
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