1- 13 th Finance Commission was
constituted under the Chairmanship of—
(A) Y.
S. P. Thorat
(B)
Vijai L. Kelkar
(C) T.
S. Vijayan
(D)
Laxmi Narayan
Ans :
(B)
2-SEBI
is a—
(A)
Statutory body
(B)
Advisory body
(C)
Constitutional body
(D) Non-statutory
body
Ans :
(A)
3- When was the SAARC established ?
(A) On
December 8, 1984
(B) On
January 1, 1984
(C) On
December 8, 1985
(D) On
January 1, 1985
Ans :
(C)
4- What is the present number of member
countries of European Economic Community ?
(A) 15
(B) 12
(C) 25
(D) 20
Ans :
(B)
5-Which Committee recommended abolition of tax
rebates under section 88 ?
(A)
Chelliah Committee
(B)
Kelkar Committee
(C)
Shome Committee
(D)
None of the above
Ans :
(B)
6- Which
of the following countries is not the members of European Union ?
(A)
Switzerland
(B)
Malta
(C) The
Czeck Republic
(D)
Poland
Ans :
(A)
7- Pradhanmantri Bharat Jodo Pariyojna is related
to—
(A)
Communication
(B)
Social Integration
(C)
Linking of Rivers
(D)
Development of Highways
Ans :
(D)
8 ‘Sagarmala’ is a name associated with—
(A) A
drilling vessel
(B) A
project of port development
(C) Oil
well in Indian Ocean
(D)
None of the above
Ans :
(B)
9- Tarapore
Committee submitted its report on “Full Convertibility on Rupee” in—
(A)
Current account
(B)
Capital account
(C)
Both in current as well as in capital account
(D)
Special Drawing Rights (SDR)
Ans :
(B)
10- CENVAT is related to—
(A)
Sales Tax
(B)
Excise Duty
(C)
Custom Duty
(D)
Service Tax
Ans :
(B)
11- Aam Admi Bima Yojana provides social
security to—
(A) All
labours in rural areas
(B) All
landless labours living below poverty line in rural areas
(C) All
labours in urban areas
(D) All
labours in both rural as well as urban areas
Ans :
(B)
12- The
headquarters of World Bank is situated at—
(A) Manila
(B) Washington D.C.
(C) New York
(D) Geneva
Ans : (B)
13- SEBI has reduced the process duration time limit of ‘Right Issues’ from 109 days to—
(A) 89 days
(B) 72 days
(C) 62 days
(D) 43 days
Ans : (D)
14- VAT has been implemented in India in—
(A) All the States
(B) All the States except U.P.
(C) Only in few States
(D) Most of the States
Ans : (A)
15- Which pair is not correct ?
(A) EXIM Bank—Financing for export-import
(B) RBI—Banker’s bank
(C) IDBI—Industrial finance
(D) FCI—Financial assistance to commercial institutions
Ans : (D)
16- Nirmal Gram Puraskar is associated with—
(A) Rural Drinking Water
(B) Enlarging Forests
(C) Elementary Education
(D) Total Sanitation Campaign
Ans : (D)
17- Which of the following controls the working of share market in India ?
(A) MRTP Act
(B) FERA
(C) BIFR
(D) SEBI
Ans : (D)
18- Which of the following committee is associated with the working on ‘future trading’ effect on retail and wholesale prices of agriculture products ?
(A) Tendulkar Committee
(B) Abhijit Sen Committee
(C) Rakesh Mohan Committee
(D) Y. K. Alagh Committee
Ans : (B)
19- Indian Planning Commission was constituted in—
(A) 1948
(B) 1949
(C) 1950
(D) 1951
Ans : (C)
20- VDIS–1997 became operative between—
(A) 1.4.97 to 31.12.97
(B) 1.4.97 to 31.3.98
(C) 1.7.97 to 31.3.98
(D) 1.7.97 to 31.12.97
Ans : (D)
21- Union government has changed the base year for estimating country’s Gross Domestic Product (GDP)—
(A) from 2000-01 to 2004-05
(B) from 1999-2000 to 2004-05
(C) from 1993-94 to 2004-05
(D) from 1999-2000 to 2003-04
Ans : (B)
22- World Bank has raised the standard of measuring population below poverty line from one dollar per day to—
(A) $ 1•25 per day
(B) $ 1•5 per day
(C) $ 1•75 per day
(D) $ 2•0 per day
Ans : (A)
23- The First ‘Garib Rath’ has been flagged off between—
(A) Delhi—Patna
(B) Delhi—Chennai
(C) Delhi—Mumbai
(D) Amritsar—Saharsa
Ans : (D)
24- ‘Big Digital TV DTH’ is the new broadcasting service of DTH launched by—
(A) Sahara Group
(B) Mukesh Ambani Group
(C) Anil Ambani Group
(D) Bharti Airtel Group
Ans : (C)
25- The process of budget making after re-evaluating every item of expenditure in every financial year is known as—
(A) Performance Budgeting
(B) Deficit Budgeting
(C) Zero Based Budgeting
(D) Fresh Budgeting
Ans : (C)
26- Which of the following is not the member of EEC ?
(A) Poland
(B) Germany
(C) Italy
(D) U.K.
Ans : (A)
27- Which place India holds in milk production ?
(A) Fourth
(B) Third
(C) Second
(D) First
Ans : (D)
28-Which of the following public sector enterprises is not in the list of companies being considered for ‘Maharatna’ status ?
(A) ONGC
(B) SAIL
(C) NTPC
(D) OIL
Ans : (D)
29- Asian Development Fund was created by—
(A) Asian Development Bank
(B) World Bank
(C) IMF
(D) SAARC
Ans : (A)
30- Bhandari Committee was related to—
(A) The entry of private units in telecommunication sector
(B) The reorganisation of Railway Zones
(C) The reconstruction of RRB
(D) The reforms in oil sector
Ans : (C)
31-What is Green Gold ?
(A) Tea
(B) Coffee
(C) Gold
(D) Rice
Ans : (A)
32- The headquarters of ILO is at—
(A) Washington
(B) Geneva
(C) The Hague
(D) Manila
Ans : (B)
33- The headquarters of EEC is in—
(A) Brussels
(B) Maastricht
(C) Washington
(D) London
Ans : (A)
34- The thickest layer of coal is found at—
(A) Singrauli
(B) Dhanbad
(C) Barauni
(D) Sohagpur
Ans : (A)
35- What is ‘Mercosur’ ?
(A) A programme of World Bank for accelerating development work in backward countries
(B) Free Trade Zone of nations of South America
(C) A treaty between Iran and Iraq
(D) A treaty between India and Nepal for trade
Ans : (B)
36- The headquarter of OPEC (Organisation of Petroleum Countries) is at—
(A) Viena
(B) Kuwait City
(C) Algeria
(D) Tehran
Ans : (A)
37- The Leadership Award for excellence in power sector has been bagged by—
(A) Power Grid Corporation
(B) NTPC
(C) Reliance Power
(D) JP Hydro
Ans : (B)
38- Which institution provides long run finance to industries ?
(A) UTI
(B) LIC
(C) GIC
(D) All of these
Ans : (D)
39- Railway Budget in India was separated from general budget in—
(A) 1924-25
(B) 1941-42
(C) 1947-48
(D) 1950-51
Ans : (A)
40- Which is true for ‘Indian Tourism Development Corporation’ ?
(A) It is a public sector enterprise
(B) It was constituted in 1966
(C) It constructs and manages Hotels and Restaurants at various parts of country
(D) All of these
Ans : (D)
41-National Sample Survey (NSS) was established in—
(A) 1950
(B) 1951
(C) 1952
(D) 1947
Ans : (A)
42- In which fuel, the government has decided to mix ‘marker’ for identifying adulteration ?
(A) Kerosene
(B) Diesel
(C) Petrol
(D) All of these
Ans : (A)
43- Which statement is true for Gold Bond Scheme ?
(A) Minimum limit of gold deposit is 500 gms.
(B) No upper limit of gold deposit
(C) No investigation of source of deposited gold
(D) All of these
Ans : (D)
44- According to the latest amendment in Banking Regulation Act, nationalised bank can release a share of total paid up capital upto a maximum ceiling of—
(A) 40%
(B) 49%
(C) 51%
(D) 100%
Ans : (B)
45- Find the odd one out—
(A) NSE
(B) BSE
(C) DSE
(D) SEBI
Ans DI
46- Highly Profitable Public Sector Unit is—
(A) Videsh Sanchar Nigam Ltd.
(B) Oil & Natural Gas Corporation
(C) Indian Oil Corporation
(D) None of the above
Ans -B
47-National Insurance Company Ltd. is a subsidiary of —
(A) Kotak Mahindra
(B) LIC of India
(C) Telco
(D) General Insurance Corporation of India
Ans- D
48- After 1991, the Central Government implemented various far-reaching reforms in the area of taxation. This was based on the recommendations of the—
(A) Wanchoo Committee
(B) Rajah Chelliah Committee
(C) Raj Committee
(D) Narsimham Committee
Ans- B
49- A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as—
(A) Demand Pull inflation
(B) Cost Push inflation
(C) Stagflation
(D) Structural inflation
Ans- A
50- After the initiation of economic reforms in 1991-92, the amount of—
(A) Direct taxes increased and that of indirect taxes decreased in gross tax revenue
(B) Both direct and indirect taxes increased in gross tax revenue
(C) Both direct and indirect taxes decreased in gross tax revenue
(D) Direct taxes decreased and that of indirect taxes increased in gross tax revenue
Ans-B
51- Foreign aid will—
(A) Raise the level of investment
(B) Be used to enlarge technical resources
(C) Be used for building up industries
(D) All of the above
Ans-D
52- Operating surplus arises in the—
(A) Government sector
(B) Income-tax Returns
(C) Agricultural farming
(D) Enterprise sector
Ans- D
53- The most important of the non-tariff trade barriers are—
(A) Quotas
(B) Health regulations
(C) Pollution standards
(D) Labelling and packaging regulations
Ans- A
54- Investment is equal to—
(A) Gross total of all types of physical capital assets
(B) Gross total of all capital assets minus wear and tear
(C) Stock of plants, machines and equipments
(D) None of the above
Ans- B
55- What is NABARD's primary role ?
(A) To provide term loans to state Cooperative Banks
(B) To assist State Governments for share capital contribution
(C) To act as refinance institution
(D) All of the above
Ans- B
56- The sale proceeds of the Government Bonds come under the budget head of—
(A) Revenue Receipts
(B) Current Expenditure
(C) Capital Outlay
(D) Capital Receipts
Ans- D
57- The term utility means—
(A) Usefulness of a commodity
(B) The satisfaction which a commodity yields
(C) The service which a commodity is capable of rendering
(D) None of these
Ans -B
58- Under flexible exchange rate system, the exchang rate is determined by—
(A) The Central Bank of the country
(B) The forces of demand and supply in the foreign exchange market
(C) The price of gold
(D) The purchasing power of currencies
Ans- B
59- The size of the market for a product refers to—
(A) The number of people in the given area
(B) The geographical area served by the producers
(C) The volume of potential sales of the product
(D) The number of potential buyers of the product
Ans- B
60- Economic problem arises mainly due to—
(A) Overpopulation
(B) Unemployment
(C) Scarcity of resources
(D) Lack of small industries
Ans- C
(A) Manila
(B) Washington D.C.
(C) New York
(D) Geneva
Ans : (B)
13- SEBI has reduced the process duration time limit of ‘Right Issues’ from 109 days to—
(A) 89 days
(B) 72 days
(C) 62 days
(D) 43 days
Ans : (D)
14- VAT has been implemented in India in—
(A) All the States
(B) All the States except U.P.
(C) Only in few States
(D) Most of the States
Ans : (A)
15- Which pair is not correct ?
(A) EXIM Bank—Financing for export-import
(B) RBI—Banker’s bank
(C) IDBI—Industrial finance
(D) FCI—Financial assistance to commercial institutions
Ans : (D)
16- Nirmal Gram Puraskar is associated with—
(A) Rural Drinking Water
(B) Enlarging Forests
(C) Elementary Education
(D) Total Sanitation Campaign
Ans : (D)
17- Which of the following controls the working of share market in India ?
(A) MRTP Act
(B) FERA
(C) BIFR
(D) SEBI
Ans : (D)
18- Which of the following committee is associated with the working on ‘future trading’ effect on retail and wholesale prices of agriculture products ?
(A) Tendulkar Committee
(B) Abhijit Sen Committee
(C) Rakesh Mohan Committee
(D) Y. K. Alagh Committee
Ans : (B)
19- Indian Planning Commission was constituted in—
(A) 1948
(B) 1949
(C) 1950
(D) 1951
Ans : (C)
20- VDIS–1997 became operative between—
(A) 1.4.97 to 31.12.97
(B) 1.4.97 to 31.3.98
(C) 1.7.97 to 31.3.98
(D) 1.7.97 to 31.12.97
Ans : (D)
21- Union government has changed the base year for estimating country’s Gross Domestic Product (GDP)—
(A) from 2000-01 to 2004-05
(B) from 1999-2000 to 2004-05
(C) from 1993-94 to 2004-05
(D) from 1999-2000 to 2003-04
Ans : (B)
22- World Bank has raised the standard of measuring population below poverty line from one dollar per day to—
(A) $ 1•25 per day
(B) $ 1•5 per day
(C) $ 1•75 per day
(D) $ 2•0 per day
Ans : (A)
23- The First ‘Garib Rath’ has been flagged off between—
(A) Delhi—Patna
(B) Delhi—Chennai
(C) Delhi—Mumbai
(D) Amritsar—Saharsa
Ans : (D)
24- ‘Big Digital TV DTH’ is the new broadcasting service of DTH launched by—
(A) Sahara Group
(B) Mukesh Ambani Group
(C) Anil Ambani Group
(D) Bharti Airtel Group
Ans : (C)
25- The process of budget making after re-evaluating every item of expenditure in every financial year is known as—
(A) Performance Budgeting
(B) Deficit Budgeting
(C) Zero Based Budgeting
(D) Fresh Budgeting
Ans : (C)
26- Which of the following is not the member of EEC ?
(A) Poland
(B) Germany
(C) Italy
(D) U.K.
Ans : (A)
27- Which place India holds in milk production ?
(A) Fourth
(B) Third
(C) Second
(D) First
Ans : (D)
28-Which of the following public sector enterprises is not in the list of companies being considered for ‘Maharatna’ status ?
(A) ONGC
(B) SAIL
(C) NTPC
(D) OIL
Ans : (D)
29- Asian Development Fund was created by—
(A) Asian Development Bank
(B) World Bank
(C) IMF
(D) SAARC
Ans : (A)
30- Bhandari Committee was related to—
(A) The entry of private units in telecommunication sector
(B) The reorganisation of Railway Zones
(C) The reconstruction of RRB
(D) The reforms in oil sector
Ans : (C)
31-What is Green Gold ?
(A) Tea
(B) Coffee
(C) Gold
(D) Rice
Ans : (A)
32- The headquarters of ILO is at—
(A) Washington
(B) Geneva
(C) The Hague
(D) Manila
Ans : (B)
33- The headquarters of EEC is in—
(A) Brussels
(B) Maastricht
(C) Washington
(D) London
Ans : (A)
34- The thickest layer of coal is found at—
(A) Singrauli
(B) Dhanbad
(C) Barauni
(D) Sohagpur
Ans : (A)
35- What is ‘Mercosur’ ?
(A) A programme of World Bank for accelerating development work in backward countries
(B) Free Trade Zone of nations of South America
(C) A treaty between Iran and Iraq
(D) A treaty between India and Nepal for trade
Ans : (B)
36- The headquarter of OPEC (Organisation of Petroleum Countries) is at—
(A) Viena
(B) Kuwait City
(C) Algeria
(D) Tehran
Ans : (A)
37- The Leadership Award for excellence in power sector has been bagged by—
(A) Power Grid Corporation
(B) NTPC
(C) Reliance Power
(D) JP Hydro
Ans : (B)
38- Which institution provides long run finance to industries ?
(A) UTI
(B) LIC
(C) GIC
(D) All of these
Ans : (D)
39- Railway Budget in India was separated from general budget in—
(A) 1924-25
(B) 1941-42
(C) 1947-48
(D) 1950-51
Ans : (A)
40- Which is true for ‘Indian Tourism Development Corporation’ ?
(A) It is a public sector enterprise
(B) It was constituted in 1966
(C) It constructs and manages Hotels and Restaurants at various parts of country
(D) All of these
Ans : (D)
41-National Sample Survey (NSS) was established in—
(A) 1950
(B) 1951
(C) 1952
(D) 1947
Ans : (A)
42- In which fuel, the government has decided to mix ‘marker’ for identifying adulteration ?
(A) Kerosene
(B) Diesel
(C) Petrol
(D) All of these
Ans : (A)
43- Which statement is true for Gold Bond Scheme ?
(A) Minimum limit of gold deposit is 500 gms.
(B) No upper limit of gold deposit
(C) No investigation of source of deposited gold
(D) All of these
Ans : (D)
44- According to the latest amendment in Banking Regulation Act, nationalised bank can release a share of total paid up capital upto a maximum ceiling of—
(A) 40%
(B) 49%
(C) 51%
(D) 100%
Ans : (B)
45- Find the odd one out—
(A) NSE
(B) BSE
(C) DSE
(D) SEBI
Ans DI
46- Highly Profitable Public Sector Unit is—
(A) Videsh Sanchar Nigam Ltd.
(B) Oil & Natural Gas Corporation
(C) Indian Oil Corporation
(D) None of the above
Ans -B
47-National Insurance Company Ltd. is a subsidiary of —
(A) Kotak Mahindra
(B) LIC of India
(C) Telco
(D) General Insurance Corporation of India
Ans- D
48- After 1991, the Central Government implemented various far-reaching reforms in the area of taxation. This was based on the recommendations of the—
(A) Wanchoo Committee
(B) Rajah Chelliah Committee
(C) Raj Committee
(D) Narsimham Committee
Ans- B
49- A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as—
(A) Demand Pull inflation
(B) Cost Push inflation
(C) Stagflation
(D) Structural inflation
Ans- A
50- After the initiation of economic reforms in 1991-92, the amount of—
(A) Direct taxes increased and that of indirect taxes decreased in gross tax revenue
(B) Both direct and indirect taxes increased in gross tax revenue
(C) Both direct and indirect taxes decreased in gross tax revenue
(D) Direct taxes decreased and that of indirect taxes increased in gross tax revenue
Ans-B
51- Foreign aid will—
(A) Raise the level of investment
(B) Be used to enlarge technical resources
(C) Be used for building up industries
(D) All of the above
Ans-D
52- Operating surplus arises in the—
(A) Government sector
(B) Income-tax Returns
(C) Agricultural farming
(D) Enterprise sector
Ans- D
53- The most important of the non-tariff trade barriers are—
(A) Quotas
(B) Health regulations
(C) Pollution standards
(D) Labelling and packaging regulations
Ans- A
54- Investment is equal to—
(A) Gross total of all types of physical capital assets
(B) Gross total of all capital assets minus wear and tear
(C) Stock of plants, machines and equipments
(D) None of the above
Ans- B
55- What is NABARD's primary role ?
(A) To provide term loans to state Cooperative Banks
(B) To assist State Governments for share capital contribution
(C) To act as refinance institution
(D) All of the above
Ans- B
56- The sale proceeds of the Government Bonds come under the budget head of—
(A) Revenue Receipts
(B) Current Expenditure
(C) Capital Outlay
(D) Capital Receipts
Ans- D
57- The term utility means—
(A) Usefulness of a commodity
(B) The satisfaction which a commodity yields
(C) The service which a commodity is capable of rendering
(D) None of these
Ans -B
58- Under flexible exchange rate system, the exchang rate is determined by—
(A) The Central Bank of the country
(B) The forces of demand and supply in the foreign exchange market
(C) The price of gold
(D) The purchasing power of currencies
Ans- B
59- The size of the market for a product refers to—
(A) The number of people in the given area
(B) The geographical area served by the producers
(C) The volume of potential sales of the product
(D) The number of potential buyers of the product
Ans- B
60- Economic problem arises mainly due to—
(A) Overpopulation
(B) Unemployment
(C) Scarcity of resources
(D) Lack of small industries
Ans- C
61- If the change in demand for a commodity is at
a faster rate than change in the price of the commodity then the demand is—
(A) Perfectly inelastic
(B) Elastic
(C) Perfectly elastic
(D) Inelastic
Ans- B
62- Which of the following is/are not fixed costs ?
(A) Rent on land
(B) Municipal taxes
(C) Wages paid to workers
(D) Insurance charges
Ans- C
63- The demand for money, according to Keynes, is for—
(A) Speculative motive
(B) Transaction motive
(C) Precautionary motive
(D) All the above motives
Ans- D
64- The Reserve Bank of India issues currency notes under the—
(A) Fixed fiduciary system
(B) Maximum fiduciary system
(C) Fixed minimum reserve system
(D) Proportional reserve system
Ans- C
65- The concept of mixed economy means—
(A) To have balanced development in the agricultural and industrial sector
(B) Simultaneous development of the rural and urban sector
(C) To have equal distribution of wealth among the rural and the urban poor
(D) Simultaneous existence of the private and public sector
Ans- B
(A) Perfectly inelastic
(B) Elastic
(C) Perfectly elastic
(D) Inelastic
Ans- B
62- Which of the following is/are not fixed costs ?
(A) Rent on land
(B) Municipal taxes
(C) Wages paid to workers
(D) Insurance charges
Ans- C
63- The demand for money, according to Keynes, is for—
(A) Speculative motive
(B) Transaction motive
(C) Precautionary motive
(D) All the above motives
Ans- D
64- The Reserve Bank of India issues currency notes under the—
(A) Fixed fiduciary system
(B) Maximum fiduciary system
(C) Fixed minimum reserve system
(D) Proportional reserve system
Ans- C
65- The concept of mixed economy means—
(A) To have balanced development in the agricultural and industrial sector
(B) Simultaneous development of the rural and urban sector
(C) To have equal distribution of wealth among the rural and the urban poor
(D) Simultaneous existence of the private and public sector
Ans- B
66- Operating
surplus arises in the—
(A) Government sector
(B) Income-tax Returns
(C) Agricultural farming
(D) Enterprise sector
Ans- D
67- The most important of the non-tariff trade barriers are—
(A) Quotas
(B) Health regulations
(C) Pollution standards
(D) Labelling and packaging regulations
Ans- A
68- Investment is equal to—
(A) Gross total of all types of physical capital assets
(B) Gross total of all capital assets minus wear and tear
(C) Stock of plants, machines and equipments
(D) None of the above
Ans- B
69- What is NABARD's primary role ?
(A) To provide term loans to state Cooperative Banks
(B) To assist State Governments for share capital contribution
(C) To act as refinance institution
(D) All of the above
Ans- A
70- The sale proceeds of the Government Bonds come under the budget head of—
(A) Revenue Receipts
(B) Current Expenditure
(C) Capital Outlay
(D) Capital Receipts
Ans- D
71- The term utility means—
(A) Usefulness of a commodity
(B) The satisfaction which a commodity yields
(C) The service which a commodity is capable of rendering
(D) None of these
Ans- B
72- Under flexible exchange rate system, the exchang rate is determined by—
(A) The Central Bank of the country
(B) The forces of demand and supply in the foreign exchange market
(C) The price of gold
(D) The purchasing power of currencies
Ans- B
73- The size of the market for a product refers to—
(A) The number of people in the given area
(B) The geographical area served by the producers
(C) The volume of potential sales of the product
(D) The number of potential buyers of the product
Ans- D
(A) Government sector
(B) Income-tax Returns
(C) Agricultural farming
(D) Enterprise sector
Ans- D
67- The most important of the non-tariff trade barriers are—
(A) Quotas
(B) Health regulations
(C) Pollution standards
(D) Labelling and packaging regulations
Ans- A
68- Investment is equal to—
(A) Gross total of all types of physical capital assets
(B) Gross total of all capital assets minus wear and tear
(C) Stock of plants, machines and equipments
(D) None of the above
Ans- B
69- What is NABARD's primary role ?
(A) To provide term loans to state Cooperative Banks
(B) To assist State Governments for share capital contribution
(C) To act as refinance institution
(D) All of the above
Ans- A
70- The sale proceeds of the Government Bonds come under the budget head of—
(A) Revenue Receipts
(B) Current Expenditure
(C) Capital Outlay
(D) Capital Receipts
Ans- D
71- The term utility means—
(A) Usefulness of a commodity
(B) The satisfaction which a commodity yields
(C) The service which a commodity is capable of rendering
(D) None of these
Ans- B
72- Under flexible exchange rate system, the exchang rate is determined by—
(A) The Central Bank of the country
(B) The forces of demand and supply in the foreign exchange market
(C) The price of gold
(D) The purchasing power of currencies
Ans- B
73- The size of the market for a product refers to—
(A) The number of people in the given area
(B) The geographical area served by the producers
(C) The volume of potential sales of the product
(D) The number of potential buyers of the product
Ans- D
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