Question : Insensitive cultivation refers to:

Option 1: production with insensitive use of labour

Option 2: production with intensive use of fertiliser

Option 3: raising production by intensive use of existing land

Option 4: raising production by large-scale use of imported inputs

Question : Buildings, machinery, tools, and equipment are a few examples of the capital goods that firms employ to produce their goods and services.

Option 1: Consumer goods

Option 2: Inferior goods

Option 3: Intermediate goods

Option 4: Capital goods

Question : Excise duty is levied on

Option 1: Sale of goods

Option 2: Production of goods

Option 3: Import of goods

Option 4: Export of goods

Question : Which of the following is an indirect tax?

Option 1: Capital gains tax

Option 2: Goods and services tax

Option 3: Wealth tax

Option 4: Gift tax

Question : An indifference curve measures the same level of:

Option 1: output from two factors

Option 2: satisfaction from two commodities

Option 3: satisfaction from income and capital

Option 4: satisfaction from expenditure and saving