MCQ
The planning commission was replaced by _______
- ✓NITI Aayog
- BPlanning group
- CFinance commission
- DNone of the above
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| a) | Point elasticity | Upper segment / Lower segment | |
| b) | The law of equimarginal utility | Gossen's second law | |
| c) | Giffen paradox | Ragi, Cholam | |
| d) | Veblen effect | Diamond | |
| a) | Gross profit | 1) | Total revenue - Total cost | |
| b) | Net profi | 2) | Gross profit - Implicit cost | |
| c) | Normal profit | 3) | Minimum expected return | |
| d) | Super normal profit | 4) | Actual profit - Normal profit | |
| a) | Mono poly | 1) | Few seller |
| b) | Duopoly | 2) | Single buyer |
| c) | Oligopoly | 3) | Single seller |
| d) | Monopsony | 4) | Two seller |
| a) | Dr. Raj Krishna | Low rate of economic growth | |
| b) | Narasimman committee | Reduction in interest rate | |
| c) | Chelliah committee | Special economic zone | |
| d) | Crop insurance | Chief minister | |