Economics Past Questions and Answers

A country's budget allocation to various sectors of the economy is shown in the pie chart .<br/>What is the ratio of expenditure of health to Agriculture?

A 2:3
B 3:4
C 4:3
D 5:4

Question 112:

Which of the following is an invisible item?

A Petroleum services
B Processed rice
C Processed milk
D Banking services

Question 113:

The population density of a town made up of 50 square kilometer land area and 100 million people is________

A 50,000 people per square kilometer
B 2 million people per square kilometer
C 0.5 million people per square kilometer
D 20 million people per square kilometer

Question 114:

The establishment of industries in rural areas will help to reduce____________-

A Urban-Rural migration
B Rural-Urban migration
C Rural-Rural migration
D Urban-Urban migration

Question 115:

The use of income and expenditure instruments or policies to control or regulate the economic activities of a country is known as?

A Revenue generation
B Economic development
C Fiscal Policy
D Taxation