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This set of Industrial Economics Multiple Choice Questions & Answers (MCQs) focuses on Industrial Economics Set 2
Q1 | Which one of the following does not come under liquidity ratio?
- cash coverage ratio
- current ratio
- quick ratio
- debt to equity ratio
Q2 | Which one of the following does not come under profitability ratio?
- gross profit ratio
- net profit ratio
- current ratio
- return on equity
Q3 | Which is a common method of measuring technological progress?
- solow residual
- total product
- average product
- gini coefficient
Q4 | ……….. refers to the total productivity of all inputs taken together.
- total factor productivity
- marginal product
- average product
- average revenue
Q5 | Which type of efficiency combines resources with lowest average cost?
- allocative
- productive
- technical
- social
Q6 | Which efficiency is output maximization from given inputs?
- allocative
- productive
- technical
- social
Q7 | Who developed the concept of X efficiency?
- h leibenstein
- r rodan
- nurkse
- lewis
Q8 | Who among the following are associated with dynamic efficiency?
- h leibenstein
- r rodan
- joseph schumpeter
- lewis
Q9 | Which efficiency takes in to account all the private and external cost and benefits?
- allocative
- productive
- technical
- social
Q10 | Principal agent problem is commonly associated with which sector of the economy?
- private
- public
- both a and b
- none of these
Q11 | The Lemons problem was first analysed by
- h leibenstein
- r rodan
- george akerlof
- lewis
Q12 | What causes adverse selection problem?
- symmetric information
- asymmetric information
- none of these
- lack of demand and supply
Q13 | Which one of the following does not come under NEP?
- liberalization
- globalization
- privatization
- socialization
Q14 | Which of these measures were not taken under LPG?
- disinvestment
- devaluation
- allowing fdi
- monopoly trade practices
Q15 | What is meant by globalization?
- integrating world into a global village
- allowing more private investment
- opening and liberalizing the economy
- none of these
Q16 | What is meant by liberalization?
- integrating world into a global village
- allowing more private investment
- opening and liberalizing the economy
- none of these
Q17 | What is meant by privatization?
- integrating world into a global village
- allowing more private investment
- opening and liberalizing the economy
- none of these
Q18 | Which among the following was introduced due to the Structural Adjustment Program?
- new economic policy
- new education policy
- industrial policy
- national health policy
Q19 | Which international organisation had offered financial assistance to India during late 1980s?
- imf and world bank
- industrial finance corporation
- international labour organization
- food and agricultural organization
Q20 | Which market structure is characterized with one seller and large number of buyers?
- oligopoly
- monopoly
- monopolistic competition
- duopoly
Q21 | Why do government regulate monopolies?
- prevent excess prices
- promote competition
- promote welfare
- all of these