7.
The TEAM-9 initiative is a techno economic cooperation venture between India and eight countries of
Answer : D. West Africa
8.
Which one among the following is not true for Special Economic Zones?
Answer : D. No permission for subcontracting
9.
Economic development depends on
Answer : D. All of the above
10.
The term stagflation refers to a situation where
Answer : C. Rate of growth is slower than the rate of price increase
11.
In Economics the terms ‘Utility’ and ‘Usefulness’ have
Answer : B. Different meaning
12.
The terms "Micro Economics" and "Macro Economics" were coined by
Answer : C. Ragner Frisch