Top 50+ Solved Industrial Economics MCQ Questions Answer
Q. Which efficiency is output maximization from given inputs?
a. allocative
b. productive
c. technical
d. social
Q. Who among the following are associated with dynamic efficiency?
a. h leibenstein
b. r rodan
c. joseph schumpeter
d. lewis
Q. Which efficiency takes in to account all the private and external cost and benefits?
a. allocative
b. productive
c. technical
d. social
Q. Principal agent problem is commonly associated with which sector of the economy?
a. private
b. public
c. both a and b
d. none of these
Q. What causes adverse selection problem?
a. symmetric information
b. asymmetric information
c. none of these
d. lack of demand and supply
Q. Which one of the following does not come under NEP?
a. liberalization
b. globalization
c. privatization
d. socialization
Q. Which of these measures were not taken under LPG?
a. disinvestment
b. devaluation
c. allowing fdi
d. monopoly trade practices
Q. What is meant by globalization?
a. integrating world into a global village
b. allowing more private investment
c. opening and liberalizing the economy
d. none of these
Q. What is meant by liberalization?
a. integrating world into a global village
b. allowing more private investment
c. opening and liberalizing the economy
d. none of these
Q. What is meant by privatization?
a. integrating world into a global village
b. allowing more private investment
c. opening and liberalizing the economy
d. none of these
Q. Which among the following was introduced due to the Structural Adjustment Program?
a. new economic policy
b. new education policy
c. industrial policy
d. national health policy
Q. Which international organisation had offered financial assistance to India during late 1980s?
a. imf and world bank
b. industrial finance corporation
c. international labour organization
d. food and agricultural organization
Q. Which market structure is characterized with one seller and large number of buyers?
a. oligopoly
b. monopoly
c. monopolistic competition
d. duopoly