(IGP) GS Paper 1 - Economic & Social Development - "Economics: An Introduction: MCQ"

Integrated Guidance Programme of General Studies for IAS (Pre)

Subject - Economic and Social Development
Chapter - Economics: An Introduction (Part -1)

1. Consider the following statements.

  1. Macro economics examines the economic behavior of individual.
     
  2. Microeconomics studies national income, poverty employment etc.

        Which of the above statements is / are true.

  1. Both 1 & 2
  2. 1 only
  3. 2 only
  4. Neither 1 nor 2

2. Consider the following statements.

  1. Keynesian theory says that state cant stimulate economic growth.
     
  2. Keynesian theory were first published in the General theory of Employment.
     
  3. Keynesian theory can work only in developed country.

        Which of the above statements is / are true.

  1. 2 only
  2. 1 & 3 only
  3. 1 & 2 only
  4. 1, 2 & 3 only

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