RRB JE Mock Test 2019

1. ‘Galloping Inflation’ is also known as            (2)

1. 1. Walking Inflation
2. 2. Hyper Inflation
3. 3. Running Inflation
4. 4. Normal Inflation

2. Curve describing the variation of household expenditure on a particular good with respect to household income is known as ?            (2)

1. 1. Phillips curve
2. 2. Engel curve
3. 3. Great Gatsby curve
4. 4. Supply curve

3. Malthusian theory is associated with?              (1)

1. 1. Population
2. 2. Employment
3. 3. Diseases
4. 4. None of these

4. What happens when there is a demand deficiency in an economy?       (2)

1. 1. Poverty
2. 2. Stagnation
3. 3. Recession
4. 4. Inflation

5. Which of the following market is related to Backward bending supply curve?           (4)

1. 1. Capital
2. 2. Real estate
3. 3. Money
4. 4. Labour