51. Efficiency of labour in a country is determined by the following except the____________
- A. Social attitude to work
- B. Education and training
- C. Total population
- D. Working conditions of workers
52. The study of Economics becomes necessary because of the______________
- A. Large population size of the world
- B. Scarcity of resources
- C. Opportunity cost of goods and services
- D. Need to satisfy every desire of man
53.
The formula (index of export prices)/(index of import prices) x 100 is used to measure the____________
- A. Volume of trade between countries
- B. direction of international trade
- C. commodity terms of trade
- D. volume of imports
54.Â
| X | 8 | 10 | 12 | 16 | 18 | 20 | 24 |
| F | 2 | 1 | 4 | 3 | 3 | 1 | 6 |
From the table, Calculate the mean?
- A. 24.0
- B. 17.0
- C. 18
- D. 27.2
45. The number of people who are qualified to work and who offer themselves for employment is called____________?
- A. Migrant labour
- B. Working population
- C. Labor turnover
- D. Mobility of Labour
 56. A country’s budget allocation to various sectors of the economy is shown in the pie chart .
What is the ratio of expenditure of health to Agriculture?
- A. 2:3
- B. 3:4
- C. 4:3
- D. 5:4
57. Which of the following is an invisible item?
- A. Petroleum services
- B. Processed rice
- C. Processed milk
- D. Banking services
58. The population density of a town made up of 50 square kilometer land area and 100 million people is________
- A. 50,000 people per square kilometer
- B. 2 million people per square kilometer 
- C. 0.5 million people per square kilometer
- D. 20 million people per square kilometer
59. The establishment of industries in rural areas will help to reduce____________-
- A. Urban-Rural migration
- B. Rural-Urban migration
- C. Rural-Rural migration
- D. Urban-Urban migration
 60. The use of income and expenditure instruments or policies to control or regulate the economic activities of a country is known as?
- A. Revenue generation
- B. Economic development
- C. Fiscal Policy
- D. Taxation
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