Deck 2: Financial Ratios, Efficiency, and Economic Policies

Question 1

Which one of the following does not come under liquidity ratio?

A)cash coverage ratio
B)current ratio
C)quick ratio
D)debt to equity ratio

Answer 1

debt to equity ratio

Question 2

Which one of the following does not come under profitability ratio?

A)gross profit ratio
B)net profit ratio
C)current ratio
D)return on equity

Answer 2

current ratio

Question 3

Which is a common method of measuring technological progress?

A)solow residual
B)total product
C)average product
D)gini coefficient

Answer 3

solow residual

Question 4

……….. refers to the total productivity of all inputs taken together.

A)total factor productivity
B)marginal product
C)average product
D)average revenue

Question 5

Which type of efficiency combines resources with lowest average cost?

A)allocative
B)productive
C)technical
D)social

Question 6

Which efficiency is output maximization from given inputs?

A)allocative
B)productive
C)technical
D)social

Question 7

Who developed the concept of X efficiency?

A)h leibenstein
B)r rodan
C)nurkse
D)lewis

Question 8

Who among the following are associated with dynamic efficiency?

A)h leibenstein
B)r rodan
C)joseph schumpeter
D)lewis

Question 9

Which efficiency takes in to account all the private and external cost and benefits?

A)allocative
B)productive
C)technical
D)social

Question 10

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

Question 11

The Lemons problem was first analysed by

A)h leibenstein
B)r rodan
C)george akerlof
D)lewis

Question 12

What causes adverse selection problem?

A)symmetric information
B)asymmetric information
C)none of these
D)lack of demand and supply

Question 13

Which one of the following does not come under NEP?

A)liberalization
B)globalization
C)privatization
D)socialization

Question 14

Which of these measures were not taken under LPG?

A)disinvestment
B)devaluation
C)allowing fdi
D)monopoly trade practices

Question 15

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

Question 16

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

Question 17

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

Question 18

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

Question 19

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

Question 20

Which market structure is characterized with one seller and large number of buyers?

A)oligopoly
B)monopoly
C)monopolistic competition
D)duopoly

Question 21

Why do government regulate monopolies?

A)prevent excess prices
B)promote competition
C)promote welfare
D)all of these