6. If the demand and supply of a commodity increase by an equal absolute amount, what will be the effect on market price?

(A) Increase
(B) Decrease
(C) Remain Stable
(D) First decrease then increase

Correct Answer: (C) Remain Stable

7. Which among the following is the main feature of Democratic planning?

(A) Inducement
(B) Government
(C) Direction
(D) Flexibility

Correct Answer: (D) Flexibility

8. Which among the following is related to land development?

(A) NABARD
(B) SEBI
(C) NCDC
(D) SARDB

Correct Answer: (D) SARDB

Answer Explanation:
SARDB-State Co-operative Agriculture and Rural Development Bank

9. As per the Lakdawala Formula, which among the following is accepted to estimate “urban poverty”?

(A) Consumer price Index for industrial labors
(B) Consumer price Index for Agriculture
(C) Wholesale Price index
(D) B & C

Correct Answer: (A) Consumer price Index for industrial labors

10. In which year NHB Residex was launched?

(A) 2004
(B) 2005
(C) 2006
(D) 2007

Correct Answer: (D) 2007

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