321. Due to new technology production function:
A) Shifts upward
(B) Shifts downward
(C) Remains the same
(D) None of these
322. The real wages will increase in Keynesian model when the price falls due to:
(A) Excess demand
(B) High income
(C) Low income
D) Excess supply
323. In the case of a large open economy by the world financial market, the interest rate is:
(A) Fixed
(B) Not fixed
(C) Zero
D) Lower
324. Big push industrialization is relatively successful in:
(A) South Korea
(B) Russia
C) China
(D) North Korea
325. “Bad money drives out good money” is the law of:
(A) Adam Smith
(B) Keynes
(C) Friedman
D) Gresham
326. “Money is, What money does, not what it is” is written by:
(A) Prof. Sigwick
B) Gresham
(C) Friedman
(D) Keynes
327. Board has the power to make rules under Section _.
(A) 50
B) 49
(C) 49A
(D) 50A
328. Board may prescribe the use of the computerized system under section __.
(A) 50
B) 50A
(C) 49
(D) 49A
329. Appeal to the Appellate Tribunal can be made under section:
A) 45A
B) 45B
C) 46
(D) 47
330. Board establishes the bar of suits prosecution and other legal proceedings under section:
(A) 50
B) 51
(C) 52
(D) 52A
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