351. Microeconomics is also known as:
A) Price theory
(B) Demand theory
C) Income theory
D) Expenditure theory
352. The basic IS-LM model was constructed by:
A) Keynes
(B) Ricardo
(C) Smith
D) Hicks
353. An economic model describing the working of an economy consists of:
A) Functional relationships
(B) Family relationships
C) Economic position
(D) Stagnant relationships
354. Price mechanism has also given the name:
A) Flicandian-lane
(B) Laissez-faire
C) Price system
(D) None of these
355. ”What money is written by, not what it does, is:
(A) Prof. Sigwick
B) Gresham
(C) Friedman
(D) Keynes
356. Big push industrialization is relatively successful in:
A) South Korea
(B) Russia
C) China
(D) North Korea**
357. Section __ of the Limitation Act 1908 shall apply to an application made to the High Court under subsection.
(A) 7
B) 1
(C) 9
(D) 10
358. According to Section 48, Sub-Section 1, Clause (c) the Officer of Inland Revenue may take the following actions for the recovery of arrests of tax?
(A) Seal the Business Premises
B) Stop removal of any goods from business premises
(C) Attach and Sell or sell without attachment any movable or immovable property of the registered person
(D) A & B from the Above
359. A liquidator is required to give written notice to the commissioner within _ days of being appointed.
(A) 14
(B) 15
C) 30
(D) 60
360. An Application to the High Court by a person other than the Additional Commissioner authorized by the Commissioner shall be accompanied by a fee of:
A) One hundred Rupees
(B) Five Hundred Rupees
(C) One Thousand Rupees
(D) Five Thousand Rupees
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