Sectional test

Economic Development (Prelims GS) Test 10

• 25 questions
• 20 minutes
• +1 right · −0.25 wrong
• 0 students ranked

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First questions

1. The working of the price mechanism in a free-market economy refers to which one of the following ?
2. Which one of the following is true of a pure voluntary exchange between two parties A and B ?
3. Which one of the following central features is not associated with Capitalist Economy ?