Indian army has published the notification for SSC Tech 56 men and SSC Tech 27 women for the course commencing at OTA Chennai from April 2021
The “trickle down” strategy of poverty reduction relies on
International Aid
Ecological Conservation
Subsidized public services
Economic growth
In a perfectly competitive market, the equilibrium market price of goods is determined by
Total capital stock of the economy
Marginal cost and Marginal revenue
Average cost of production
Employment-output ratio
In Market socialism
Shift to imperative planning occurs in a capitalistic economy
Complete control of market resources by the State is a norm.
Production is not centrally planned but mediated through the market.
Factors of production are owned entirely by workers in each company
Rolling Back of the state’ is a popular catchphrase in economics. It is least likely to be used in the context of a
Communist economy
Socialist Economy
Economy following indicative planning
Capitalist economy
Public goods are those goods that are
Subsidized by the government to reduce the cost to the consumer
To be ideally provided by the government since private enterprises may not find it economically viable
Produced by the state owned enterprises in strategic interest
Consumed by more than one individual
