In the circular flow of income, injections include: MCQ with Answer and Explanation

Question

Share Report Error

In the circular flow of income, injections include:

A. investment, government expenditure and exports

B. saving, taxes and imports

C. wages and rent

D. consumption and saving

Answer: Option A

Solution (By JKSSB Mock Tests)

Injections into the circular flow are investment, government expenditure and exports.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'Second Five Year Plan' period was:

A. 1951-1956

B. 1961-1966

C. 1956-1961

D. 1953-1958

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The Second Five Year Plan covered 1956-1961.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Code on Wages' was passed in which year?

A. 2021

B. 2017

C. 2019

D. 2020

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
The Code on Wages was passed in 2019.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Planning Commission' was set up in 1950 by a resolution of the:

A. Government of India

B. Supreme Court

C. President

D. Parliament

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
The Planning Commission was established by a Cabinet resolution in March 1950.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs