1. Systematic sampling requires ........... time and results in ......... cost than simple random sample method . Answer : Less, Lower
2. Market demand Curve obeys the ............. Answer : Law of Downward Sloping Demand
3. The yield of a 6 Year bond is 12% while that of 4 Year bond is 9%. What should be the yield on a 2- Year bond beginning from now ? Answer : 18 Explanation : (1+12%)^6 = (1+9%)^4 x (1+r)^2 R= 18%
4. Which sector is called the tertiary sector in India ? Answer : Services
5. Who is considered as the father of Modern Economics ? Answer : Adam Smith