1) Theory of distribution is popularly known as, a) Theory of product-pricing b) Theory of factor-pricing c) Theory of wages d) Theory of Interest 2) The concept of ‘Quasi-Rent’ is associated with a) Ricardo b) Keynes c) Walker d) Marshall 3) Keynesian Theory of interest is popularly known as11. a) Abstinence Theory b) Liquidity Preference Theory c) Loanable Funds Theory d) Agio Theory 4) according to the Loanable Funds Theory, supply of loanable funds is equal to a) S + BC + DH + DI b) I + DS + DH + BM c) S + DS + BM + DI d) S + BM + DH + DS 5) Innovation Theory of profit was given by a) Hawley b) Schumpeter c) Keynes d) Knight 6) Loanable Funds Theory of Interest is called as a) Classical Theory b) Modern Theory c) Traditional Theory d) Neo-Classical Theory 7) Abstinence Theory of Interest was propounded by19. a) Alfred Marshall b) N.W Senior c) Bohm-Bawerk d) Knut Wicksell 8) “Wages as a sum of money are paid under contract by an employer to a worker for services rendered” –Who said this? a) Benham b) Marshall c) Walker d) J.S.Mill 9) Rent is the reward for the use of a) capital b) labour c) land d) organization 10) The distribution of income or wealth of a country among the individuals are a) functional distribution b) personal distribution c) goods distribution d) services distribution

11th UNIT 6 ENG

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