During British Rule, the Competitive Exam for Becoming Part of the Indian

question 45

Multiple Choice

During British rule, the competitive exam for becoming part of the Indian Civil Service was held in which city?

• A) Bombay
• B) Mumbai
• C) Manchester
• D) London
• E) Calcutta

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Definitions:

MPC

Marginal Propensity to Consume, the proportion of additional income that a consumer spends on purchasing goods and services, rather than saving.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country's borders in a specific time period, indicating the size of its economy.

Investment

The act of allocating resources, usually money, with the expectation of generating an income or profit.

MPC

Marginal Propensity to Consume, the fraction of additional income that is spent on consumption.