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    5. What kind of relationship exists between income and demand in case of normal goods?

    Question

    What kind of relationship exists between income and

    demand in case of normal goods?
    A There is no impact of income on demand. Correct Answer Incorrect Answer
    B Sometimes there is a direct and sometimes an inverse relationship. Correct Answer Incorrect Answer
    C There is a direct relationship. Correct Answer Incorrect Answer
    D There is an inverse relationship. Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
      More Previous Year Paper Questions
    • Which of the following is the new alluvium deposited by floods in the Ganga Plain?

    • The Green Revolution was instrumental in reducing India's dependence on imports of: 

    • Langvir Nritya is a folk dance from the state of _____.

    • Which winds blow across the Asian continent at latitudes north of the Himalayas roughly parallel to the Tibetan highlands?

    • Reliance Industries has raised ______ through 10-year bonds at a coupon of 7.79 per cent.

    • Which of the following rights forbids employment of children below the age of 14 years in dangerous jobs?

    • In April 2022, United India Insurance, authorised capital was raised to __________ from ₹5,000 crore.

    • In the fourth ‘State Food Safety Index’ of India for the year 2021-22, what is the rank of Uttrakhand?

    • Rajendra I was the son of which of the following Chola kings?

    • Which one among the following observations pertaining to the works of Nineteenth- Twentieth Century archaeologists is not correct?

    Relevant for Exams:

    • SSC CGL
    • SSC CPO
    • RRB JE

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