General Economics 7
Quiz-summary
0 of 50 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 50 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Average score |
|
Your score |
|
Categories
- GENERAL ECONOMICS 0%
-
Thanks for participating in online mock test
Regards
Mock test Team
http://mock-test.caknowledgecl
ub.com/ http://www.caknowledgeclub.
com/index Give feedback for more requirement for Mock test
At
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- Answered
- Review
-
Question 1 of 50
1. Question
1 pointsWhat implication does resource scarcity have for the satisfaction of wants?
Correct
Incorrect
-
Question 2 of 50
2. Question
1 pointsWho expressed the view that “Economics should be neutral between ends”?
Correct
Incorrect
-
Question 3 of 50
3. Question
1 pointsWhich of the following pairs of goods is an example of substitutes?
Correct
Incorrect
-
Question 4 of 50
4. Question
1 pointsUnder productive method , the logic proceeds from——–
Correct
Incorrect
-
Question 5 of 50
5. Question
1 pointsIn the production of wheat, all of the following are variable factors that are used by the farmer except:
Correct
Incorrect
-
Question 6 of 50
6. Question
1 pointsIn describing a given production technology, the short run is best described as lasting
Correct
Incorrect
-
Question 7 of 50
7. Question
1 pointsPrice-taking firms, i.e., firms that operate in a perfectly competitive market, are said to be
“small” relative to the market. Which of the following best describes this smallness?Correct
Incorrect
-
Question 8 of 50
8. Question
1 pointsA firm encounters its “shutdown point” when:
Correct
Incorrect
-
Question 9 of 50
9. Question
1 pointsWhich of the following statements is correct?
Correct
Incorrect
-
Question 10 of 50
10. Question
1 pointsThe unsustainable levels of government deficits in the late 80’s can be attributed to:
Correct
Incorrect
-
Question 11 of 50
11. Question
1 pointsWhat is India’s rank in world population?
Correct
Incorrect
-
Question 12 of 50
12. Question
1 pointsWhich of the following statements is correct?
Correct
Incorrect
-
Question 13 of 50
13. Question
1 pointsThe industrial sector faced the process of retrogression and deceleration during———
Correct
Incorrect
-
Question 14 of 50
14. Question
1 pointsFind the tax which is direct tax among the following:
Correct
Incorrect
-
Question 15 of 50
15. Question
1 pointsAs a result of the New Industrial Policy, 1991:
Correct
Incorrect
-
Question 16 of 50
16. Question
1 pointsIn order to control credit:
Correct
Incorrect
-
Question 17 of 50
17. Question
1 pointsUnder ———— market condition, firms make normal profits in the long run.
Correct
Incorrect
-
Question 18 of 50
18. Question
1 pointsLarger production of ———— goods would lead to higher production in future.
Correct
Incorrect
-
Question 19 of 50
19. Question
1 pointsConsumer surplus means ————
Correct
Incorrect
-
Question 20 of 50
20. Question
1 pointsA horizontal supply curve parallel to the quantity axis implies that the elasticity of supply is ————
Correct
Incorrect
-
Question 21 of 50
21. Question
1 pointsThe average product of labour is maximized when marginal product of labour _________.
Correct
Incorrect
-
Question 22 of 50
22. Question
1 pointsWhen _________, we know that the firms are earning just normal profits.
Correct
Incorrect
-
Question 23 of 50
23. Question
1 pointsIn a free market economy, when consumers increase their purchase of a good and the level
of _________ exceeds _________ then prices tend to rise.Correct
Incorrect
-
Question 24 of 50
24. Question
1 points_________ is the apex bank for agriculture credit.
Correct
Incorrect
-
Question 25 of 50
25. Question
1 pointsIndia has the _________ largest scientific and technical manpower in the world.
Correct
Incorrect
-
Question 26 of 50
26. Question
1 pointsMore than _________ percent of the sick units in India are small units.
Correct
Incorrect
-
Question 27 of 50
27. Question
1 pointsThe Eleventh Plan aims at achieving a growth rate of _________ in the industrial sector.
Correct
Incorrect
-
Question 28 of 50
28. Question
1 pointsNearly _____ percent of working population is engaged in the service sector (2015-16).
Correct
Incorrect
-
Question 29 of 50
29. Question
1 pointsCross elasticity of demand in Monopoly markets is ———-
Correct
Incorrect
-
Question 30 of 50
30. Question
1 pointsA situation of employment in which a person is apparently employed but his contribution to
the production is almost nil is called _________ unemployment.Correct
Incorrect
-
Question 31 of 50
31. Question
1 points_________ unemployment may result when some workers are temporarily out of work while changing job.
Correct
Incorrect
-
Question 32 of 50
32. Question
1 pointsWhich of the following is not a central problem of society?
Correct
Incorrect
-
Question 33 of 50
33. Question
1 pointsThe concept of consumer surplus was coined by—–
Correct
Incorrect
-
Question 34 of 50
34. Question
1 pointsGoods or services that are not necessary for living———–
Correct
Incorrect
-
Question 35 of 50
35. Question
1 pointsEconomics is science in its methodology and art in its———
Correct
Incorrect
-
Question 36 of 50
36. Question
1 pointsEconomics as a positive science analyses ——
Correct
Incorrect
-
Question 37 of 50
37. Question
1 pointsThe process of production is nothing but creation of ———–
Correct
Incorrect
-
Question 38 of 50
38. Question
1 pointsThe term Land in Economics means ———-
Correct
Incorrect
-
Question 39 of 50
39. Question
1 pointsCirculating capital in a firm of capital, which is ——–
Correct
Incorrect
-
Question 40 of 50
40. Question
1 pointsExpansion of demand is shown by —–
Correct
Incorrect
-
Question 41 of 50
41. Question
1 points. Which system of note issue prevails in India at present______
Correct
Incorrect
-
Question 42 of 50
42. Question
1 pointsGlobalisation has made Indian market as________
Correct
Incorrect
-
Question 43 of 50
43. Question
1 pointsAs MODVAT had defects, so it was _______
Correct
Incorrect
-
Question 44 of 50
44. Question
1 points. SEBI is __________
Correct
Incorrect
-
Question 45 of 50
45. Question
1 points. Bank rate is called _________
Correct
Incorrect
-
Question 46 of 50
46. Question
1 points. According to 2011 census to the highest urban population________
Correct
Incorrect
-
Question 47 of 50
47. Question
1 points. Franchising is one of the method of ________
Correct
Incorrect
-
Question 48 of 50
48. Question
1 pointsCustoms duties are levied on __________
Correct
Incorrect
-
Question 49 of 50
49. Question
1 pointsUpward rising in Administered price levels leads to ________
Correct
Incorrect
-
Question 50 of 50
50. Question
1 pointsThe supply of commodity implies:
Correct
Incorrect