Economics - Online Test
Q1. Stock is a
Answer : Option C
Explaination / Solution:
No Explaination.
Q2. Marginal utility curve of a given consumer is also his?
Answer : Option D
Explaination / Solution:
No Explaination.
Q3. Which of the following is not one among the Maharatnas PSU’s
Answer : Option D
Explaination / Solution:
The company which was founded as Videsh Sanchar Nigam Limited (VSNL) in 1986 is not one among Maharatna PSUs.
Q4. Flexible exchange rate is determined by
Answer : Option A
Explaination / Solution:
It is determined by market forces because every currency area must decide what type of exchange rate arrangement to maintain. Between permanently fixed and completely flexible however, are heterogeneous approaches. They have different implications for the extent to which national authorities participate in foreign exchange markets.
Q5. Calculate Standard deviation from the following data.
Answer : Option D
Explaination / Solution:
No Explaination.
Q6. Following are the non-conventional source of energy except
Answer : Option D
Explaination / Solution:
Non-conventional sources of energy are — solar energy, wind energy and tidal power.
Q7. Larger production of ___________ goods would lead to higher production in the future.
Answer : Option C
Explaination / Solution:
A capital good is a durable good that is used in the production of goods or services. Capital goods are one of the three types of producer goods, the other two being land and labour which are also known collectively as primary factors of production.
Q8. The relationships between AR and MR is when price falls is
Answer : Option C
Explaination / Solution:
No Explaination.
Q9. The diagrammatic representation of two variables is called _________
Answer : Option A
Explaination / Solution:
A scatter diagram is a graph in which the values of two variables are plotted along the 2 axis.
Q10. To reduce the poverty in rural areas various steps have been taken one of them is
Answer : Option A
Explaination / Solution:
The nine important measures which should be taken to reduce poverty in India are as follows: 1. Accelerating Economic Growth 2. Agricultural Growth and Poverty Alleviation 3. Speedy Development of Infrastructure 4. Accelerating Human Resource Development 5. Growth of Non-Farm Employment 6. Access to Assets 7. Access to Credit 8. Public Distribution System (PDS) 9. Direct Attack on Poverty: Special Employment Schemes for the Poor.
