Economics - Online Test
Q1. Inflation affects people adversely because:
Answer : Option C
Explaination / Solution:
No Explaination.
Q2. Perfectly competitive firm faces?
Answer : Option D
Explaination / Solution:
No Explaination.
Q3. The value of the multiplier is determined by the
Answer : Option B
Explaination / Solution:
No Explaination.
Q4. CAGR stands for
Answer : Option D
Explaination / Solution:
The compound annual growth rate (CAGR) is the mean annual growth rate of an investment over a specified period of time longer than one year.
Q5. A frequency diagram records class frequencies I a frequency distribution. These include
Answer : Option A
Explaination / Solution:
Histograms, Frequency Polygons and Ogive can be prepared only if class intervals are given. These can not be prepared from discrete data.
Q6. Under which system people below the poverty line (BPL) could get essential goods at low subsidised rates
Answer : Option D
Explaination / Solution:
PDS implies distribution of food grains through fair price shops at subsidised rates.
Q7. When was the first five year plan started in China
Answer : Option C
Explaination / Solution:
The period 1953–57, corresponding to the First Five-Year Plan, was the beginning of China's rapid industrialization, and it is still regarded as having been enormously successful. A strong central governmental apparatus proved able to channel scarce resources into the rapid development of heavy industry.
Q8. Tenancy reforms refers to
Answer : Option C
Explaination / Solution:
Tenancy reforms aim to regulation of rent, provide security of tenure and conferring ownership to tenants. The tenancy reforms laws provide the provisions for registration of tenants, or giving ownership rights to the former tenants to bring them directly under the state
Q9. Another Implication of Fiscal deficit is
Answer : Option C
Explaination / Solution:
No Explaination.
Q10. Approximately what percentage of scores falls within one standard deviation of the mean in a normal distribution?
Answer : Option C
Explaination / Solution:
No Explaination.
