Economics - Online Test

Q1. The ratio measures the number of poor below poverty line is known as
Answer : Option C
Explaination / Solution:

When the number of poor is estimated as the proportion of people below the poverty line, it is known as 'head count ratio'.

Q2. Which type of data is contained in the census of India?
Answer : Option B
Explaination / Solution:

According to the Census Act 1948, population of India is counted using Census alongwith various charecterstics of the population.

Q3. Two major environmental issues facing the world today are
Answer : Option A
Explaination / Solution:
No Explaination.


Q4. The broad definition of money is not based on
Answer : Option C
Explaination / Solution:
No Explaination.


Q5. A composite price index based on the prices of a group of items is known as the
Answer : Option D
Explaination / Solution:
No Explaination.


Q6. Match the following. Options are

Answer : Option D
Explaination / Solution:
No Explaination.


Q7. The class mid-point is equal to
Answer : Option B
Explaination / Solution:

The lower limit for every class is the smallest value in that class. On the other hand, the upper limit for every class is the greatest value in that class. The class midpoint is the lower class limit plus the upper class limit divided by 2.

Q8. Which of the following does NOT come under the rubric of fiscal policy?
Answer : Option D
Explaination / Solution:
No Explaination.


Q9. Price taker firms
Answer : Option C
Explaination / Solution:
No Explaination.


Q10. Complete the flow __________
Answer : Option A
Explaination / Solution:
No Explaination.