Economics - Online Test
Q1. Which role of Central Bank makes it as the controller of money supply or credit
Answer : Option A
Explaination / Solution:
No Explaination.
Q2. A weighted aggregate price index where the weight for each item is its base period quantity is known as the
Answer : Option C
Explaination / Solution:
No Explaination.
Q3. In 1950-51 India literacy rate was
Answer : Option D
Explaination / Solution:
No Explaination.
Q4. How individual series is differ from discrete series
Answer : Option B
Explaination / Solution:
Individual series are those series in which items are listened singely, discrete series are those series in which data are presented in manner that exact measurement of items are clearly shown.
Q5. Monetary neutrality implies that in the long run:
Answer : Option B
Explaination / Solution:
No Explaination.
Q6. The relationship between TR and MR when price is constant.
Answer : Option D
Explaination / Solution:
No Explaination.
Q7. If MPC =0.75, then MPS will be
Answer : Option D
Explaination / Solution:
No Explaination.
Q8. ________ was developed by the British Raj as a means to enlarge the size of market for the British goods
Answer : Option C
Explaination / Solution:
This huge railway network altered India’s transport system. As a result, transport costs were greatly reduced thereby to enlarge the size of market for the British goods.
Q9. In a bar chart the method used to distinguish one bar from another must be displayed separately such display is called
Answer : Option D
Explaination / Solution:
Legend is a picture or symbol or colour given to each graph to differentiate the bars with each other.
Q10. In 1988 which scheme was established
Answer : Option B
Explaination / Solution:
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian banks.
