Economics - Online Test
Q1. Self reliance means
Answer : Option D
Explaination / Solution:
Self reliance means that an economy is not totally dependent on imports and is able to meet its requirements through domestic production.
Q2. The upward sloping supply curve for the foreign exchange reflects
Answer : Option C
Explaination / Solution:
No Explaination.
Q3. Half of the difference between the first and third quartiles
Answer : Option A
Explaination / Solution:
It is based on the lower quartile Q1 and the upper quartile Q3. The difference Q3−Q1 is called the inter quartile range. The difference Q3−Q1 divided by 2 is called semi-inter-quartile range or the quartile deviation.
Q4. PMSSY was launched in
Answer : Option C
Explaination / Solution:
PMSSY was first launched in March 2006 with the primary objective of correcting the imbalances in availability of affordable/reliable tertiary level healthcare in India.
Q5. Cash paid against trade payable belongs to ------------
Answer : Option C
Explaination / Solution:
These are the company's core business activities, such as manufacturing, distributing, marketing and selling a product or service. Operating activities should generally provide the majority of a company's cash flow and largely determine whether a company is profitable.
Q6. In short run TPP changes with the change in
Answer : Option C
Explaination / Solution:
No Explaination.
Q7. When the correlation is only studied between two variables it is called
Answer : Option A
Explaination / Solution:
Because it is very easy and simple to calculate correlation between two variables.
Q8. The scheme provide healthy urban environment through community toilets
Answer : Option C
Explaination / Solution:
VAMBAY stands for “Valmiki Ambedkar Aawas Yojna”. It is a central govt. sponsored programme for the slum dwellers living in different towns and cities all over the country. Also it attempts to provide a healthy urban environment through community toilets under Nirmal Bharat Abhiyan, a component of the scheme.
Q9. The method of generalizing data collected from a few units out of the entire population is called _____.
Answer : Option A
Explaination / Solution:
The data is collected from a handfull of population and the conclusion is generalized to the whole population. Concluding the quality of rice by checking only few grains of it, is a daily life example of sampling method.
Q10. ________ resources are those which get exhausted with extraction
Answer : Option D
Explaination / Solution:
No Explaination.
