Economics - Online Test
Q1. Calculate Pearson's correlation coefficient from the following data :
Answer : Option C
Explaination / Solution:
Q2. PDS stands for
Answer : Option A
Explaination / Solution:
Public distribution system (PDS) is an Indian food security system. Established by the Government of India under Ministry of Consumer affairs. Food and and are managed jointly by state government of India. it distributes subsidized food and non-food items to India's poor. This scheme was launched in India on June 1947. Major commodities distributed include staple food grains, such as wheat rise and kerosene through a network of fair price shops (also known as ration shops) established in several states across the country.
Q3. Sugar Mills association publishes information regarding sugar mills in India. It is a source of data from _______.
Answer : Option B
Explaination / Solution:
Sugar mill assosiation's publications are part of various industrial and trade associations and are Non Government Publications
Q4.
Match the following. Options are
Answer : Option C
Explaination / Solution:
No Explaination.
Q5. One of the various qualitative instruments used by the central bank in during deflation is
Answer : Option C
Explaination / Solution:
No Explaination.
Q6. A monthly price index that measures the changes in the prices of goods sold in a primary market is known as the
Answer : Option B
Explaination / Solution:
No Explaination.
Q7. Indicator/s of growth in the educational sector
Answer : Option A
Explaination / Solution:
Growth in education includes parameters like literacy rate, number of educational institutions and the student enrolment.
Q8.
Identify the type of classification used in the following table
Answer : Option A
Explaination / Solution:
When data are observed over a period of time the type of classification is known as chronological classification
Q9. Cost-push inflation
Answer : Option D
Explaination / Solution:
No Explaination.
Q10. The break- even point is where MR=MC
Answer : Option C
Explaination / Solution:
No Explaination.
