Economics - Online Test

Q1. Which programme started in 1994
Answer : Option A
Explaination / Solution:

The District Primary Education Program is sponsored by the Central Government of India with an objective to revitalise and universalise the primary education. It was initiated in 1994.

Q2.
Identify the type of variable from the following table

Answer : Option A
Explaination / Solution:

A continuous variable is a variable that has an infinite number of possible values. In other words, any value is possible for the variable. A continuous variable is the opposite of a discrete variable, which can only take on a certain number of values.

Q3. In order to maintain stable prices, a central bank must
Answer : Option D
Explaination / Solution:
No Explaination.


Q4. For maximum profit, the condition is:
Answer : Option B
Explaination / Solution:
No Explaination.


Q5. S = -a+(1-b)Y is a
Answer : Option A
Explaination / Solution:
No Explaination.


Q6. Death rate and birth rate at the time of independence was
Answer : Option D
Explaination / Solution:

High birth rate and high death rate are treated as an index of backwardness of India, at the time of independence (1947)

Q7. If the upper limits of the classes and proceed by adding the frequencies that this method will be called
Answer : Option B
Explaination / Solution:

For "less than" ogive the cumulative frequencies are plotted against the respective upper limits of the class intervals

Q8. Jamshedji Tata National Virtual Academy is to impart operational training to nearly ___ lac rural people to run info-kiosks
Answer : Option A
Explaination / Solution:

By giving tranining, the quality and quantity of crops can be increased manifold if the farmers are made aware of the latest equipments, technologies and resources.

Q9. In China reforms were introduced in 1978 because
Answer : Option A
Explaination / Solution:

Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses.

Q10. Foreign spending on domestic goods and services is ____ and domestic spending on foreign goods is ______
Answer : Option D
Explaination / Solution:

Exports refers to a product or service sold abroad. Imports refers to bring (goods or services) into a country from abroad for sale.